Every 10-Q that Great Elm Capital Corp (GECC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow GECC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GECC filings page.
Great Elm Capital Corp. is a business development company focused on secured debt and income‑generating equity in middle‑market borrowers, specialty finance platforms and CLO equity. The investment portfolio’s fair value was 268,286 (in thousands) at June 30, 2026, down from 298,268 (in thousands) at December 31, 2025, with largest exposures to structured finance, specialty finance, technology and consumer products.
For the six months ended June 30, 2026, total investment income was 20,440 (in thousands), below 26,772 (in thousands) a year earlier as lower average coupon rates and a smaller debt portfolio reduced interest income. Net expenses fell to 10,780 (in thousands), helped by the adviser’s waiver of 3.7 million of previously accrued incentive fees, which increased net income and net asset value.
GECC reported net realized gains of 5,575 (in thousands), mainly from Stone Ridge Opportunities Fund LP, CW Opportunity 2 LP and American Coastal Insurance Corp. securities. It also recorded net unrealized depreciation of 9,379 (in thousands), driven by declines in CLO JV, Universal Fiber Systems and Great Elm Specialty Finance, partly offset by recoveries on Del Monte Foods and other positions. The debt portfolio’s weighted average yield was 11.10% at quarter‑end, including non‑accruals.
Great Elm Capital Corp. reports softer first-quarter 2026 results as its investment portfolio shrinks and unrealized losses rise. Total investment income was $9.5 million, down from $12.5 million a year earlier, reflecting a smaller, lower-yielding debt book. Total expenses were $4.5 million, but advisory costs turned negative after the external manager waived $2.8 million of accrued incentive fees, boosting net income and net asset value.
The portfolio’s fair value declined to $267.2 million from $298.3 million at year-end 2025, with a weighted average debt yield of 11.56%. Realized gains of $2.6 million were offset by $8.4 million of net unrealized depreciation, driven primarily by CLO and Universal Fiber holdings. Liquidity included $9.6 million in money market investments, and notes payable totaled $174.0 million, mainly maturing between three and five years.
Great Elm Capital Corp. filed its quarterly report for the period ended September 30, 2025. The filing lists a broad schedule of investments spanning first- and second‑lien secured loans, secured and unsecured bonds, CLO equity, private funds, common equity and warrants across multiple industries including chemicals, technology, consumer services, metals & mining, retail, transportation, insurance and restaurants.
Many debt positions reference floating benchmarks such as 1‑month, 3‑month, and 6‑month SOFR or Prime, often with stated spreads, interest rate floors and cash/PIK components, with maturities extending into 2031. GECC’s securities are listed on the Nasdaq Global Market, including common stock GECC and notes GECCO, GECCI, GECCH, and GECCG. As of October 29, 2025, 13,998,168 common shares were outstanding.