Barings BDC, Inc. (BBDC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 39.2M | 28.5M | 56.97M | 23.66M | 34.67M | 29.08M | 25.48M | 22.1M | 69.81M | 75.85M | 70.85M | 75.3M | 67.2M | 63.47M | 56.31M | 55.59M | 43.76M | 13.79M | 16.72M | 31.51M |
| Gross Margin % | 75.07% | 57.35% | 80.22% | 51.62% | 63.19% | 57.96% | 53.04% | 51.54% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 58.88% | 67.35% | 79.76% |
| Gross Profit Growth % | 13.07% | -1.99% | 123.6% | 7.07% | -50.33% | -61.66% | -64.03% | -70.65% | 3.87% | 19.5% | 25.82% | 35.45% | 53.58% | 360.26% | 236.82% | 76.43% | 43.03% | -48.95% | 2.38% | 95.23% |
| Operating Expenses | 1.53M | 1.93M | 9.12M | 2.29M | 1.69M | 2.39M | 2.43M | 2.34M | 19.12M | 18.52M | 15.3M | 20.67M | 20.19M | 9.21M | 13.05M | 10.65M | 13.08M | 2.31M | 2.28M | 2.2M |
| OpEx % of Revenue | 2.94% | 3.89% | 12.84% | 5% | 3.09% | 4.76% | 5.05% | 5.47% | 27.39% | 24.42% | 21.59% | 27.45% | 30.05% | 14.51% | 23.18% | 19.16% | 29.89% | 9.87% | 9.19% | 5.57% |
| Selling, General & Admin | 0 | 1.93M | 15.95M | 2.29M | 1.69M | 2.39M | 2.43M | 2.34M | 19.12M | 18.52M | 15.3M | 20.67M | 20.19M | 9.21M | 13.05M | 10.65M | 13.08M | 2.31M | 2.28M | 2.2M |
| SG&A % of Revenue | - | 3.89% | 22.45% | 5% | 3.09% | 4.76% | 5.05% | 5.47% | 27.39% | 24.42% | 21.59% | 27.45% | 30.05% | 14.51% | 23.18% | 19.16% | 29.89% | 9.87% | 9.19% | 5.57% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 37.67M | 26.57M | 47.86M | 21.37M | 32.98M | 26.7M | 23.05M | 19.75M | 50.69M | 57.33M | 55.55M | 54.63M | 47.01M | 54.26M | 43.25M | 44.94M | 30.68M | 11.48M | 14.44M | 29.31M |
| Operating Margin % | 72.13% | 53.46% | 67.38% | 46.62% | 60.1% | 53.2% | 47.98% | 46.08% | 72.61% | 75.58% | 78.41% | 72.55% | 69.95% | 85.49% | 76.82% | 80.84% | 70.11% | 49.01% | 58.16% | 74.19% |
| Operating Income Growth % | 14.22% | -0.46% | 107.59% | 8.16% | -34.94% | -53.43% | -58.5% | -63.84% | 7.82% | 5.65% | 28.43% | 21.57% | 53.25% | 372.73% | 199.62% | 53.33% | 41.75% | -49.73% | 23.39% | 162.78% |
| EBITDA | 39.33M | 26.57M | 46.4M | 21.37M | 32.98M | 26.7M | 23.05M | 19.75M | 50.69M | 57.33M | 55.55M | 54.63M | 47.01M | 54.26M | 43.25M | 44.94M | 30.68M | 11.48M | 14.44M | 29.31M |
| EBITDA Margin % | 75.31% | 53.46% | 65.33% | 46.62% | 60.1% | 53.2% | 47.98% | 46.08% | 72.61% | 75.58% | 78.41% | 72.55% | 69.95% | 85.49% | 76.82% | 80.84% | 70.11% | 49.01% | 58.16% | 74.19% |
| EBITDA Growth % | 19.25% | -0.46% | 101.26% | 8.16% | -34.94% | -53.43% | -58.5% | -63.84% | 7.82% | 5.65% | 28.43% | 21.57% | 53.25% | 372.73% | 199.62% | 53.33% | 41.75% | -49.73% | 23.39% | 162.78% |
| D&A (Non-Cash Add-back) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT | 39.33M | 26.57M | 46.4M | 21.37M | 32.98M | 26.7M | 23.05M | 19.75M | 50.69M | 57.33M | 55.55M | 54.63M | 47.01M | 54.26M | 43.25M | 44.94M | 30.68M | 11.48M | 14.44M | 29.31M |
| Net Interest Income | 38.94M | 29.88M | 46.89M | 32.75M | 29.93M | 33.08M | 34.16M | 38.61M | 36.77M | 39.66M | 37.85M | 39.94M | 36.71M | 35.08M | 28.74M | 30.11M | 23.21M | 17.6M | 19.53M | 22.2M |
| Interest Income | 57.87M | 51.07M | 68.4M | 54.92M | 50.12M | 54.18M | 56.72M | 59.38M | 57.86M | 62.42M | 59.68M | 60.75M | 56.03M | 51.78M | 44.08M | 43.27M | 34.87M | 27.23M | 27.63M | 30.19M |
| Interest Expense | 18.93M | 21.2M | 21.51M | 22.18M | 20.2M | 21.1M | 22.56M | 20.77M | 21.08M | 22.75M | 21.83M | 20.81M | 19.32M | 16.7M | 15.34M | 13.17M | 11.66M | 9.63M | 8.1M | 7.99M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 20.39M | 26.57M | 24.89M | 21.37M | 32.98M | 26.7M | 23.05M | 19.75M | 44.25M | 30.95M | 18.47M | 40.34M | 39.92M | -1.5M | 9.65M | -23.1M | 21.04M | 11.48M | 14.44M | 29.31M |
| Pretax Margin % | 39.05% | 53.46% | 35.04% | 46.62% | 60.1% | 53.2% | 47.98% | 46.08% | 63.39% | 40.8% | 26.07% | 53.58% | 59.4% | -2.36% | 17.14% | -41.56% | 48.08% | 49.01% | 58.16% | 74.19% |
| Income Tax | 400K | 1.33M | 1.34M | 808K | 401K | 1.87M | 1.03M | 315K | 250K | 1.04M | 150K | 228K | 268K | -250K | -240K | 1.89M | 6K | -446 | 26K | 2K |
| Effective Tax Rate % | 1.96% | 5.02% | 5.38% | 3.78% | 1.22% | 6.99% | 4.48% | 1.59% | 0.56% | 3.36% | 0.81% | 0.57% | 0.67% | 16.66% | -2.49% | -8.18% | 0.03% | -0% | 0.18% | 0.01% |
| Net Income | 19.99M | 25.24M | 23.55M | 20.56M | 32.58M | 24.83M | 22.02M | 19.44M | 44M | 29.91M | 18.32M | 40.12M | 39.65M | -1.25M | 9.89M | -24.99M | 21.03M | 11.48M | 14.41M | 29.31M |
| Net Margin % | 38.28% | 50.78% | 33.16% | 44.85% | 59.37% | 49.48% | 45.83% | 45.34% | 63.03% | 39.43% | 25.86% | 53.27% | 59% | -1.97% | 17.57% | -44.96% | 48.07% | 49.01% | 58.06% | 74.19% |
| Net Income Growth % | -38.63% | 1.65% | 6.95% | 5.76% | -25.97% | -16.99% | 20.19% | -51.54% | 10.97% | 2490.89% | 85.19% | 260.51% | 88.53% | -110.9% | -31.35% | -185.28% | -6.47% | -49.59% | -66.63% | -46.47% |
| Net Income (Continuing) | 19.99M | 25.24M | 23.55M | 20.56M | 32.58M | 24.83M | 22.02M | 19.44M | 44M | 29.91M | 18.32M | 40.12M | 39.65M | -1.25M | 9.89M | -24.99M | 21.03M | 11.48M | 14.41M | 29.31M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.19 | 0.24 | 0.22 | 0.20 | 0.31 | 0.24 | 0.21 | 0.18 | 0.42 | 0.28 | 0.17 | 0.37 | 0.37 | -0.01 | 0.09 | -0.23 | 0.25 | 0.18 | 0.22 | 0.45 |
| EPS Growth % | -38.71% | 0% | 4.76% | 11.11% | -26.19% | -14.29% | 23.53% | -51.35% | 13.51% | 2534.78% | 87.85% | 260.87% | 48% | -106.39% | -58.86% | -151.11% | -26.47% | -60.87% | -75.56% | -60.53% |
| EPS (Basic) | 0.19 | 0.24 | 0.22 | 0.20 | 0.31 | 0.24 | 0.21 | 0.18 | 0.42 | 0.28 | 0.17 | 0.37 | 0.37 | -0.01 | 0.09 | -0.23 | 0.25 | 0.18 | 0.22 | 0.45 |
| Diluted Shares Outstanding | 104.71M | 105.16M | 105.16M | 105.23M | 105.37M | 105.52M | 105.72M | 105.9M | 106.04M | 106.37M | 106.52M | 107.38M | 107.92M | 108.6M | 109.27M | 110.76M | 82.66M | 65.32M | 65.32M | 65.32M |
| Basic Shares Outstanding | 104.71M | 105.16M | 105.16M | 105.23M | 105.37M | 105.52M | 105.72M | 105.9M | 106.04M | 106.37M | 106.52M | 107.38M | 107.92M | 108.6M | 109.27M | 110.76M | 82.66M | 65.32M | 65.32M | 65.32M |
| Dividend Payout Ratio | - | 108.33% | 183.16% | 158.71% | 100.31% | 110.54% | - | 141.63% | 62.67% | 92.47% | 151.16% | 66.47% | 68.04% | - | 264.82% | - | 71.43% | 125.18% | 95.19% | 44.57% |