BlackRock TCP Capital Corp. (NASDAQ: BLK), today announced its financial results for the fourth quarter and year ended December 31, 2025.
On a GAAP basis, net investment income for the quarter ended December 31, 2025 was $22.1 million, or $0.26 per share on a diluted basis, which exceeded the regular dividend of $0.25 per share paid on December 31, 2025. Excluding amortization of purchase discount recorded in connection with the Merger, adjusted net investment income for the quarter ended
December 31, 2025 was $21.4 million, or $0.25 per share on a diluted basis. Adjusted net investment income for the year ended December 31, 2025 was $104.0 million, or $1.22 per share on a diluted basis.
Net asset value per share was $7.07 as of December 31, 2025, compared to $8.71 as of September 30, 2025.
Net decrease in net assets from operations on a GAAP basis for the quarter ended December 31, 2025 was $118.3 million, or $1.39 per share, compared to a $24.4 million, or $0.29 per share, net increase in net assets from operations for the quarter ended September 30, 2025.
BLK shares started out Friday lower by $41.30, or 3.8%, $1,048.97.
