The earnings call presented a mixed picture with notable achievements in net investment income, portfolio performance, and investment activity. However, challenges such as a decline in investment income, high nonaccrual rates, and macroeconomic concerns were also highlighted. The company remains optimistic about its dividend strategy and its ability to navigate current economic conditions.

Company Guidance

During FS KKR Capital Corp.'s Third Quarter 2025 Earnings Conference Call, guidance was provided regarding future dividend strategies and financial performance expectations. The company announced a forward dividend strategy for 2026, forecasting a total distribution equating to an annualized yield on net asset value of approximately 10%, with a base distribution of around $0.45 per share supplemented by quarterly net investment income. For the fourth quarter of 2025, FS KKR expects GAAP net investment income of approximately $0.51 per share and adjusted net investment income of approximately $0.56 per share. The company reported third-quarter net investment income of $0.57 per share, slightly below public guidance, and an increase in net asset value to $21.99 from $21.93 in the previous quarter. Additionally, they highlighted a $0.70 per share fourth-quarter distribution. Despite challenges such as declining interest rates, FS KKR remains optimistic about their resilient position within the BDC industry and continues to focus on senior secured investments, maintaining a robust balance sheet and diversified portfolio.

Net Investment Income and Distribution

FS KKR Capital Corp. (FSK) generated net investment income of $0.57 per share, in line with expectations, and announced a fourth quarter distribution totaling $0.70 per share, consisting of a base distribution of $0.64 and a supplemental distribution of $0.06.

Strong Portfolio Performance

The net asset value increased to $21.99 from $21.93 at the end of the second quarter. Additionally, nonaccruals decreased to 5% of the portfolio on a cost basis and 2.9% on a fair value basis, with further improvements expected after restructuring efforts.

Positive Investment Activity

FSK originated approximately $1.1 billion of new investments during the quarter, with a focus on U.S.-based direct lending. The pipeline of deals evaluated increased by approximately 30% year-over-year.

Successful Exits

FSK successfully exited investments in Callodine Commercial Finance and Weber, achieving IRRs of 13.3% and 16.8%, respectively.

FS KKR Capital (FSK) 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 >

FSK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 02, 2026	2025 (Q4)	0.54 / -	0.66	―	―	―
Nov 05, 2025	2025 (Q3)	0.57 / 0.57	0.74	-22.97% (-0.17)
Aug 06, 2025	2025 (Q2)	0.63 / 0.60	0.75	-20.00% (-0.15)
May 07, 2025	2025 (Q1)	0.64 / 0.65	0.73	-10.96% (-0.08)
Feb 26, 2025	2024 (Q4)	0.67 / 0.66	0.75	-12.00% (-0.09)
Nov 06, 2024	2024 (Q3)	0.70 / 0.74	0.84	-11.90% (-0.10)
Aug 06, 2024	2024 (Q2)	0.71 / 0.75	0.78	-3.85% (-0.03)
May 08, 2024	2024 (Q1)	0.71 / 0.73	0.78	-6.41% (-0.05)
Feb 26, 2024	2023 (Q4)	0.75 / 0.75	0.81	-7.41% (-0.06)
Nov 06, 2023	2023 (Q3)	0.77 / 0.84	0.73	15.07% (+0.11)

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

FSK Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 05, 2025	$14.79	$15.21	+2.84%
Aug 06, 2025	$19.40	$17.81	-8.20%
May 07, 2025	$18.02	$18.57	+3.05%
Feb 26, 2025	$20.52	$20.40	-0.58%

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 FS KKR Capital Corp (FSK) report earnings?

FS KKR Capital Corp (FSK) is schdueled to report earning on Mar 02, 2026, After Close (Confirmed).

What is FS KKR Capital Corp (FSK) earnings time?

FS KKR Capital Corp (FSK) earnings time is at Mar 02, 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 FSK EPS forecast?

FSK EPS forecast for the fiscal quarter 2025 (Q4) is 0.54.

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