Runway Growth Finance (RWAY) Incentive Fees Payable (2018 - 2026)
Runway Growth Finance (RWAY) recorded Incentive Fees Payable of $13.24 million in Q2 2026, down 8.6% from $14.49 million a year earlier and down 10.9% from the prior quarter.
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Analysis
Runway Growth Finance (RWAY) Incentive Fees Payable (2018 - 2026) Analysis & Trends
At the end of FY2025, Runway Growth Finance reported Incentive Fees Payable of $14.44 million, up 2.4% from FY2024.
- Annual Incentive Fees Payable has increased for four straight years, with a four-year compound annual growth rate of 24.5% (FY2021 to FY2025).
- Across earlier years, Incentive Fees Payable came in at $14.11 million in FY2024 (+12.8%), $12.5 million in FY2023 (+41.9%), $8.81 million in FY2022 (+46.6%) and $6.01 million in FY2021.
- The Q2 2026 figure is the lowest quarterly Incentive Fees Payable since Q4 2023.
- On a year-over-year basis, Incentive Fees Payable rose in seven of the last eight quarters, with growth averaging 5.5%.
- Peak year-over-year performance for Incentive Fees Payable in the last five years was growth of 46.6% in Q4 2022, against a decline of 8.6% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $14.85 million (Q1 2026), $14.44 million (Q4 2025) and $16.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Incentive Fees Payable (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | - |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | - |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | - |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | - |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | - |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | - |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | - |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 166.00 Mn |
| 10 | Runway Growth Finance | 274.79 Mn | 239.85 Mn | 40.36 Mn | 15.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.03 Mn |
| Jun 30, 2026 | 13.24 Mn |
| Mar 31, 2026 | 14.85 Mn |
| Dec 31, 2025 | 14.44 Mn |
| Sep 30, 2025 | 16.30 Mn |
| Jun 30, 2025 | 14.49 Mn |
| Mar 31, 2025 | 14.05 Mn |
| Dec 31, 2024 | 14.11 Mn |
| Sep 30, 2024 | 14.93 Mn |
| Jun 30, 2024 | 13.87 Mn |
| Mar 31, 2024 | 13.84 Mn |
| Dec 31, 2023 | 12.50 Mn |
| Sep 30, 2023 | 12.78 Mn |
| Jun 30, 2023 | 10.82 Mn |
| Mar 31, 2023 | 9.57 Mn |
| Dec 31, 2022 | 8.81 Mn |
| Sep 30, 2022 | 7.19 Mn |
| Jun 30, 2022 | 7.42 Mn |
| Mar 31, 2022 | 4.86 Mn |
| Dec 31, 2021 | 6.01 Mn |
API Access
Runway Growth Finance Incentive Fees Payable API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=incentive-fees-payable&ticker=RWAY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "incentive-fees-payable", "ticker": "RWAY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=incentive-fees-payable&ticker=RWAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();