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

Nuveen Churchill Direct Lending has disclosed Revenue across 5 years of filings, most recently posting $42.9 million for Q1 2026.

• Revenue for Q1 2026 came in at $42.9 million, down 20.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $185.2 million (down 11.85% YoY), and the FY2025 annual result was $195.9 million, down 8.07% from the prior year.
• Revenue came in at $42.9 million for Q1 2026 at Nuveen Churchill Direct Lending, up from $38.1 million in the prior quarter.
• In the past five years, Revenue ranged from a high of $57.3 million in Q3 2024 to a low of $13.8 million in Q1 2022.
• The 5-year median for Revenue is $42.9 million (2026), against an average of $40.1 million.
• Across the five-year window, Revenue soared 146.37% in 2023 and slipped 20.01% in 2026, its largest moves.
• Nuveen Churchill Direct Lending's Revenue stood at $29.3 million in 2022, then surged by 50.62% to $44.1 million in 2023, then rose by 4.7% to $46.1 million in 2024, then dropped by 17.47% to $38.1 million in 2025, then grew by 12.58% to $42.9 million in 2026.
• The last three Revenue figures came in at $42.9 million (Q1 2026), $38.1 million (Q4 2025), and $51.1 million (Q3 2025), per Business Quant data.