NASDAQ$CSWC

Capital Southwest Corporation · Q4 2026 earnings

Q4 2026 earnings · · After market close · Investor relations

Briefing

Capital Southwest reported fiscal Q4 2026 investment income of $57.8M with pre-tax NII of $35.2M ($0.59/share) and FY26 diluted ops EPS of $1.90.

For the fourth quarter ended March 31, 2026, Capital Southwest posted total investment income of $57.8 million and pre-tax net investment income of $35.2 million, or $0.59 per share. For fiscal 2026, investment income was $232.1 million (+13.5% YoY) and pre-tax NII was $136.6 million with diluted operating EPS of $1.90. The portfolio grew to $2.1 billion; NAV was $16.69 per share. The board declared a $0.58 regular quarterly dividend plus a $0.06 supplemental dividend for June 2026.

  • Q4 investment income $57.8M; pre-tax NII $35.2M ($0.59/share).
  • Fiscal 2026 pre-tax NII was $136.6M; diluted ops EPS $1.90.
  • Portfolio reached $2.1B with 99% first-lien senior secured debt.
  • Q4 originations $157.7M; non-accruals 1.1% of portfolio at fair value.
  • Regular dividend $0.58/share plus $0.06 supplemental declared for June.

Headline financials

Total Revenue

$57.8M

Previous: $52.4M+10.3%
EPS (adj)

$0.59

Previous: $0.56+5.4%
NAV per share

$16.69

No prior period
Investment portfolio

$2.1B

No prior period
Net Income

$27.5M

Previous: $28.5M-3.5%
Operating Income

$35.2M

Previous: $28.5M+23.5%

Revenue & EPS history

Capital Southwest · Revenue · Quarterly

$57.8M

Q4 2026+10.3%vs Q4 2025
Beat estimate in 4 of 14 quarters(29%)
ActualEstimate

Revenue by segment

Capital Southwest · $18.3M total across 2 segments · Q1 2023

  • Non-control/Non-affiliate Investments
    $15.7M
  • Affiliate Investments
    $2.51M

Forward guidance

Capital Southwest does not provide EPS guidance but declared a $0.58 regular quarterly dividend (paid $0.1934/month April–June 2026) and a $0.06 supplemental dividend payable June 2026, supported by estimated undistributed taxable income of $1.07 per share.

Tailwinds

  • Strong originations and 13.5% fiscal-year investment income growth.
  • CapTrin joint venture closed a $150M revolver post quarter-end.

Headwinds

  • Q4 investment income declined sequentially on lower arranger fees and yields.
  • Net realized/unrealized depreciation of $7.1M pressured NAV.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2026

Historical avgQ4 2026

+0.7%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+1.6%

Avg return

30 days after

62%

26 / 42 earnings

Positive

+9.7%

Q2 2021

Best reaction

-13.0%

Q1 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+2.4%-1.5%+0.3%
Q3 2026+0.5%+0.2%-3.0%
Q2 2026-2.3%+1.7%+7.0%
Q4 2025-0.2%+2.5%-1.4%
Q3 2025+2.2%+3.1%+0.8%
Q2 2025-4.5%-6.4%-8.9%
Q1 2025-0.7%-2.5%+2.5%
Q4 2024-1.3%-2.0%-2.3%
Q3 2024+2.7%-2.0%-4.8%
Q2 2024+4.0%+3.8%+7.2%
Q1 2024+4.3%+2.0%+1.3%
Q4 2023+1.1%+1.6%+6.1%
Q3 2023+3.6%+2.6%-2.4%
Q2 2023+3.5%+3.5%-2.7%
Q1 2023+0.6%+1.4%-2.4%
Q4 2022+3.2%+5.5%-15.0%
Q3 2022+7.6%+6.3%+0.5%
Q2 2022-8.1%-2.6%-6.0%
Q1 2022+6.9%+5.9%+8.9%
Q4 2021+3.0%+5.2%-2.5%
Q3 2021+3.5%+8.5%+22.0%
Q2 2021+9.7%+17.9%+33.8%
Q1 2021+5.7%+9.5%+10.3%
Q4 2020+3.6%+9.2%-3.1%
Q3 2020-1.1%-2.0%-9.8%
Q2 2020-4.2%-5.0%-0.3%
Q1 2020+0.5%+4.0%+1.7%
Q4 2019-0.2%+0.4%-3.1%
Q3 2019+1.6%+0.5%+0.9%
Q1 2019+0.3%+1.8%+5.4%
Q4 2018+0.0%+10.9%+8.1%
Q3 2018+0.1%+0.7%+7.5%
Q1 2017+0.9%-0.3%+0.2%
Q4 2017+1.7%+2.3%+1.4%
Q3 2016-0.7%-2.5%-1.1%
Q3 2013
Q2 2013+2.9%
Q1 2013
Q4 2012+0.6%
Q3 2012-0.2%
Q2 2012-3.0%
Q1 2012-13.0%
Q4 2011-1.0%
Q4 2010-5.5%

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