Barings BDC, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $18.3M | $20.0M | $25.2M | $23.6M | $20.6M | $32.6M | $24.8M | $22.0M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $15.8M | $68.0M | $204.5M | $16.5M | $-52.7M | $-7.8M | $-45.2M | $24.1M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | — | — | — | — | — | — | — |
| Financing Activities | ||||||||
| Dividends Paid | $27.2M | $27.2M | $27.3M | $32.6M | $32.6M | $32.7M | $27.4M | $27.5M |
| Stock Repurchases | $0 | $0 | $4.0M | $0 | $888.0K | $1.5M | $1.5M | $2.0M |
| Net Cash from Financing Activities | $-41.6M | $-39.1M | $-221.0M | $17.5M | $1.4M | $17.0M | $70.5M | $-42.5M |
| Net Change in Cash | $-25.8M | $28.9M | $-16.4M | $33.9M | $-51.4M | $9.3M | $25.3M | $-18.4M |
| Free Cash Flow | — | — | — | — | — | — | — | — |