NASDAQ$SLRC

SLR Investment Corp · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

SLR Investment reported Q4 2025 net investment income of $0.40 per share.

Q4 NII $21.6M ($0.40/share); NAV $18.26 (+modest QoQ/YoY). Dividend $0.41 declared. Portfolio shift to direct asset-based lending; 10.1% ROE in Q4.

  • Q4 NII $0.40/share.
  • NAV $18.26 per share.
  • Dividend $0.41.
  • ROE 10.1% in quarter.

Headline financials

Total Revenue

$54.5M

Previous: $55.6M-2.0%
EPS (adj)

$0.40

Previous: $0.41-2.4%
Net Debt-to-Equity

1.14

Previous: 1.03+10.7%
NAV per Share

$18.26

Previous: $18.20+0.3%
Investment Portfolio FV

$2.1B

No prior period
Comp. Portfolio FV

$3.3B

No prior period
Total Net Assets

$996M

No prior period
Floating Rate Investments

65.0%

No prior period
1st Lien Senior Loans

$3.13B

No prior period
2nd Lien ABL

$99.3M

No prior period
2nd Lien Cash Flow

$0.00

No prior period
Unfunded Commitments

$300M

No prior period
Net Income

$21.6M

Previous: $23.8M-9.2%
Operating Income

$21.6M

Previous: $22.6M-4.5%

Revenue & EPS history

SLR · Revenue · Quarterly

$54.5M

Q4 2025-2%vs Q4 2024
Beat estimate in 2 of 12 quarters(17%)
ActualEstimate

Forward guidance

BDC focuses on resilient NII/NAV amid private credit volatility; direct lending mix increasing.

Tailwinds

  • Stable NII and NAV.
  • Dividend coverage.
  • Portfolio credit resilience cited.

Headwinds

  • Private credit spread compression.
  • Non-accrual risk.
  • Rate sensitivity on floaters.

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 Q4 2025

Historical avgQ4 2025

+0.8%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+2.2%

Avg return

30 days after

56%

10 / 18 earnings

Positive

+5.2%

Q3 2024

Best reaction

-2.3%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+3.5%+0.6%-5.1%
Q1 2025-0.5%+3.9%+8.6%
Q4 2024-1.7%+0.5%-1.9%
Q3 2024+5.2%+6.5%+10.6%
Q2 2024+3.3%+2.0%+5.5%
Q1 2024+2.8%+3.1%+7.3%
Q4 2023+0.6%+1.7%+3.9%
Q3 2023+0.0%-0.4%+3.8%
Q2 2023+0.8%-0.7%-2.3%
Q1 2023-1.2%-2.2%+2.7%
Q4 2022+2.6%+4.8%+0.5%
Q3 2022-1.5%+1.6%+10.3%
Q2 2022+2.2%+3.4%+3.2%
Q1 2022+2.1%-0.6%-1.8%
Q4 2021-2.3%+1.7%+0.2%
Q3 2021-1.2%+1.2%-1.0%
Q2 2021-0.6%+0.8%-0.4%
Q4 2020+0.7%+1.6%-4.5%

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