Skip to main content

New Mountain Finance Corp

For the period ended Jun 30, 2025. Filed Aug 4, 2025.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 4, 2025

NMFC$6.91-1.3%Stored close · as of Nov 6, 2026
See the whole filing, with its images and exhibits

Cover page

Show cover page

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

ý Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the Quarterly Period Ended June 30, 2025

o Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

CommissionFile NumberExact name of registrant as specified in its charter, address of principal executiveoffices, telephone numbers and states or other jurisdictions of incorporation or organizationI.R.S. EmployerIdentification Number
814-00832New Mountain Finance Corporation27-2978010
1633 Broadway, 48th FloorNew York, New York 10019Telephone: (212) 720-0300State of Incorporation: Delaware

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.01 per shareNMFCNASDAQ Global Select Market
8.250% Notes due 2028NMFCZNASDAQ Global Select Market

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act") during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ý Noo

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ý Noo

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filerýAccelerated filero
Non-accelerated fileroSmaller reporting companyo
Emerging growth companyo

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yeso Noý

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

DescriptionShares as of August 4, 2025
Common stock, par value $0.01 per share106,360,961

FORM 10-Q FOR THE QUARTER ENDED JUNE 30, 2025

TABLE OF CONTENTS

PAGE
PART I. FINANCIAL INFORMATION
Item 1. · Financial Statements
New Mountain Finance Corporation
Consolidated Statements of Assets and Liabilities as of June 30, 2025 (unaudited) and December 31, 20243
Consolidated Statements of Operations for the three and six months ended June 30, 2025 (unaudited) and June 30, 2024 (unaudited)4
Consolidated Statements of Changes in Net Assets for the three and six months ended June 30, 2025 (unaudited) and June 30, 2024 (unaudited)5
Consolidated Statements of Cash Flows for the six months ended June 30, 2025 (unaudited) and June 30, 2024 (unaudited)6
Consolidated Schedule of Investments as of June 30, 2025 (unaudited)7
Consolidated Schedule of Investments as of December 31, 202438
Notes to the Consolidated Financial Statements of New Mountain Finance Corporation (unaudited)67
Report of Independent Registered Public Accounting Firm118
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations119
Item 3.Quantitative and Qualitative Disclosures About Market Risk139
Item 4.Controls and Procedures140
PART II. OTHER INFORMATION141
Item 1.Legal Proceedings141
Item 1A.Risk Factors141
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds142
Item 3.Defaults Upon Senior Securities142
Item 4.Mine Safety Disclosures143
Item 5.Other Information143
Item 6.Exhibits144
Signatures145
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.