Goldman Sachs BDC, Inc. (GSBD) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GSBD SEC filings page.
This page shows Goldman Sachs BDC, Inc. (GSBD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Reported results behave like an investment vehicle: earnings and cash movements swing sharply while the asset base changes more gradually.
The 2025 earnings rebound reached$119M from$63M in FY2024, but operating cash flow of$326M was nearly matched in the opposite direction by financing cash flow of-$344M . That combination suggests the year's cash generation was largely absorbed by capital-structure activity rather than retained on the balance sheet.
The reported asset base was
Liabilities exceeded equity in FY2025, with
Financial Health Signals
Goldman Sachs BDC, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Goldman Sachs BDC, Inc. passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass.
For every $1 of reported earnings, Goldman Sachs BDC, Inc. generates $2.73 in operating cash flow ($325.7M OCF vs $119.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Goldman Sachs BDC, Inc. reported $23.7M in net income in Q2 2026. This represents a decrease of 39.7% from the same quarter a year earlier. Against the prior quarter it is up 273.7%.
Goldman Sachs BDC, Inc. earned $0.21 per diluted share (EPS) in Q2 2026. This represents a decrease of 38.2% from the same quarter a year earlier. Against the prior quarter it is up 275.0%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Goldman Sachs BDC, Inc. held $14.4M in cash against $1.9B in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Goldman Sachs BDC, Inc.'s ROE was 1.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.7 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
GSBD Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Income Tax | N/A | N/A | N/A | $907K-39.1% | $906K-27.1% | $1.3M+22.9% | N/A | $1.5M-0.9% |
| Net Income | $23.7M-39.7% | -$13.6M-143.2% | N/A | $24.7M-33.4% | $39.3M+172.5% | $31.6M-25.7% | N/A | $37.1M-28.1% |
| EPS (Basic) | $0.21-38.2% | -$0.12-144.4% | $0.21-36.4% | $0.22-31.3% | $0.34+172.3% | $0.27-30.8% | $0.33-28.3% | $0.32-31.9% |
| EPS (Diluted) | $0.21-38.2% | -$0.12-144.4% | $0.21-36.4% | $0.22-31.3% | $0.34+172.3% | $0.27-30.8% | $0.33-28.3% | $0.32-31.9% |
| Diluted Shares (Avg) | 113M-4.0% | 113M-4.0% | N/A | 114M-2.2% | 117M+2.5% | 117M+6.6% | N/A | 117M+6.8% |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense.
GSBD Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.3B-3.6% | $3.3B-4.6% | $3.4B-6.1% | $3.4B-4.5% | $3.4B-6.0% | $3.5B-1.2% | $3.6B+2.3% | $3.5B-0.4% |
| Cash & Equivalents | $14.4M-86.6% | $41.9M-49.4% | $43.2M-30.1% | $115.2M+117.5% | $108.0M+75.3% | $82.8M+58.2% | $61.8M+18.0% | $53.0M-30.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.9B+1.8% | $2.0B+0.9% | $2.0B-3.5% | $1.9B-1.5% | $1.9B-6.7% | $2.0B+2.1% | $2.0B+5.7% | $2.0B+0.1% |
| Long-Term Debt | $1.9B+2.9% | $1.9B+1.6% | $1.9B-2.7% | $1.8B-2.0% | $1.8B-7.5% | $1.9B+2.0% | $1.9B+5.5% | $1.9B0.0% |
| Total Equity | $1.4B-10.3% | $1.4B-11.5% | $1.4B-9.5% | $1.5B-8.3% | $1.5B-5.2% | $1.5B-5.1% | $1.6B-1.8% | $1.6B-0.9% |
| Retained Earnings | -$522.1M-24.0% | -$509.7M-27.9% | -$456.7M-22.2% | -$454.3M-28.0% | -$420.9M-24.0% | -$398.4M-71.3% | -$373.7M-66.4% | -$355.0M-70.1% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities.
GSBD Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $53.6M-69.3% | $10.4M-92.2% | -$29.9M-327.7% | $47.2M-54.6% | $174.5M+243.3% | $133.9M+1802.1% | $13.1M-84.1% | $104.1M-34.9% |
| Financing Cash Flow | -$81.1M+45.7% | -$11.7M+89.7% | -$42.1M-918.2% | -$40.1M+64.5% | -$149.2M-213.9% | -$113.0M-1512.9% | -$4.1M+96.1% | -$112.8M+10.1% |
| Share Buybacks | N/A | N/A | $15.0M | $26.5M | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid.
GSBD Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | 1.7%-0.9pp | -1.0%-3.0pp | N/A | 1.7%-0.6pp | 2.6%+6.0pp | 2.0%-0.6pp | N/A | 2.3%-0.9pp |
| Return on Assets | 0.7%-0.4pp | -0.4%-1.3pp | N/A | 0.7%-0.3pp | 1.1%+2.6pp | 0.9%-0.3pp | N/A | 1.1%-0.4pp |
| Debt-to-Equity | 1.36+0.2x | 1.39+0.2x | 1.32+0.1x | 1.27+0.1x | 1.190.0x | 1.21+0.1x | 1.22+0.1x | 1.180.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Goldman Sachs BDC, Inc. GSBD | FY2025 | N/A | $119.3M | N/A | $982.7M | — |
| P10, Inc. PX | FY2025 | $297.3M | $19.5M | 6.6% | $1.2B | 41/100 |
| Capital Southwest Corp CSWC | FY2026 | N/A | $135.5M | N/A | $1.5B | — |
| Prospect Capital Corporation PSEC | FY2026 | $9.0M | $153.7M | N/A | $870.1M | 10/100 |
| Oaktree Specialty Lending Corporation OCSL | FY2025 | N/A | $33.9M | N/A | $1.0B | — |
Where Goldman Sachs BDC, Inc. Ranks
Frequently Asked Questions
Is Goldman Sachs BDC, Inc. profitable?
Yes, Goldman Sachs BDC, Inc. (GSBD) reported a net income of $119.3M in fiscal year 2025.
How much debt does Goldman Sachs BDC, Inc. have?
As of fiscal year 2025, Goldman Sachs BDC, Inc. (GSBD) had $43.2M in cash and equivalents against $1.9B in long-term debt.
What is Goldman Sachs BDC, Inc.'s return on equity (ROE)?
Goldman Sachs BDC, Inc. (GSBD) has a return on equity of 8.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Goldman Sachs BDC, Inc.'s operating cash flow?
Goldman Sachs BDC, Inc. (GSBD) generated $325.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Goldman Sachs BDC, Inc.'s total assets?
Goldman Sachs BDC, Inc. (GSBD) had $3.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Goldman Sachs BDC, Inc.'s debt-to-equity ratio?
Goldman Sachs BDC, Inc. (GSBD) had a debt-to-equity ratio of 1.32 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Goldman Sachs BDC, Inc.'s return on assets (ROA)?
Goldman Sachs BDC, Inc. (GSBD) had a return on assets of 3.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Goldman Sachs BDC, Inc.'s P/E ratio?
Goldman Sachs BDC, Inc. (GSBD) trades at 8.2x earnings, its market capitalization divided by net income of $119.3M net income, FY2025. The market capitalization is $982.7M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Goldman Sachs BDC, Inc.'s price-to-sales ratio?
Goldman Sachs BDC, Inc. (GSBD) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $982.7M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Goldman Sachs BDC, Inc.'s Piotroski F-Score?
Goldman Sachs BDC, Inc. (GSBD) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Goldman Sachs BDC, Inc.'s earnings high quality?
Goldman Sachs BDC, Inc. (GSBD) has an earnings quality ratio of 2.73x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.