NASDAQ$AFCG

AFC Gamma Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Advanced Flower Capital reported Q4 2025, net income of $900K, diluted EPS of $0.04.

For Q4 2025, Advanced Flower Capital reported net income of $900K, diluted EPS was $0.04. Management discusses segment performance, capital allocation, and macro risks in the quarterly filing.

  • Net income $900K.
  • Diluted EPS $0.04.
  • Advanced Flower Capital MD&A covers liquidity, capital, and operating priorities.

Headline financials

Total Revenue

$6.64M

Previous: $9.22M-28.0%
EPS (adj)

$0.04

Previous: -$0.05+180.0%
Stock-Based Compensation

$5.32M

No prior period
Unrealized Gains/Losses

-$3.52M

No prior period
Provision for CECL

-$5.2M

No prior period
TRS Income Net

-$325K

No prior period
Basic Shares Outstanding

22.7M

No prior period
Net Interest Income

$5.19M

No prior period
Net Income

$900K

Previous: -$1M+190.0%
Operating Income

$1.2M

Previous: -$1.37M+187.4%

Revenue & EPS history

AFC Gamma · Revenue · Quarterly

$6.64M

Q4 2025-28%vs Q4 2024
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

BDC outlook emphasizes portfolio yield, originations, NAV, and distributions.

Tailwinds

  • Portfolio growth and yield on debt investments.
  • NAV and spillover income support distributions.
  • Balance sheet amendments improve flexibility.

Headwinds

  • Credit quality and venture market conditions.
  • Prepayment activity affects NII.
  • Rate environment impacts borrowing costs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.4%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+1.8%

Avg return

30 days after

55%

12 / 22 earnings

Positive

+11.8%

Q2 2024

Best reaction

-20.4%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+10.8%+17.3%+26.0%
Q4 2025+8.6%+16.3%+27.1%
Q3 2025+0.9%-6.8%+8.6%
Q1 2025-4.7%-10.7%-21.2%
Q4 2024-20.4%-23.7%-43.9%
Q3 2024-2.1%+2.1%+1.5%
Q2 2024+11.8%+11.8%+19.1%
Q1 2024-0.6%+0.2%-2.0%
Q4 2023+4.1%+8.8%+5.2%
Q3 2023-0.4%-4.6%+11.7%
Q2 2023-3.1%-3.4%-3.5%
Q1 2023-4.1%-2.8%+13.6%
Q4 2022-7.7%-15.6%-25.4%
Q3 2022-9.7%-6.9%-1.6%
Q2 2022+1.5%+2.1%-3.5%
Q1 2022+9.7%+17.8%+16.2%
Q4 2021+0.0%+0.4%-5.9%
Q3 2020+2.1%+3.5%-5.1%
Q3 2021+2.1%+3.5%-5.1%
Q2 2021+0.5%-0.4%+5.3%
Q4 2020+4.8%+4.2%+11.2%
Q1 2021+4.8%+4.2%+11.2%

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