NYSE$CION

CION Investment Corporation · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

CION Investment Corporation reported Q1 2026 with $49.5M revenue, net income of $12.9M, and diluted EPS of $0.25.

For the period ended 2026-03-31, CION Investment Corporation reported $49.5M revenue. Total investment income $49.5M; net investment income after tax $12.9M. NII per share $0.25 vs $0.36 prior year. BDC portfolio income and credit quality metrics in MD&A. BDC provides annual dividend/NII outlook; quarterly results driven by portfolio yields and non-accruals.

  • Total investment income $49.5M; net investment income after tax $12.9M.
  • NII per share $0.25 vs $0.36 prior year.
  • BDC portfolio income and credit quality metrics in MD&A.

Headline financials

Total Revenue

$13.2M

Previous: $21.5M-38.8%
EPS (adj)

$0.25

Previous: -$0.80+131.3%
Net Income

-$23M

Previous: -$42.7M+46.1%

Revenue & EPS history

CION · Revenue · Quarterly

$13.2M

Q1 2026-38.8%vs Q1 2025
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Forward guidance

BDC provides annual dividend/NII outlook; quarterly results driven by portfolio yields and non-accruals.

Tailwinds

  • Stable investment income stream.
  • Tax-advantaged BDC payout model.
  • Diversified middle-market portfolio.

Headwinds

  • NII per share down YoY.
  • Credit cycle and non-accrual risk.
  • Interest rate sensitivity on floating-rate assets.

Historical earnings impact

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

Avg. return before/after earnings

Based on 13 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.3%

Avg return

Earnings day

+0.0%

Avg return

5 days after

+2.1%

Avg return

30 days after

62%

8 / 13 earnings

Positive

+7.0%

Q3 2025

Best reaction

-9.8%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.3%-13.7%-15.1%
Q4 2025-9.8%+1.3%+14.2%
Q3 2025+7.0%+5.5%+9.0%
Q2 2025+0.6%+9.9%+4.5%
Q1 2025-0.9%-2.8%-7.4%
Q4 2024-4.3%-15.7%-5.2%
Q3 2024-3.6%-4.0%-3.4%
Q2 2024+0.3%+2.2%+0.3%
Q1 2024+0.3%+4.8%+3.2%
Q3 2023+0.2%+6.6%+6.9%
Q2 2023+3.0%+0.5%-4.1%
Q1 2023+1.5%-1.6%+9.3%
Q3 2022+3.4%+7.3%+14.8%

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