BAIN CAPITAL SPECIALTY FINANCE, INC.

BCSF ·United States
Financial Statements Cash Flow Statement
Annual Quarterly

Cash Flow Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021 FY2020
Operating Activities
Net Income $98.8M $119.4M $123.4M $105.5M $119.8M $8.3M
Depreciation & Amortization
Depreciation
Amortization
Stock-Based Compensation
Net Cash from Operating Activities $29.5M $-27.1M $219.3M $-316.8M $265.6M $89.4M
Investing Activities
Capital Expenditures
Business Acquisitions
Net Cash from Investing Activities
Financing Activities
Dividends Paid $145.8M $114.3M $99.4M $87.8M $87.8M
Stock Repurchases
Net Cash from Financing Activities $-71.9M $14.3M $-231.4M $238.3M $-138.6M $-76.5M
Net Change in Cash
Free Cash Flow