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Bain Capital Specialty Finance BCSF Net gains (losses) on investments

Net gains (losses) on investments at other companies

FS KKR Capital Corp. logo
FS KKR Capital Corp.FSK
$93.5M+768%
Blue Owl Capital logo
Blue Owl CapitalOBDC
-$98.23M-151%
Kayne Anderson BDC logo
Kayne Anderson BDCKBDC
-$9.02M-38.6%
Barings BDC logo
Barings BDCBBDC
-$10.03M-130%
Prospect Capital logo
Prospect CapitalPSEC
$57.64M+136%
Golub Capital logo
Golub CapitalGBDC
-$131.63M

Other financials

Income statement

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Net income$3.4M-88.1%
EPS (diluted)$0.05-88.6%

Balance sheet

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Cash & equivalents$13.0M+27.6%
Total debt$1.8B+0.2%
Total equity$1.1B-4.5%
Total assets$2.6B-1.5%

Cash flow

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Operating cash flow$26.6M+466%

Valuation

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Market cap$840.05M-14.2%
Enterprise value$2.58B-8.3%
P/E11.4×+2.3×

Returns & leverage

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Return on equity6.6%-3.3pp
Debt / equity1.6×+0.1×

Where this comes from

Reported directly by Bain Capital Specialty Finance in its filing.

Tagged under the XBRL concept us-gaap:DebtAndEquitySecuritiesUnrealizedGainLoss.

The source filing: Bain Capital Specialty Finance’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 5:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-217068
Line itemFor the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Net realized loss from investments9,62823,953
Net realized (gain) loss on foreign currency transactions(66)249
Net change in unrealized appreciation on forward currency exchange contracts(6,546)2,073
Net change in unrealized appreciation on investments17,834(24,682)
Net change in unrealized appreciation on foreign currency translation135(435)
Increase in investments due to PIK(7,385)(5,415)
Accretion of discounts and amortization of premiums(1,746)(1,554)
Amortization of deferred financing costs and debt issuance costs1,5381,149

Item 1. Consolidated Financial Statements

FAQ

What is Bain Capital Specialty Finance's net gains (losses) on investments?
Bain Capital Specialty Finance (BCSF) reported net gains (losses) on investments of -$17.83M in Q1 2026.
How has Bain Capital Specialty Finance's net gains (losses) on investments changed year-over-year?
Bain Capital Specialty Finance's net gains (losses) on investments decreased by 172.3% year-over-year, from $24.68M to -$17.83M.
What does net gains (losses) on investments mean?
Realized and unrealized gains/losses on investments removed from operating cash flow since they're investing-related.

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