BlackRock TCP Capital (TCPC) Operating Income (2021 - 2026)
BlackRock TCP Capital (TCPC) posted Operating Income of $18.5 million for Q1 2026, down 18.76% on a QoQ basis from $22.7 million in Q4 2025, and down 42.62% year-over-year from $32.2 million in Q1 2025.
BlackRock TCP Capital (TCPC) Operating Income (2021 - 2026) Analysis & Trends
BlackRock TCP Capital's Operating Income history runs 6 years deep, the most recent figure standing at $18.5 million for Q1 2026.
- Quarterly Operating Income fell 42.62% year-over-year to $18.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $96.1 million (down 29.46% YoY) and the FY2025 annual result came in at $109.8 million, down 16.98% from the prior year.
- Operating Income was $18.5 million for Q1 2026 at BlackRock TCP Capital, down from $22.7 million in the prior quarter.
- Across five years, Operating Income topped out at $35.8 million in Q2 2024 and bottomed at $18.5 million in Q1 2026.
- A 5-year average of $26.8 million and a median of $27.3 million in 2025 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2024 — Operating Income jumped 34.79% — and 2026, when it slumped 42.62%.
- BlackRock TCP Capital's Operating Income stood at $23.0 million in 2022, then rose by 10.58% to $25.5 million in 2023, then soared by 34.79% to $34.3 million in 2024, then tumbled by 33.72% to $22.7 million in 2025, then dropped by 18.76% to $18.5 million in 2026.
- Business Quant data shows TCPC's Operating Income at $18.5 million in Q1 2026, $22.7 million in Q4 2025, and $27.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 32.70 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 2.81 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 54.00 Mn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 901.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 680.50 Mn |
| 10 | BlackRock TCP Capital | 263.97 Mn | 170.71 Mn | - | 18.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.48 Mn |
| Dec 31, 2025 | 22.74 Mn |
| Sep 30, 2025 | 27.28 Mn |
| Jun 30, 2025 | 27.59 Mn |
| Mar 31, 2025 | 32.20 Mn |
| Dec 31, 2024 | 34.32 Mn |
| Sep 30, 2024 | 33.88 Mn |
| Jun 30, 2024 | 35.83 Mn |
| Mar 31, 2024 | 28.26 Mn |
| Dec 31, 2023 | 25.46 Mn |
| Sep 30, 2023 | 28.32 Mn |
| Jun 30, 2023 | 27.60 Mn |
| Mar 31, 2023 | 25.41 Mn |
| Dec 31, 2022 | 23.02 Mn |
| Sep 30, 2022 | 24.39 Mn |
| Jun 30, 2022 | 21.27 Mn |
| Mar 31, 2022 | 19.75 Mn |
| Dec 31, 2021 | 17.64 Mn |
| Sep 30, 2021 | 18.69 Mn |