BlackRock TCP Capital (TCPC) Operating Income (2021 - 2026)
BlackRock TCP Capital (TCPC) reported Operating Income of $18.5 million for Q1 2026, down 42.62% on a YoY basis from $32.2 million in Q1 2025, and down 16.24% quarter-over-quarter from $22.1 million in Q4 2025.
BlackRock TCP Capital (TCPC) Operating Income (2021 - 2026) Analysis & Trends
BlackRock TCP Capital has reported Operating Income for 6 years, with the latest figure at $18.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 42.62% year-over-year to $18.5 million; the trailing twelve-month figure through Mar 2026 stood at $95.4 million (down 29.69% YoY), and the FY2025 full-year result was $109.1 million, down 17.17% from the prior year.
- Operating Income for Q1 2026 stood at $18.5 million, down from $22.1 million in the prior quarter.
- The five-year high for Operating Income was $35.8 million in Q2 2024, with the low at $18.5 million in Q1 2026.
- Historically, Operating Income has averaged $26.7 million across 5 years, with a median of $27.3 million in 2025.
- Annual changes were most pronounced in 2024 — Operating Income surged 33.79% — and 2026, when it tumbled 42.62%.
- BlackRock TCP Capital's Operating Income stood at $23.0 million in 2022, then advanced by 9.72% to $25.3 million in 2023, then surged by 33.79% to $33.8 million in 2024, then plunged by 34.72% to $22.1 million in 2025, then decreased by 16.24% to $18.5 million in 2026.
- The last three Operating Income figures came in at $18.5 million (Q1 2026), $22.1 million (Q4 2025), and $27.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 2.81 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | - |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 1.99 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 79.00 Mn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | - |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 901.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | - |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | - |
| 10 | BlackRock TCP Capital | 287.16 Mn | 193.90 Mn | - | 18.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.48 Mn |
| Dec 31, 2025 | 22.06 Mn |
| Sep 30, 2025 | 27.28 Mn |
| Jun 30, 2025 | 27.59 Mn |
| Mar 31, 2025 | 32.20 Mn |
| Dec 31, 2024 | 33.79 Mn |
| Sep 30, 2024 | 33.88 Mn |
| Jun 30, 2024 | 35.83 Mn |
| Mar 31, 2024 | 28.26 Mn |
| Dec 31, 2023 | 25.26 Mn |
| Sep 30, 2023 | 28.32 Mn |
| Jun 30, 2023 | 27.60 Mn |
| Mar 31, 2023 | 25.37 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 |