Oxford Square Capital Corp

Oxford Square Capital Corp. delivered a disappointing first quarter of 2026, missing on both the top and bottom lines as realized losses weighed heavily on results. The business development company posted earnings per share of $0.05, falling short of the $0.06 consensus estimate by 16.67%, snapping a four-quarter streak of beating EPS expectations. Revenue came in at $8.94 million, missing the $9.84 million consensus by 9.09%, though the figure still represented a striking 274.6% increase year over year. The primary culprit behind the weak quarter was a net realized loss of approximately $30.70 million on non-affiliated investments, which overwhelmed net investment income of roughly $4.10 million and drove a net decrease in net assets from operations of approximately $25.50 million. That pressure translated into a <a href="https://247wallst.com/investing/2026/04/17/the-26-5-nav-collapse-that-dividend-hunters-are-missing/">sharp NAV deterioration</a>, with net asset value per share tumbling to $1.32 from $1.69 at year-end 2025, a quarterly NAV-based total return of negative 15.68%.