Oxford Square Capital (OXSQ) Q3 2025 Earnings
How Did OXSQ Stock React to Q3 2025 Earnings?
S&P 500 over the same 30 days: +1.55%.
Did OXSQ Beat Earnings? Q3 2025 Results
Yes. Oxford Square Capital reported Q3 2025 earnings of $0.07 a share on Nov 4, 2025, beating the $0.07 consensus estimate by 0.0%. Revenue was $10.2M against a $9.6M estimate.
Oxford Square Capital Corp. delivered a mixed third quarter, posting earnings per share of $0.07 and total investment income of $10.24 million, up 24.5% year over year, as the business development company continued to expand its portfolio and leverage profile. Yet the headline revenue growth masked a more difficult quarter beneath the surface, with net asset value per share sliding to $1.95 from $2.06 at the end of Q2 2025, a deterioration driven primarily by approximately $7.50 million in net unrealized depreciation across the investment portfolio. That NAV erosion, combined with a negative 24.74% market value total return as shares fell from $2.23 to $1.59, framed a quarter defined as much by portfolio markdowns as by income generation. On the positive side, CLO equity effective yields improved to 9.7% from 8.8%, and the company actively deployed approximately $58.10 million in new investments. Post-quarter, the Board authorized a $25.00 million share repurchase program and declared monthly distributions of $0.04 per share through March 2026.
- Weighted average yield on debt investments increased to 14.6% from 14.5% sequentially
- Weighted average effective yield on CLO equity investments improved to 9.7% from 8.8%
- CLO equity cash distribution yield increased to 14.3% from 13.8%
- Total investment income increased to approximately $10.2 million from approximately $9.5 million in Q2 2025
- Net unrealized depreciation of approximately $7.5 million drove net decrease in net assets from operations
OXSQ YoY Financials
| Metric | Q3 2025 | Q3 2024 | Year over year |
|---|---|---|---|
| Revenue | $10.2M | $8.2M | +24.5% |
| Operating Income | $5.6M | $6.2M | −10.0% |
OXSQ Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.