Bain Capital Specialty Finance, Inc. Financial Summary

Complete Filing Data

Bain Capital Specialty Finance, Inc. reported Investment Company Dividend Distribution of $126.49 million for FY2025.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Bain Capital Specialty Finance, Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Net Income *$98.8M$119.4M$123.4M$105.5M$119.8M$8.3M
Other General And Administrative Expense$8.4M$10.1M$8.0M$5.8M$5.0M$5.4M
Interest Expense$80.6M$74.7M$80.0M$52.3M$51.3M$63.3M
Income Taxes Paid Net$3.3M$2.2M$834.0K$134.0K$237.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021Q4 2020Q3 2020Q2 2020Q1 2020
Net Income *$27.8M$18.7M$23.7M$28.5M$22.1M$33.1M$29.1M$35.1M$31.1M$33.9M$29.2M$29.3M$43.5M$11.1M$17.2M$33.7M$22.3M$23.3M$42.4M$31.8M$39.5M$51.5M$21.8M-$104.4M
Other General And Administrative Expense$2.0M$1.9M$2.6M$2.5M$2.5M$2.4M$2.2M$1.5M$1.7M$1.4M$1.5M$1.4M$1.4M
Interest Expense$20.3M$21.8M$18.9M$18.1M$17.6M$18.1M$20.8M$20.5M$19.6M$14.4M$11.0M$10.6M$12.3M
Income Taxes Paid Net$3.3M$2.2M$834.0K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Stockholders Equity *$1.12B$1.14B$1.14B$1.12B$1.10B$1.07B$1.02B
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$58.9M$99.1M$112.5M$125.7M$203.6M$81.7M$68.8M
Assets Net$1.12B$1.14B$1.14B$1.12B$1.10B$1.07B$1.02B$1.00B$507.0M$110.3M
Stockholders Equity Period Increase Decrease-$22.3M$3.2M$20.1M$16.4M$32.0M$49.6M
Cash Held In Foreign Currency$3.2M$2.0M$6.4M$29.6M$30.0M$972.0K
Restricted Cash$32.7M$45.5M$63.1M$66.0M$86.2M$27.0M
Amortization Of Debt Discount Premium-$5.2M-$5.1M-$5.3M-$4.9M-$5.7M-$5.9M
Repayments Of Long Term Debt$1.23B$735.3M$480.0M$462.2M$1.46B$710.8M
Debt And Equity Securities Unrealized Gain Loss$21.6M-$12.3M$29.5M-$10.7M$16.0M-$28.0M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect-$42.4M-$12.8M-$12.2M-$78.5M$126.9M$12.9M
Cash$23.1M$51.6M$43.0M$30.2M$87.4M
Restricted Cash And Cash Equivalents$32.7M$45.5M$63.1M$66.0M$86.2M
Receivable Investment Sale$28.9M$37.8M$4.3M$18.2M$30.3M
Payable Investment Purchase$2.1M$29.5M$11.5M$34.3M$7.6M
Management Fee Payable$9.4M$9.2M$8.9M$8.9M$8.8M
Liabilities And Stockholders Equity$2.66B$2.63B$2.47B$2.59B$2.57B
Incentive Fee Payable$5.9M$4.7M$7.3M$9.2M$4.7M
Dividends Receivable$5.4M$5.7M$9.4M$13.7M$18.4M
Distribution Payable$9.7M$29.1M$27.1M$23.2M$22.0M
Deferred Offering Costs$3.5M$4.6M$2.8M$3.7M$2.2M
Deferred Finance Costs Net$10.1M$4.9M$7.6M$10.2M$15.7M
Common Stock Value$65.0K$65.0K$65.0K$65.0K$65.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021
Stockholders Equity *$1.13B$1.14B$1.14B$1.15B$1.14B$1.14B$1.13B$1.13B$1.12B$1.10B$1.11B$1.11B$1.10B$1.10B
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$86.8M$174.5M$94.0M$59.8M$98.1M$122.5M$105.4M$128.6M$81.1M$58.8M$68.9M$114.8M$92.9M
Assets Net$1.13B$1.14B$1.14B$1.15B$1.14B$1.14B$1.13B$1.13B$1.12B$1.10B$1.1M$1.1M
Stockholders Equity Period Increase Decrease-$10.5M-$5.5M$4.8M$4.0M$37.0K$6.0M$6.7M$4.6M$4.8M-$10.9M-$4.7M$11.7M$1.4M
Cash Held In Foreign Currency$19.7M$9.7M$28.2M$5.1M$12.7M$2.2M$14.3M$4.6M$6.6M$11.8M$24.8M$829.0K
Restricted Cash$26.2M$136.9M$55.6M$29.3M$67.0M$73.6M$25.9M$36.2M$51.4M$14.7M$25.9M$34.0M$57.8M
Amortization Of Debt Discount Premium-$1.6M-$1.5M-$1.8M$176.0K-$1.5M
Repayments Of Long Term Debt$395.7M$97.0M$133.0M$16.0M
Debt And Equity Securities Unrealized Gain Loss$24.7M-$3.8M$10.4M$7.8M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect-$5.3M$10.2M-$44.2M-$86.9M
Cash$40.9M$27.8M$10.2M$25.3M$18.4M$46.7M$65.2M$87.7M$23.1M$32.3M
Restricted Cash And Cash Equivalents$26.2M$136.9M$55.6M$29.3M$67.0M$73.6M$25.9M$36.2M$51.4M$14.7M
Receivable Investment Sale$29.2M$34.0M$32.2M$17.9M$24.2M$2.4M$2.8M$95.9M$50.7M$109.2M
Payable Investment Purchase$2.7M$4.5M$1.9M$17.3M$27.3M$8.8M$3.2M$233.0K$15.0M$17.7M
Management Fee Payable$9.4M$9.3M$9.1M$8.9M$8.8M$8.8M$9.1M$9.1M$8.8M$8.8M
Liabilities And Stockholders Equity$2.72B$2.77B$2.64B$2.54B$2.41B$2.58B$2.57B$2.68B$2.61B$2.52B
Incentive Fee Payable$4.6M$5.4M$2.2M$7.0M$7.9M$9.2M$3.0M$4.0M$11.1M$3.0M
Dividends Receivable$4.1M$3.7M$6.1M$8.7M$7.3M$6.9M$13.3M$13.8M$17.7M$10.4M
Distribution Payable$0.00$0.00$0.00$29.1M$29.1M$29.1M$27.1M$24.5M$24.5M$22.0M
Deferred Offering Costs$3.8M$4.1M$4.3M$4.9M$5.1M$2.6M$3.0M$3.3M$3.5M$3.7M
Deferred Finance Costs Net$11.2M$11.5M$12.6M$5.6M$6.3M$6.9M$8.2M$8.9M$9.5M$10.9M
Common Stock Value$65.0K$65.0K$65.0K$65.0K$65.0K$65.0K$65.0K$65.0K$65.0K$65.0K

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Proceeds From Issuance Of Long Term Debt$1.31B$867.0M$348.0M$792.7M$1.43B$597.3M
Proceeds From Disposition Of Investment Operating Activity$1.24B$1.49B$937.6M$988.1M$1.40B$538.5M
Payments For Purchase Of Investment Operating Activity$1.31B$1.63B$844.3M$1.40B$1.18B$516.2M
Net Cash Provided By Used In Operating Activities$29.5M-$27.1M$219.3M-$316.8M$265.6M$89.4M
Net Cash Provided By Used In Financing Activities-$71.9M$14.3M-$231.4M$238.3M-$138.6M-$76.5M
Increase Decrease In Receivable For Investment Sold$33.9M$26.2M$22.8M$15.0M$10.8M$8.8M
Increase Decrease In Management Fee Payable$248.0K$231.0K$23.0K$114.0K$2.5M-$976.0K
Increase Decrease In Interest Payable Net-$1.5M$577.0K$1.2M$5.1M-$1.2M-$7.3M
Increase Decrease In Incentive Fee Payable$1.2M-$2.6M-$1.9M$4.5M$928.0K-$714.0K
Increase Decrease In Dividends Receivable-$391.0K-$3.7M-$4.3M-$4.7M$10.8M$6.6M
Increase Decrease In Derivative Assets$1.2M$2.1M-$2.0M$6.8M-$2.1M$4.9M
Increase Decrease In Accrued Interest Receivable Net-$1.1M$2.0M$2.9M$15.0M$3.5M-$6.8M
Increase Decrease In Accounts Payable And Accrued Liabilities-$1.9M$5.2M$6.6M-$943.0K$636.0K$996.0K
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$2.2M-$571.0K-$1.1M$649.0K-$5.0M-$45.0K
Increase Decrease In Prepaid Expense$292.0K-$13.0K$16.0K$1.0K$193.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2025Q1 2024Q1 2023Q1 2022
Proceeds From Issuance Of Long Term Debt$459.0M$198.0M$155.0M$55.0M
Proceeds From Disposition Of Investment Operating Activity$251.3M$296.7M$252.9M$111.5M
Payments For Purchase Of Investment Operating Activity$299.4M$400.9M$327.2M$241.8M
Net Cash Provided By Used In Operating Activities-$7.3M-$63.7M-$43.0M-$101.8M
Net Cash Provided By Used In Financing Activities$2.0M$73.9M-$1.2M$14.9M
Increase Decrease In Receivable For Investment Sold$5.4M$4.3M$4.2M$3.9M
Increase Decrease In Management Fee Payable-$92.0K-$111.0K-$86.0K-$423.0K
Increase Decrease In Interest Payable Net-$2.3M-$396.0K$1.9M$591.0K
Increase Decrease In Incentive Fee Payable-$2.5M$1.9M$1.9M-$1.4M
Increase Decrease In Dividends Receivable$338.0K-$2.5M$4.0M-$11.9M
Increase Decrease In Derivative Assets-$6.9M$440.0K-$4.8M-$2.2M
Increase Decrease In Accrued Interest Receivable Net-$8.1M-$7.1M-$2.3M$1.5M
Increase Decrease In Accounts Payable And Accrued Liabilities$980.0K-$322.0K-$120.0K-$1.6M
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$186.0K-$185.0K-$446.0K-$1.9M
Increase Decrease In Prepaid Expense-$197.0K$544.0K-$179.0K-$178.0K

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net Asset Value Per Share$17.23$17.65$17.60$17.29$17.04$16.54$19.72$19.46$20.30$20.10
Earnings Per Share Basic$1.53$1.85$1.91$1.63$1.86$0.14
Earnings Per Share Diluted$1.53$1.85$1.91$1.63$1.86$0.14
Investment Company Investment Income Loss Per Share$1.88$2.09$2.19$1.59$1.36$1.46$1.64$1.45$0.73$-0.90
Weighted Average Number Of Shares Outstanding Basic64.8M64.6M64.6M64.6M64.6M58.7M
Common Stock Shares Outstanding64.9M64.6M64.6M64.6M64.6M64.6M
Weighted Average Number Of Diluted Shares Outstanding64.8M64.6M64.6M64.6M64.6M58.7M
Common Stock Shares Issued64.9M64.6M64.6M64.6M64.6M
Common Stock Shares Authorized100.00B100.00B100.00B100.00B100.00B

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021Q4 2020Q3 2020Q2 2020Q1 2020
Net Asset Value Per Share
Earnings Per Share Basic$0.43$0.29$0.37$0.44$0.34$0.51$0.45$0.55$0.48$0.52$0.45$0.45$0.67$0.17$0.27$0.52$0.35$0.36$0.66$0.49$0.61$0.80$0.40$-2.02
Earnings Per Share Diluted$0.43$0.29$0.37$0.44$0.34$0.51$0.45$0.55$0.48$0.52$0.45$0.45$0.67$0.17$0.27$0.52$0.35$0.36$0.66$0.49$0.61$0.80$0.40$-2.02
Investment Company Investment Income Loss Per Share$0.45$0.47$0.50$0.53$0.51$0.53$0.55$0.60$0.50$0.47
Weighted Average Number Of Shares Outstanding Basic64.9M64.9M64.7M64.6M64.6M64.6M64.6M64.6M64.6M64.6M64.6M64.6M64.6M
Common Stock Shares Outstanding64.9M64.9M64.9M64.6M64.6M64.6M64.6M64.6M64.6M64.6M64.6M64.6M64.6M
Weighted Average Number Of Diluted Shares Outstanding64.9M64.9M64.7M64.6M64.6M64.6M64.6M64.6M64.6M64.6M
Common Stock Shares Issued64.9M64.9M64.9M64.6M64.6M64.6M64.6M64.6M64.6M64.6M
Common Stock Shares Authorized100.00B100.00B100.00B100.00B100.00B100.00B100.00B100.00B100.00B100.00B

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Investment Company Dividend Distribution$126.5M$116.2M$103.3M$89.1M$87.8M$87.0M
Realized And Unrealized Gain Loss Investment Derivative And Foreign Currency Transaction Price Change Operating Before Tax-$22.8M-$15.3M-$18.2M$2.8M$32.1M-$77.6M
Net Investment Income$125.3M$139.2M$145.0M$103.5M$87.9M$86.1M
Investment Income Operating After Expense And Tax$121.6M$134.7M$141.6M$102.7M$87.7M$85.8M
Gross Investment Income Operating$273.2M$292.7M$297.8M$219.5M$197.4M$194.5M
Investment Income Operating Tax Expense Benefit$3.8M$4.5M$3.4M$837.0K$134.0K$232.0K
Unrealized Gain Loss On Derivatives-$12.6M$5.8M-$2.3M-$5.3M$27.9M-$22.4M
Unrealized Gain Loss Investment And Derivative Operating After Tax$10.4M-$6.8M$31.2M-$19.6M$43.0M-$50.3M
Realized Gain Loss Investment And Derivative Operating After Tax-$33.3M-$8.5M-$49.4M$22.4M-$10.9M-$27.2M
Professional Fees$2.9M$3.5M$2.6M$3.0M$2.9M$2.6M
Management Fee Expense$37.2M$35.6M$36.1M$34.7M$34.9M$35.2M
Investment Company Expense After Reduction Of Fee Waiver And Reimbursement$147.9M$153.5M$152.8M$116.0M$109.5M$108.4M
Investment Company Distribution Ordinary Income$126.5M$116.2M$103.3M$89.1M$87.8M$87.0M
Incentive Fee Expense$18.1M$28.9M$25.5M$19.6M$24.0M$4.5M
Foreign Currency Transaction Gain Loss Realized$761.0K-$320.0K-$5.1M$5.3M-$3.5M$130.0K
Gain Loss On Sale Of Derivatives-$5.8M$2.3M-$407.0K$20.9M-$23.8M$6.5M
Unrealized Gain Loss Investment Derivative And Foreign Currency Transaction Price Change Operating Before Tax$1.4M-$251.0K$4.1M-$3.6M-$936.0K
Foreign Currency Transaction Gain Loss Unrealized Excluding Investment Price Change Before Tax$1.4M-$251.0K$4.1M-$3.6M-$936.0K$108.0K
Noninterest Expense Directors Fees$720.0K$695.0K$716.0K$707.0K$725.0K
Realized Investment Gains Losses-$28.2M-$10.4M-$43.9M-$3.1M$21.2M-$33.8M
Interest Paid Net$76.9M$70.1M$75.3M$43.4M$46.8M$67.9M
Amortization Of Financing Costs$5.2M$4.0M$3.6M$3.9M$5.7M$2.7M
Prepaid Insurance$489.0K$197.0K$210.0K$194.0K$193.0K
Investment Owned At Cost$2.50B$2.45B$2.30B$2.42B$2.31B

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021Q4 2020Q3 2020Q2 2020Q1 2020
Investment Company Dividend Distribution$29.2M$29.2M$29.2M$29.1M$29.1M$29.1M$27.1M$24.5M$24.5M$22.0M$22.0M$22.0M$22.0M
Realized And Unrealized Gain Loss Investment Derivative And Foreign Currency Transaction Price Change Operating Before Tax-$1.9M-$10.5M-$6.9M-$3.6M-$11.5M-$888.0K-$4.0M$1.1M-$3.8M-$1.8M-$9.7M-$2.9M$19.3M-$19.1M-$9.5M$12.0M$391.0K$1.6M$20.5M$9.6M$17.6M$30.0M$1.8M-$126.9M
Net Investment Income$30.5M$30.0M$31.7M$33.2M$34.9M$35.0M$34.3M$35.0M$35.9M$36.3M$40.0M$32.8M$25.0M$30.1M$26.7M$21.7M$22.0M$21.8M$21.9M$22.2M$22.1M$21.5M$20.0M$22.5M
Investment Income Operating After Expense And Tax$29.7M$29.2M$30.6M$32.1M$33.6M$34.0M$33.1M$34.0M$34.9M$35.6M$38.9M$32.2M$24.2M$30.1M$26.7M$21.7M$21.9M$21.8M$21.9M$22.2M$21.9M$21.5M$20.0M$22.5M
Gross Investment Income Operating$68.2M$67.2M$71.0M$66.8M$73.3M$72.5M$72.3M$74.5M$74.9M$72.4M$75.7M$74.7M$62.4M$58.8M$52.4M$46.0M$51.5M$49.5M$46.5M$49.8M$48.3M$46.8M$47.9M$51.5M
Investment Income Operating Tax Expense Benefit$800.0K$801.0K$1.1M$1.1M$1.3M$1.0M$1.2M$1.0M$1.0M$640.0K$1.1M$595.0K$837.0K$134.0K$232.0K
Unrealized Gain Loss On Derivatives$3.0M-$15.1M-$2.1M-$5.7M$163.0K$1.2M$7.1M-$1.5M$161.0K-$2.2M$8.1M$1.7M$6.1M
Unrealized Gain Loss Investment And Derivative Operating After Tax-$80.0K-$10.2M$23.0M-$3.7M$1.6M-$2.8M$50.0M-$9.2M$14.4M-$37.0M-$12.1M$9.8M$7.6M
Realized Gain Loss Investment And Derivative Operating After Tax-$10.4M$3.3M-$26.6M$2.8M-$5.6M$3.9M-$51.8M-$550.0K-$17.2M$18.0M$2.6M$2.2M-$6.0M
Professional Fees$713.0K$714.0K$714.0K$870.0K$1.0M$801.0K$760.0K$451.0K$581.0K$968.0K$446.0K$390.0K$581.0K
Management Fee Expense$9.4M$9.3M$9.1M$8.9M$8.8M$8.8M$9.1M$9.1M$8.9M$8.9M$8.5M$8.4M$8.8M
Investment Company Expense After Reduction Of Fee Waiver And Reimbursement$37.2M$39.3M$33.7M$37.5M$38.0M$39.5M$36.1M$35.7M$42.0M$28.7M$25.6M$24.3M$27.8M
Investment Company Distribution Ordinary Income$29.2M$29.2M$29.2M$29.1M$29.1M$29.1M$27.1M$24.5M$24.5M$22.0M$22.0M$22.0M$22.0M
Incentive Fee Expense$4.6M$5.4M$2.2M$7.0M$7.9M$9.2M$3.0M$4.0M$11.1M$3.0M$4.1M$3.3M$4.5M
Foreign Currency Transaction Gain Loss Realized$335.0K$581.0K-$249.0K-$465.0K-$446.0K$23.0K-$673.0K-$321.0K-$4.2M$2.3M$3.2M-$488.0K-$72.0K
Gain Loss On Sale Of Derivatives-$1.0M-$1.4M-$2.4M$20.0K$169.0K$1.7M-$221.0K$0.00-$2.4M$17.6M$2.0M$1.2M-$2.1M
Unrealized Gain Loss Investment Derivative And Foreign Currency Transaction Price Change Operating Before Tax-$183.0K$1.5M$435.0K$998.0K$177.0K-$208.0K-$279.0K$127.0K$3.8M-$4.8M-$2.1M
Foreign Currency Transaction Gain Loss Unrealized Excluding Investment Price Change Before Tax$435.0K-$208.0K$3.8M-$4.8M$346.0K-$508.0K
Noninterest Expense Directors Fees$182.0K$182.0K$174.0K$173.0K$174.0K$174.0K$182.0K$179.0K$174.0K$177.0K
Realized Investment Gains Losses-$24.0M$2.2M-$10.7M$1.4M
Interest Paid Net$20.0M$17.6M$16.8M$9.0M
Amortization Of Financing Costs$1.1M$890.0K$880.0K$1.0M
Prepaid Insurance$727.0K$856.0K$0.00$383.0K$570.0K$754.0K$408.0K$605.0K$15.0K$376.0K
Investment Owned At Cost$2.52B$2.49B$2.46B$2.41B$2.24B$2.41B$2.38B$2.42B$2.44B$2.36B

Most recent annual filing with the SEC: February 27, 2026

Data sourced from SEC EDGAR public filings as of August 7, 2026.