8-K ·Filed Apr 6, 2026
8-K Item 2.02: Earnings release
Actionable Insight ▼ Bearish
Monitor next quarter's NAV and credit quality trends closely; the EPS miss and declining coverage raise concerns about sustainability of the current distribution level.
Final — all horizons settled through T+60d
GBDC ▲ +1.25% at T+60d
SHORT call ✗ call lost -1.25% · α vs SPY +12.02% · entry $12.83 → $12.99
T+1d
-1.48%
call +1.48% · α +4.02%
$12.64
settled 7mo ago
T+5d
+2.18%
call -2.18% · α +3.15%
$13.11
settled 7mo ago
T+20d
+6.63%
call -6.63% · α +3.16%
$13.68
settled 6mo ago
T+60d
+1.25%
call -1.25% · α +12.02%
$12.99
settled 4mo ago
Price Chart
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Executive Summary
GBDC reported Q1 FY2026 EPS of $0.25, missing consensus of $0.36 by 30.6%, driven by a $0.13 NAV decline from unrealized depreciation. The stock is likely to react negatively to the miss and weakening profitability trends.
Key Financial Metrics
EPS
$0.25
est $0.36 · -30.6%
Revenue
$207.0M
est $201.4M · +2.8%
Rating
strong miss
Key Facts
- Reported adjusted EPS of $0.25 for Q1 FY2026, missing consensus of $0.36
- NAV declined to $14.84 per share from $14.97, driven by $0.13 in adjusted net unrealized losses
- Adjusted net investment income per share was $0.38, below prior quarters and covering only 115% of the base distribution
- Non-accrual investments increased to 0.8% of fair value (1.3% at cost)
- Company maintains quarterly base distribution of $0.33 per share
Financial Impact
EPS miss of $0.11 (30.6%) vs consensus, NAV down $0.13 per share
epsnavnii_coveragecredit_quality
Risk Factors
- Deteriorating credit quality with rising non-accruals
- Sustained NAV erosion impacting book value and dividend coverage
- Tightening spreads and lower new origination yields impacting future NII
Market Snapshot
Exchange
Nasdaq
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001476765-26-000016 |
| Document: earningscallnotification-e.htm | 0001476765-26-000016 |
| Document: 0001476765-26-000016-index-headers.html | 0001476765-26-000016 |
| Document: 0001476765-26-000016-index.html | 0001476765-26-000016 |
| Document: 0001476765-26-000016.txt | 0001476765-26-000016 |
| 8-K Data (Synthetic) | 0001476765-26-000016 |
7 reports for GBDC
100% Hit rate @ T+20 Went positive at some point 3 of 3 best @ T+60▲ +4.18%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 6, 2026 21d ago | 8-K | $12.00 | awaiting T+20 | — | $12.36 (+3.00%) |
Aug 11, 2026 10w ago | Insider Cluster | $13.09 $12.70 | ▲ +2.98% | ▲ +1.08% | $12.36 (+5.58%) |
Jun 12, 2026 19w ago | Institutional Cluster | $13.29 $12.92 | ▼ −2.78% | ▼ −4.56% | $12.36 (−7.00%) |
May 27, 2026 21w ago | 8-K | $13.09 $12.59 | ▼ −3.82% | ▼ −0.67% | $12.36 (−5.58%) |
May 4, 2026 25w ago | 8-K | $13.40 $13.27 | ▲ +0.97% | ▲ +5.92% | $12.36 (+7.76%) |
May 4, 2026 25w ago | 8-K | $13.40 $13.27 | ▲ +0.97% | ▲ +5.92% | $12.36 (+7.76%) |
Apr 6, 2026 29w ago | 8-K | $12.83 $13.68 | ▼ −6.63% | ▲ +3.16% | $12.36 (+3.66%) |
Showing 7 of 7
US Market Status
Market Closed — Opens Wed (16h 24m)
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