NYSE$GSBD

Goldman Sachs BDC Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Goldman Sachs BDC reported Q1 2025 revenue of $58.0M, net income of $32.0M, diluted EPS of $0.40.

For Q1 2025, Goldman Sachs BDC reported Revenue was $58.0M, net income was $32.0M, diluted EPS was $0.40. Management discusses operating trends, liquidity, and outlook in the quarterly filing.

  • Revenue $58.0M for Q1 2025.
  • Net income $32.0M.
  • Diluted EPS $0.40.

Headline financials

Total Revenue

-$2.11M

Previous: -$1.79M-18.1%
EPS (adj)

$0.40

Previous: $0.39+2.6%
Non-Accrual Rate (FV)

1.9%

No prior period
Total Investments at FV

$3.38B

No prior period
Total Debt Outstanding

$1.87B

No prior period
NAV per Share

$13.20

No prior period
Senior Secured Debt %

97.0%

No prior period
Weighted Avg Shares

117.3M

No prior period
Base Dividend per Share

$0.32

No prior period
Floating Rate Debt %

100.0%

No prior period
Avg Yield (Cost)

10.8%

No prior period
Avg Yield (FV)

11.8%

No prior period
Portfolio Leverage

5.8

No prior period
Interest Coverage

1.9

No prior period
Median EBITDA

$67.6M

No prior period
Net Income

$31.6M

Previous: $42.5M-25.7%
Operating Income

$50.9M

Previous: -$51.4M+199.1%

Revenue & EPS history

Goldman Sachs BDC · Revenue · Quarterly

-$2.11M

Q1 2025+18.1%vs Q1 2024
Beat estimate in 1 of 14 quarters(7%)
ActualEstimate

Forward guidance

BDC outlook focuses on net investment income, portfolio quality, and dividend coverage.

Tailwinds

  • Floating-rate loan portfolios benefit from elevated rates.
  • Origination capacity in private credit.

Headwinds

  • Credit marks and borrower stress.
  • Spread compression if rates fall.

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 Q1 2025

Historical avgQ1 2025

-0.2%

Avg return

Earnings day

-0.1%

Avg return

5 days after

-1.2%

Avg return

30 days after

50%

22 / 44 earnings

Positive

+4.0%

Q2 2015

Best reaction

-4.3%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.2%-11.3%-12.7%
Q4 2025-1.4%+1.7%-2.0%
Q3 2025+1.8%+0.8%+3.5%
Q1 2025+2.3%+5.5%+8.3%
Q4 2024+1.6%-3.0%-5.7%
Q3 2024-1.2%-3.3%-0.9%
Q2 2024-4.1%-4.7%-3.1%
Q1 2024-0.5%+1.4%-2.7%
Q4 2023-3.5%-1.7%-3.8%
Q3 2023-0.3%+1.2%+2.4%
Q2 2023+4.0%+3.2%+3.3%
Q1 2023-4.2%-3.6%-1.9%
Q4 2022+2.1%+2.7%-11.9%
Q3 2022+2.1%+2.2%-0.2%
Q2 2022+0.5%+1.3%-3.9%
Q1 2022-1.3%-3.6%-5.1%
Q4 2021-2.2%-3.8%-0.3%
Q3 2021+0.2%+1.4%+0.8%
Q2 2021+1.7%+1.0%+0.1%
Q1 2021+0.3%+0.3%+2.3%
Q4 2020+0.5%+6.8%+10.6%
Q3 2020+0.9%+6.6%+22.5%
Q2 2020-0.9%-1.7%-4.0%
Q1 2020-4.2%-1.5%+9.7%
Q4 2019-4.3%-8.7%-53.3%
Q3 2019-1.7%-1.3%+1.2%
Q2 2019-1.0%-2.0%-1.2%
Q1 2019+0.0%-2.4%-5.2%
Q4 2018-1.0%-3.5%-1.8%
Q3 2018+3.1%+7.4%+1.6%
Q2 2018+4.0%+5.4%+4.4%
Q1 2018+0.9%+8.3%+7.8%
Q4 2017-2.6%-3.2%-6.8%
Q3 2017+1.2%-0.2%+0.0%
Q2 2017-0.0%+1.2%-3.7%
Q1 2017-3.1%-4.8%-10.4%
Q4 2016+0.0%+0.1%-0.2%
Q3 2016-3.8%+1.7%+7.2%
Q2 2016-0.3%+2.0%+8.0%
Q1 2016+0.2%
Q4 2015+0.1%
Q3 2015+0.6%
Q2 2015+4.0%
Q1 2015+3.6%
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013

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