MidCap Financial Investment Corp Financial Summary

Complete Filing Data

MidCap Financial Investment Corp reported Common Stock Shares Issued of 92.21 million shares 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 MidCap Financial Investment Corp 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 YearFY2025FY2024FY2023FY2022
Net Income *$63.2M$98.8M$118.8M$82.4M
Other General And Administrative Expense$6.3M$8.2M$10.1M$9.1M
Operating Expenses$180.4M$169.3M$162.1M$117.8M
Interest Expense$104.2M$55.0M
Tax Basis Of Investments Cost For Income Tax Purposes$3.40B$3.24B$2.55B$2.71B

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021
Net Income *$27.5M$18.1M$30.3M$26.7M$22.6M$25.5M$33.3M$30.0M$25.4M$30.1M$1.3M$16.0M$5.7M$4.2M$20.5M$25.4M$32.1M$42.4M
Other General And Administrative Expense$1.6M$1.6M$1.2M$2.2M$2.1M$2.1M$2.5M$2.2M$2.3M$2.2M$2.2M$2.4M$1.8M
Operating Expenses$47.6M$45.1M$45.2M$44.2M$39.9M$40.0M$40.7M$40.1M$38.9M$36.6M$30.2M$28.0M$31.9M
Interest Expense$27.0M$26.2M$26.3M$26.0M$24.8M$20.2M$16.4M$14.3M$13.9M
Tax Basis Of Investments Cost For Income Tax Purposes$3.38B$3.55B$3.27B$3.29B$2.68B$2.58B$2.58B$2.63B$2.67B$2.80B$2.80B

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Assets Net$1.31B$1.40B$1.01B$988.1M$1.04B$1.02B
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$99.4M$75.8M$122.1M$87.1M$54.6M
Stockholders Equity Period Increase Decrease-$97.4M$399.3M$17.2M-$31.5M
Repayments Of Long Term Debt$1.88B$334.4M$655.3M$401.3M
Long Term Debt$2.00B$1.75B$1.48B
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$23.6M-$46.3M$35.0M-$24.0M
Amortization Of Debt Discount Premium$1.8M$1.8M$604.0K$684.0K
Accretion Amortization Of Discounts And Premiums Investments$6.8M$8.9M$7.8M$9.6M
Receivable Investment Sale$6.3M$57.2M$2.8M$3.1M
Prepaid Expense And Other Assets$2.2M$0.00$5.0K$1.8M
Liabilities$2.02B$1.79B$1.50B$1.54B
Investment Owned Percent Of Net Assets$2.42$2.15$2.32$2.43
Interest Receivable$23.7M$19.3M$21.4M$17.2M
Interest Payable Current And Noncurrent$12.9M$12.8M$14.5M$13.5M
Dividends Receivable$630.0K$709.0K$1.3M$4.8M
Deferred Costs Current And Noncurrent$23.6M$23.6M$19.4M$13.4M
Common Stock Value$92.0K$94.0K$65.0K$65.0K
Cash Held In Foreign Currency$1.3M$1.4M$28.6M$2.4M
Cash And Cash Equivalents At Carrying Value$98.2M$74.4M$93.6M$84.7M
Assets$3.32B$3.19B$2.50B$2.53B
Additional Paid In Capital Common Stock$2.65B$2.66B$2.10B$2.11B
Accrued Liabilities And Other Liabilities$1.5M$6.0M$6.9M$6.4M
Accrued Administrative Services Expense$228.0K$60.0K$1.7M$748.0K
Tax Basis Of Investments Unrealized Appreciation Depreciation Net$230.4M$221.0M$210.8M$224.6M
Tax Basis Of Investments Gross Unrealized Depreciation$270.1M$259.5M$271.7M$279.8M
Tax Basis Of Investments Gross Unrealized Appreciation$39.7M$38.6M$60.9M$55.2M
Percentage Of Total Investments At Fair Value100.0%100.0%100.0%100.0%
Stockholders Equity$1.31B$1.40B

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021
Assets Net$1.37B$1.38B$1.39B$1.42B$1.00B$1.01B$996.8M$991.7M$993.4M$1.01B$986.0M$1.02B$1.04B$1.04B
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$66.5M$71.9M$85.0M$84.8M$67.0M$49.6M$43.2M$50.2M$70.1M$61.7M$35.5M$34.5M$27.5M
Stockholders Equity Period Increase Decrease-$8.0M-$17.3M-$11.4M$412.5M-$2.2M$691.0K$5.2M-$1.7M$5.3M$25.0M-$18.8M
Repayments Of Long Term Debt$840.0M$139.4M$60.0M$97.1M
Long Term Debt$1.92B$2.05B$1.94B$1.77B$1.51B$1.41B$1.75B$1.43B$1.48B$1.47B$1.50B$1.55B
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$9.2M-$72.5M-$17.0M-$3.8M
Amortization Of Debt Discount Premium$429.0K$623.0K$151.0K$151.0K
Accretion Amortization Of Discounts And Premiums Investments$1.9M$1.9M$2.5M$2.7M
Receivable Investment Sale$12.2M$8.8M$32.2M$54.7M$605.0K$1.3M$264.0K$2.9M$1.8M$7.7M$8.0M
Prepaid Expense And Other Assets$3.4M$3.5M$1.8M$6.1M$1.0M$1.6M$170.0K$738.0K$751.0K$553.0K$719.0K
Liabilities$1.94B$2.09B$1.96B$1.80B$1.55B$1.44B$1.46B$1.51B$1.50B$1.55B$1.60B
Investment Owned Percent Of Net Assets$2.33$2.42$2.29$2.14$2.44$2.34$2.38$2.43$2.40$2.44$2.51
Interest Receivable$26.2M$28.6M$25.3M$26.8M$20.1M$21.0M$20.4M$15.2M$16.0M$13.2M$15.6M
Interest Payable Current And Noncurrent$11.5M$16.6M$9.4M$8.6M$15.2M$13.3M$4.9M$10.5M$7.2M$7.8M$3.3M
Dividends Receivable$430.0K$659.0K$459.0K$459.0K$694.0K$459.0K$1.3M$3.1M$3.2M$4.6M$5.1M
Deferred Costs Current And Noncurrent$19.8M$21.0M$22.3M$16.1M$17.3M$18.2M$20.6M$21.9M$12.3M$14.6M$17.0M
Common Stock Value$93.0K$93.0K$94.0K$94.0K$65.0K$65.0K$65.0K$65.0K$65.0K$62.0K$62.0K
Cash Held In Foreign Currency$4.0M$2.9M$1.3M$326.0K$868.0K$1.0K$199.0K$828.0K$388.0K$1.5M$565.0K
Cash And Cash Equivalents At Carrying Value$62.5M$69.0M$83.7M$84.5M$66.2M$49.6M$43.0M$49.4M$69.7M$60.3M$30.0M
Assets$3.31B$3.46B$3.36B$3.22B$2.55B$2.45B$2.46B$2.50B$2.49B$2.57B$2.60B
Additional Paid In Capital Common Stock$2.65B$2.65B$2.65B$2.54B$2.10B$2.10B$2.10B$2.10B$2.11B$2.11B$2.08B
Accrued Liabilities And Other Liabilities$2.4M$3.0M$3.2M$6.7M$6.5M$7.1M$6.0M$6.0M$6.0M$7.5M$7.6M
Accrued Administrative Services Expense$0.00$0.00$0.00$1.9M$1.8M$1.7M$2.6M$1.8M$1.4M$1.6M$897.0K
Tax Basis Of Investments Unrealized Appreciation Depreciation Net$198.4M$218.8M$214.8M$263.6M$231.1M$203.5M$215.0M$222.3M$220.7M$278.0M$245.4M
Tax Basis Of Investments Gross Unrealized Depreciation$233.4M$250.1M$252.7M$307.3M$267.3M$261.6M$272.3M$281.4M$278.7M$336.2M$304.0M
Tax Basis Of Investments Gross Unrealized Appreciation$35.1M$31.4M$37.9M$43.7M$36.2M$58.1M$57.3M$59.1M$58.2M$58.1M$58.6M
Percentage Of Total Investments At Fair Value100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Stockholders Equity

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Payments For Repurchase Of Common Stock$19.0M$2.3M$21.1M
Proceeds From Issuance Of Debt$2.12B$446.1M$630.6M$494.7M
Proceeds From Disposition Of Investment Operating Activity$1.13B$867.2M$497.3M$1.06B
Payments Of Dividends$141.6M$139.6M$123.5M$93.3M
Payments For Purchase Of Investment Operating Activity$1.28B$1.01B$417.1M$1.14B
Net Cash Provided By Used In Operating Activities-$49.7M-$9.5M$196.4M-$2.7M
Net Cash Provided By Used In Financing Activities$73.4M-$36.8M-$161.4M-$21.3M
Increase Decrease In Prepaid Deferred Expense And Other Assets$2.2M-$16.1M-$1.8M-$188.0K
Increase Decrease In Other Liabilities And Accrued Expenses-$4.6M-$5.6M$429.0K-$115.0K
Increase Decrease In Interest Payable Net$54.0K-$1.7M$948.0K$1.2M
Increase Decrease In Dividends Receivable-$79.0K-$618.0K-$3.5M$1.3M
Increase Decrease In Accrued Interest Receivable Net$4.4M-$2.2M$4.3M$2.4M
Increase Decrease In Accrued Administrative Services Expense$168.0K-$1.6M$909.0K$103.0K
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$36.0K-$48.0K$16.0K-$18.0K
Increase Decrease In Management And Incentive Fees Payable-$5.5M$854.0K$1.7M$1.2M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2025Q1 2024Q1 2023Q1 2022
Payments For Repurchase Of Common Stock$6.1M$770.0K
Proceeds From Issuance Of Debt$1.02B$82.3M$46.2M$64.7M
Proceeds From Disposition Of Investment Operating Activity$245.9M$136.7M$170.2M$263.5M
Payments Of Dividends$35.6M$24.8M$49.1M$23.0M
Payments For Purchase Of Investment Operating Activity$394.1M$151.4M$150.9M$220.1M
Net Cash Provided By Used In Operating Activities-$131.3M$9.4M$45.9M$52.4M
Net Cash Provided By Used In Financing Activities$140.5M-$81.9M-$62.9M-$56.2M
Increase Decrease In Prepaid Deferred Expense And Other Assets$1.8M$1.6M-$1.0M-$214.0K
Increase Decrease In Other Liabilities And Accrued Expenses-$2.8M$252.0K-$431.0K$405.0K
Increase Decrease In Interest Payable Net-$3.4M-$1.2M-$6.4M-$6.0M
Increase Decrease In Dividends Receivable-$250.0K-$868.0K-$1.7M$331.0K
Increase Decrease In Accrued Interest Receivable Net$6.1M-$467.0K-$1.1M$3.4M
Increase Decrease In Accrued Administrative Services Expense-$60.0K$77.0K$645.0K$481.0K
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$21.0K-$19.0K-$4.0K-$113.0K
Increase Decrease In Management And Incentive Fees Payable$911.0K-$305.0K$1.3M-$4.7M

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Common Stock Shares Issued92.2M93.8M65.3M65.5M65.3M
Net Asset Value Per Share$14.18$14.98$15.41$15.10$15.88$15.70$19.06
Common Stock Shares Outstanding92.2M93.8M65.3M65.5M65.3M65.3M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00
Earnings Per Share Basic$0.68$1.27$1.82$1.28
Common Stock Shares Authorized130.0M130.0M130.0M130.0M130.0M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2004
Common Stock Shares Issued93.3M93.3M93.3M93.8M65.3M65.3M65.3M65.3M65.5M65.5M63.5M63.7M64.7M65.1M
Net Asset Value Per Share$15.45$15.52$16.08$16.07
Common Stock Shares Outstanding93.3M93.3M93.3M93.8M65.3M65.3M65.3M65.3M65.5M65.5M63.5M63.7M64.7M65.1M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$45.00
Earnings Per Share Basic$0.29$0.19$0.32$0.31$0.35$0.39$0.46$0.39$0.46$0.25$0.09$0.07$0.39
Common Stock Shares Authorized130.0M130.0M130.0M130.0M130.0M130.0M130.0M130.0M130.0M130.0M130.0M

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Net Investment Income$142.0M$133.3M$116.0M$96.0M
Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency-$78.8M-$34.5M$2.8M-$13.6M
Gross Investment Income Operating$320.9M$301.8M$276.5M$213.2M
Management Fee Expense$24.2M$19.5M$17.4M$36.1M
Investment Company Expense After Reduction Of Fee Waiver And Reimbursement$178.9M$168.5M$160.5M$117.2M
Administrative Fees Expense$6.7M$4.1M$5.8M$5.8M
Incentive Fee Expense$16.1M$21.5M$24.6M$11.7M
Interest Income Operating Paid In Kind$17.9M$12.2M$3.0M$4.1M
Foreign Currency Transaction Gain Loss Unrealized-$2.7M$1.5M-$2.5M$9.2M
Foreign Currency Transaction Gain Loss Realized-$233.0K-$592.0K$69.0K-$5.6M
Unrealized Gain Loss Investment Derivative And Foreign Currency Transaction Price Change Operating After Tax-$28.7M$42.5M$2.6M$53.8M
Realized Gain Loss Investment Derivative And Foreign Currency Transaction Price Change Operating After Tax-$50.1M-$77.0M$200.0K-$67.4M
Investment Company Dividend Distribution$141.6M$139.6M$99.3M$92.8M
Investment Company Distribution Ordinary Income$141.6M$139.6M$99.3M$92.8M
Recovery Of Direct Costs$1.5M$769.0K$1.3M$343.0K
Investment Company Increase Decrease From Share Transaction-$19.0M$440.1M-$2.3M-$21.1M
Stock Repurchased During Period Value$19.0M$0.00$2.3M$21.1M
Stock Repurchased During Period Shares1.6M0.00198.1K1.6M
Paid In Kind Interest$17.9M$12.2M$3.0M$4.1M
Interest Paid Net$120.2M$110.7M$97.5M$47.9M
Investment Owned At Fair Value$3.17B$3.01B$2.33B$2.40B
Investment Owned At Cost$3.36B$3.18B$2.54B$2.61B
Investment Company Financial Commitment To Investee Future Amount$432.4M$485.7M$350.7M$399.8M
Interest And Dividend Income Operating Paid In Kind$20.1M$14.8M$3.0M$4.3M
Amortization Of Financing Costs$5.1M$5.2M$5.3M$5.2M
Investment Company Expense Offset Arrangement$0.00$274.0K$247.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021
Net Investment Income$35.3M$36.4M$34.3M$38.1M$29.5M$28.5M$29.8M$27.9M$28.9M$29.5M$28.0M$22.6M$23.5M$26.9M$22.5M$21.2M$25.3M$25.6M
Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency-$7.9M-$18.3M-$4.0M-$11.4M-$7.0M-$3.1M$3.5M$2.1M-$3.4M$649.0K-$26.7M-$6.6M-$17.8M-$22.7M-$2.0M$4.2M$6.8M$16.8M
Gross Investment Income Operating$82.6M$81.2M$78.7M$82.1M$69.2M$68.3M$72.0M$68.2M$68.6M$67.8M$63.3M$58.9M$53.4M$54.7M$55.0M$52.9M$50.6M$50.8M
Management Fee Expense$6.1M$6.1M$6.1M$4.4M$4.4M$4.4M$4.4M$4.3M$4.3M$8.9M$8.9M$8.9M$9.2M
Investment Company Expense After Reduction Of Fee Waiver And Reimbursement$47.3M$44.9M$44.4M$44.0M$39.6M$39.8M$40.3M$39.8M$38.3M$36.2M$29.9M$27.9M$31.7M
Administrative Fees Expense$1.0M$1.0M$1.0M$1.0M$826.0K$1.2M$1.6M$1.4M$1.4M$1.3M$1.3M$1.4M$1.7M
Incentive Fee Expense$5.8M$3.8M$6.4M$4.6M$5.6M$6.0M$5.9M$6.1M$6.2M$4.0M$1.4M$1.0M$5.3M
Interest Income Operating Paid In Kind$4.2M$5.2M$3.5M$3.0M$2.5M$2.0M$479.0K$812.0K$784.0K$856.0K$955.0K$625.0K
Foreign Currency Transaction Gain Loss Unrealized$859.0K-$2.6M-$814.0K-$1.4M-$51.0K$778.0K$2.3M-$1.6M-$1.0M$3.8M$4.3M$4.5M$5.0M
Foreign Currency Transaction Gain Loss Realized-$160.0K$277.0K-$313.0K-$40.0K$34.0K-$618.0K$12.0K-$4.0K$41.0K$294.0K-$22.0K-$2.8M-$2.6M
Unrealized Gain Loss Investment Derivative And Foreign Currency Transaction Price Change Operating After Tax$11.3M-$1.0M-$7.0M-$11.9M$8.7M$5.0M$2.3M-$3.3M$1.5M-$6.5M-$18.1M-$20.6M
Realized Gain Loss Investment Derivative And Foreign Currency Transaction Price Change Operating After Tax-$19.2M-$17.2M$3.1M$487.0K-$15.6M-$8.1M-$200.0K-$165.0K-$834.0K-$168.0K$292.0K-$2.0M
Investment Company Dividend Distribution$35.5M$35.5M$35.6M$54.4M$24.8M$24.8M$24.8M$24.8M$24.9M$20.9M$22.9M$22.9M$23.4M
Investment Company Distribution Ordinary Income$35.5M$35.5M$35.6M$54.4M$24.8M$24.8M$24.8M$24.8M$24.9M$20.9M$22.9M$22.9M-$23.4M
Recovery Of Direct Costs$284.0K$280.0K$806.0K$162.0K$267.0K$168.0K$403.0K$351.0K$335.0K$259.0K$228.0K
Investment Company Increase Decrease From Share Transaction$0.00$0.00-$6.1M$440.1M$0.00-$2.3M$30.0M-$1.6M-$769.0K
Stock Repurchased During Period Value$0.00$0.00$6.1M$0.00$0.00$2.3M$1.6M$769.0K$5.9M
Stock Repurchased During Period Shares0.000.00476.7K0.000.00198.1K128.5K60.6K451.0K
Paid In Kind Interest$3.5M$2.0M$784.0K$624.0K
Interest Paid Net$32.1M$25.5M$29.5M$18.8M
Investment Owned At Fair Value$3.18B$3.33B$3.19B$3.03B$2.44B$2.35B$2.37B$2.41B$2.39B$2.46B$2.52B
Investment Owned At Cost$3.34B$3.50B$3.36B$3.23B$2.64B$2.55B$2.58B$2.62B$2.59B$2.72B$2.75B
Investment Company Financial Commitment To Investee Future Amount$477.9M$529.0M$527.3M$476.7M$389.0M$359.4M$324.5M$340.3M$363.8M$406.7M$486.6M
Interest And Dividend Income Operating Paid In Kind$4.1M$2.3M$791.0K$602.0K
Amortization Of Financing Costs$1.4M$1.3M$1.2M$1.3M
Investment Company Expense Offset Arrangement$274.0K$87.0K$75.0K-$68.0K-$147.0K

Most recent annual filing with the SEC: February 26, 2026

Data sourced from SEC EDGAR public filings as of August 4, 2026.