Fidus Investment (FDUS)
NASDAQ:FDUS
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.51Last Year’s EPS
0.57Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a broadly positive operational and income-story: meaningful growth in adjusted NII and NII per share, a higher dividend (including a supplemental payout), stable NAV, portfolio fair value above cost, a high proportion of first-lien investments, low non-accrual exposure, and conservative leverage and liquidity. Offsetting items included net realized losses on a specific credit exit, a one-time large refinancing fee that boosted fee income, modest deal activity due to geopolitical and macro uncertainty, a slight tick down in portfolio yields, and modest expense increases. On balance the positives (strong income generation, dividend support, portfolio health and liquidity) outweigh the negatives tied mainly to one-offs and market uncertainty.Company Guidance
Adjusted NII and NII Per Share Growth
Adjusted NII grew 14.8% to $23.7 million and was $0.62 per share in Q1 2026 (versus $0.52 in Q4 2025). Net investment income (NII) was $0.65 per share versus $0.53 in Q4.
Dividend Increase and Payout of Excess Earnings
Board declared a total dividend of $0.62 per share for Q2 2026 (base dividend $0.43 plus supplemental $0.19), reflecting the company continuing to pay out excess earnings above the base dividend.
Strong Portfolio Fair Value and NAV Stability
Portfolio fair value was $1.4 billion at quarter end (102.5% of cost). Net asset value held steady at $742 million, or $19.55 per share.
Originations and Net Portfolio Growth
Originations in Q1 totaled $118.7 million (predominantly first lien). After $73.1 million of repayments/realizations, net investment activity grew the portfolio by $46 million in Q1.
High Proportion of First Lien and Low Non-Accrual Exposure
First lien investments comprised 87% of the debt portfolio. Only one portfolio company was on non-accrual, representing less than 1% of the portfolio on both fair value and cost bases.
Solid Debt Yields and Portfolio Composition
Weighted average effective yield on debt investments was 12.5% (slight decrease from 12.6% in Q4). The portfolio is diversified across manufacturing, distribution, services and software/IT (software & IT ~32% of total portfolio on a fair value basis).
Realized Gains and Equity Investments
Monetized equity investments produced $3.9 million in realized gains. The company invested $1.8 million in equity in two new portfolio companies during the quarter and invested an additional $21.5 million in one new portfolio company subsequent to quarter end.
Liquidity and Conservative Leverage
Reported total liquidity of approximately $244.2 million, including $50.4 million cash and $54.0 million available SBA debentures. Net debt-to-equity was 0.9x and statutory leverage (excl. exempt SBA debentures) was 0.6x.
FDUS Earnings History
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 |
|---|---|---|---|
May 07, 2026 | $18.45 | $19.79 | +7.26% |
Feb 26, 2026 | $17.87 | $17.20 | -3.75% |
Nov 06, 2025 | $19.57 | $18.71 | -4.40% |
Aug 07, 2025 | $18.91 | $19.68 | +4.09% |
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 (FDUS) report earnings?
Fidus Investment (FDUS) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Fidus Investment (FDUS) earnings time?
Fidus Investment (FDUS) earnings time is at Jul 30, 2026, 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 2026 (Q2) is 0.51.