Nuveen Churchill Direct Lending Corp. (NCDL) — Financial statements
Income statement, balance sheet, and cash flow for Nuveen Churchill Direct Lending Corp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 202↑8.5% | 186↑29.2% | 144↑207.6% | 47↑19.3% | 39 | |
| Cost of Revenue | 31↓59.0% | 75↑28.6% | 58↑147.5% | 23↑138.4% | 10 | |
| Gross Profit | 171↑53.7% | 111↑29.5% | 86↑267.8% | 23↓20.5% | 29 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 8↑16.4% | 7↑5.7% | 6↑55.1% | 4↑48.7% | 3 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 8↑16.4% | 7↑5.7% | 6↑55.1% | 4↑48.7% | 3 | |
| Other Expenses | 20↑272.8% | -12↓477.1% | 3↑46.9% | 2↑500.8% | -0.52 | |
| Operating Expenses | 28↑647.0% | -5↓154.6% | 9↑52.3% | 6↑181.4% | 2 | |
| Total Costs & Expenses | 58↓16.3% | 70↑3.4% | 67↑127.9% | 30↑146.1% | 12 | |
| Operating Results | ||||||
| Operating Income | 144↑23.3% | 116↑51.7% | 77↑343.5% | 17↓36.5% | 27 | |
| Depreciation & Amortization | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EBITDA | 144↑23.3% | 116↑51.7% | 77↑343.5% | 17↓36.5% | 27 | |
| EBIT | 144↑23.3% | 116↑51.7% | 77↑343.5% | 17↓36.5% | 27 | |
| Interest & Other Income | ||||||
| Net Interest Income | 118↓11.4% | 133↑34.1% | 99↑80.7% | 55↑118.2% | 25 | |
| Interest Income | 196↓8.1% | 213↑32.8% | 161↑99.0% | 81↑130.3% | 35 | |
| Interest Expense | 78↓2.5% | 80↑30.5% | 61↑138.2% | 26↑161.5% | 10 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -78 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 66↓43.5% | 116↑51.7% | 77↑343.5% | 17↓36.5% | 27 | |
| Income Tax Expense | 0.15↓3.2% | 0.15↓81.4% | 0.83↑3358.3% | 0.02 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 66↓43.6% | 116↑53.2% | 76↑339.3% | 17↓36.6% | 27 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 66↓43.6% | 116↑53.2% | 76↑339.3% | 17↓36.6% | 27 | |
| Bottom-Line Net Income | 66↓43.6% | 116↑53.2% | 76↑339.3% | 17↓36.6% | 27 | |
| EPS (Basic) | 1.30↓39.5% | 2.15↓5.3% | 2.27↑206.8% | 0.74↓65.1% | 2.12 | |
| EPS (Diluted) | 1.30↓39.5% | 2.15↓5.3% | 2.27↑206.8% | 0.74↓65.1% | 2.12 | |
| Weighted Average Shares | 50↓7.1% | 54↑62.1% | 33↑43.4% | 23↑81.2% | 13 | |
| Weighted Average Diluted Shares | 50↓7.1% | 54↑62.1% | 33↑43.4% | 23↑81.2% | 13 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.