Goldman Sachs BDC, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
GSBD$8.58-0.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Net Assets
f Changes in Net Assets
| For the Years Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Net assets at beginning of period | $1,572,700 | $1,601,825 | $1,502,394 |
| Increase (decrease) in net assets from operations: | |||
| Net investment income | $181,567 | $252,553 | $247,241 |
| Net realized gain (loss) | (122,610) | (153,432) | (71,371) |
| Net change in unrealized appreciation (depreciation) | 60,390 | (36,070) | 20,639 |
| (Provision) benefit for taxes on realized gain/loss on investments | (80) | (492) | (1,210) |
| (Provision) benefit for taxes on unrealized appreciation/depreciation on investments | — | 308 | 575 |
| Net increase (decrease) in net assets from operations | $119,267 | $62,867 | $195,874 |
| Distributions to stockholders from: | |||
| Distributable earnings | $(216,756) | $(208,488) | $(197,124) |
| Total distributions to stockholders | $(216,756) | $(208,488) | $(197,124) |
| Capital transactions: | |||
| Issuance of common stock (net of offering and underwriting costs) | $— | $109,192 | $97,541 |
| Reinvestment of stockholder distributions | — | 7,304 | 3,140 |
| Repurchases of common stock (including commissions and direct acquisition costs) | (52,192) | — | — |
| Net increase (decrease) in net assets from capital transactions | $(52,192) | $116,496 | $100,681 |
| Total increase (decrease) in net assets | $(149,681) | $(29,125) | $99,431 |
| Net assets at end of period | $1,423,019 | $1,572,700 | $1,601,825 |
| Distributions per share | $1.88 | $1.80 | $1.80 |
Consolidated Stateme
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