NYSE · NCDL
Nuveen Churchill Direct Lending financials
$11.68+0.34%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.0M | $35.2M | $44.6M | $48.4M | $46.2M | $43.4M | $56.7M | $65.4M | $44.0M | $52.0M |
| Gross profit | $10.5M | $17.4M | $26.6M | $29.2M | $26.1M | $22.7M | $35.7M | $42.2M | $25.3M | $35.1M |
| Gross margin | 38.7% | 49.5% | 59.7% | 60.3% | 56.5% | 52.4% | 62.9% | 64.5% | 57.5% | 67.4% |
| Operating income | $2.9M | $8.9M | $16.4M | $18.7M | $15.9M | $15.0M | $30.3M | $36.6M | $19.9M | $30.2M |
| Net income | $3.6M | $8.7M | $15.9M | $18.7M | $16.0M | $15.0M | $29.5M | $36.6M | $20.2M | $30.0M |
| Net margin | 13.3% | 24.7% | 35.7% | 38.6% | 34.7% | 34.6% | 52.0% | 56.0% | 45.9% | 57.7% |
| Diluted EPS | $0.07 | $0.18 | $0.32 | $0.38 | $0.32 | $0.29 | $0.54 | $0.67 | $0.37 | $0.57 |
| EBITDA | $2.9M | $8.9M | $16.4M | $18.7M | $15.9M | $15.0M | $30.3M | $36.6M | $19.9M | $30.2M |
| Operating cash flow | $61.0M | -$13.7M | $28.6M | $37.3M | $137.1M | -$8.8M | $12.0M | -$42.3M | -$169.4M | -$97.6M |
| Free cash flow | $61.0M | -$13.7M | $28.6M | $37.3M | $137.1M | -$8.8M | $12.0M | -$42.3M | -$169.4M | -$97.6M |
| Diluted shares | 49.4M | 49.4M | 49.3M | 49.4M | 50.2M | 52.2M | 54.2M | 54.7M | 54.8M | 52.8M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $45.8M | $50.4M | $62.5M | $46.3M | $44.0M | $49.2M |
| Short-term investments | $1.93B | $1.98B | $1.98B | $1.98B | $2.01B | $2.10B |
| Total debt | $1.09B | $1.14B | $1.12B | $1.11B | $1.11B | $1.20B |
| Total assets | $1.99B | $2.05B | $2.05B | $2.04B | $2.07B | $2.17B |
| Total liabilities | $1.14B | $1.18B | $1.18B | $1.16B | $1.19B | $1.25B |
| Shareholders' equity | $849.0M | $864.1M | $875.2M | $881.5M | $887.7M | $920.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology