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

Nuveen Churchill Direct Lending (NCDL) has 5 years of Operating Income data on file, last reported at $20.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Income fell 26.99% year-over-year to $20.0 million; the trailing twelve-month figure through Mar 2026 stood at $85.9 million (down 28.78% YoY), and the FY2025 full-year result was $93.3 million, down 24.08% from the prior year.
• Operating Income retreated to $20.0 million in Q1 2026, from $21.6 million in the prior quarter.
• In the past five years, Operating Income ranged from a high of $31.5 million in Q3 2024 to a low of $9.1 million in Q1 2022.
• A 5-year average of $21.5 million and a median of $21.6 million in 2025 frame the typical range for Operating Income.
• Across the five-year window, Operating Income soared 95.22% in 2023 and slumped 32.08% in 2025, its largest moves.
• Tracing NCDL's Operating Income over 5 years: stood at $14.2 million in 2022, then surged by 81.9% to $25.9 million in 2023, then increased by 18.6% to $30.7 million in 2024, then decreased by 29.52% to $21.6 million in 2025, then decreased by 7.39% to $20.0 million in 2026.
• Business Quant data shows NCDL's Operating Income at $20.0 million in Q1 2026, $21.6 million in Q4 2025, and $21.4 million in Q3 2025.