NASDAQ$GBDC

Golub Capital BDC Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Golub Capital BDC reported Q2 2025, revenue of $213.9M, net income of $79M, diluted EPS of $0.30.

For Q2 2025, Golub Capital BDC reported revenue of $213.9M, net income of $79M, diluted EPS was $0.30. The filing highlights segment performance, liquidity, and management commentary on the period.

  • Revenue $213.9M.
  • Net income $79M.
  • Diluted EPS $0.30.

Headline financials

Total Revenue

$62.4M

Previous: $69.7M-10.5%
EPS (adj)

$0.30

Previous: $0.55-45.5%
NAV per Share

$15.04

Previous: $15.12-0.5%
Adj. Net Investment Income

$0.39

No prior period
Adj. Realized/Unrealized Gain/Loss

-$0.09

No prior period
Distributions Paid

$0.39

No prior period
Total Investments at Fair Value

$8.62B

No prior period
Total Liabilities

$4.91B

No prior period
Common Shares Outstanding

268.8M

No prior period
Net Income

$79M

Previous: $93.6M-15.6%
Operating Income

$98.7M

Previous: $53.5M+84.3%

Revenue & EPS history

Golub Capital BDC · Revenue · Quarterly

$62.4M

Q2 2025-10.5%vs Q2 2024
Beat estimate in 3 of 13 quarters(23%)
ActualEstimate

Revenue by segment

Golub Capital BDC · $5.52B total across 4 segments · Q4 2023

  • One Stop
    $4.68B+0.2%
  • Senior Secured
    $504M+6.6%
  • Equity
    $297M+7.1%
  • Junior Debt
    $37.1M+37.1%

Forward guidance

Management discusses operating priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Headline results and segment trends anchor the quarter.
  • Liquidity and balance-sheet capacity support operations.
  • Strategic initiatives outlined in MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items affect year-over-year comparability.
  • Execution risk on growth or restructuring plans.

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 Q2 2025

Historical avgQ2 2025

-0.1%

Avg return

Earnings day

+0.1%

Avg return

5 days after

-2.2%

Avg return

30 days after

42%

8 / 19 earnings

Positive

+2.9%

Q4 2022

Best reaction

-3.8%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-2.0%-3.8%-3.7%
Q1 2026+1.5%-1.3%-5.2%
Q4 2026-0.1%+2.1%-0.7%
Q2 2025+0.6%+2.3%+6.4%
Q1 2025-2.3%+0.1%-4.1%
Q4 2024-1.9%-1.4%-4.1%
Q3 2024-0.8%-2.2%+1.2%
Q2 2024-0.4%-0.9%-4.6%
Q1 2024-1.0%+0.5%+3.3%
Q4 2023+2.0%+1.9%+0.5%
Q3 2023+2.4%+5.2%+0.9%
Q2 2023-1.0%-1.7%+0.8%
Q1 2023-3.8%-2.1%-10.6%
Q4 2022+2.9%+6.0%-2.8%
Q3 2022-1.2%-0.1%-5.2%
Q2 2022-0.1%-4.5%-9.3%
Q1 2022+0.8%-0.6%-7.0%
Q4 2021+1.1%+2.4%+2.8%
Q4 2020+1.3%-0.6%-1.3%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro