SLRC

MKT CAP:$854M

SLR Investment Corp.

Market Cap

$854M

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

Financials·Asset Management·🇺🇸·NASDAQ

Stock Price

$16.13+$0.70 (+4.54%)

Apr 17, 2026

Company Details

SLR Investment Corp. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, leveraged buyouts, acquisitions, recapitalizations, general refinan...

CEO

Michael Stuart Gross

IPO Date

Feb 9, 2010

Website

slrinvestmentcorp.com

Key Metrics TTM

Revenue

$167M

-7.7% YoY

Net Income

$90M

EPS (Diluted)

$1.65

Free Cash Flow

$197M

Revenue / Share

$3.07

Gross Margin

59.7%

Operating Margin

53.8%

Net Margin

53.8%

FCF Margin

118.0%

P/S

5.1x

P/E

9.5x

Earnings Reports

Q4 2025

May 5, 2026

PENDING

Q3 2025

Nov 4, 2025

$45M+4.1%EPS $0.43

Q2 2025

Aug 5, 2025

$43M-1.3%EPS $0.44

Q1 2025

May 7, 2025

$38M-21.4%EPS $0.37

FY 2024

Feb 25, 2025

$176M+10.9%EPS $1.76

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$18M	$9M	$6M
Q1 22	$14M	$5M	$1M
Q2 22	-$5M	-$15M	-$16M
Q3 22	$28M	$15M	$14M
Q4 22	$37M	$23M	$19M
Q1 23	$25M	$10M	$7M
Q2 23	$39M	$21M	$19M
Q3 23	$49M	$30M	$27M
Q4 23	$46M	$26M	$24M
Q1 24	$48M	$30M	$28M
Q2 24	$44M	$26M	$23M
Q3 24	$44M	$25M	$22M
Q4 24	$41M	$25M	$23M
Q1 25	$38M	$22M	$20M
Q2 25	$43M	$27M	$24M
Q3 25	$45M	$27M	$23M

Valuation

Quarter	P/S	P/E
Q4 21	8.6x	14.3x
Q1 22	10.4x	21.6x
Q2 22	17.3x	161.0x
Q3 22	15.6x	156.4x
Q4 22	11.5x	46.6x
Q1 23	10.0x	36.0x
Q2 23	6.6x	14.6x
Q3 23	5.7x	11.9x
Q4 23	5.4x	11.2x
Q1 24	4.7x	8.8x
Q2 24	4.6x	8.4x
Q3 24	4.7x	8.8x
Q4 24	4.8x	8.9x
Q1 25	5.1x	9.7x
Q2 25	5.2x	9.6x
Q3 25	5.1x	9.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	-$164M	-$164M
Q1 22	$304M	$304M
Q2 22	-$225M	-$225M
Q3 22	-$228M	-$228M
Q4 22	$240M	$240M
Q1 23	$10M	$10M
Q2 23	-$70M	-$70M
Q3 23	$39M	$39M
Q4 23	$20M	$20M
Q1 24	$7M	$7M
Q2 24	$3M	$3M
Q3 24	$137M	$137M
Q4 24	$162M	$162M
Q1 25	$68M	$68M
Q2 25	-$79M	-$79M
Q3 25	$46M	$46M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	-35.7%	+25.7%
Q1 22	-55.9%	+26.4%
Q2 22	-117.3%	+16.7%
Q3 22	+24.2%	+57.3%
Q4 22	+111.5%	+58.8%
Q1 23	+81.6%	+47.7%
Q2 23	+914.2%	+85.9%
Q3 23	+75.2%	+53.1%
Q4 23	+22.2%	+20.0%
Q1 24	+93.1%	+12.3%
Q2 24	+12.3%	+2.8%
Q3 24	-11.9%	-4.4%
Q4 24	-10.5%	-17.3%
Q1 25	-21.4%	-11.7%
Q2 25	-1.3%	-7.6%
Q3 25	+4.1%	+2.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$0	0.0%
Q1 22	$0	0.0%
Q2 22	$0	—
Q3 22	$0	0.0%
Q4 22	$0	0.0%
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%

OpEx Breakdown

Quarter	G&A
Q4 21	$3M
Q1 22	$4M
Q2 22	$2M
Q3 22	$2M
Q4 22	$4M
Q1 23	$3M
Q2 23	$2M
Q3 23	$3M
Q4 23	$2M
Q1 24	$2M
Q2 24	$3M
Q3 24	$3M
Q4 24	$2M
Q1 25	$2M
Q2 25	$2M
Q3 25	$3M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$589M	$0	$589M
Q2 22	$378M	$0	$378M
Q3 22	$277M	$0	$277M
Q4 22	$428M	$0	$428M
Q1 23	$444M	$0	$444M
Q2 23	$348M	$0	$348M
Q3 23	$343M	$0	$343M
Q4 23	$344M	$0	$344M
Q1 24	$308M	$0	$308M
Q2 24	$285M	$0	$285M
Q3 24	$346M	$0	$346M
Q4 24	$414M	$0	$414M
Q1 25	$467M	$0	$467M
Q2 25	$373M	$0	$373M
Q3 25	$394M	$0	$394M
Q4 25	$16M	$0	$16M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	42M	0.0%	0.0%
Q1 22	42M	0.0%	0.0%
Q2 22	55M	+29.6%	+29.6%
Q3 22	55M	0.0%	+29.6%
Q4 22	55M	-0.4%	+29.1%
Q1 23	55M	-0.0%	+29.1%
Q2 23	55M	-0.0%	-0.4%
Q3 23	55M	0.0%	-0.4%
Q4 23	55M	0.0%	-0.0%
Q1 24	55M	0.0%	-0.0%
Q2 24	55M	0.0%	0.0%
Q3 24	55M	+0.0%	+0.0%
Q4 24	54M	-0.1%	-0.1%
Q1 25	55M	+0.1%	+0.0%
Q2 25	55M	-0.0%	0.0%
Q3 25	55M	0.0%	-0.0%

Shares Outstanding