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GlobeNewswire·

Fidus Investment Corporation Announces Third Quarter 2026 Financial Results

FDUS
  • Fidus Investment Corporation reported third quarter 2026 total investment income of $45.9 million & net investment income of $21.1 million ($0.54 per share).
  • Adjusted net investment income for the quarter was $21.0 million ($0.54 per share), representing 18% year-over-year growth.
  • The company invested $51.8 million in debt & equity securities while receiving $52.4 million from repayments & realizations.
  • Fidus paid total dividends of $0.50 per share on September 29, 2026, consisting of a $0.43 regular quarterly dividend & a $0.07 supplemental dividend.
  • Net asset value as of September 30, 2026, was $774.4 million ($19.47 per share), with estimated spillover taxable income of $37.7 million ($0.95 per share).
  • Interest income increased 27% year-over-year to $39.1 million, driven by higher average debt investment balances, partially offset by lower yields.
  • Total expenses for the quarter rose 24.6% to $24.8 million, primarily due to increased interest expenses & a higher base management fee.
  • The investment portfolio fair value reached $1.4 billion across 99 active portfolio companies, with a weighted average yield on debt investments of 12.6%.
  • Liquidity resources included $31.2 million in cash, $1.5 million in restricted cash, & $132.8 million in unused capacity under the SPV Credit Facility.
  • Outstanding debt totaled $609.5 million, including $289.5 million in SBA debentures, $120.0 million in June 2029 Notes, & $200.0 million in March 2030 Notes, with a weighted average interest rate of 5.8%.
  • The board declared fourth quarter 2026 dividends totaling $0.54 per share ($0.43 base & $0.11 supplemental) payable on December 29, 2026.
  • Subsequent events included the issuance of $8.0 million in SBA debentures, investments in CasePoint Solutions LLC & SnugZ/USA LLC, & a full repayment exit from Green Cubes Technology LLC.
  • An offer to exchange private placement June 2029 Notes for registered notes expired on October 16, 2026, & closed on October 20, 2026.
Company
Fidus Investment Corporation
Keywords
Nasdaq:FDUS, Fidus Investment Corporation