Q3 25 EPS
$0.40
MISS 2.91%
Est. $0.41
Q3 25 Revenue
$57.0M
BEAT +1.22%
Est. $56.3M
vs S&P Since Q3 25
-22.3%
TRAILING MARKET
SLRC -10.8% vs S&P +11.4%
Market Reaction
Did SLRC Beat Earnings? Q3 2025 Results
SLR Investment Corp. Delivered a mixed third quarter for fiscal 2025, edging past revenue expectations while falling slightly short on earnings per share. The business development company posted revenue of $56.99 million, beating the $56.30 million c… Read more SLR Investment Corp. Delivered a mixed third quarter for fiscal 2025, edging past revenue expectations while falling slightly short on earnings per share. The business development company posted revenue of $56.99 million, beating the $56.30 million consensus by 1.22% and representing a robust 31.0% jump from a year earlier, yet net investment income of $0.40 per share missed the $0.41 analyst estimate by 2.91%, slipping from $0.45 per share in Q3 2024. The culprit was a smaller average income-producing portfolio combined with softer index rates, which weighed on NII even as the broader portfolio grew to $3.27 billion across roughly 900 issuers. Notably, net asset value per share edged higher to $18.21, supported by $1.68 million in net realized and unrealized gains versus losses of $2.30 million a year ago. With over $850 million in available capital and management flagging elevated borrower demand for asset-based lending amid uncertain economic conditions, SLRC appears positioned to sustain its deployment momentum heading into the next quarter.
Key Takeaways
- • Stability in NAV per share and NII per share despite declining index rates
- • Shift to specialty finance loans now representing approximately 85% of portfolio fair value
- • Strong asset-based lending originations of $301.6 million in the quarter
- • Low non-accrual rate of 0.3% at fair value
- • Net realized and unrealized gains of $1.7 million vs. losses of $2.3 million year-over-year
- • 98.2% of Comprehensive Investment Portfolio in senior secured loans
SLRC YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
SLRC Revenue by Segment
With YoY comparisons, source: SEC Filings
“While private credit conditions have recently garnered significant headlines, we are pleased with SLRC's performance in the third quarter, supporting our trend of stability in both NAV per share and NII per share. Our decision to be more discerning in cash flow loans over the last couple of years has positioned the Company to withstand various economic conditions as well as declines in interest rates.”
— Michael Gross, Q3 2025 Earnings Press Release
SLRC Earnings Trends
SLRC vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SLRC EPS Trend
Earnings per share: estimate vs actual
SLRC Revenue Trend
Quarterly revenue: estimate vs actual
SLRC Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $0.40 | $0.33 | -17.29% | $49.3M | -8.75% |
| Q4 25 MISS FY | $0.40 | $0.40 | -0.10% | $54.5M | -0.93% |
| FY Full Year | $1.60 | $1.59 | -0.50% | $218.5M | -0.10% |
| Q3 25 MISS | $0.41 | $0.40 | -2.91% | $57.0M | +1.22% |
| Q2 25 MISS | $0.40 | $0.40 | -0.77% | $53.9M | +1.29% |
| Q1 25 MISS | $0.41 | $0.41 | -0.12% | $53.2M | -0.47% |