Earnings Releases·Oct 29, 2026, 4:31 PM ET

OFS Capital Corporation — Third Quarter 2026 Earnings Summary

Net loss per share was $(0.86) for the quarter, a significant deterioration from $0.42 in the prior quarter, driven by a $0.89 net loss on investments and a decline in net investment income to $0.05 per share.
Net asset value (NAV) per share declined to $7.38 from $8.41, while total debt decreased to $154.4 million following the redemption of $20.0 million in notes and $11.4 million in net repayments.
Strategic capital events included the sale of 56.62% of SBIC I LP interests for $52.3 million, resulting in the subsidiary no longer being wholly owned, alongside a Q4 distribution declaration of $0.17 per share.
The portfolio faces credit headwinds with non-accrual loans representing 9.3% of total investments ($23.4 million), and the company faces unpredictable litigation risks regarding a challenge to a transaction involving SBIC I LP.
No forward guidance was provided; however, the company maintains a regulatory asset coverage ratio of 164% and holds $3.1 million in cash and cash equivalents.