The strong NII beat may provide short-term support, but revenue miss and declining NAV warrant caution. Monitor for any forward guidance on earnings sustainability and potential dividend adjustments.
Price Chart
Executive Summary
PSEC's Q2 fiscal 2026 earnings show a strong beat on NII per share ($0.16 vs $0.11 consensus, +45%), but total investment revenue missed ($150.1M vs $163.2M, -8%) and net investment income declined YoY. NAV per share continued to decline to $6.05. The monthly dividend of $0.035 per share was maintained.
Key Financial Metrics
Key Facts
- NII per share $0.16 beat consensus of $0.11 by 45%
- Total investment income $150.1M missed consensus $163.2M by 8%
- Net investment income declined to $78.5M from $83.5M YoY
- NAV per share fell to $6.05 from $7.25 a year ago
- Monthly dividend maintained at $0.035 per share
- Non-accrual loans stable at 0.7% of assets
Financial Impact
EPS beat of $0.05 per share vs consensus, revenue miss of ~$13M
Risk Factors
- Continued NAV erosion could pressure dividend coverage
- Revenue miss may signal portfolio yield compression
- High sensitivity to interest rate changes on floating rate assets
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3290680 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 16, 2026 11w ago | 15-12G | $2.25 $2.30 | ▲ +2.22% | ▼ −2.22% | $2.05 (−8.89%) |
Jun 9, 2026 16w ago | DEFA14A | $2.24 $2.21 | ▼ −1.34% | ▼ −4.96% | $2.05 (−8.48%) |
May 7, 2026 21w ago | 8-K | $18.17 $16.74 | ▲ +7.87% | ▲ +7.89% | $2.05 (+88.72%) |
May 7, 2026 21w ago | Press Release | $2.47 $2.23 | ▼ −9.72% | ▼ −9.74% | $2.05 (−17.00%) |
May 4, 2026 21w ago | Press Release | $2.72 $2.46 | ▼ −9.56% | ▼ −15.20% | $2.05 (−24.63%) |
Mar 11, 2026 29w ago | DEFA14A | $2.56 $2.58 | ▲ +0.64% | ▼ −1.33% | $2.05 (−19.94%) |
US Market Status
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