Palmer Square Capital BDC (PSBD) Non-Current Debt (2021 - 2026)
Palmer Square Capital BDC's (PSBD) quarterly Non-Current Debt came in at $394.5 million in Q2 2026, down 14.43% on a YoY basis from $461.1 million in Q2 2025, and down 1.47% quarter-over-quarter from $400.4 million in Q1 2026.
Analysis
Palmer Square Capital BDC (PSBD) Non-Current Debt (2021 - 2026) Analysis & Trends
Palmer Square Capital BDC (PSBD) has reported Non-Current Debt for 6 consecutive years, with $394.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Debt fell 14.43% year-over-year to $394.5 million; the trailing twelve-month figure through Jun 2026 stood at $394.5 million (down 14.43% YoY), and the FY2025 full-year result was $414.4 million, down 17.38% from the prior year.
- Non-Current Debt declined to $394.5 million in Q2 2026 per PSBD's latest filing, from $400.4 million in the prior quarter.
- Across five years, Non-Current Debt topped out at $795.2 million in Q1 2024 and bottomed at $394.5 million in Q2 2026.
- Historically, Non-Current Debt has averaged $545.3 million across 5 years, with a median of $519.2 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Non-Current Debt grew 29.0% in 2024, then slumped 40.6% in 2025.
- Over 5 years, Non-Current Debt stood at $641.3 million in 2022, then gained by 0.08% to $641.8 million in 2023, then fell by 21.84% to $501.7 million in 2024, then fell by 17.38% to $414.4 million in 2025, then retreated by 4.8% to $394.5 million in 2026.
- According to Business Quant data, Non-Current Debt over the past three periods registered $394.5 million, $400.4 million, and $414.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.74 Bn | - | 15.77 Bn |
| 2 | Blackstone Secured Lending Fund | 5.63 Bn | 5.37 Bn | - | 7.54 Bn |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - | 7.90 Bn |
| 4 | Main Street Capital | 5.20 Bn | 5.15 Bn | - | 2.53 Bn |
| 5 | Blue Owl Technology Finance | 4.94 Bn | 4.73 Bn | - | 7.16 Bn |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | 2.34 Bn |
| 7 | FS KKR Capital | 3.33 Bn | 3.22 Bn | - | 6.47 Bn |
| 8 | Golub Capital Bdc | 3.31 Bn | 3.26 Bn | - | 4.54 Bn |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | 318.31 Mn |
| 10 | Palmer Square Capital BDC | 316.21 Mn | 316.21 Mn | - | 394.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 394.54 Mn |
| Mar 31, 2026 | 400.44 Mn |
| Dec 31, 2025 | 414.44 Mn |
| Sep 30, 2025 | 450.06 Mn |
| Jun 30, 2025 | 461.06 Mn |
| Mar 31, 2025 | 472.33 Mn |
| Dec 31, 2024 | 501.65 Mn |
| Sep 30, 2024 | 518.48 Mn |
| Jun 30, 2024 | 519.87 Mn |
| Mar 31, 2024 | 795.18 Mn |
| Dec 31, 2023 | 641.83 Mn |
| Sep 30, 2023 | 632.55 Mn |
| Jun 30, 2023 | 627.37 Mn |
| Mar 31, 2023 | 616.41 Mn |
| Dec 31, 2022 | 641.31 Mn |
| Sep 30, 2022 | 637.10 Mn |
| Dec 31, 2021 | 649.91 Mn |