Goldman Sachs BDC, Inc. (GSBD)

Goldman Sachs BDC Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	119.27	62.87	195.87	55	192.43
Other Adjustments	11.5	122.43	-15.35	120.83	-48.7
Changes in Accrued Interest and Accounts Receivable	1.17	10.44	-6.76	-8.5	-1.69
Changes in Accounts Payable	1.08	0.95	12.86	-1.81	5.84
Changes in Accrued Expenses	-3.23	3.24	1.51	1.84	-0.06
Changes in Other Operating Activities	195.9	-197.47	112.56	-139.92	-177.68
Operating Cash Flow	325.68	2.46	300.69	27.44	-29.86
Operating Cash Flow Growth	13155.27%	-99.18%	995.86%	-	-
Long-Term Debt Issued	1,592	1,099	378.54	846.18	1,128
Long-Term Debt Repaid	-1,641	-995.65	-567.7	-698.5	-898.19
Net Long-Term Debt Issued (Repaid)	-48.88	103.61	-189.16	147.68	229.34
Issuance of Common Stock	-	109.93	98.09	14.01	-
Repurchase of Common Stock	-52.18	-	-	-	-
Net Common Stock Issued (Repurchased)	-52.18	109.93	98.09	14.01	-
Common Dividends Paid	-233.52	-197.7	-190.96	-180	-193.04
Other Financing Activities	-9.88	-8.69	-5.96	-3.44	-4.61
Financing Cash Flow	-344.45	7.15	-287.99	-21.75	31.69
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.19	-0.17	0.06	0.15	-0.21
Net Cash Flow	-18.77	9.6	12.7	5.69	1.84
Free Cash Flow	325.68	2.46	300.69	27.44	-29.86
Free Cash Flow Growth	13155.27%	-99.18%	995.86%	-	-
FCF Margin	169.81%	1.87%	102.67%	26.73%	-12.27%
Free Cash Flow Per Share	2.82	0.02	2.78	0.27	-0.29
Levered Free Cash Flow	265.31	-16.37	126.89	54.29	248.18
Unlevered Free Cash Flow	194.92	-182.84	120.17	-148.4	-173.59

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q