NASDAQ$PSEC

Prospect Capital Corp · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Prospect Capital reported Q3 2025, net income of $83.5M, diluted EPS of $0.19.

For Q3 2025, Prospect Capital reported net income of $83.5M, diluted EPS was $0.19. Management discusses operating trends, capital, and sector risks in the quarterly filing.

  • Net income $83.5M.
  • Diluted EPS $0.19.
  • Prospect Capital highlights liquidity, execution, and sector-specific risks in MD&A.

Headline financials

Total Revenue

$171M

Previous: -$5.61M+3143.1%
EPS (adj)

$0.19

Previous: $0.20-5.0%
NII per share

$0.19

No prior period
NAV per share

$7.25

No prior period
Debt to total assets

28.7%

No prior period
Distributions per share

$0.14

No prior period
Unsecured debt + preferred equity

87.5%

No prior period
Non-accrual loans

0.6%

No prior period
Liquidity

$1.72B

No prior period
Capital Expenditures

$0.00

Previous: $0.00
Net Income

-$140M

Previous: $144M-196.9%
Operating Income

$83.5M

Previous: -$73.5M+213.7%

Revenue & EPS history

Prospect Capital · Revenue · Quarterly

$171M

Q3 2025-3,143.1%vs Q3 2024
Beat estimate in 3 of 12 quarters(25%)
ActualEstimate

Revenue by segment

Prospect Capital · $222M total across 3 segments · Q4 2023

  • Interest income
    $197M
  • Other income
    $22.7M
  • Dividend income
    $1.36M

Forward guidance

BDCs discuss net investment income, portfolio yield, and dividends rather than traditional revenue/EPS guidance.

Tailwinds

  • Net investment income supports distributions.
  • Portfolio diversification across middle-market names.
  • Fee income and repayments when markets permit.

Headwinds

  • Credit quality and recession risk in portfolio.
  • Spread compression and competition for deals.
  • Unrealized marks can swing GAAP net income.

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 Q3 2025

Historical avgQ3 2025

+0.4%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+0.5%

Avg return

30 days after

55%

23 / 42 earnings

Positive

+10.7%

Q1 2024

Best reaction

-16.3%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-9.9%-17.9%-18.6%
Q2 2026+10.3%+16.9%+1.5%
Q1 2026+0.4%+12.2%+5.1%
Q3 2025-1.9%+0.8%-10.2%
Q2 2025-1.0%+3.8%+0.7%
Q1 2025-16.3%-18.2%-13.4%
Q4 2024-1.8%+2.8%+4.3%
Q3 2024+3.6%+4.0%+6.3%
Q1 2024+10.7%+3.9%+7.9%
Q4 2023+1.0%+0.7%+0.8%
Q3 2023-1.7%-4.7%-0.9%
Q2 2023-0.7%+1.7%-9.7%
Q1 2023+0.8%+2.5%-2.2%
Q3 2022-1.2%-1.8%-0.8%
Q2 2022+2.0%-1.0%-4.3%
Q1 2022+6.9%+6.3%+2.2%
Q3 2021-2.0%-1.5%+12.6%
Q2 2021+4.9%+8.0%+11.2%
Q1 2021+4.2%+3.2%+9.3%
Q4 2020-0.8%-1.4%-2.3%
Q3 2020+5.9%+8.1%+36.0%
Q2 2020-0.5%-0.6%-27.6%
Q1 2020-0.6%+1.4%+1.7%
Q4 2019-5.4%-4.4%+0.5%
Q3 2019-0.6%-1.3%-4.0%
Q2 2019-4.6%-7.9%-5.6%
Q1 2019+2.7%+3.7%-0.7%
Q4 2018+2.8%+4.5%+2.6%
Q3 2018+1.6%+2.9%+6.8%
Q2 2018+3.3%+8.4%+4.6%
Q1 2018-4.9%+1.9%+14.4%
Q4 2017-3.8%-6.0%-6.5%
Q3 2017-6.8%-12.5%-13.0%
Q2 2017+3.5%+6.6%+4.6%
Q1 2017+0.8%+3.3%+8.5%
Q4 2016+2.0%+0.4%-3.2%
Q3 2016+1.8%
Q2 2016+2.5%
Q1 2015-1.9%
Q4 2015+7.1%
Q3 2015+2.0%
Q2 2014+0.1%

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