BCSFBain Capital Specialty Finance, Inc.

$819M

Q1 2025 Earnings

Financial Services Asset Management

Income Statement

Revenue

$52M-9.7% YoY

Gross Profit

$33M63.6% margin

Operating Income

$30M57.0% margin

Net Income

$29M54.9% margin

EPS (Diluted)

$0.50

QoQ Revenue Growth

+8.3%

Cash Flow

Operating Cash Flow

$46M

Free Cash Flow

$46M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.5B

Stockholders' Equity

$1.1B

Cash & Equivalents

$38M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$58M	-9.7%
Gross Profit	$33M	$40M	-16.3%
Operating Income	$30M	$36M	-18.0%
Net Income	$29M	$35M	-18.7%

BCSF Q1 2025 Earnings — Bain Capital Specialty Finance, Inc. Revenue & Financial Results | Market Cap Arena