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Fidus Investment (FDUS) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 30, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.5

Last Year’s EPS

0.57

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 1 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 07, 2026|

% Change Since:

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

Management's guidance was that Fidus expects adjusted net investment income to continue to exceed the base dividend and, given a "decent" pipeline, to see an "okay-to-decent" origination quarter with lighter repayments (i.e., modest growth in the portfolio), while continuing to prioritize capital preservation and attractive risk‑adjusted returns; the Board declared a Q2 dividend of $0.62 per share (base $0.43 + supplemental $0.19) payable 06/29/2026 to holders of record 06/16/2026. The outlook is supported by Q1 results including adjusted NII of $0.62/share (adjusted NII up 14.8% to $23.7 million; NII $0.65/share), NAV $742 million ($19.55/share), portfolio fair value $1.4 billion (102.5% of cost) with $682.2 million of debt outstanding (SBA debentures $260.5M, unsecured notes $325M, line $85.2M, secured borrowings $11.6M), net debt‑to‑equity 0.9x (statutory leverage ex‑SBA 0.6x), weighted average debt cost 5.2% and weighted average effective yield on debt 12.5%; Q1 originations were $118.7M, proceeds from repayments/realizations $73.1M, net portfolio growth +$46M, realized gains $3.9M and net realized losses ~$12.2M (including a $15.8M loss), an equity portfolio of $149.6M, software/IT exposure ~32% of the portfolio (software equity $16.1M, ≈11% of equity), first‑lien 87% of the debt book, software loan‑to‑value ~42% (total portfolio ~45% cost), contractual duration in software 2.2 years, and total liquidity of about $244.2M (cash $50.4M, line availability ~$139.9M, available SBA debentures $54.0M).

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.

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

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FDUS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 30, 2026	2026 (Q2)	0.50 / -	0.57	―	―	―
May 07, 2026	2026 (Q1)	0.51 / 0.62	0.54	14.81% (+0.08)
Feb 26, 2026	2025 (Q4)	0.50 / 0.52	0.54	-3.70% (-0.02)
Nov 06, 2025	2025 (Q3)	0.50 / 0.50	0.61	-18.03% (-0.11)	―
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)

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	$17.84	$19.13	+7.26%
Feb 26, 2026	$17.28	$16.63	-3.75%
Nov 06, 2025	$18.92	$18.09	-4.40%
Aug 07, 2025	$18.28	$19.02	+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 0.5.