WhiteHorse Finance (WHF) Net Investment Income (2012 - 2026)
WhiteHorse Finance's Net Investment Income came in at $4.44 million for Q3 2026, down 27.2% from $6.1 million a year earlier and down 5.2% from the prior quarter.
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Analysis
WhiteHorse Finance (WHF) Net Investment Income (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, WhiteHorse Finance reported Net Investment Income of $21.33 million, down 22.4% year-over-year; for FY2025, it was $26.11 million, down 29.9% from FY2024.
- Net Investment Income carries a five-year compound annual growth rate of 1.6% (FY2020 to FY2025).
- Going back by year, Net Investment Income was $37.24 million in FY2024 (-12.8%), $42.71 million in FY2023 (+14.6%), $37.26 million in FY2022 (+29.4%) and $28.79 million in FY2021 (+19.2%).
- The Q3 2026 figure represents the lowest quarterly Net Investment Income since Q3 2018.
- Year-over-year, Net Investment Income has declined for ten consecutive quarters, with an average decline of 26.9% over the last eight quarters.
- The fastest year-over-year change in Net Investment Income over five years came in Q4 2022 (growth of 48.5%), and the weakest in Q1 2025 (a decline of 36.7%).
- Business Quant data shows WHF's Net Investment Income at $4.68 million (Q2 2026), $5.6 million (Q1 2026) and $6.6 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NII (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 | 1.86 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 | - | 328.00 Mn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | WhiteHorse Finance | 177.40 Mn | 143.00 Mn | - | 4.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.44 Mn |
| Jun 30, 2026 | 4.68 Mn |
| Mar 31, 2026 | 5.60 Mn |
| Dec 31, 2025 | 6.60 Mn |
| Sep 30, 2025 | 6.10 Mn |
| Jun 30, 2025 | 6.56 Mn |
| Mar 31, 2025 | 6.84 Mn |
| Dec 31, 2024 | 7.98 Mn |
| Sep 30, 2024 | 9.15 Mn |
| Jun 30, 2024 | 9.29 Mn |
| Mar 31, 2024 | 10.82 Mn |
| Dec 31, 2023 | 10.60 Mn |
| Sep 30, 2023 | 10.81 Mn |
| Jun 30, 2023 | 10.59 Mn |
| Mar 31, 2023 | 10.70 Mn |
| Dec 31, 2022 | 11.07 Mn |
| Sep 30, 2022 | 9.77 Mn |
| Jun 30, 2022 | 7.88 Mn |
| Mar 31, 2022 | 8.54 Mn |
| Dec 31, 2021 | 7.46 Mn |
API Access
WhiteHorse Finance Net Investment Income 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-investment-income&ticker=WHF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-investment-income", "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-investment-income&ticker=WHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();