Nuveen Churchill Direct Lending (NCDL) Other Operating Expenses (2022 - 2026)

Nuveen Churchill Direct Lending's (NCDL) quarterly Other Operating Expenses came in at $25.8 million in Q1 2026, down 7.9% year-on-year from $28.0 million in Q1 2025, and down 5.74% quarter-over-quarter from $27.4 million in Q4 2025.

Nuveen Churchill Direct Lending (NCDL) Other Operating Expenses (2022 - 2026) Analysis & Trends

Nuveen Churchill Direct Lending has disclosed Other Operating Expenses across 4 years of filings, most recently posting $25.8 million for Q1 2026.

  • Other Operating Expenses for Q1 2026 came in at $25.8 million, down 7.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $112.2 million (up 300.24% YoY), and the FY2023 annual result was $158000.0, down 11.73% from the prior year.
  • Other Operating Expenses came in at $25.8 million for Q1 2026 at Nuveen Churchill Direct Lending, down from $27.4 million in the prior quarter.
  • In the past five years, Other Operating Expenses ranged from a high of $29.9 million in Q2 2025 to a low of $14000.0 in Q1 2023.
  • The 4-year median for Other Operating Expenses is $144000.0 (2023), against an average of $12.8 million.
  • Peak annual rise in Other Operating Expenses reached 234.88% in 2023, while the deepest fall reached 72.55% in 2023.
  • Nuveen Churchill Direct Lending's Other Operating Expenses stood at $30000.0 in 2022, then jumped by 380.0% to $144000.0 in 2023, then surged by 18929.17% to $27.4 million in 2025, then dropped by 5.74% to $25.8 million in 2026.
  • The last three Other Operating Expenses figures came in at $25.8 million (Q1 2026), $27.4 million (Q4 2025), and $29.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn -
2 Blackstone 96.85 Bn 95.80 Bn -
3 Kkr 86.45 Bn 133.96 Bn -
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn
5 State Street 46.95 Bn 21.27 Bn -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn
7 Northern Trust 31.92 Bn 31.92 Bn -
8 Raymond James Financial 30.62 Bn 19.37 Bn -
9 Ares Management 29.04 Bn 32.41 Bn -
10 Nuveen Churchill Direct Lending 601.78 Mn 591.54 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 25.83 Mn
Dec 31, 2025 27.40 Mn
Sep 30, 2025 29.15 Mn
Jun 30, 2025 29.87 Mn
Mar 31, 2025 28.05 Mn
Jun 30, 2023 144,000.00
Mar 31, 2023 14,000.00
Dec 31, 2022 30,000.00
Sep 30, 2022 55,000.00
Jun 30, 2022 43,000.00
Mar 31, 2022 51,000.00