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Main Street Capital MAIN Administrative services fees — Total revenues before waivers

Other product segments

Management Service, Base
$6.07M+5.5%
Incentive fees
$4M+48.8%

Similar metrics at other companies

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FHIAdministrative Service Fees, net—Affiliates — Total Revenue
$110.29M+9.1%
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OWLAdministrative, transaction and other fees — Revenue
$56.64M+9.7%
Victory Capital Holdings, Inc. logo
VCTRFund Administration Fee — Revenue
$32.92M+22.6%
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FHIOther Service Fees, net — Total Revenue
$44.79M+45.1%
Ares Management Corporation logo
ARESAdministrative, transaction and other fees — Total revenues
$97.95M+69.2%
Nelnet logo
NNIAdministration/sponsor fee income — Revenue
$1.34M-9.3%

Other financials

Income statement

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Net income$49.0M-57.8%
EPS (diluted)$0.93-4.1%

Balance sheet

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Cash & equivalents$20.8M-81.0%
Total debt$2.5B+12.3%
Total equity$3.1B+8.9%
Total assets$5.8B+10.5%

Cash flow

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Operating cash flow-$138.5M-579%

Valuation

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Market cap$4.74B-4.7%
Enterprise value$7.25B+1.8%
P/E11.1×+1.5×

Returns & leverage

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Return on equity14.4%-4.9pp
Debt / equity0.8×0.0×

Where this comes from

Reported directly by Main Street Capital in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: Main Street Capital’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Main Street Capital's administrative services fees — total revenues before waivers?
Main Street Capital (MAIN) reported administrative services fees — total revenues before waivers of $186K in Q1 2026.
How has Main Street Capital's administrative services fees — total revenues before waivers changed year-over-year?
Main Street Capital's administrative services fees — total revenues before waivers increased by 6.9% year-over-year, from $174K to $186K.
What is the long-term trend for Main Street Capital's administrative services fees — total revenues before waivers?
Over 3 years (2022 to 2025), Main Street Capital's administrative services fees — total revenues before waivers has grown at a 5.0% compound annual growth rate (CAGR), from $605K to $701K.
What does administrative services fees — total revenues before waivers mean?
This metric represents the gross revenue generated from providing administrative, management, or advisory services to external entities, such as investment funds or portfolio companies, prior to any fee waivers or credits. It reflects the scale and demand for the firm's specialized operational and management expertise provided to third parties. Monitoring this figure helps investors assess the firm's ability to monetize its internal capabilities as a distinct, recurring revenue stream independent of investment portfolio performance.