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Unrealized losses at other companies

Blue Owl Capital logo
Blue Owl CapitalOBDC
$563.3M+27.1%
MidCap Financial Investment Corporation logo
MidCap Financial Investment CorporationMFIC
$308.16M+21.9%
Goldman Sachs BDC logo
Goldman Sachs BDCGSBD
$172.78M-18.1%
Prospect Capital logo
Prospect CapitalPSEC
$1.23B-16.7%
Oaktree Specialty Lending logo
Oaktree Specialty LendingOCSL
$1B+23.2%
Kayne Anderson BDC logo
Kayne Anderson BDCKBDC
$35.97M+238%

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$781.02M-19.3%
Enterprise value$2.52B-6.9%
P/E10.6×+2.0×

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:TaxBasisOfInvestmentsGrossUnrealizedDepreciation.

The official record: Bain Capital Specialty Finance’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bain Capital Specialty Finance's unrealized losses?
Bain Capital Specialty Finance (BCSF) reported unrealized losses of $114K in Q4 2025.
How has Bain Capital Specialty Finance's unrealized losses changed year-over-year?
Bain Capital Specialty Finance's unrealized losses increased by 14.0% year-over-year, from $100K to $114K.
What is the long-term trend for Bain Capital Specialty Finance's unrealized losses?
Over 5 years (2020 to 2025), Bain Capital Specialty Finance's unrealized losses has grown at a -74.4% compound annual growth rate (CAGR), from $104.33M to $114K.
What does unrealized losses mean?
This represents the total cumulative decrease in the fair market value of the investment portfolio relative to its original tax cost basis. It highlights the extent of underperforming assets that have not yet been exited or written off. High levels of unrealized depreciation may signal potential credit risk or valuation challenges within the underlying middle-market portfolio.