Golub Capital BDC, Inc. (GBDC)

Golub Capital BDC Cash Flow Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	330.58	376.65	273.79	258.63	153.44	340.28
Other Amortization	9.96	10	9.24	7.38	7.34	10.2
Loss (Gain) From Sale of Investments	61.95	20.56	100.77	19.78	30.55	-163.35
Other Operating Activities	68.49	-509.64	-53.38	-57.85	-639.08	-503.02
Change in Accounts Receivable	1.17	6.01	16.22	-37.26	-2.53	-1
Change in Accounts Payable	3.71	-0.54	-1.26	1.23	0.21	2.08
Change in Other Net Operating Assets	4.82	-10.36	1.14	3.85	35.42	-3.41
Operating Cash Flow	473.15	-113.59	343.91	195.37	-416.46	-306.05
Operating Cash Flow Growth	-	-	76.03%	-	-	-
Long-Term Debt Issued	-	4,802	2,929	652.58	1,293	3,359
Total Debt Issued	1,577	4,802	2,929	652.58	1,293	3,359
Long-Term Debt Repaid	-	-4,515	-2,691	-627.09	-741.21	-2,816
Total Debt Repaid	-1,667	-4,515	-2,691	-627.09	-741.21	-2,816
Net Debt Issued (Repaid)	-89.68	287.66	237.75	25.49	551.46	542.79
Issuance of Common Stock	37.43	37.43	-	-	-	-
Repurchase of Common Stock	-132.01	-77.83	-4.81	-63.79	-36.42	-14.66
Common Dividends Paid	-344.39	-368.21	-338.19	-191.47	-155.21	-139.12
Other Financing Activities	-5.11	-10.64	-18.99	-5.78	-6.7	-22.16
Financing Cash Flow	-533.76	-131.59	-124.24	-235.55	353.13	366.85
Foreign Exchange Rate Adjustments	0.28	-1.93	-0.33	-0.17	-0.46	-0.89
Net Cash Flow	-60.33	-247.11	219.35	-40.35	-63.79	59.91
Cash Interest Paid	264.25	280.23	180.07	138.44	72.46	48.77
Levered Free Cash Flow	301.43	423.44	78.33	165.16	138.23	209.07
Unlevered Free Cash Flow	463.65	590.32	202.02	251.13	185.69	238.98
Change in Working Capital	9.7	-4.9	16.1	-32.19	33.1	-2.33

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q