PSEC

MKT CAP:$1B

Prospect Capital Corporation

Market Cap

$1B

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

Financials·Asset Management·🇺🇸·NASDAQ

Stock Price

$2.71+$0.10 (+3.83%)

Apr 23, 2026

Company Details

Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth ca...

CEO

John Francis Barry

IPO Date

Jul 27, 2004

Website

www.prospectstreet.com

Key Metrics TTM

Revenue

-$64M

-126.6% YoY

Net Income

-$234M

EPS (Diluted)

-$0.75

Free Cash Flow

$436M

Revenue / Share

-$0.14

Gross Margin

285.5%

Operating Margin

364.2%

Net Margin

364.2%

FCF Margin

-677.4%

P/S

—

P/E

—

Earnings Reports

Q3 2026

May 7, 2026

PENDING

Q2 2026

Feb 9, 2026

$57M+18.6%EPS -$0.01

Q1 2026

Nov 6, 2025

$121M+247.9%EPS $0.15

FY 2025

Aug 26, 2025

-$277M-159.2%EPS -$1.35

Q4 2025

Aug 26, 2025

-$150M-286.3%EPS -$0.50

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 22	$203M	$177M	$164M
Q4 22	-$11M	-$39M	-$47M
Q1 23	-$49M	-$81M	-$92M
Q2 23	$117M	$82M	$72M
Q3 23	-$36M	-$70M	-$89M
Q4 23	$55M	$18M	$8M
Q1 24	$162M	$125M	$117M
Q2 24	$29M	-$8M	-$28M
Q3 24	$196M	$159M	$144M
Q4 24	$80M	$44M	$30M
Q1 25	-$82M	-$117M	-$134M
Q2 25	$48M	$15M	-$66.0K
Q3 25	-$93M	-$124M	-$140M
Q4 25	-$150M	-$180M	-$196M
Q1 26	$121M	$92M	$78M
Q2 26	$57M	$29M	$24M

Valuation

Quarter	P/S	P/E
Q3 22	1.3x	1.5x
Q4 22	1.8x	2.3x
Q1 23	3.0x	4.8x
Q2 23	5.1x	13.7x
Q3 23	61.0x	—
Q4 23	15.2x	—
Q1 24	4.4x	12.4x
Q2 24	6.3x	178.6x
Q3 24	3.0x	5.5x
Q4 24	2.8x	5.1x
Q1 25	6.0x	109.2x
Q2 25	5.5x	33.3x
Q3 25	—	—
Q4 25	—	—
Q1 26	—	—
Q2 26	—	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 22	-$288M	-$288M
Q4 22	-$206M	-$206M
Q1 23	-$77M	-$77M
Q2 23	-$121M	-$121M
Q3 23	$96M	$96M
Q4 23	-$120M	-$120M
Q1 24	$95M	$95M
Q2 24	$79M	$79M
Q3 24	-$22M	-$22M
Q4 24	$128M	$128M
Q1 25	$174M	$174M
Q2 25	$279M	$279M
Q3 25	$79M	$79M
Q4 25	-$8M	-$8M
Q1 26	$279M	$279M
Q2 26	$86M	$86M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 22	-31.8%	-24.3%
Q4 22	-103.8%	-9.9%
Q1 23	-119.3%	+4.8%
Q2 23	-60.1%	+11.5%
Q3 23	-117.5%	+37.2%
Q4 23	+602.0%	+28.8%
Q1 24	+432.0%	+5.3%
Q2 24	-75.3%	+26.2%
Q3 24	+650.3%	-4.0%
Q4 24	+46.9%	+7.7%
Q1 25	-150.5%	+13.3%
Q2 25	+66.1%	-15.1%
Q3 25	-147.6%	-8.8%
Q4 25	-286.3%	-8.8%
Q1 26	+247.9%	-16.2%
Q2 26	+18.6%	-30.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 22	$0	0.0%
Q4 22	$0	—
Q1 23	$0	—
Q2 23	$0	0.0%
Q3 23	$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	—
Q2 25	$0	0.0%
Q3 25	$0	—
Q4 25	$0	—
Q1 26	$0	0.0%
Q2 26	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q3 22	$9M
Q4 22	$6M
Q1 23	$10M
Q2 23	$7M
Q3 23	$16M
Q4 23	$8M
Q1 24	$5M
Q2 24	$17M
Q3 24	$11M
Q4 24	$11M
Q1 25	$12M
Q2 25	$10M
Q3 25	$11M
Q4 25	$12M
Q1 26	$10M
Q2 26	$3M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$36M	$0	$36M
Q4 22	$31M	$0	$31M
Q1 23	$43M	$0	$43M
Q2 23	$70M	$0	$70M
Q3 23	$61M	$0	$61M
Q4 23	$91M	$0	$91M
Q1 24	$64M	$0	$64M
Q2 24	$93M	$0	$93M
Q3 24	$49M	$0	$49M
Q4 24	$82M	$0	$82M
Q1 25	$54M	$0	$54M
Q2 25	$58M	$0	$58M
Q3 25	$52M	$0	$52M
Q4 25	$47M	$0	$47M
Q1 26	$83M	$0	$83M
Q2 26	$34M	$0	$34M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 22	433M	+3.6%	+11.1%
Q4 22	472M	+9.1%	+22.7%
Q1 23	394M	-16.5%	-3.6%
Q2 23	547M	+38.8%	+31.0%
Q3 23	400M	-27.0%	-7.6%
Q4 23	404M	+1.1%	-14.4%
Q1 24	405M	+0.2%	+2.6%
Q2 24	411M	+1.5%	-24.9%
Q3 24	418M	+1.7%	+4.5%
Q4 24	425M	+1.7%	+5.2%
Q1 25	429M	+0.9%	+6.0%
Q2 25	437M	+1.8%	+6.3%
Q3 25	443M	+1.5%	+6.1%
Q4 25	456M	+2.8%	+7.3%
Q1 26	440M	-3.4%	+2.7%
Q2 26	472M	+7.3%	+8.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 22	$68M	3
Q4 22	-$4M	3
Q1 23	-$16M	3
Q2 23	$39M	3
Q3 23	-$12M	3
Q4 23	$18M	3
Q1 24	$54M	3
Q2 24	$10M	3
Q3 24	$65M	3
Q4 24	$27M	3
Q1 25	-$27M	3
Q2 25	$16M	3
Q3 25	-$31M	3
Q4 25	-$50M	3
Q1 26	$40M	3
Q2 26	$19M	3

Revenue / Employee