Palmer Square Capital BDC Inc. Financial Summary

Complete Filing Data

Palmer Square Capital BDC Inc. reported Stockholders Equity of $464.12 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 Palmer Square Capital BDC 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 YearFY2025FY2024FY2023FY2022FY2021
Net Income *-$3.2M$47.7M$107.8M-$74.5M$19.1M
Operating Expenses$70.9M$81.0M$55.3M$34.5M$17.6M
Income Loss From Continuing Operations Per Diluted Share-$0.10$1.47$4.20-$3.22$1.23
Income Loss From Continuing Operations Per Basic Share-$0.10$1.47$4.20-$3.22$1.23
Other General And Administrative Expense$3.1M$3.1M$1.5M$1.9M$1.8M
Interest Expense Operating$50.1M$58.0M$44.5M$23.5M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021
Net Income *$3.4M$7.2M-$8.4M$7.6M$5.3M$22.9M$33.9M$23.9M$28.1M-$6.8M-$65.3M-$3.4M
Operating Expenses$18.0M$17.8M$18.3M$21.6M$20.8M$18.5M$14.2M$13.5M$12.8M$9.8M$7.2M$5.9M$4.2M
Income Loss From Continuing Operations Per Diluted Share$0.10$0.22-$0.26$0.23$0.16$0.72$1.30$0.94$1.14-$0.29-$2.85-$0.15$0.33
Income Loss From Continuing Operations Per Basic Share$0.10$0.22-$0.26$0.23$0.16$0.72$1.30$0.94$1.14-$0.29-$2.85-$0.15$0.33
Other General And Administrative Expense$826.7K$797.1K$805.3K$896.4K$659.2K$722.2K$383.8K$350.6K$367.0K$551.7K$525.2K
Interest Expense Operating$12.8M$12.6M$13.0M$15.7M$15.0M$13.2M$11.5M$10.9M

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Stockholders Equity$464.1M$537.8M$462.0M$363.4M$452.8M$253.1M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$3.2M$2.8M$2.1M$1.7M$1.1M$682.6K
Unrealized Gain Loss On Investments-$43.4M$2.8M$52.6M-$107.4M-$8.5M
Net Increase In Net Assets From Capital Share Transactions-$17.5M$90.5M$46.7M$29.2M$206.5M
Non Affiliate Non Control Investments-$43.4M$2.8M$52.6M-$107.4M$4.8M
Increasedecrease In Receivable For Sales Of Investments-$5.0M$7.7M-$30.9M$13.6M$5.6M
Accretion Amortization Of Discounts And Premiums Investments$2.7M$1.4M$1.9M$1.7M$286.3K
Gain Loss On Investments-$56.6M-$14.9M$49.8M-$115.6M-$3.8M
Receivable For Paydowns Of Investments$233.9K$1.3M$344.5K$136.1K$227.5K
Prepaid Expense And Other Assets$41.4K$32.4K$30.1K$598.3K$196.0K
Liabilities And Stockholders Equity$1.22B$1.43B$1.12B$1.06B$1.22B
Liabilities$755.3M$893.2M$659.9M$694.0M$764.5M
Interest Receivable$8.6M$11.5M$8.4M$6.5M$3.8M
Dividends Receivable$195.7K$259.6K$301.6K$142.0K$833.00
Common Stock Value$31.3K$32.6K$27.1K$24.3K$22.6K
Cash And Cash Equivalents At Carrying Value$3.2M$2.8M$2.1M$1.7M$1.1M
Assets$1.22B$1.43B$1.12B$1.06B$1.22B
Increasedecrease In Receivable For Paydowns Of Investments-$1.1M$1.0M$208.4K-$91.4K$106.2K
Payable Investment Purchase$20.4M$67.5M$14.7M$42.8M$104.3M
Unrealized Appreciation Depreciation On Non Control And Non Affiliate Investments-$52.6M$107.4M$8.5M
Management Fee Payable$2.1M$2.4M$2.3M$1.9M$2.2M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$451.0K$649.3K$466.3K$557.3K$410.9K
Stockholders Equity Period Increase Decrease-$73.7M$75.9M$98.5M-$44.1M-$26.0M
Retained Earnings Accumulated Deficit-$129.6M-$73.3M-$58.7M-$110.5M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021
Stockholders Equity$490.4M$505.2M$515.8M$541.9M$548.8M$558.5M$446.9M$426.5M$402.6M$373.9M$385.4M$454.2M$312.9M$272.4M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$4.2M$16.4M$2.9M$1.8M$14.8M$8.3M$3.4M$6.7M$6.2M$4.2M$99.0K$4.7M$11.0M
Unrealized Gain Loss On Investments-$9.0M-$926.4K-$15.4M-$1.1M-$1.0M$8.3M$21.2M$9.7M$14.8M-$16.7M-$74.4M-$11.7M-$673.3K
Net Increase In Net Assets From Capital Share Transactions-$4.7M-$4.2M-$957.4K$925.0K$246.9K$89.7M$15.1M$13.1M$11.1M$5.4M$5.0M$4.8M$39.5M
Non Affiliate Non Control Investments-$9.0M-$926.4K-$15.4M-$1.1M-$1.0M$8.3M-$2.1M-$2.6K-$317.4K-$496.7K-$486.8K-$369.9K
Increasedecrease In Receivable For Sales Of Investments$6.4M-$12.9K-$27.0M$12.7M
Accretion Amortization Of Discounts And Premiums Investments$598.2K$578.6K$352.4K$111.3K
Gain Loss On Investments-$10.3M-$6.7M-$21.3M-$8.2M-$10.4M$6.6M$19.0M$9.7M$14.5M
Receivable For Paydowns Of Investments$1.1M$210.6K$846.5K$840.5K$637.1K$450.8K$282.3K$611.7K$242.9K$3.2M
Prepaid Expense And Other Assets$107.4K$39.2K$62.4K$139.5K$167.1K$85.5K$620.2K$3.2M$604.0K$400.7K
Liabilities And Stockholders Equity$1.28B$1.31B$1.36B$1.41B$1.46B$1.41B$1.12B$1.08B$1.06B$1.02B
Liabilities$791.1M$809.6M$847.1M$871.6M$910.0M$854.0M$677.9M$655.1M$657.6M$646.0M
Interest Receivable$8.7M$9.6M$10.0M$12.1M$11.3M$10.0M$7.5M$7.6M$6.0M$5.7M
Dividends Receivable$197.6K$151.4K$200.8K$158.0K$263.9K$357.3K$403.6K$400.1K$217.7K$99.9K
Common Stock Value$31.9K$32.2K$32.5K$32.6K$32.6K$32.6K$26.7K$25.8K$25.0K$23.4K
Cash And Cash Equivalents At Carrying Value$4.2M$16.4M$2.9M$1.8M$14.8M$8.3M$3.4M$6.7M$6.2M$4.2M
Assets$1.28B$1.31B$1.36B$1.41B$1.46B$1.41B$1.12B$1.08B$1.06B$1.02B
Increasedecrease In Receivable For Paydowns Of Investments-$501.1K$106.3K$106.8K$69.7K
Payable Investment Purchase$20.0M$27.4M$54.8M$26.1M$68.2M$37.6M$35.2M$24.8M$38.2M
Unrealized Appreciation Depreciation On Non Control And Non Affiliate Investments$1.1M$1.0M-$8.3M-$21.2M-$9.7M-$14.8M$16.7M$74.4M$11.7M
Management Fee Payable$2.2M$2.2M$2.3M$2.4M$2.5M$2.4M$2.2M$2.0M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$106.0K$6.1M$4.6M
Stockholders Equity Period Increase Decrease-$14.8M-$10.6M-$6.9M-$9.7M-$28.6M-$13.2M-$10.1M-$8.4M
Retained Earnings Accumulated Deficit-$110.8M-$100.8M-$94.4M-$69.6M-$61.8M-$51.8M-$66.4M-$86.1M$8.0M

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Increase Decrease In Other Operating Capital Net-$3.2M$47.7M$107.8M-$74.5M$19.1M
Proceeds From Sale Of Short Term Investments$597.5M$862.3M$565.5M$402.2M$637.6M
Proceeds From Issuance Of Common Stock$0.00$89.7M$17.7M$5.0M$188.9M
Payments To Acquire Short Term Investments$600.8M$868.0M$578.7M$374.4M$662.6M
Net Cash Provided By Used In Operating Activities$160.7M-$200.6M$19.5M$25.1M-$438.0M
Net Cash Provided By Used In Financing Activities-$160.2M$201.2M-$19.1M-$24.6M$438.4M
Increase Decrease In Prepaid Deferred Expense And Other Assets$9.1K$2.3K-$568.2K$402.3K$196.0K
Proceeds From Lines Of Credit$45.1M$241.1M$27.5M$81.3M$256.6M
Increase Decrease In Other Accrued Liabilities-$435.1K$300.8K-$67.6K-$1.0M$1.7M
Increase Decrease In Interest And Dividends Receivable-$2.9M$3.0M$2.1M$2.8M$2.2M
Payments Of Distributions To Affiliates$55.3M$46.6M$33.9M$18.8M$6.3M
Payments Of Debt Issuance Costs$1.2M$5.5M$1.8M$0.00$780.6K
Increase Decrease In Payable For Investment Purchased-$47.1M$52.7M-$28.0M-$61.5M$88.7M
Increase Decrease In Management Fee Payable-$284.7K$161.7K$379.3K-$373.1K$1.0M
Increase Decrease In Interest Payable Net-$1.9M$3.4M$2.3M$1.2M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022
Increase Decrease In Other Operating Capital Net$3.4M$7.2M-$8.4M$7.6M$5.3M$22.9M$33.9M$23.9M$28.1M-$6.8M-$65.3M
Proceeds From Sale Of Short Term Investments$140.2M$295.5M$181.2M$168.9M
Proceeds From Issuance Of Common Stock$0.00$89.7M$11.1M$4.8M
Payments To Acquire Short Term Investments$127.6M$295.8M$230.5M$137.5M
Net Cash Provided By Used In Operating Activities$46.4M-$237.9M$27.9M-$8.3M
Net Cash Provided By Used In Financing Activities-$46.3M$244.0M-$23.4M$11.9M
Increase Decrease In Prepaid Deferred Expense And Other Assets$30.0K$55.4K$5.7K$165.5K
Proceeds From Lines Of Credit$26.6M$158.0M$33.0M
Increase Decrease In Other Accrued Liabilities-$394.1K-$123.5K-$13.9K-$1.6M
Increase Decrease In Interest And Dividends Receivable-$1.5M$1.7M-$369.6K$413.4K
Payments Of Distributions To Affiliates$15.6M$0.00$6.9M$5.9M
Payments Of Debt Issuance Costs$0.00$3.6M$17.7K
Increase Decrease In Payable For Investment Purchased-$12.6M$22.9M-$4.6M
Increase Decrease In Management Fee Payable-$80.1K$164.2K$39.4K
Increase Decrease In Interest Payable Net-$428.6K-$1.3M$2.4M

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Net Asset Value Per Share$14.85$16.50$17.04$14.96$20.06$20.15
Weighted Average Number Of Shares Outstanding Basic32.1M32.4M25.7M23.1M15.5M11.2M
Weighted Average Number Of Diluted Shares Outstanding32.1M32.4M25.7M23.1M15.5M
Common Stock Shares Outstanding31.3M32.6M27.1M24.3M22.8M
Earnings Per Share Diluted$1.66$1.93$2.26$1.78$1.47
Earnings Per Share Basic$1.66$1.93$2.26$1.78$1.47
Common Stock Shares Issued31.3M32.6M27.1M24.3M22.6M
Common Stock Shares Authorized450.0M450.0M450.0M450.0M450.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021
Net Asset Value Per Share$15.39$15.68$15.85$16.61$16.85$17.16$16.76$16.55$16.12$16.00$20.70
Weighted Average Number Of Shares Outstanding Basic32.1M32.3M32.6M32.6M32.6M31.6M26.0M25.5M24.6M23.2M22.9M22.8M14.4M
Weighted Average Number Of Diluted Shares Outstanding32.1M32.3M32.6M32.6M32.6M31.6M26.0M25.5M24.6M23.2M22.9M22.8M14.4M
Common Stock Shares Outstanding31.9M32.2M32.5M32.6M32.6M32.6M26.7M25.8M25.0M23.4M
Earnings Per Share Diluted$0.43$0.43$0.40$0.48$0.48$0.52$0.57$0.56$0.55
Earnings Per Share Basic$0.43$0.43$0.40$0.48$0.48$0.52$0.57$0.56$0.55
Common Stock Shares Issued31.9M32.2M32.5M32.6M32.6M32.6M26.7M25.8M25.0M23.4M
Common Stock Shares Authorized450.0M450.0M450.0M450.0M450.0M450.0M450.0M450.0M450.0M450.0M
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

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Net Investment Income$53.5M$62.6M$58.0M$41.1M$22.8M
Realized Investment Gains Losses-$13.2M-$17.8M-$2.7M-$8.1M$4.8M
Professional Fees$1.1M$1.5M$792.6K$742.0K$758.4K
Other Income$2.2M$1.6M$417.5K$184.2K$778.8K
Noninterest Expense Directors Fees$150.0K$150.0K$75.0K$75.0K$75.0K
Management Fee Expense$8.9M$9.7M$8.4M$8.3M$6.4M
Investment Income Net$124.4M$143.5M$112.2M$74.5M$39.7M
Investment Income Dividend$2.3M$3.3M$4.1M$610.2K$9.6K
Interest And Other Income$118.3M$137.5M$107.7M$73.7M$38.9M
Other Operating Income$0.00$50.5K$1.1M$1.0M$796.2K
Stock Issued During Period Value Dividend Reinvestment Plan$514.6K$2.1M$29.1M$24.2M
Dividends And Distributions To Stockholders-$53.1M-$62.2M-$56.1M-$43.1M$17.8M
Stock Issued During Period Value New Issues$0.00$89.7M$17.7M$5.0M$188.9M
Other Operating Income Expense Net-$70.9M-$80.9M-$54.2M-$33.4M-$16.9M
Interest Paid Net$52.0M$54.6M$42.2M$22.3M$7.3M
Increase Decrease Due From Affiliates$368.6K-$1.5M$1.5M-$46.6K$125.4K
Gross Investment Income Operating$124.4M$143.5M$112.2M$74.5M$39.7M
Line Of Credit$414.4M$501.7M$641.8M$641.3M$649.9M
Investment Owned At Fair Value$1.20B$1.41B$1.11B$1.02B$1.19B
Investment Owned At Cost$1.29B$1.45B$1.16B$1.12B$1.19B
Repayments Of Lines Of Credit$131.3M$378.2M$28.5M$92.0M
Amortization Of Financing Costs$1.7M$1.6M$1.0M$988.2K$909.3K
Distributions Declared During The Period$53.1M$62.2M$56.1M$44.1M$26.0M
Incentive Fee Expense$7.6M$8.6M$0.00$0.00
Reinvestment Of Distributions During The Period$0.00$0.00$29.1M$24.2M$17.7M
Interest Income Operating Paid In Kind$1.6M$1.1M$0.00$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021
Net Investment Income$13.1M$13.6M$13.8M$12.9M$14.8M$15.7M$15.8M$16.3M$15.4M$14.8M$14.2M$13.6M$10.5M$9.5M$8.7M$4.9M
Realized Investment Gains Losses-$1.2M-$5.7M-$5.9M-$7.1M-$9.4M-$1.7M-$2.1M-$2.6K-$317.4K-$496.7K-$486.8K-$369.9K$489.6K
Professional Fees$229.1K$251.4K$312.7K$318.5K$398.1K$237.9K$143.6K$207.3K$212.0K$184.7K$140.0K$138.4K$172.7K
Other Income$235.0K$369.7K$312.4K$726.2K$283.9K$270.3K$152.8K$133.2K$55.9K$31.3K$56.1K$93.0K$150.5K
Noninterest Expense Directors Fees$37.8K$37.4K$37.0K$37.7K$37.3K$37.3K$18.9K$18.7K$18.5K$18.9K$18.7K$18.5K$20.2K
Management Fee Expense$2.2M$2.2M$2.3M$2.4M$2.5M$2.4M$2.2M$2.0M$1.9M$2.0M$2.2M$2.3M$1.5M
Investment Income Net$31.7M$31.7M$31.2M$37.3M$36.5M$34.8M$28.8M$27.4M$26.2M$20.0M$16.5M$14.3M$8.9M
Investment Income Dividend$657.2K$481.5K$574.3K$599.7K$805.0K$1.3M$1.3M$1.1M$676.9K$223.8K$50.1K$4.6K$2.8K
Interest And Other Income$30.4M$30.0M$29.8M$35.8M$35.3M$33.3M$27.3M$26.2M$25.5M$19.7M$16.4M$14.2M$8.7M
Other Operating Income$0.00$0.00$0.00$0.00$0.00$50.5K$274.7K$255.8K$239.0K$250.0K$274.7K$282.2K$186.3K
Stock Issued During Period Value Dividend Reinvestment Plan$0.00$0.00$514.6K$1.1M$593.2K$0.00$14.7M$6.9M$5.4M$5.0M$2.3M
Dividends And Distributions To Stockholders-$13.4M-$13.5M-$12.7M-$15.3M-$15.3M-$16.0M-$28.6M-$13.2M-$10.1M-$8.4M
Stock Issued During Period Value New Issues$0.00$0.00$0.00$0.00$0.00$89.7M$350.0K$6.2M$11.1M$37.2M
Other Operating Income Expense Net-$18.0M-$17.8M-$18.3M-$21.6M-$20.8M-$18.5M-$14.0M-$13.2M-$12.6M-$9.5M
Interest Paid Net$13.4M$14.5M$7.9M$3.5M
Increase Decrease Due From Affiliates$214.7K-$1.6M$4.9K$1.5K
Gross Investment Income Operating$31.7M$31.7M$31.2M$37.3M$36.5M$34.8M$28.8M$27.4M$26.2M
Line Of Credit$450.1M$461.1M$472.3M$518.5M$519.9M$795.2M$632.5M$627.4M$616.4M$637.1M
Investment Owned At Fair Value$1.26B$1.28B$1.33B$1.39B$1.43B$1.39B$1.10B$1.06B$1.04B$1.01B
Investment Owned At Cost$1.33B$1.34B$1.40B$1.43B$1.47B$1.44B$1.16B$1.14B$1.13B$1.10B
Repayments Of Lines Of Credit$56.3M$0.00$27.5M$20.0M
Amortization Of Financing Costs$424.7K$289.6K$245.0K$243.7K
Distributions Declared During The Period$12.7M$16.0M
Incentive Fee Expense$2.0M$1.9M$1.8M$2.2M$2.2M$1.9M$0.00
Reinvestment Of Distributions During The Period$0.00$0.00
Interest Income Operating Paid In Kind$360.9K$801.9K$507.9K$204.8K$182.1K$0.00$0.00

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

Data sourced from SEC EDGAR public filings as of August 8, 2026.