Nuveen Churchill Direct Lending (NCDL) Investment Income (2022 - 2026)
Nuveen Churchill Direct Lending recorded quarterly Investment Income of -$11.4 million in Q1 2026, down 98.38% quarter-over-quarter from -$5.7 million in Q4 2025, and up 8.64% year-over-year from -$10.5 million in Q1 2025.
Nuveen Churchill Direct Lending's Investment Income history runs 5 years deep, the most recent figure standing at -$11.4 million for Q1 2026.
- In Q1 2026, Investment Income rose 8.64% year-over-year to -$11.4 million; the TTM figure through Mar 2026 stood at -$26.6 million (down 41.85% YoY), while the FY2025 annual figure was -$27.7 million, down 357.11% from the prior year.
- Investment Income came in at -$11.4 million for Q1 2026 at Nuveen Churchill Direct Lending, down from -$5.7 million in the prior quarter.
- In the past five years, Investment Income ranged from a high of $5.2 million in Q3 2024 to a low of -$12.5 million in Q2 2022.
- A 5-year average of -$4.8 million and a median of -$5.0 million in 2023 frame the typical range for Investment Income.
- Across the five-year window, Investment Income jumped 442.23% in 2024 and tumbled 4371.82% in 2025, its largest moves.
- Nuveen Churchill Direct Lending's Investment Income stood at -$7.0 million in 2022, then surged by 141.3% to $2.9 million in 2023, then sank by 124.55% to -$707000.0 in 2024, then tumbled by 709.76% to -$5.7 million in 2025, then slumped by 98.38% to -$11.4 million in 2026.
- According to Business Quant data, Investment Income over the past three periods registered -$11.4 million, -$5.7 million, and -$2.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inv. Income (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | - |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | - |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Nuveen Churchill Direct Lending | 661.29 Mn | 651.05 Mn | - | -11.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.36 Mn |
| Dec 31, 2025 | -5.73 Mn |
| Sep 30, 2025 | -2.73 Mn |
| Jun 30, 2025 | -6.84 Mn |
| Mar 31, 2025 | -12.43 Mn |
| Dec 31, 2024 | -707,000.00 |
| Sep 30, 2024 | 5.15 Mn |
| Jun 30, 2024 | -10.80 Mn |
| Mar 31, 2024 | 291,000.00 |
| Dec 31, 2023 | 2.88 Mn |
| Sep 30, 2023 | -1.51 Mn |
| Jun 30, 2023 | -4.40 Mn |
| Mar 31, 2023 | -5.04 Mn |
| Dec 31, 2022 | -6.97 Mn |
| Sep 30, 2022 | -6.43 Mn |
| Jun 30, 2022 | -12.45 Mn |
| Mar 31, 2022 | -2.35 Mn |