Nuveen Churchill Direct Lending (NCDL) Net Income (2022 - 2026)
Nuveen Churchill Direct Lending (NCDL) reported Net Income of -$3.3 million for Q1 2026, down 152.59% on a YoY basis from $6.2 million in Q1 2025, and down 138.28% sequentially from $8.5 million in Q4 2025.
Nuveen Churchill Direct Lending (NCDL) Net Income (2022 - 2026) Analysis & Trends
Nuveen Churchill Direct Lending (NCDL) has 5 years of Net Income data on file, last reported at -$3.3 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income fell 152.59% year-over-year to -$3.3 million; the trailing twelve-month figure through Mar 2026 stood at $10.2 million (down 72.04% YoY), and the FY2025 full-year result was $15.3 million, down 64.12% from the prior year.
- Net Income retreated to -$3.3 million in Q1 2026, from $8.5 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $12.8 million in Q1 2024 to a low of -$3.3 million in Q1 2026.
- A 5-year average of $6.1 million and a median of $5.6 million in 2023 frame the typical range for Net Income.
- Across the five-year window, Net Income surged 178.74% in 2024 and slumped 152.59% in 2026, its largest moves.
- Tracing NCDL's Net Income over 5 years: stood at $5.4 million in 2022, then jumped by 44.81% to $7.8 million in 2023, then grew by 24.63% to $9.7 million in 2024, then fell by 11.91% to $8.5 million in 2025, then tumbled by 138.28% to -$3.3 million in 2026.
- Business Quant data shows NCDL's Net Income at -$3.3 million in Q1 2026, $8.5 million in Q4 2025, and $2.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 33.10 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 2.33 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 1.26 Bn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -1.41 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 764.00 Mn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 915.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 525.50 Mn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 544.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 484.10 Mn |
| 10 | Nuveen Churchill Direct Lending | 598.08 Mn | 595.34 Mn | - | -3.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.27 Mn |
| Dec 31, 2025 | 8.54 Mn |
| Sep 30, 2025 | 2.18 Mn |
| Jun 30, 2025 | 2.75 Mn |
| Mar 31, 2025 | 6.21 Mn |
| Dec 31, 2024 | 9.69 Mn |
| Sep 30, 2024 | 8.29 Mn |
| Jun 30, 2024 | 12.29 Mn |
| Mar 31, 2024 | 12.79 Mn |
| Dec 31, 2023 | 7.78 Mn |
| Sep 30, 2023 | 5.61 Mn |
| Jun 30, 2023 | 4.41 Mn |
| Mar 31, 2023 | 5.02 Mn |
| Dec 31, 2022 | 5.37 Mn |
| Sep 30, 2022 | 5.12 Mn |
| Jun 30, 2022 | 5.50 Mn |
| Mar 31, 2022 | 6.08 Mn |