MFIC (MidCap Financial Investment Corporation) Stock Financials & Earnings | Market Cap Arena

MFIC (MidCap Financial Investment Corporation) Stock Financials & Earnings | Market Cap Arena

MFICMidCap Financial Investment Corporation

Mkt Cap$957M

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

Revenue (TTM)$244M

Net Income (TTM)$63M

EPS (TTM)$0.66

Free Cash Flow (TTM)$117M

Gross Margin93.8%

Op. Margin53.4%

Net Margin25.9%

FCF Margin47.8%

P/S Ratio (TTM)3.9x

P/E Ratio (TTM)15.2x

YoY Rev Growth+7.8%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$58M	$33M	$30M
Q2 23	$55M	$29M	$25M
Q3 23	$60M	$34M	$30M
Q4 23	$65M	$38M	$33M
Q1 24	$55M	$29M	$25M
Q2 24	$52M	$25M	$23M
Q3 24	$62M	$30M	$27M
Q4 24	$58M	$27M	$24M
Q1 25	$62M	$32M	$30M
Q2 25	$53M	$20M	$18M
Q3 25	$64M	$51M	$60M
Q4 25	$65M	$126M	$22M

Valuation

Quarter	P/S	P/E
Q1 23	5.2x	18.0x
Q2 23	4.4x	13.1x
Q3 23	4.1x	11.0x
Q4 23	4.0x	8.1x
Q1 24	4.1x	8.4x
Q2 24	4.1x	8.6x
Q3 24	4.1x	8.9x
Q4 24	4.2x	9.7x
Q1 25	4.1x	9.2x
Q2 25	4.1x	9.6x
Q3 25	4.0x	9.6x
Q4 25	3.9x	15.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$46M	$46M
Q2 23	$8M	$8M
Q3 23	$64M	$64M
Q4 23	$78M	$78M
Q1 24	$9M	$9M
Q2 24	-$64M	-$64M
Q3 24	-$10M	-$10M
Q4 24	$55M	$55M
Q1 25	-$131M	-$131M
Q2 25	-$91M	-$91M
Q3 25	$166M	$166M
Q4 25	$173M	$173M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+162.2%	+55.8%
Q2 23	+116.9%	+49.8%
Q3 23	+52.3%	+28.4%
Q4 23	+2.2%	+150.7%
Q1 24	-5.4%	+5.5%
Q2 24	-4.6%	+1.2%
Q3 24	+2.9%	+16.6%
Q4 24	-11.1%	+6.5%
Q1 25	+13.5%	+8.7%
Q2 25	+1.6%	+17.8%
Q3 25	+3.0%	-89.2%
Q4 25	+12.9%	+28.7%

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	$4M
Q2 23	$4M
Q3 23	$4M
Q4 23	$5M
Q1 24	$3M
Q2 24	$3M
Q3 24	$3M
Q4 24	$3M
Q1 25	$2M
Q2 25	$3M
Q3 25	$2K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$70M	$0	$70M
Q2 23	$50M	$0	$50M
Q3 23	$43M	$0	$43M
Q4 23	$122M	$0	$122M
Q1 24	$50M	$0	$50M
Q2 24	$67M	$0	$67M
Q3 24	$85M	$0	$85M
Q4 24	$76M	$0	$76M
Q1 25	$85M	$0	$85M
Q2 25	$72M	$0	$72M
Q3 25	$63M	$0	$63M
Q4 25	$99M	$0	$99M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	65M	+1.7%
Q2 23	65M	-0.1%
Q3 23	65M	-0.2%
Q4 23	65M	+0.1%
Q1 24	65M	-0.1%
Q2 24	65M	+0.0%
Q3 24	65M	+0.0%
Q4 24	86M	+31.5%
Q1 25	94M	+9.2%
Q2 25	94M	+0.0%
Q3 25	93M	-0.4%
Q4 25	92M	-1.2%