Non-Controlled/Non-Affiliated Investments was Goldman Sachs BDC’s largest revenue line in fiscal 2025, bringing in $322.66M of $327.55M (99%).
| Investment, Issuer Affiliation | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Non-Controlled/Non-Affiliated Investments | — | — | $322.66M |
| Non-Controlled Affiliated Investments | $2.29M | $3.91M | $4.88M |
| Total | $2.29M | $3.91M | $327.55M |
Goldman Sachs BDC brought in $327.55M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. Goldman Sachs BDC regrouped these revenue lines after fiscal 2024, so the total does not compare directly with that year's $3.91M. Non-Controlled/Non-Affiliated Investments was the largest at $322.66M (98.5%), ahead of Non-Controlled Affiliated Investments at $4.88M (1.5%).
Goldman Sachs BDC began breaking out Non-Controlled/Non-Affiliated Investments in fiscal 2025, when it brought in $322.66M.
Goldman Sachs BDC (GSBD) reports its revenue by investment, issuer affiliation. In fiscal 2025, Non-Controlled/Non-Affiliated Investments was its largest revenue line, bringing in $322.66M (98.5% of the total), followed by Non-Controlled Affiliated Investments at $4.88M (1.5%).
Non-Controlled/Non-Affiliated Investments was Goldman Sachs BDC's largest revenue line in fiscal 2025, bringing in $322.66M, or 98.5% of the $327.55M total across its two revenue lines.
Every figure comes from Goldman Sachs BDC's annual financial filings, as reported. Each line keeps the name Goldman Sachs BDC gives it, and years follow its fiscal calendar.
Goldman Sachs BDC's revenue by investment, issuer affiliation goes back to fiscal 2023, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.