BLK · News · 20261106N

Quarterly Earnings Performance

BlackRock, Inc. · 2026-11-06 · Importance 40 · Surprise 56

BlackRock TCP Capital Corp. reported Q3 2026 investment income of $28.48 million, down 43.6% year over year, and a GAAP loss of $0.80 per share. Net investment income was $13.4 million, or $0.16 per diluted share, while adjusted net investment income was $12.5 million, or $0.15 per diluted share. NAV fell $0.97 per share to $5.61, with the decline attributed to a portfolio sale and markdowns in certain investments. Adjusted net investment income fell short of the declared dividend, and non-accruals as a percentage of the portfolio increased.