Nuveen Churchill Direct Lending (NCDL) Investment Income (2022 - 2026)
Nuveen Churchill Direct Lending (NCDL) posted Investment Income of -$11.4 million for Q1 2026, down 98.38% sequentially from -$5.7 million in Q4 2025, and up 8.64% YoY from -$10.5 million in Q1 2025.
Nuveen Churchill Direct Lending (NCDL) Investment Income (2022 - 2026) Analysis & Trends
Nuveen Churchill Direct Lending has reported Investment Income for 5 years, with the latest figure at -$11.4 million in Q1 2026.
- Quarterly Investment Income rose 8.64% year-over-year to -$11.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$26.6 million (down 41.85% YoY) and the FY2025 annual result came in at -$27.7 million, down 357.11% from the prior year.
- Investment Income declined to -$11.4 million in Q1 2026 per NCDL's latest filing, from -$5.7 million in the prior quarter.
- Over five years, Investment Income peaked at $5.2 million in Q3 2024 and troughed at -$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.
- The sharpest annual moves came in 2024 and 2025: Investment Income surged 442.23% in 2024, then plunged 4371.82% in 2025.
- Over 5 years, Investment Income stood at -$7.0 million in 2022, then soared by 141.3% to $2.9 million in 2023, then slumped by 124.55% to -$707000.0 in 2024, then plunged by 709.76% to -$5.7 million in 2025, then tumbled 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 | 179.54 Bn | 165.67 Bn | - | - |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | - |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | - |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | - |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | - |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | - |
| 10 | Nuveen Churchill Direct Lending | 606.47 Mn | 565.71 Mn | - | -16.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -16.63 Mn |
| 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 |