NASDAQ$RWAY

Runway Growth Finance Corp · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Runway Growth Finance reported Q3 2025 net investment income of $0.35 per share with NAV of $12.48 per share.

Net investment income was $0.35 per share for the quarter ended September 30, 2025. NAV was $12.48 per share. The lender to growth-stage companies cited portfolio performance, fee income, and disciplined underwriting in venture lending.

  • Q3 NII $0.35 per share; NAV $12.48.
  • Venture lending portfolio performance and fees support returns.
  • Credit marks and prepayments affect quarterly NII.
  • Distributions aligned with recurring investment income.

Headline financials

Total Revenue

$36.8M

Previous: $16M+129.3%
EPS (adj)

$0.35

Previous: $0.65-46.2%
Free Cash Flow

$8.02M

Previous: $25M-68.0%
Net Income

$8.02M

Previous: $25M-68.0%
Operating Income

-$3.56M

Previous: -$5.1M+30.3%
Gross Profit

$17.8M

Previous: $16M+11.2%

Revenue & EPS history

Runway Growth · Revenue · Quarterly

$36.8M

Q3 2025+129.3%vs Q3 2024
Beat estimate in 2 of 14 quarters(14%)
ActualEstimate

Forward guidance

The release discusses Runway Growth Finance's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • Dividend and NAV stability remain focal points for BDC investors.
  • Runway Growth Finance cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.
  • Credit marks and base rates affect net investment income.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-0.7%

Avg return

Earnings day

-2.3%

Avg return

5 days after

-3.3%

Avg return

30 days after

42%

8 / 19 earnings

Positive

+7.4%

Q4 2022

Best reaction

-13.4%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%-2.2%-9.5%
Q4 2025-7.4%-1.7%-8.0%
Q3 2025+1.6%+2.8%-5.7%
Q1 2025+6.3%+7.3%+8.3%
Q4 2024-1.0%-0.3%-14.1%
Q3 2024-0.3%-1.0%+4.3%
Q2 2024-6.5%-8.4%-7.1%
Q1 2024-6.7%-12.3%-8.2%
Q4 2023-13.4%-11.4%-7.7%
Q3 2023+2.6%+0.9%-1.3%
Q2 2023+3.8%+5.9%+2.8%
Q1 2023-1.4%-5.4%+11.7%
Q4 2020+7.4%+2.1%-5.9%
Q4 2022+7.4%+2.1%-5.9%
Q3 2022-1.5%-2.5%-5.9%
Q2 2022+4.1%+2.3%-8.4%
Q1 2022-1.3%-9.7%-7.9%
Q4 2021-1.0%-8.5%+3.0%
Q3 2021-5.8%-4.2%+3.7%
Q2 2021
Q1 2021
Q3 2020
Q2 2020
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q3 2016
Q2 2016

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