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BBDC (Barings BDC, Inc.) Stock Financials & Earnings | Market Cap Arena
BBDC
Barings BDC, Inc.
Mkt Cap
$866M
Financial Services
·
Financial - Credit Services
·
🇺🇸 United States
·
NYSE
Revenue (TTM)
$229M
Net Income (TTM)
$102M
EPS (TTM)
$0.97
Free Cash Flow (TTM)
$250M
Gross Margin
80.4%
Op. Margin
64.9%
Net Margin
44.5%
FCF Margin
109.2%
P/S Ratio (TTM)
3.8x
P/E Ratio (TTM)
8.5x
YoY Rev Growth
+8.7%
Employees
—
Earnings Reports
▶
Q4 2025
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$67M
$67M
$47M
Q2 23
$75M
$75M
$55M
Q3 23
$71M
$71M
$56M
Q4 23
$76M
$76M
$57M
Q1 24
$70M
$70M
$51M
Q2 24
$43M
$22M
$20M
Q3 24
$48M
$25M
$23M
Q4 24
$50M
$29M
$27M
Q1 25
$55M
$35M
$33M
Q2 25
$46M
$24M
$21M
Q3 25
$71M
$57M
$48M
Q4 25
$57M
$69M
$47M
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Revenue Breakdown
BBDC
Barings BDC, Inc.
Revenue Breakdown
Q4 2025
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
3.6x
37.2x
Q2 23
3.3x
9.8x
Q3 23
3.1x
8.9x
Q4 23
3.0x
6.8x
Q1 24
3.0x
6.5x
Q2 24
3.3x
7.8x
Q3 24
3.7x
7.5x
Q4 24
4.1x
7.9x
Q1 25
4.4x
8.8x
Q2 25
4.4x
8.7x
Q3 25
3.9x
8.5x
Q4 25
3.8x
8.5x
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Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
-$92M
-$92M
Q2 23
$65M
$65M
Q3 23
-$35M
-$35M
Q4 23
$139M
$139M
Q1 24
$5M
$5M
Q2 24
$138M
$138M
Q3 24
$20M
$20M
Q4 24
-$45M
-$45M
Q1 25
-$8M
-$8M
Q2 25
$37M
$37M
Q3 25
$16M
$16M
Q4 25
$205M
$205M
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Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$0
Q2 23
$0
Q3 23
$0
Q4 23
$0
Q1 24
$0
Q2 24
$0
Q3 24
$0
Q4 24
$0
Q1 25
$0
Q2 25
$0
Q3 25
$0
Q4 25
$0
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+53.6%
+54.4%
Q2 23
+35.5%
+94.1%
Q3 23
+25.8%
+17.2%
Q4 23
+19.5%
+101.1%
Q1 24
+3.9%
-5.3%
Q2 24
-43.1%
+11.9%
Q3 24
-32.2%
+63.4%
Q4 24
-33.8%
+26.8%
Q1 25
-21.4%
+14.5%
Q2 25
+6.9%
+5.9%
Q3 25
+47.8%
-7.3%
Q4 25
+14.5%
-54.0%
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Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$0
0.0%
Q2 23
$0
0.0%
Q3 23
$0
0.0%
Q4 23
$0
0.0%
Q1 24
$0
0.0%
Q2 24
$0
0.0%
Q3 24
$0
0.0%
Q4 24
$0
0.0%
Q1 25
$0
0.0%
Q2 25
$0
0.0%
Q3 25
$0
0.0%
Q4 25
$0
0.0%
marketcaparena.com
OpEx Breakdown
G&A
Quarter
G&A
Q1 23
$20M
Q2 23
$21M
Q3 23
$15M
Q4 23
$19M
Q1 24
$19M
Q2 24
$2M
Q3 24
$2M
Q4 24
$2M
Q1 25
$2M
Q2 25
$2M
Q3 25
$16M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$55M
$0
$55M
Q2 23
$80M
$0
$80M
Q3 23
$50M
$0
$50M
Q4 23
$71M
$0
$71M
Q1 24
$51M
$0
$51M
Q2 24
$69M
$0
$69M
Q3 24
$63M
$0
$63M
Q4 24
$78M
$0
$78M
Q1 25
$93M
$0
$93M
Q2 25
$45M
$0
$45M
Q3 25
$70M
$0
$70M
Q4 25
$67M
$0
$67M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
108M
-0.6%
Q2 23
107M
-0.5%
Q3 23
107M
-0.8%
Q4 23
106M
-0.1%
Q1 24
106M
-0.3%
Q2 24
106M
-0.1%
Q3 24
106M
-0.2%
Q4 24
106M
-0.2%
Q1 25
105M
-0.1%
Q2 25
105M
-0.1%
Q3 25
105M
-0.1%
Q4 25
105M
+0.0%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
$4M
25
FY 15
$5M
26
FY 16
$4M
26
FY 17
$5M
27
FY 18
$40M
2
FY 19
$38M
2
FY 20
$18M
2
FY 21
$60M
2
FY 22
$110M
2
FY 23
$145M
2
FY 24
$105M
2
FY 25
$124M
2
marketcaparena.com