Capital Southwest Corporation (CSWC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | 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 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 54M | 43.89M | 36.38M | 38.44M | 30.81M | 26.61M | 27.63M | 23.81M | 26.61M | 27.63M | 23.81M | 30.28M | 24.51M | 11.88M | 16.6M | 8.46M | 25.04M | 19.08M | 18.72M | 20.16M |
| Gross Margin % | 100% | 70.86% | 69.43% | 71.58% | 66.95% | 64.39% | 68.7% | 65.67% | 64.39% | 68.7% | 65.67% | 75.77% | 73.53% | 59.96% | 71.46% | 60.66% | 83.61% | 80.39% | 77.6% | 80.27% |
| Gross Profit Growth % | 75.27% | 64.91% | 31.69% | 61.45% | 15.76% | -3.66% | 16.04% | -21.37% | 8.57% | 132.44% | 43.42% | 258.05% | -2.11% | -37.71% | -11.34% | -58.05% | 62.47% | -14.73% | -12.39% | 50.23% |
| Operating Expenses | 9.34M | 10.92M | 6.91M | 7.97M | 8.74M | 6.97M | 6.11M | 7.62M | 6.97M | 6.11M | 7.62M | 5.68M | 5.62M | 6.15M | 5.19M | 4.43M | 4.22M | 5.82M | 21.94M | 4.18M |
| OpEx % of Revenue | 17.3% | 17.63% | 13.19% | 14.83% | 19% | 16.86% | 15.18% | 21.02% | 16.86% | 15.18% | 21.02% | 14.21% | 16.85% | 31.03% | 22.35% | 31.77% | 14.09% | 24.52% | 90.92% | 16.66% |
| Selling, General & Admin | 15.15M | 2.9M | 3.01M | 2.87M | 2.78M | 2.64M | 2.58M | 2.93M | 2.64M | 2.58M | 2.93M | 2.2M | 2.09M | 1.78M | 1.88M | 2.07M | 1.64M | 1.62M | 1.63M | 1.68M |
| SG&A % of Revenue | 28.05% | 4.69% | 5.74% | 5.34% | 6.04% | 6.39% | 6.41% | 8.08% | 6.39% | 6.41% | 8.08% | 5.52% | 6.27% | 8.96% | 8.09% | 14.82% | 5.48% | 6.81% | 6.76% | 6.68% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 44.66M | 32.97M | 29.47M | 30.47M | 22.06M | 19.64M | 21.52M | 16.19M | 19.64M | 21.52M | 16.19M | 24.6M | 18.9M | 5.74M | 11.41M | 4.03M | 20.82M | 13.26M | -3.21M | 15.97M |
| Operating Margin % | 82.7% | 53.22% | 56.24% | 56.74% | 47.95% | 47.53% | 53.52% | 44.65% | 47.53% | 53.52% | 44.65% | 61.56% | 56.69% | 28.93% | 49.11% | 28.89% | 69.52% | 55.87% | -13.32% | 63.6% |
| Operating Income Growth % | 102.41% | 67.82% | 36.94% | 88.25% | 12.31% | -8.72% | 32.95% | -34.2% | 3.95% | 275.24% | 41.9% | 510.88% | -9.24% | -56.75% | 454.81% | -74.79% | 83.66% | -24.54% | -119.02% | 63.81% |
| EBITDA | 44.66M | 34.74M | 31.22M | 32.15M | 23.73M | 21.24M | 22.84M | 17.46M | 21.24M | 22.84M | 17.46M | 25.38M | 19.64M | 6.41M | 12.08M | 4.68M | 21.42M | 13.8M | -2.63M | 16.48M |
| EBITDA Margin % | 82.7% | 56.09% | 59.58% | 59.88% | 51.58% | 51.39% | 56.8% | 48.17% | 51.39% | 56.8% | 48.17% | 63.51% | 58.93% | 32.33% | 52.02% | 33.56% | 71.53% | 58.15% | -10.9% | 65.6% |
| EBITDA Growth % | 88.15% | 63.58% | 36.7% | 84.11% | 11.75% | -7.01% | 30.77% | -31.18% | 8.11% | 256.36% | 44.53% | 442.52% | -8.3% | -53.56% | 559.47% | -71.61% | 81.15% | -23.74% | -115.12% | 61.46% |
| D&A (Non-Cash Add-back) | 0 | 1.77M | 1.75M | 1.68M | 1.67M | 1.59M | 1.32M | 1.28M | 1.59M | 1.32M | 1.28M | 779K | 748K | 674K | 677K | 651K | 602K | 541K | 585K | 502K |
| EBIT | 44.66M | 32.97M | 29.47M | 30.47M | 22.06M | 19.64M | 21.52M | 16.19M | 19.64M | 21.52M | 16.19M | 24.6M | 18.9M | 5.74M | 11.41M | 4.03M | 20.82M | 13.26M | -3.21M | 15.97M |
| Net Interest Income | 36.87M | 35.35M | 35.03M | 35.11M | 33.39M | 31.42M | 33.51M | 33.59M | 31.42M | 33.51M | 33.59M | 26.79M | 24.67M | 21.2M | 16.87M | 13.46M | 13.24M | 13.08M | 11.57M | 10.65M |
| Interest Income | 54.15M | 53.4M | 51.05M | 50.38M | 48.6M | 46.13M | 46.1M | 46.04M | 46.13M | 46.1M | 46.04M | 36.48M | 33.49M | 29.14M | 23.5M | 18.95M | 18.15M | 17.73M | 16.98M | 15.6M |
| Interest Expense | 17.28M | 18.05M | 16.02M | 15.26M | 15.21M | 14.72M | 12.59M | 12.45M | 14.72M | 12.59M | 12.45M | 9.68M | 8.82M | 7.94M | 6.63M | 5.48M | 4.91M | 4.66M | 5.41M | 4.96M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 27.38M | 32.97M | 29.47M | 30.47M | 22.06M | 19.64M | 21.52M | 16.19M | 19.64M | 21.52M | 16.19M | 24.6M | 18.9M | 5.74M | 11.41M | 4.03M | 20.82M | 13.26M | -3.21M | 15.97M |
| Pretax Margin % | 50.7% | 53.22% | 56.24% | 56.74% | 47.95% | 47.53% | 53.52% | 44.65% | 47.53% | 53.52% | 44.65% | 61.56% | 56.69% | 28.93% | 49.11% | 28.89% | 69.52% | 55.87% | -13.32% | 63.6% |
| Income Tax | -102K | 71K | 3.85M | 3.47M | 4.5M | 3.38M | -1.16M | 2.15M | 3.38M | -1.16M | 2.15M | 788K | 721K | 2.79M | 1.95M | 1.52M | 1.15M | 701K | 1.34M | 831K |
| Effective Tax Rate % | -0.37% | 0.22% | 13.06% | 11.38% | 20.41% | 17.19% | -5.41% | 13.29% | 17.19% | -5.41% | 13.29% | 3.2% | 3.82% | 48.58% | 17.09% | 37.67% | 5.53% | 5.29% | -41.71% | 5.2% |
| Net Income | 27.48M | 32.9M | 25.62M | 27M | 17.56M | 16.27M | 22.68M | 14.04M | 16.27M | 22.68M | 14.04M | 23.81M | 18.18M | 2.95M | 9.46M | 2.51M | 19.67M | 12.56M | -4.56M | 15.14M |
| Net Margin % | 50.89% | 53.11% | 48.89% | 50.28% | 38.16% | 39.36% | 56.41% | 38.71% | 39.36% | 56.41% | 38.71% | 59.59% | 54.52% | 14.88% | 40.72% | 18.01% | 65.67% | 52.92% | -18.88% | 60.3% |
| Net Income Growth % | 56.48% | 102.21% | 12.94% | 92.38% | 7.95% | -28.28% | 61.62% | -41.06% | -10.5% | 669.21% | 48.39% | 848.69% | -7.59% | -76.52% | 307.59% | -83.42% | 92.51% | -18.44% | -127.8% | 70.58% |
| Net Income (Continuing) | 27.48M | 32.9M | 25.62M | 27M | 17.56M | 16.27M | 22.68M | 14.04M | 16.27M | 22.68M | 14.04M | 23.81M | 18.18M | 2.95M | 9.46M | 2.51M | 19.67M | 12.56M | -4.56M | 15.14M |
| 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) | 0.44 | 0.54 | 0.44 | 0.48 | 0.33 | 0.30 | 0.48 | 0.31 | 0.30 | 0.57 | 0.57 | 0.63 | 0.50 | 0.09 | 0.34 | 0.10 | 0.79 | 0.54 | -0.20 | 0.71 |
| EPS Growth % | 33.33% | 80% | -8.33% | 54.84% | 10% | -47.37% | -15.79% | -50.79% | -40% | 506.38% | 67.65% | 540.24% | -36.71% | -82.59% | 270% | -86.14% | 43.64% | -32.5% | -122.73% | 44.9% |
| EPS (Basic) | 0.48 | 0.57 | 0.46 | 0.50 | 0.34 | 0.34 | 0.48 | 0.31 | 0.30 | 0.57 | 0.57 | 0.63 | 0.50 | 0.09 | 0.34 | 0.10 | 0.81 | 0.54 | -0.20 | 0.71 |
| Diluted Shares Outstanding | 62.45M | 66.84M | 64.83M | 62.78M | 51.19M | 54.12M | 47.24M | 45.67M | 44.08M | 41.51M | 39.7M | 37.6M | 36.08M | 31.38M | 27.99M | 25.51M | 24.96M | 23.43M | 22.53M | 21.2M |
| Basic Shares Outstanding | 57.78M | 57.53M | 55.54M | 53.52M | 47.45M | 48.31M | 47.24M | 45.67M | 44.08M | 41.51M | 39.7M | 37.6M | 36.08M | 31.38M | 27.99M | 25.51M | 24.18M | 23.43M | 22.53M | 21.2M |
| Dividend Payout Ratio | 140.27% | 113.39% | 140.67% | 130.9% | 191.94% | 193.83% | 134.54% | 210.25% | 174.47% | 118.4% | 217.46% | 96.24% | 79.24% | 653.61% | 151.06% | 661.95% | 59.88% | 182.46% | - | 76.13% |