BlackRock TCP Capital (TCPC) Non Operating Interest Expenses (2023 - 2026)
BlackRock TCP Capital's (TCPC) quarterly Non Operating Interest Expenses came in at $15.0 million in Q2 2026, down 12.24% on a YoY basis from $17.1 million in Q2 2025, and down 6.56% quarter-over-quarter from $16.0 million in Q1 2026.
Analysis
BlackRock TCP Capital (TCPC) Non Operating Interest Expenses (2023 - 2026) Analysis & Trends
BlackRock TCP Capital (TCPC) has reported Non Operating Interest Expenses for 4 consecutive years, with $15.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non Operating Interest Expenses fell 12.24% year-over-year to $15.0 million; the trailing twelve-month figure through Jun 2026 stood at $63.0 million (down 14.2% YoY), and the FY2025 full-year result was $66.1 million, down 8.42% from the prior year.
- Non Operating Interest Expenses declined to $15.0 million in Q2 2026 per TCPC's latest filing, from $16.0 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $21.2 million in Q3 2024 and bottomed at $11.8 million in Q4 2023.
- Historically, Non Operating Interest Expenses has averaged $16.1 million across 4 years, with a median of $16.4 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Non Operating Interest Expenses jumped 74.39% in 2024, then declined 20.53% in 2025.
- Over 4 years, Non Operating Interest Expenses stood at $11.8 million in 2023, then jumped by 52.43% to $18.0 million in 2024, then decreased by 16.32% to $15.1 million in 2025, then fell by 0.7% to $15.0 million in 2026.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $15.0 million, $16.0 million, and $15.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.73 Bn | - | 214.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.69 Bn | 5.42 Bn | - | 101.07 Mn |
| 3 | Blue Owl Capital | 5.52 Bn | 5.28 Bn | - | - |
| 4 | Main Street Capital | 5.26 Bn | 5.20 Bn | - | - |
| 5 | Blue Owl Technology Finance | 5.05 Bn | 4.84 Bn | - | 108.79 Mn |
| 6 | Hercules Capital | 4.64 Bn | 4.59 Bn | - | 28.13 Mn |
| 7 | FS KKR Capital | 3.37 Bn | 3.27 Bn | - | 39.60 Mn |
| 8 | Golub Capital Bdc | 3.34 Bn | 3.30 Bn | - | - |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -129.09 Mn | - | 25.03 Mn |
| 10 | BlackRock TCP Capital | 338.60 Mn | 181.05 Mn | - | 15.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.00 Mn |
| Mar 31, 2026 | 16.05 Mn |
| Dec 31, 2025 | 15.10 Mn |
| Sep 30, 2025 | 16.82 Mn |
| Jun 30, 2025 | 17.09 Mn |
| Mar 31, 2025 | 17.08 Mn |
| Dec 31, 2024 | 18.05 Mn |
| Sep 30, 2024 | 21.16 Mn |
| Jun 30, 2024 | 19.73 Mn |
| Mar 31, 2024 | 13.23 Mn |
| Dec 31, 2023 | 11.84 Mn |
| Sep 30, 2023 | 12.13 Mn |