NASDAQ$BCIC
BCP Investment Corp · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
Bain Capital Specialty Finance reported Q1 2026 net investment income of $6.9M and a net decrease in net assets from operations of $10.2M.
Bain Capital Specialty Finance earned $6.9 million of net investment income in Q1 2026 versus $4.3 million a year ago, but net decrease in net assets resulting from operations was $10.2 million after $14.6 million of net unrealized depreciation on investments. The BDC focuses on middle-market direct lending.
- Net investment income $6.9M (+59% YoY).
- Net unrealized depreciation $(14.6)M on portfolio marks.
- Net decrease in net assets from operations $(10.2)M.
- Middle-market credit platform under Bain Capital.
- Dividend sustainability tied to NII and NAV.
Headline financials
Revenue & EPS history
Portman Ridge · Revenue · Quarterly
$17.5M
Forward guidance
BDC discusses portfolio yield, credit quality, and base-rate sensitivity rather than quarterly EPS.
Tailwinds
- Higher net investment income year over year.
- Direct lending franchise scale.
Headwinds
- Unrealized marks reduced net asset value.
- Private credit spreads compressing industry-wide.
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 Q1 2026
-1.1%
Avg return
Earnings day
-1.0%
Avg return
5 days after
-6.0%
Avg return
30 days after
43%
10 / 23 earnings
Positive
+7.4%
Q4 2020
Best reaction
-15.3%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.5% | +1.8% | -7.6% | |
| Q4 2025 | -13.1% | -21.5% | -33.1% | |
| Q3 2025 | +0.4% | +7.5% | +8.4% | |
| Q1 2025 | +1.0% | +2.1% | -3.8% | |
| Q4 2024 | -4.0% | -5.7% | -28.1% | |
| Q3 2024 | -3.5% | -3.1% | -10.5% | |
| Q2 2024 | -2.5% | -1.9% | -3.4% | |
| Q1 2024 | +1.6% | +1.7% | -0.1% | |
| Q4 2023 | -1.3% | +1.4% | +2.1% | |
| Q3 2023 | +0.0% | -0.1% | +0.3% | |
| Q2 2023 | -1.6% | +0.0% | -5.8% | |
| Q1 2023 | +2.3% | +4.9% | -1.2% | |
| Q4 2022 | -6.2% | -7.4% | -12.9% | |
| Q3 2022 | +2.7% | +4.0% | +3.2% | |
| Q2 2022 | +0.0% | +0.3% | -7.5% | |
| Q1 2022 | +0.0% | -0.4% | +0.0% | |
| Q4 2021 | +0.4% | +0.2% | -2.5% | |
| Q3 2021 | +4.6% | +5.7% | +1.4% | |
| Q2 2021 | +1.7% | +2.9% | +1.6% | |
| Q1 2021 | +3.4% | +3.0% | +5.6% | |
| Q4 2020 | +7.4% | +5.0% | +16.3% | |
| Q4 2019 | -15.3% | -21.4% | -60.9% | |
| Q4 2018 | -2.2% | -3.0% | +0.3% |
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