Nuveen Churchill Direct Lending NCDL
NYSE NCDL
$12.15 -0.05 (-0.41%)
As of: Sep 10, 2026 · 9:46 AM EDT

Nuveen Churchill Direct Lending (NCDL) Non Operating Investment Income (2022 - 2026)

Nuveen Churchill Direct Lending's (NCDL) quarterly Non Operating Investment Income came in at -$6.0 million in Q2 2026, down 260.37% year-over-year from $3.8 million in Q2 2025, and up 22.62% quarter-over-quarter from -$7.8 million in Q1 2026.

Analysis

Nuveen Churchill Direct Lending (NCDL) Non Operating Investment Income (2022 - 2026) Analysis & Trends

Nuveen Churchill Direct Lending has disclosed Non Operating Investment Income across 5 years of filings, most recently posting -$6.0 million for Q2 2026.

  • In Q2 2026, Non Operating Investment Income fell 260.37% year-over-year to -$6.0 million; the TTM figure through Jun 2026 stood at -$25.6 million (down 563.34% YoY), while the FY2025 annual figure was -$21.6 million, down 395.9% from the prior year.
  • Non Operating Investment Income came in at -$6.0 million for Q2 2026 at Nuveen Churchill Direct Lending, up from -$7.8 million in the prior quarter.
  • In the past five years, Non Operating Investment Income ranged from a high of $11.6 million in Q3 2023 to a low of -$13.6 million in Q1 2025.
  • Average Non Operating Investment Income over 5 years is -$3.1 million, with a median of -$5.1 million recorded in 2022.
  • Year-over-year, Non Operating Investment Income surged 295.37% in 2023 and sank 434.56% in 2025.
  • Over 5 years, Non Operating Investment Income stood at -$7.1 million in 2022, then jumped by 163.67% to $4.5 million in 2023, then soared by 149.66% to $11.3 million in 2024, then sank by 166.6% to -$7.5 million in 2025, then gained by 19.54% to -$6.0 million in 2026.
  • Per Business Quant data, the three most recent Non Operating Investment Income figures were -$6.0 million in Q2 2026, -$7.8 million in Q1 2026, and -$7.5 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Investment Income (Qtr)
1 Ares Capital 14.09 Bn 13.71 Bn - -5.00 Mn
2 Blackstone Secured Lending Fund 5.70 Bn 5.43 Bn - -27.80 Mn
3 Blue Owl Capital 5.49 Bn 5.26 Bn - -95.51 Mn
4 Main Street Capital 5.24 Bn 5.18 Bn - 32.22 Mn
5 Blue Owl Technology Finance 4.97 Bn 4.76 Bn - 34.72 Mn
6 Hercules Capital 4.62 Bn 4.57 Bn - 29.57 Mn
7 FS KKR Capital 3.35 Bn 3.25 Bn - -116.00 Mn
8 Golub Capital Bdc 3.32 Bn 3.27 Bn - -8.39 Mn
9 PennantPark Floating Rate Capital 2.48 Bn -128.99 Mn - -56.65 Mn
10 Nuveen Churchill Direct Lending 600.05 Mn 559.29 Mn - -6.05 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -6.05 Mn
Mar 31, 2026 -7.81 Mn
Dec 31, 2025 -7.51 Mn
Sep 30, 2025 -4.25 Mn
Jun 30, 2025 3.77 Mn
Mar 31, 2025 -13.57 Mn
Dec 31, 2024 11.28 Mn
Sep 30, 2024 4.05 Mn
Jun 30, 2024 -12.10 Mn
Mar 31, 2024 4.06 Mn
Dec 31, 2023 4.52 Mn
Sep 30, 2023 11.57 Mn
Jun 30, 2023 -4.24 Mn
Mar 31, 2023 -11.14 Mn
Dec 31, 2022 -7.10 Mn
Sep 30, 2022 -5.92 Mn
Jun 30, 2022 -12.51 Mn
Mar 31, 2022 -2.38 Mn