Barings BDC, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Barings BDC, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $101.92M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $110.29M | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $128.00M | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $4.68M | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | $77.69M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $8.18M | Feb 23, 2023 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $160.54M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $122.16M | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $76.94M | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $86.27M | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | ($396.55M) | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | ($218.13M) | Feb 23, 2023 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.64B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $2.70B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $2.68B | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $2.71B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $2.16B | Feb 23, 2023 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.48B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $1.51B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $1.48B | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $1.52B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $1.42B | Feb 23, 2023 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.16B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $1.19B | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $1.20B | Feb 19, 2026 |
| FY2025 | Dec 31, 2022 | $1.19B | Feb 19, 2026 |
| FY2024 | Dec 31, 2021 | $741.93M | Feb 20, 2025 |
| FY2023 | Dec 31, 2020 | $717.81M | Feb 22, 2024 |
| FY2022 | Dec 31, 2019 | $570.88M | Feb 23, 2023 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($702.26M) | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | ($656.73M) | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | ($658.00M) | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | ($663.75M) | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | ($285.82M) | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | ($309.97M) | Feb 23, 2023 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.20B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $1.01B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $720.58M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $718.98M | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $717.56M | Feb 23, 2023 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 19, 2026 |
| FY2025 | Sep 30, 2025 | 0 | Feb 19, 2026 |
| FY2025 | Jun 30, 2025 | 0 | Feb 19, 2026 |
| FY2025 | Mar 31, 2025 | 0 | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 19, 2026 |
| FY2025 | Sep 30, 2024 | 0 | Feb 19, 2026 |
| FY2025 | Jun 30, 2024 | 0 | Feb 19, 2026 |
| FY2025 | Mar 31, 2024 | 0 | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Feb 20, 2025 |
| FY2024 | Sep 30, 2023 | 0 | Feb 20, 2025 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 19, 2026 |
| FY2025 | Sep 30, 2025 | 0 | Feb 19, 2026 |
| FY2025 | Jun 30, 2025 | 0 | Feb 19, 2026 |
| FY2025 | Mar 31, 2025 | 0 | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 19, 2026 |
| FY2025 | Sep 30, 2024 | 0 | Feb 19, 2026 |
| FY2025 | Jun 30, 2024 | 0 | Feb 19, 2026 |
| FY2025 | Mar 31, 2024 | 0 | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Feb 20, 2025 |
| FY2024 | Sep 30, 2023 | 0 | Feb 20, 2025 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 104.71M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | 105.41M | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | 106.07M | Feb 19, 2026 |
| FY2025 | Dec 31, 2022 | 107.92M | Feb 19, 2026 |
| FY2025 | Dec 31, 2021 | 65.32M | Feb 19, 2026 |
| FY2025 | Dec 31, 2020 | 65.32M | Feb 19, 2026 |
| FY2025 | Dec 31, 2019 | 48.95M | Feb 19, 2026 |
| FY2025 | Dec 31, 2018 | 51.28M | Feb 19, 2026 |
| FY2025 | Dec 31, 2017 | 47.74M | Feb 19, 2026 |
| FY2025 | Dec 31, 2016 | 40.40M | Feb 19, 2026 |