Goldman Sachs BDC, Inc. Reports March 31, 2026 Financial Results and Announces Second Quarterly 2026 Base Dividend of $0.32 Per Share.

About this update from Goldman Sachs Bdc, Inc.

NEW YORK, May 07, 2026 --( BUSINESS WIRE )--Goldman Sachs BDC, Inc. ("GSBD", the "Company", "we", "us", or "our") (NYSE: GSBD) today reported financial results for the first quarter ended March 31, 2026 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. QUARTERLY HIGHLIGHTS SELECTED FINANCIAL HIGHLIGHTS Total investment income for the three months ended March 31, 2026 and December 31, 2025 was $78.8 million and $86.1 million, respectively. The decrease in total investment income was primarily due to a decline in base interest rates and tightening of credit spreads. Net expenses before taxes for the three months ended March 31, 2026 and December 31, 2025 were $53.0 million and $43.0 million, respectively. Net expenses increased by $10.0 million, primarily driven by higher incentive fees due to the performance of the investment portfolio for the twelve quarters ended March 31, 2026, as compared to the twelve quarters ended December 31, 2025, as well as an increase in interest and other debt expenses. INVESTMENT ACTIVITY 2 The following table summarizes investment activity for the three months ended March 31, 2026: During the three months ended March 31, 2026, new investment commitments were across 6 new portfolio companies and 11 existing portfolio companies. Sales and repayments were primarily driven by full and partial repayments of our investments in 8 portfolio companies. PORTFOLIO SUMMARY 2 As of March 31, 2026, the Company’s investments consisted of the following: The following table presents certain selected information regarding the Company’s investments: During the quarter, two investments were placed on non-accrual status due to financial underperformance. As of March 31, 2026, investments on non-accrual status amounted to 3.2% and 4.7% of the total investment portfolio at fair value and amortized cost, respectively. LIQUIDITY AND CAPITAL RESOURCES As of March 31, 2026, the Company had $1,920.5 million aggregate principal amount of debt outstanding, comprised of $720.5 million of outstanding borrowings under its senior secured revolving credit facility ("Revolving Credit Facility"), with Truist Bank, as administrative agent, and Bank of America, N.A., as syndication agent, $400.0 million of unsecured notes due 2027, $400.0 million of unsecured notes due 2029 and $400.0 million of unsecured notes due 2030. As of March 31, 2026, the Company had $974.3 million of availability under its Revolving Credit Facility and $44.3 million in cash and cash equivalents. 3,10 The Company’s ending net debt-to-equity leverage ratio was 1.37x for the three months ended March 31, 2026, as compared to 1.27x for the three months ended December 31, 2025. 11 CONFERENCE CALL The Company will host an earnings conference call on Friday, May 8, 2026 at 9:00 am Eastern Time. All interested parties are invited to participate in the conference call by dialing (800) 289-0459; international callers should dial +1 (929) 477-0443; conference ID 427709. All participants are asked to dial in approximately 10-15 minutes prior to the call, and reference "Goldman Sachs BDC, Inc." when prompted. For a slide presentation that the Company may refer to on the earnings conference call, please visit the Investor Resources section of the Company’s website at www.goldmansachsbdc.com . An archived replay will be available on the Company’s webcast link located on the Investor Resources section of the Company’s website. Please direct any questions regarding the conference call to Goldman Sachs BDC, Inc. Investor Relations, via e-mail, at [email protected] . ENDNOTES ABOUT GOLDMAN SACHS BDC, INC. Goldman Sachs BDC, Inc. is a specialty finance company that has elected to be regulated as a business development company under the Investment Company Act of 1940. GSBD was formed by The Goldman Sachs Group, Inc. ("Goldman Sachs") to invest primarily in middle-market companies in the United States, and is externally managed by Goldman Sachs Asset Management, L.P., an SEC-registered investment adviser and a wholly-owned subsidiary of Goldman Sachs. GSBD seeks to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien, first lien/last-out unitranche and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments. For more information, visit www.goldmansachsbdc.com . Information on the website is not incorporated by reference into this press release and is provided merely for convenience. FORWARD-LOOKING STATEMENTS This press release may contain forward-looking statements that involve substantial risks and uncertainties. You can identify these statements by the use of forward-looking terminology such as "may," "will," "should," "expect," "anticipate," "project," "target," "estimate," "intend," "continue," or "believe" or the negatives thereof or other variations thereon or comparable terminology. You should read statements that contain these words carefully because they discuss our plans, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. These statements represent the Company’s belief regarding future events that, by their nature, are uncertain and outside of the Company’s control. Any forward-looking statement made by us in this press release speaks only as of the date on which we make it. Factors or events that could cause our actual results to differ, possibly materially from our expectations, include, but are not limited to, the risks, uncertainties and other factors we identify in the sections entitled "Risk Factors" and "Cautionary Statement Regarding Forward-Looking Statements" in filings we make with the Securities and Exchange Commission, and it is not possible for us to predict or identify all of them. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260507428696/en/ Contacts Goldman Sachs BDC, Inc. Investor Contact: John Psyllos, 212-902-1000 Media Contact: Victoria Zarella, 212-902-5400

View stock analysis, news, and events for Goldman Sachs Bdc, Inc.