New Mountain Finance Corp
For the period ended Sep 30, 2026. Filed Nov 2, 2026.
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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.
Sep 30, 2026 · Filed Nov 2, 2026
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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 September 30, 2026
o Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
| CommissionFile Number | Exact name of registrant as specified in its charter, address of principal executiveoffices, telephone numbers and states or other jurisdictions of incorporation or organization | I.R.S. EmployerIdentification Number |
|---|---|---|
| 814-00832 | New Mountain Finance Corporation | 27-2978010 |
| 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 class | Trading Symbol(s) | Name of each exchange on which registered |
| Common stock, par value $0.01 per share | NMFC | NASDAQ Global Select Market |
| 8.250% Notes due 2028 | NMFCZ | NASDAQ 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 filer | ý | Accelerated filer | o |
| Non-accelerated filer | o | Smaller reporting company | o |
| Emerging growth company | o | ||
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.
| Description | Shares as of November 2, 2026 |
|---|---|
| Common stock, par value $0.01 per share | 94,452,390 |
FORM 10-Q FOR THE QUARTER ENDED SEPTEMBER 30, 2026
TABLE OF CONTENTS
| PAGE | ||
|---|---|---|
| PART I. FINANCIAL INFORMATION | ||
| Item 1. · Financial Statements | ||
| New Mountain Finance Corporation | ||
| Consolidated Statements of Assets and Liabilities as of September 30, 2026 (unaudited) and December 31, 2025 | 3 | |
| Consolidated Statements of Operations for the three and nine months ended September 30, 2026 (unaudited) and September 30, 2025 (unaudited) | 4 | |
| Consolidated Statements of Changes in Net Assets for the three and nine months ended September 30, 2026 (unaudited) and September 30, 2025 (unaudited) | 5 | |
| Consolidated Statements of Cash Flows for the nine months ended September 30, 2026 (unaudited) and September 30, 2025 (unaudited) | 6 | |
| Consolidated Schedule of Investments as of September 30, 2026 (unaudited) | 7 | |
| Consolidated Schedule of Investments as of December 31, 2025 | 35 | |
| Notes to the Consolidated Financial Statements of New Mountain Finance Corporation (unaudited) | 63 | |
| Report of Independent Registered Public Accounting Firm | 112 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 113 |
| Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 133 |
| Item 4. | Controls and Procedures | 134 |
| PART II. OTHER INFORMATION | 135 | |
| Item 1. | Legal Proceedings | 135 |
| Item 1A. | Risk Factors | 135 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 136 |
| Item 3. | Defaults Upon Senior Securities | 137 |
| Item 4. | Mine Safety Disclosures | 137 |
| Item 5. | Other Information | 137 |
| Item 6. | Exhibits | 138 |
| Signatures | 139 | |
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