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Beneficient BENF Paid-in-kind interest capitalized

Paid-in-kind interest capitalized at other companies

DJT
Trump Media & Technology GroupDJT
$11.47M+6,040%
HTF
Heartflow, Inc. Common StockHTFL
$36K
ADMA Biologics logo
ADMA BiologicsADMA
$0
Oruka Therapeutics, Inc. logo
Oruka Therapeutics, Inc.ORKA
$1.47M
Beneficient logo
BeneficientBENF
$5.28M+77.5%
American Resources Investment Trust Inc logo
American Resources Investment Trust IncINV
$130K

Other financials

Income statement

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Revenue$18.7M+322%
Operating income$3.9M+141%
Net income$19.9M+331%
EPS (diluted)-$0.49+26.5%

Balance sheet

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Cash & equivalents$7.9M+87.3%
Total debt$100.3M-16.6%
Total equity-$128.6M-1,002%
Total assets$337.9M-15.5%

Cash flow

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Operating cash flow-$9.4M+6.3%
CapEx$96.0K-85.5%
Free cash flow-$9.4M+6.7%

Valuation

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Market cap$52.86M+2,018%
Enterprise value$145.33M+40.6%

Profitability

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Operating margin548.5%-323pp
Net margin517.9%-235pp
FCF margin156.8%-40.4pp

Returns & leverage

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Return on equity-1,647.1%-2,080pp
Debt / equity8.4×-23.8×

Where this comes from

Reported directly by Beneficient in its filing.

Tagged under the XBRL concept us-gaap:PaidInKindInterest.

The official record: Beneficient’s 10-Q, filed February 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Beneficient's paid-in-kind interest capitalized?
Beneficient (BENF) reported paid-in-kind interest capitalized of $5.28M in Q4 2025.
How has Beneficient's paid-in-kind interest capitalized changed year-over-year?
Beneficient's paid-in-kind interest capitalized increased by 77.5% year-over-year, from $2.98M to $5.28M.
What does paid-in-kind interest capitalized mean?
Interest expense that is settled by increasing the principal balance of the debt rather than through cash payments. This metric indicates the company's reliance on non-cash financing to manage interest obligations. High levels of PIK interest may signal liquidity constraints or a strategy to preserve cash for operations.