The earnings call reflects a generally positive outlook with strong portfolio performance, increased net investment income, and higher dividends. However, it also notes a significant net realized loss and increased expenses. Overall, the company's strategic position and deal flow improvements suggest a positive trajectory despite some current challenges.

Company Guidance

During Fidus Investment Corporation's second quarter 2025 earnings call, the company provided guidance on its financial performance and strategic outlook. Adjusted net investment income (NII) increased to $20 million, up from $18.4 million in Q2 2024, with a per-share adjusted NII stable at $0.57. The company declared a total dividend of $0.57 per share for Q3 2025, comprising a base dividend of $0.43 and a supplemental dividend of $0.14. Net asset value rose to $692.3 million, or $19.57 per share, up from $677.9 million or $19.39 per share at the end of March 2025. The debt portfolio, valued at $1 billion, primarily consisted of first lien investments, while the equity portfolio was valued at $138.8 million. The company reported a net realized loss of $7.6 million, driven by a $14.4 million loss from Quantum IR Technologies, despite a $6.8 million gain from Micronics Filtration. Liquidity stood at approximately $252.7 million, and the weighted average interest rate on outstanding debt was 4.8%. The company highlighted its strong credit quality, strategic focus on high-quality investments, and resilience in a competitive market, with expectations for improved M&A activity in the latter half of 2025.

Increased Net Investment Income

Adjusted net investment income (NII) for the quarter was $20 million, up from $18.4 million in Q2 2024, reflecting a $1.6 million increase. On a per share basis, adjusted NII was $0.57, consistent with the prior year despite an increase in shares.

Higher Dividends

Total dividends paid for the second quarter were $0.54 per share, with a base dividend of $0.43 and a supplemental dividend of $0.11. The third quarter's total dividend is $0.57 per share, with an increase in the supplemental dividend to $0.14 per share.

Asset Value Growth

Net asset value grew slightly to $692.3 million from $677.9 million at the end of Q1 2025. On a per share basis, net asset value increased to $19.57 from $19.39.

Strong Portfolio Performance

The debt portfolio continues to perform well, with a total of $1 billion on a fair value basis, 81% of which is first lien investments. The portfolio is well-diversified with nonaccruals under 1% on a fair value basis.

Increased Deal Flow

Despite a drop in deal flow in Q2, activity picked up in Q3, with an expectation of continued improvement into Q4, indicating an optimistic outlook for the latter half of 2025.

Fidus Investment (FDUS) 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 >

FDUS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.50 / -	0.61	―	―	―
Aug 07, 2025	2025 (Q2)	0.52 / 0.57	0.53	7.55% (+0.04)
May 08, 2025	2025 (Q1)	0.54 / 0.54	0.59	-8.47% (-0.05)
Mar 06, 2025	2024 (Q4)	0.52 / 0.54	0.65	-16.92% (-0.11)
Oct 31, 2024	2024 (Q3)	0.57 / 0.61	0.68	-10.29% (-0.07)
Aug 02, 2024	2024 (Q2)	0.57 / 0.53	0.62	-14.52% (-0.09)
May 02, 2024	2024 (Q1)	0.60 / 0.59	0.6	-1.67% (-0.01)
Feb 29, 2024	2023 (Q4)	0.59 / 0.65	0.51	27.45% (+0.14)
Nov 02, 2023	2023 (Q3)	0.62 / 0.68	0.51	33.33% (+0.17)
Aug 03, 2023	2023 (Q2)	0.59 / 0.62	0.43	44.19% (+0.19)	―

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

FDUS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$20.53	$21.37	+4.09%
May 08, 2025	$18.57	$19.14	+3.07%
Mar 06, 2025	$20.69	$20.96	+1.30%
Oct 31, 2024	$17.96	$17.92	-0.22%

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 Fidus Investment Corporation (FDUS) report earnings?

Fidus Investment Corporation (FDUS) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Fidus Investment Corporation (FDUS) earnings time?

Fidus Investment Corporation (FDUS) earnings time is at Oct 30, 2025, After Close (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 FDUS EPS forecast?

FDUS EPS forecast for the fiscal quarter 2025 (Q3) is 0.5.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing