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Goldman Sachs BDC, Inc.

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

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.

See the whole filing, with its images and exhibits
Contents

Table of Contents

ITEM 1.Business5
ITEM 1A.Risk Factors29
ITEM 1B.Unresolved Staff Comments62
ITEM 1C.Cybersecurity62
ITEM 2.Properties63
ITEM 3.Legal Proceedings63
ITEM 4.Mine Safety Disclosures63
PART II64
ITEM 5.Market For Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities64
ITEM 6.[RESERVED]69
ITEM 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations70
ITEM 7A.Quantitative and Qualitative Disclosures About Market Risk86
ITEM 8.Consolidated Financial Statements and Supplementary Data87
ITEM 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure159
ITEM 9A.Controls and Procedures159
ITEM 9B.Other Information159
ITEM 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections159
PART III160
ITEM 10.Directors, Executive Officers and Corporate Governance160
ITEM 11.Executive Compensation160
ITEM 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters160
ITEM 13.Certain Relationships and Related Transactions, and Director Independence160
ITEM 14.Principal Accounting Fees and Services160
PART IV161
ITEM 15.Exhibits, Financial Statement Schedules161
SIGNATURES166
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.