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Golub Capital GBDC Management and income incentive fees payable

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Other financials

Income statement

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Net income-$46.8M-159%
EPS (diluted)-$0.18-160%

Balance sheet

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Cash & equivalents$135.2M-45.1%
Total debt$4.7B-2.2%
Total equity$3.7B-7.3%
Total assets$8.5B-4.7%

Cash flow

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Operating cash flow$248.8M

Valuation

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Market cap$3.21B-17.1%

Returns & leverage

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Return on equity5.3%-3.6pp
Debt / equity1.3×+0.1×

Where this comes from

Reported directly by Golub Capital in its filing.

Tagged under the XBRL concept gbdc:ManagementAndIncentiveFeePayable.

The official record: Golub Capital’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Golub Capital's management and income incentive fees payable?
Golub Capital (GBDC) reported management and income incentive fees payable of $36.53M in Q1 2026.
How has Golub Capital's management and income incentive fees payable changed year-over-year?
Golub Capital's management and income incentive fees payable decreased by 10.6% year-over-year, from $40.87M to $36.53M.
What is the long-term trend for Golub Capital's management and income incentive fees payable?
Over 4 years (2021 to 2025), Golub Capital's management and income incentive fees payable has grown at a 35.2% compound annual growth rate (CAGR), from $12.25M to $40.88M.
What does management and income incentive fees payable mean?
This liability represents the accrued fees owed to the external investment manager for services rendered, including base management fees and performance-based incentive fees. It reflects the cost of external management and the company's obligation to share investment success with the manager. Investors monitor this to understand the impact of management compensation on the company's net income.