The earnings call highlighted GBDC's strong historical performance, solid credit portfolio, and effective cost management, while acknowledging the challenges posed by unrealized losses, increased nonaccrual investments, and macroeconomic uncertainties, including tariff risks. The sentiment is balanced with proactive measures in place to address challenges.

Company Guidance -

Q3 2025

During the earnings call for Golub Capital BDC (GBDC), guidance was provided on several key metrics for the fiscal quarter ending March 31, 2025. The company reported an adjusted net investment income (NII) per share of $0.39, translating to an adjusted NII return on equity of 10.4%. Adjusted net income per share stood at $0.30, with a corresponding adjusted return on equity of 8%. The quarter included $0.09 per share of adjusted net realized and unrealized losses. GBDC's investment income yield remained robust at 10.8% despite a 40 basis point sequential decline. The company's new investment activity was highly selective, closing on just 2.3% of reviewed deals, and the portfolio's nonaccrual investments increased slightly to 70 basis points of total investments at fair value. GBDC's net asset value (NAV) per share decreased by $0.09 to $15.04, primarily due to net unrealized and realized losses. The Board declared a regular quarterly distribution of $0.39 per share, with dividend coverage at 100%.

15th Anniversary and Strong Historical Performance

Celebrated 15 years since IPO with GBDC delivering a 9.6% annualized total return, outperforming pure BDCs, leveraged loan indices, and the Russell 2000.

Solid Credit Performance

Nearly 90% of GBDC's investment portfolio at fair value remains in the highest performing internal rating categories, indicating strong credit quality.

Selective Investment Strategy

New investment activity was very selective, closing on just 2.3% of reviewed deals, showing a focus on quality over quantity.

Dividend Coverage

Dividend coverage remains strong at 100%, with a regular quarterly distribution of $0.39 per share, representing a 10.3% yield based on NAV.

Effective Cost Management

Decline in borrowing costs and strong liquidity position with approximately $1.2 billion available, supporting financial stability.

Golub Capital Bdc (GBDC) 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 >

GBDC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 04, 2025	2025 (Q3)	0.39 / -	0.48	―	―	―
May 05, 2025	2025 (Q2)	0.41 / 0.39	0.51	-23.53% (-0.12)
Feb 04, 2025	2025 (Q1)	0.43 / 0.39	0.5	-22.00% (-0.11)
Nov 19, 2024	2024 (Q4)	0.45 / 0.47	0.5	-6.00% (-0.03)
Aug 05, 2024	2024 (Q3)	0.48 / 0.48	0.44	9.09% (+0.04)
May 06, 2024	2024 (Q2)	0.51 / 0.51	0.42	21.43% (+0.09)
Feb 05, 2024	2024 (Q1)	0.48 / 0.50	0.37	35.14% (+0.13)
Nov 20, 2023	2023 (Q4)	0.47 / 0.50	0.33	51.52% (+0.17)
Aug 07, 2023	2023 (Q3)	0.42 / 0.44	0.34	29.41% (+0.10)
May 08, 2023	2023 (Q2)	0.40 / 0.42	0.3	40.00% (+0.12)

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

GBDC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 05, 2025	$13.77	$13.83	+0.44%
Feb 04, 2025	$14.89	$14.55	-2.28%
Nov 19, 2024	$14.30	$14.01	-2.03%
Aug 05, 2024	$12.92	$13.02	+0.77%

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 Golub Capital Bdc (GBDC) report earnings?

Golub Capital Bdc (GBDC) is schdueled to report earning on Aug 04, 2025, After Close (Confirmed).

What is Golub Capital Bdc (GBDC) earnings time?

Golub Capital Bdc (GBDC) earnings time is at Aug 04, 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 GBDC EPS forecast?

GBDC EPS forecast for the fiscal quarter 2025 (Q3) is 0.39.

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