Nuveen Churchill Direct Lending NCDL
NYSE NCDL
$12.19 -0.08 (-0.65%)
As of: Sep 9, 2026 · 3:59 PM EDT

Nuveen Churchill Direct Lending (NCDL) Revenue (2022 - 2026)

Nuveen Churchill Direct Lending's (NCDL) quarterly Revenue came in at $44.3 million in Q2 2026, down 16.57% year-over-year from $53.1 million in Q2 2025, and down 4.17% quarter-over-quarter from $46.3 million in Q1 2026.

Analysis

Nuveen Churchill Direct Lending (NCDL) Revenue (2022 - 2026) Analysis & Trends

Nuveen Churchill Direct Lending has disclosed Revenue across 5 years of filings, most recently posting $44.3 million for Q2 2026.

  • In Q2 2026, Revenue fell 16.57% year-over-year to $44.3 million; the TTM figure through Jun 2026 stood at $191.7 million (down 14.44% YoY), while the FY2025 annual figure was $207.9 million, down 7.22% from the prior year.
  • Revenue came in at $44.3 million for Q2 2026 at Nuveen Churchill Direct Lending, down from $46.3 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $60.3 million in Q3 2024 to a low of $14.1 million in Q1 2022.
  • Average Revenue over 5 years is $42.6 million, with a median of $47.6 million recorded in 2023.
  • Year-over-year, Revenue surged 140.19% in 2023 and retreated 16.57% in 2026.
  • Over 5 years, Revenue stood at $29.3 million in 2022, then soared by 67.33% to $48.9 million in 2023, then increased by 16.6% to $57.1 million in 2024, then declined by 12.34% to $50.0 million in 2025, then slipped by 11.4% to $44.3 million in 2026.
  • Per Business Quant data, the three most recent Revenue figures were $44.3 million in Q2 2026, $46.3 million in Q1 2026, and $50.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Ares Capital 14.12 Bn 13.73 Bn - 768.00 Mn
2 Blackstone Secured Lending Fund 5.69 Bn 5.42 Bn - 320.47 Mn
3 Blue Owl Capital 5.52 Bn 5.28 Bn - 401.34 Mn
4 Main Street Capital 5.26 Bn 5.20 Bn - 149.57 Mn
5 Blue Owl Technology Finance 5.05 Bn 4.84 Bn - 338.03 Mn
6 Hercules Capital 4.64 Bn 4.59 Bn - 149.11 Mn
7 FS KKR Capital 3.37 Bn 3.27 Bn - 290.00 Mn
8 Golub Capital Bdc 3.34 Bn 3.30 Bn - 187.73 Mn
9 PennantPark Floating Rate Capital 2.48 Bn -129.09 Mn - 66.09 Mn
10 Nuveen Churchill Direct Lending 604.00 Mn 563.24 Mn - 44.33 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 44.33 Mn
Mar 31, 2026 46.26 Mn
Dec 31, 2025 50.03 Mn
Sep 30, 2025 51.11 Mn
Jun 30, 2025 53.13 Mn
Mar 31, 2025 53.59 Mn
Dec 31, 2024 57.08 Mn
Sep 30, 2024 60.28 Mn
Jun 30, 2024 55.09 Mn
Mar 31, 2024 51.60 Mn
Dec 31, 2023 48.95 Mn
Sep 30, 2023 41.75 Mn
Jun 30, 2023 37.10 Mn
Mar 31, 2023 33.96 Mn
Dec 31, 2022 29.25 Mn
Sep 30, 2022 22.60 Mn
Jun 30, 2022 16.46 Mn
Mar 31, 2022 14.14 Mn