Fidus reported a strong third quarter with healthy portfolio performance, increased M&A activity, and solid growth in net asset value. While there were some challenges, such as decreased total investment income and exposure to China tariffs, these were relatively minor compared to the positive developments.

Company Guidance

In the Fidus Third Quarter 2025 Earnings Conference Call, the company provided several key metrics and guidance for the upcoming period. The adjusted net investment income (NII) for Q3 was $0.50 per share, compared to $0.61 in Q3 2024, covering a base dividend of $0.43 with a cushion. Total dividends paid for Q3 were $0.57 per share, including a supplemental dividend of $0.14. For Q4 2025, the Board declared a total dividend of $0.50 per share, comprising a base dividend of $0.43 and a supplemental dividend of $0.07. The net asset value increased by 2.7% to $711 million at quarter-end, with a per-share value of $19.56. The portfolio grew to $1.2 billion on a fair value basis, with net originations of $37.8 million. The debt portfolio, heavily weighted towards first lien securities, comprised 82% of the total, and the equity portfolio was valued at $143.4 million. Market conditions showed improved M&A activity, and the company continued to support portfolio companies with growth capital. Future prospects look relatively decent, with ongoing efforts to build the investment pipeline and generate attractive risk-adjusted returns for shareholders.

Strong Portfolio Performance

Fidus' debt portfolio continued to perform well, generating adjusted NII well in excess of the base dividend. The portfolio remains diversified and healthy from a credit quality perspective.

Increased M&A Activity

M&A activity picked up in the third quarter, leading to growth in the portfolio. Fidus supported portfolio companies with growth capital, leveraging long-standing relationships with deal sponsors.

Net Asset Value Growth

Net asset value grew 2.7% to $711 million at quarter end, reflecting portfolio appreciation and accretive share issuances.

Healthy Investment and Liquidity Position

Fidus completed a $100 million debt add-on to its notes and refinanced its line of credit, increasing availability to $175 million and extending the maturity date.

Portfolio Credit Quality

Portfolio credit quality remains sound, with companies on nonaccrual making up less than 1% of the total portfolio on a fair value basis.

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
Feb 26, 2026	2025 (Q4)	0.49 / -	0.54	―	―	―
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)
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)

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
Nov 06, 2025	$20.68	$19.77	-4.40%
Aug 07, 2025	$19.97	$20.79	+4.11%
May 08, 2025	$18.07	$18.62	+3.04%
Mar 06, 2025	$20.13	$20.39	+1.29%

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 Feb 26, 2026, After Close (Confirmed).

What is Fidus Investment (FDUS) earnings time?

Fidus Investment (FDUS) earnings time is at Feb 26, 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 2025 (Q4) is 0.49.

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