WhiteHorse Finance (WHF) Net Increase in Net Assets from Operations (CF) (2012 - 2026)
WhiteHorse Finance (WHF) posted Net Income of $6.51 million for Q3 2026, compared with -$556,000 a year earlier and down 37.4% from the prior quarter.
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Analysis
WhiteHorse Finance (WHF) Net Increase in Net Assets from Operations (CF) (2012 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Income at WhiteHorse Finance was $24.61 million, up 149.6% year-over-year; for FY2025, it came in at $14.34 million, up 32.1% from FY2024.
- Annual Net Income shows a five-year compound annual growth rate of -14.7% (FY2020 to FY2025).
- In prior years, WhiteHorse Finance's Net Income was $10.85 million in FY2024 (-46.8%), $20.41 million in FY2023 (+30.2%), $15.68 million in FY2022 (-47.9%) and $30.09 million in FY2021 (-5.0%).
- Quarterly Net Income has run from a low of -$6.86 million in Q3 2024 to a high of $10.41 million in Q2 2026 over five years.
- On a year-over-year basis, Net Income increased in three of the last five quarters, with growth averaging 78.3%.
- The strongest year-over-year quarter for Net Income in the past five years was Q2 2026, with growth of 362.6%; the weakest was Q2 2025, with a decline of 71.3%.
- According to Business Quant data, Net Income for the three prior quarters was $10.41 million (Q2 2026), -$687,000 (Q1 2026) and $8.38 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | WhiteHorse Finance | 177.40 Mn | 143.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.51 Mn |
| Jun 30, 2026 | 10.41 Mn |
| Mar 31, 2026 | -687,000.00 |
| Dec 31, 2025 | 8.38 Mn |
| Sep 30, 2025 | -556,000.00 |
| Jun 30, 2025 | 2.25 Mn |
| Mar 31, 2025 | 4.26 Mn |
| Dec 31, 2024 | 3.90 Mn |
| Sep 30, 2024 | -6.86 Mn |
| Jun 30, 2024 | 7.84 Mn |
| Mar 31, 2024 | 5.97 Mn |
| Dec 31, 2023 | 3.43 Mn |
| Sep 30, 2023 | 5.60 Mn |
| Jun 30, 2023 | 3.88 Mn |
| Mar 31, 2023 | 7.51 Mn |
| Dec 31, 2022 | -1.22 Mn |
| Sep 30, 2022 | 3.85 Mn |
| Jun 30, 2022 | 7.35 Mn |
| Mar 31, 2022 | 5.71 Mn |
| Dec 31, 2021 | 3.14 Mn |
API Access
WhiteHorse Finance Net Increase in Net Assets from Operations (CF) 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=net-increase-in-net-assets-from-operations-cf&ticker=WHF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-increase-in-net-assets-from-operations-cf", "ticker": "WHF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-increase-in-net-assets-from-operations-cf&ticker=WHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();