NASDAQ$WHF

Whitehorse Finance Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

WhiteHorse Finance reported Q3 2025, revenue of $17.7M, net income of $6.1M.

For Q3 2025, WhiteHorse Finance reported revenue of $17.7M, net income of $6.1M. Management discussed operating trends, liquidity, and priorities as disclosed in the quarterly filing.

  • Revenue $17.7M.
  • Net income $6.1M.
  • WhiteHorse Finance updated strategic and capital priorities in the filing.

Headline financials

Total Revenue

-$974K

Previous: -$1.27M+23.1%
EPS (adj)

$0.26

Previous: -$0.30+187.7%
NAV per Share

$11.41

No prior period
Portfolio Yield

11.6%

No prior period
Net Income

-$556K

Previous: -$6.86M+91.9%
Operating Income

$6.1M

Previous: -$7.74M+178.8%

Revenue & EPS history

Whitehorse Finance · Revenue · Quarterly

-$974K

Q3 2025-23.1%vs Q3 2024
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Forward guidance

The filing discusses WhiteHorse Finance's outlook, capital deployment, and key risks without relying solely on numeric EPS guidance.

Tailwinds

  • WhiteHorse Finance cited execution on strategic priorities in the filing.
  • Balance sheet and liquidity support continued operations.

Headwinds

  • Macro, competitive, and cost pressures may affect margins.
  • Segment mix and one-time items can affect comparability.

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 Q3 2025

Historical avgQ3 2025

-0.4%

Avg return

Earnings day

-0.1%

Avg return

5 days after

-0.0%

Avg return

30 days after

47%

9 / 19 earnings

Positive

+6.0%

Q4 2025

Best reaction

-6.2%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.5%-4.6%-12.2%
Q4 2025+6.0%+17.8%+12.9%
Q3 2025-5.2%-1.0%+7.5%
Q1 2025+0.8%-1.1%-0.4%
Q4 2024-4.5%-5.5%-14.4%
Q3 2024-5.4%-9.5%-9.7%
Q2 2024-2.4%-2.6%+1.9%
Q1 2024+1.3%+0.4%+2.0%
Q4 2023-0.2%+0.5%-0.2%
Q3 2023-1.1%-0.2%+1.6%
Q2 2023-6.2%-5.8%-4.4%
Q1 2023+5.2%+5.5%+15.3%
Q4 2022+2.3%+0.4%-5.2%
Q3 2022+1.6%+4.9%+7.3%
Q2 2022+1.1%+6.0%-2.3%
Q1 2022-2.1%-6.0%-3.9%
Q4 2021-1.8%-3.6%-1.0%
Q3 2021+0.7%-0.1%+0.7%
Q4 2020+2.3%+2.2%+3.8%

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