The earnings call presented a mixed picture with both positive and negative aspects. While there were notable achievements such as an increase in NAV, expansion of the share repurchase program, and positive market conditions, there were also challenges like a decrease in net investment income and slight increase in nonaccruals.

Company Guidance

During the second quarter of 2025, CION Investment Corporation reported a quarterly net investment income of $0.32 per share, affected by the restructuring of Anthem Entertainment and hospital loan exits. Excluding these impacts, the income would have surpassed their base dividend of $0.36 per share, which they are maintaining. The net asset value (NAV) increased by 1.5% to $14.50, up from $14.28, driven by fair value increases in equity positions, notably in Longview Power, which saw improved valuation due to strong financial performance. Nonaccruals remained low at 1.37%, with investments risk-rated 4 or 5 representing less than 2% of the portfolio's fair value. CION also repurchased approximately 699,000 shares at an average price of $9.37, with the board authorizing a $20 million upsize to the share repurchase program. Total investment income decreased by 7% to $52.2 million, while operating expenses decreased to $35.3 million. The portfolio's fair value was $1.8 billion, with a weighted average yield of 12.4% at amortized cost. The company declared a third-quarter base distribution of $0.36 per share, maintaining the previous quarter's level.

Increase in Net Asset Value

Net asset value increased by 1.5% quarter-over-quarter to $14.50, driven by fair value increases in equity positions and share repurchases.

Share Repurchase Program Expansion

The Board authorized a $20 million upsize to the share repurchase program, indicating strong alignment with shareholders.

Strong Portfolio Credit Performance

Nonaccruals remain low at 1.37% of the portfolio at fair value, with 98% of the portfolio risk rated 3 or better.

Positive Market Conditions

Improved economic indicators and reduced tariff concerns boosted overall sentiment and equity markets.

Expected Accretive Recapitalization

A recapitalization of a larger portfolio company is expected to close in Q3, anticipated to be highly accretive to both earnings and NAV.

CION Investment Corp (CION) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CION Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	0.33 / -	-0.01	―	―	―
Aug 07, 2025	2025 (Q2)	0.33 / 0.32	0.42	-23.81% (-0.10)
May 08, 2025	2025 (Q1)	0.34 / -0.80	0.12	-766.67% (-0.92)	―
Mar 13, 2025	2024 (Q4)	0.35 / 0.10	0.4	-75.00% (-0.30)
Nov 07, 2024	2024 (Q3)	0.38 / -0.01	0.55	-101.82% (-0.56)	―
Aug 08, 2024	2024 (Q2)	0.39 / 0.42	0.43	-2.33% (-0.01)
May 09, 2024	2024 (Q1)	0.41 / 0.12	0.54	-77.78% (-0.42)	―
Mar 14, 2024	2023 (Q4)	0.41 / 0.40	0.43	-6.98% (-0.03)	―
Nov 09, 2023	2023 (Q3)	0.39 / 0.55	0.45	22.22% (+0.10)	―
Aug 09, 2023	2023 (Q2)	0.38 / 0.43	0.34	26.47% (+0.09)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CION Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$9.87	$10.33	+4.66%
May 08, 2025	$9.38	$9.02	-3.84%
Mar 13, 2025	$11.21	$10.72	-4.37%
Nov 07, 2024	$10.66	$10.28	-3.56%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does CION Investment Corp (CION) report earnings?

CION Investment Corp (CION) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).

What is CION Investment Corp (CION) earnings time?

CION Investment Corp (CION) earnings time is at Nov 06, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CION EPS forecast?

CION EPS forecast for the fiscal quarter 2025 (Q3) is 0.33.

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