The earnings call highlighted strong performance in the lower middle market investments and asset management business, with record NAV per share and significant realized gains. However, challenges were noted in the private loan portfolio, particularly with consumer discretionary exposure. Despite these challenges, the company's performance in key areas was robust, leading to supplemental dividend announcements.

Company Guidance -

Q3 2025

During Main Street Capital's second quarter 2025 earnings call, management highlighted strong operating results, including an annualized return on equity of 17.1% and a record net asset value (NAV) per share for the 12th consecutive quarter. Distributable net investment income (DNII) per share exceeded dividends paid to shareholders, and the company achieved its largest realized gain in history. Their lower middle market investment strategy saw a net increase of $108 million, while the private loan portfolio experienced a net decrease of $35 million due to slower private equity industry activity. Despite this, the asset management business contributed significant incentive fee income for the 11th consecutive quarter. A supplemental dividend of $0.30 per share was declared for September, marking the 16th consecutive quarterly supplemental dividend. The company anticipates continued strong performance with future supplemental dividends, driven by a robust lower middle market pipeline and strategic growth in their asset management business.

Record NAV Per Share

Achieved a new record for NAV per share for the 12th consecutive quarter.

Annualized Return on Equity

Reported an annualized return on equity of 17.1%.

Largest Realized Gain in History

Realized the largest gain in Main Street's history from the partial exit of investments in Heritage Vet Partners.

Supplemental Dividend Announcement

Declared a supplemental dividend of $0.30 per share payable in September, marking the 16th consecutive quarterly supplemental dividend.

Strong Lower Middle Market Investment Activity

Net increase in lower middle market investments of $108 million.

Positive Performance of Asset Management Business

Asset management business contributed $8.7 million to net investment income and experienced significant incentive fee income for the 11th consecutive quarter.

Main Street Capital (MAIN) 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 >

MAIN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	1.01 / -	1	―	―	―
Aug 13, 2025	2025 (Q2)	0.99 / 0.99	1.01	-1.98% (-0.02)
May 08, 2025	2025 (Q1)	1.02 / 1.01	1.05	-3.81% (-0.04)
Feb 27, 2025	2024 (Q4)	1.04 / 1.02	1.07	-4.67% (-0.05)
Nov 07, 2024	2024 (Q3)	1.03 / 1.00	0.99	1.01% (+0.01)
Aug 08, 2024	2024 (Q2)	1.01 / 1.01	1.06	-4.72% (-0.05)
May 09, 2024	2024 (Q1)	1.03 / 1.05	1.02	2.94% (+0.03)
Feb 22, 2024	2023 (Q4)	1.03 / 1.07	0.98	9.18% (+0.09)
Nov 02, 2023	2023 (Q3)	1.00 / 0.99	0.83	19.28% (+0.16)
Aug 03, 2023	2023 (Q2)	1.01 / 1.06	0.75	41.33% (+0.31)

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

MAIN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 13, 2025	$67.54	―	―
May 08, 2025	$52.10	$52.02	-0.15%
Feb 27, 2025	$56.80	$58.59	+3.15%
Nov 07, 2024	$48.73	$49.08	+0.72%

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 Main Street Capital Corp. (MAIN) report earnings?

Main Street Capital Corp. (MAIN) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Main Street Capital Corp. (MAIN) earnings time?

Main Street Capital Corp. (MAIN) earnings time is at Oct 30, 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 MAIN EPS forecast?

MAIN EPS forecast for the fiscal quarter 2025 (Q3) is 1.01.

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