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Golub Capital GBDC Management fees

Management fees at other companies

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Ares CapitalARCC
$111M+8.8%
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FS KKR Capital Corp.FSK
$48M-7.7%
Blue Owl Capital logo
Blue Owl CapitalOBDC
$60.69M-2.4%
Claros Mortgage Trust logo
Claros Mortgage TrustCMTG
$7.35M-12.5%

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 us-gaap:ManagementFeeExpense.

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 fees?
Golub Capital (GBDC) reported management fees of $21.04M in Q1 2026.
How has Golub Capital's management fees changed year-over-year?
Golub Capital's management fees decreased by 3.1% year-over-year, from $21.71M to $21.04M.
What is the long-term trend for Golub Capital's management fees?
Over 4 years (2021 to 2025), Golub Capital's management fees has grown at a 9.2% compound annual growth rate (CAGR), from $61.86M to $87.89M.
What does management fees mean?
Fees paid to the external investment adviser for the management and oversight of the company's investment portfolio. This is a core operating expense that reflects the cost of professional management services provided to the BDC.