Main Street Capital CORP
For the period ended Oct 15, 2026. Filed Oct 15, 2026.
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Oct 15, 2026 · Filed Oct 15, 2026
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Contents
EX-99.1 · Endnotes
Endnotes
(1)DNII is NII as determined in accordance with U.S. Generally Accepted Accounting
Principles, or U.S. GAAP, excluding the impact of non-cash compensation expenses,
which includes both share-based compensation expenses and deferred compensation
expense or benefit. Main Street believes presenting DNII per share is useful and
appropriate supplemental disclosure for analyzing its financial performance since (i)
share-based compensation does not require settlement in cash and (ii) deferred
compensation expense or benefit does not result in a net cash impact to Main Street
upon settlement. However, DNII is a non-U.S. GAAP measure and should not be
considered as a replacement for NII or other earnings measures presented in
accordance with U.S. GAAP. Instead, DNII should be reviewed only in connection
with such U.S. GAAP measures in analyzing Main Street’s financial performance. In
order to reconcile estimated DNII per share to estimated NII per share in accordance
with U.S. GAAP for thethird quarter of 2026, an estimated $0.06 to$0.07 per share
of non-cash compensation expenses are added back to estimated NII per share to
calculate estimated DNII per share.
(2)DNII before taxes is NII as determined in accordance with U.S. GAAP, excluding the
impact of non-cash compensation expenses, which includes both share-based
compensation expenses and deferred compensation expense or benefit, and any tax
expenses included in NII. Main Street believes presenting DNII before taxes per share
is useful and appropriate supplemental disclosure for analyzing its financial
performance since (i) share-based compensation does not require settlement in cash,
(ii) deferred compensation expense or benefit does not result in a net cash impact to
Main Street upon settlement and (iii) tax expenses included in NII may include (a)
excise tax expense, which is not solely attributable to NII, and (b) deferred taxes,
which are not payable in the current period. However, DNII before taxes is a non-
U.S. GAAP measure and should not be considered as a replacement for NII, NII
before taxes or other earnings measures presented in accordance with U.S. GAAP.
Instead, DNII before taxes should be reviewed only in connection with such U.S.
GAAP measures in analyzing Main Street’s financial performance. In order to
reconcile estimated DNII before taxes per share to estimated NII per share in
accordance with U.S. GAAP for thethird quarter of 2026, an estimated$0.06 to
$0.07 per share of non-cash compensation expenses and an estimated$0.02 per share
of NII related tax expenses are added back to estimated NII per share to calculate
estimated DNII before taxes per share.
(3)Return on equity equals the net increase in net assets resulting from operations
divided by the average quarterly total net assets.
(4)No information contained on the Company’s website or disclosed on the November 6,
2026 conference call, including the webcast and the archived versions, is incorporated
by reference in this press release or any of the Company’s filings with the SEC, and
you should not consider that information to be part of this press release or any other
such filing.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.