The earnings call reflects a mixed sentiment with notable achievements in investment income growth and strategic acquisitions, countered by decreases in portfolio value and net asset value. While the acquisition of SWK Holdings is poised to enhance growth and diversification, the current financial metrics show some challenges.

Company Guidance

During the Runway Growth Finance Third Quarter 2025 Earnings Conference Call, the company reported total investment income of $36.7 million and net investment income of $15.7 million. They completed 11 investments totaling $128.3 million across high-growth sectors, including technology and healthcare. The guidance emphasized their strategic alignment with BC Partners Credit, allowing access to broader origination channels. Runway also announced a definitive merger agreement to acquire SWK Holdings, expected to scale their portfolio by $242 million and increase healthcare sector exposure to 31% of the portfolio. The merger aims to enhance earnings, diversify assets, and improve their financial profile, with anticipated accretion in net investment income in the first full quarter post-close. The transaction, structured as a NAV for NAV merger, is expected to close in early 2026.

Total Investment Income

Runway Growth Finance delivered total investment income of $36.7 million in Q3 2025, an increase from $35.1 million in Q2 2025.

SWK Holdings Acquisition

Runway entered into a definitive merger agreement to acquire SWK Holdings, which will scale Runway's portfolio by an estimated $242 million and increase exposure to healthcare and life sciences.

Investment Activity

Completed 11 investments totaling $128.3 million across technology, healthcare, and select consumer sectors.

Dividend Coverage

Continued to cover the base dividend of $0.33 per share, delivering $0.43 of net investment income in Q3.

Increased Portfolio Risk Rating

Weighted average portfolio risk rating increased to 2.42 in Q3 2025 from 2.33 in Q2 2025, indicating improved credit quality.

Runway Growth Finance Corp (RWAY) 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 >

RWAY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 26, 2026	2025 (Q4)	0.37 / -	0.39	―	―	―
Nov 06, 2025	2025 (Q3)	0.40 / 0.43	0.41	4.88% (+0.02)
Aug 07, 2025	2025 (Q2)	0.39 / 0.38	0.37	2.70% (+0.01)
May 12, 2025	2025 (Q1)	0.37 / 0.42	0.46	-8.70% (-0.04)
Mar 20, 2025	2024 (Q4)	0.42 / 0.39	0.45	-13.33% (-0.06)
Nov 12, 2024	2024 (Q3)	0.45 / 0.41	0.54	-24.07% (-0.13)
Aug 08, 2024	2024 (Q2)	0.44 / 0.37	0.49	-24.49% (-0.12)
May 07, 2024	2024 (Q1)	0.45 / 0.46	0.45	2.22% (+0.01)
Mar 07, 2024	2023 (Q4)	0.49 / 0.45	0.45	0.00% (0.00)
Nov 07, 2023	2023 (Q3)	0.47 / 0.54	0.36	50.00% (+0.18)

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

RWAY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 06, 2025	$9.71	$9.89	+1.85%
Aug 07, 2025	$10.51	$10.62	+1.05%
May 12, 2025	$8.80	$9.37	+6.48%
Mar 20, 2025	$9.65	$9.55	-1.04%

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 Runway Growth Finance Corp (RWAY) report earnings?

Runway Growth Finance Corp (RWAY) is schdueled to report earning on Feb 26, 2026, After Close (Confirmed).

What is Runway Growth Finance Corp (RWAY) earnings time?

Runway Growth Finance Corp (RWAY) 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 RWAY EPS forecast?

RWAY EPS forecast for the fiscal quarter 2025 (Q4) is 0.37.

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