Golub Capital GBDC Business Segments
| TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | ||
|---|---|---|---|---|---|---|
| Investments, at fair value by Geography | ||||||
| Australia | $217.95M+191% | $179.59M+144% | $142.04M+95.3% | $108.05M+57.3% | $74.86M+15.2% | |
| Canada | $1.37B+60.7% | $1.39B+129% | $1.22B+119% | $1.07B+96.9% | $853.66M+57.2% | |
| Denmark | $19.24M-1.8% | $19.35M+7.8% | $19.45M+19.6% | $19.53M+33.9% | $19.59M+52.0% | |
| Finland | $356.66M+31.1% | $352.07M+55.8% | $337.51M+83.8% | $306.03M+91.9% | $272.13M+96.9% | |
| France | $95.77M— | $84.8M— | $79.82M— | $75.93M— | —— | |
| Germany | $326.55M+107% | $332.21M+277% | $299.16M— | $231.95M— | $157.52M— | |
| Israel | $70.54M+243% | $70.72M+1,804% | $53.96M+1,540% | $37.21M+1,185% | $20.54M+735% | |
| Jersey | $237.14M— | —— | —— | —— | —— | |
| Luxembourg | $57.49M-70.1% | $28.05M-86.5% | $87.27M-49.6% | $139.82M-3.1% | $192.25M+68.2% | |
| Mid-Atlantic | $6.49B+6.0% | $6.52B+18.1% | $6.49B+33.2% | $6.35B+47.7% | $6.12B+58.7% | |
| Midwest | $5.46B-2.3% | $5.52B+5.7% | $5.56B+13.7% | $5.51B+20.3% | $5.59B+35.4% | |
| Netherlands | $57.12M-79.4% | $52.22M-83.8% | $128.84M-56.0% | $205.34M-24.8% | $276.74M+6.1% | |
| Northeast | $1.98B-26.4% | $2.1B-18.3% | $2.37B+3.5% | $2.61B+28.9% | $2.7B+49.5% | |
| Southeast | $6.84B+4.8% | $6.84B+15.7% | $6.81B+28.7% | $6.7B+41.1% | $6.52B+52.9% | |
| Southwest | $4.15B+6.8% | $4.24B+30.2% | $4.31B+66.7% | $4.31B+110% | $3.89B+111% | |
| Spain | $18.17M— | —— | —— | —— | —— | |
| Sweden | $149.09M+9.6% | $146.77M+21.6% | $142.52M+33.3% | $139.85M+53.9% | $136.08M+77.8% | |
| United Kingdom | $1.62B+7.7% | $1.62B+16.3% | $1.53B+10.8% | $1.52B+19.3% | $1.5B+27.8% | |
| West | $5.16B+2.7% | $5.28B+15.0% | $5.32B+27.3% | $5.1B+29.7% | $5.03B+40.2% | |
| Fair Value: by Geography | ||||||
| Midwest | 16.4%— | 16.3%— | 16.6%— | —— | —— | |
| Amortized Cost by Geography | ||||||
| Australia | $215.49M+163% | $181.94M+131% | $148.68M+96.1% | $115.14M+60.1% | $81.83M+20.1% | |
| Canada | $1.39B+57.5% | $1.42B+124% | $1.25B+117% | $1.09B+94.1% | $882.63M+56.4% | |
| Denmark | $19.47M+0.2% | $19.46M+9.9% | $19.46M+21.7% | $19.45M+36.2% | $19.43M+54.5% | |
| Finland | $323.9M+22.9% | $321.08M+47.5% | $316.11M+84.4% | $289.84M+94.2% | $263.51M+107% | |
| France | $89M— | $78.76M— | $76.35M— | $73.88M— | —— | |
| Germany | $308.18M+95.9% | $312.62M+252% | $287.16M— | $225.6M— | $157.31M— | |
| Israel | $69.64M+249% | $69.53M+2,162% | $53M+1,843% | $36.47M+1,432% | $19.94M+881% | |
| Jersey | $230.01M— | —— | —— | —— | —— | |
| Luxembourg | $57.87M-70.4% | $27.31M-87.1% | $88.02M-50.1% | $141.74M-4.0% | $195.37M+65.9% | |
| Mid-Atlantic | $6.43B+5.7% | $6.44B+17.0% | $6.41B+31.9% | $6.29B+46.5% | $6.09B+57.9% | |
| Midwest | $5.48B-3.5% | $5.52B+3.5% | $5.57B+11.4% | $5.56B+19.1% | $5.68B+34.7% | |
| Netherlands | $56.26M-81.2% | $50.93M-85.7% | $134.26M-59.0% | $217.38M-30.2% | $299.5M+1.0% | |
| Northeast | $1.99B-26.3% | $2.1B-19.2% | $2.36B+1.7% | $2.6B+25.6% | $2.7B+45.9% | |
| Southeast | $6.94B+5.3% | $6.95B+17.2% | $6.93B+31.0% | $6.81B+43.6% | $6.59B+54.9% | |
| Southwest | $4.3B+8.8% | $4.35B+31.7% | $4.4B+67.4% | $4.39B+112% | $3.96B+112% | |
| Spain | $17.88M— | —— | —— | —— | —— | |
| Sweden | $141.48M+5.6% | $139.74M+18.1% | $138M+34.1% | $135.98M+54.9% | $133.92M+83.8% | |
| United Kingdom | $1.6B+4.3% | $1.61B+12.0% | $1.53B+7.8% | $1.53B+14.5% | $1.53B+24.1% | |
| West | $5.2B+3.1% | $5.28B+14.7% | $5.31B+26.3% | $5.1B+28.6% | $5.04B+39.5% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Golub Capital break its business down?
- Golub Capital (GBDC) reports investments, at fair value by geography across 19 parts — Australia, Canada, Denmark, Finland and France. Each is extracted from the segment footnotes and tracked over time.
- Where does Golub Capital's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Golub Capital's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.