BCSF (Bain Capital Specialty Finance, Inc.) Stock Financials & Earnings | Market Cap Arena

BCSF (Bain Capital Specialty Finance, Inc.) Stock Financials & Earnings | Market Cap Arena

BCSFBain Capital Specialty Finance, Inc.

Mkt Cap$819M

Financial Services·Asset Management·🇺🇸 United States·NYSE

Revenue (TTM)$239M

Net Income (TTM)$99M

EPS (TTM)$1.59

Free Cash Flow (TTM)$86M

Gross Margin76.9%

Op. Margin51.1%

Net Margin41.3%

FCF Margin35.9%

P/S Ratio (TTM)3.4x

P/E Ratio (TTM)8.3x

YoY Rev Growth+12.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$52M	$32M	$30M
Q2 23	$53M	$32M	$30M
Q3 23	$58M	$38M	$34M
Q4 23	$55M	$36M	$32M
Q1 24	$58M	$40M	$36M
Q2 24	$52M	$34M	$30M
Q3 24	$56M	$38M	$34M
Q4 24	$48M	$27M	$23M
Q1 25	$52M	$33M	$30M
Q2 25	$49M	$28M	$25M
Q3 25	$43M	$22M	$20M
Q4 25	$95M	$101M	$48M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	4.7x	8.1x
Q2 23	4.2x	7.2x
Q3 23	3.6x	6.0x
Q4 23	3.8x	6.6x
Q1 24	3.7x	6.3x
Q2 24	3.7x	6.3x
Q3 24	3.7x	6.4x
Q4 24	3.8x	6.9x
Q1 25	4.0x	7.3x
Q2 25	4.0x	7.6x
Q3 25	4.3x	8.8x
Q4 25	3.4x	8.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$36M	$36M
Q2 23	$28M	$28M
Q3 23	$38M	$38M
Q4 23	$25M	$25M
Q1 24	$45M	$45M
Q2 24	$30M	$30M
Q3 24	$33M	$33M
Q4 24	$5M	$5M
Q1 25	$46M	$46M
Q2 25	$28M	$28M
Q3 25	$9M	$9M
Q4 25	$3M	$3M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+12.0%	+73.9%
Q2 23	+74.1%	+72.0%
Q3 23	+103.8%	+35.9%
Q4 23	-13.6%	+19.1%
Q1 24	+11.1%	-2.2%
Q2 24	-2.5%	-5.6%
Q3 24	-4.6%	-9.8%
Q4 24	-12.5%	+8.0%
Q1 25	-9.7%	+4.1%
Q2 25	-4.2%	+15.4%
Q3 25	-23.4%	+7.2%
Q4 25	+98.2%	+90.2%

Stock-Based Compensation

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%

OpEx Breakdown

Quarter	G&A
Q1 23	$2M
Q2 23	$2M
Q3 23	$3M
Q4 23	$4M
Q1 24	$3M
Q2 24	$4M
Q3 24	$3M
Q4 24	$4M
Q1 25	$3M
Q2 25	$3M
Q3 25	$3M
Q4 25	$11.3B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$30M	$0	$30M
Q2 23	$92M	$55K	$92M
Q3 23	$79M	$0	$79M
Q4 23	$49M	$0	$49M
Q1 24	$122M	$0	$122M
Q2 24	$31M	$0	$31M
Q3 24	$30M	$0	$30M
Q4 24	$54M	$0	$54M
Q1 25	$38M	$0	$38M
Q2 25	$38M	$0	$38M
Q3 25	$67M	$0	$67M
Q4 25	$55.8B	$0	$55.8B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	65M	+0.0%
Q2 23	65M	+0.0%
Q3 23	65M	+0.0%
Q4 23	65M	+0.0%
Q1 24	65M	+0.0%
Q2 24	65M	+0.0%
Q3 24	65M	-0.0%
Q4 24	65M	+0.0%
Q1 25	65M	+0.2%
Q2 25	65M	+0.3%
Q3 25	65M	+0.0%
Q4 25	65M	-0.1%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 16	$4K	500
FY 17	$49K	500
FY 18	$147K	500
FY 19	$322K	500
FY 20	$154K	500
FY 21	$351K	500
FY 22	$338K	500
FY 23	$436K	500
FY 24	$426K	500
FY 25	$478K	500