Saturday 17 October 2026 Export FDUS’s income statement to Excel — free account

Fidus Investment Corporation

Fidus Investment Corporation’s revenue for fiscal 2025 (year ended December 2025) was $155.9 million, up 6.65% from fiscal 2024. In the quarter to June 2026, revenue grew 8.84%, EPS fell 26.4%, free cash flow fell 205.0% and total debt rose 47.3%, each against the same quarter a year earlier. Revenue growth for ten consecutive years.

18.97 0.47 −2.42%

Follow FDUS

Alert me

Market cap: $773.1M
P/E: 9.1×
Fwd P/E: 9.1×
Dividend yield: 2.27%
F-score: 3/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 773.14

Revenue 170.43

Net Income 77.31

Free Cash Flow (211.26)

Net Debt 248.79

Current Ratio 0.09

Debt/Equity 0.39

P/E ratio 9.08

Fwd P/E 9.14

P/S ratio 4.22

P/B ratio 0.98

Past 5Y EPS Growth 12.63%

This Y EPS Growth 0.09%

Next Y EPS Growth (7.41%)

Next Y revenue growth 15.93%

Next 5Y EPS Growth (5.63%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 73.42%

10-year low 10-year high

P/S against its own 10 years 16.55%

10-year low 10-year high

P/B against its own 10 years 57.69%

10-year low 10-year high

Dividends

Payout Ratio 0.21

Annual Dividend Rate 0.43

Annual Dividend Yield 2.27%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.14	0.09 0.43 0.07
2025	2.15	0.11 0.11 0.14 0.07
2024	0.86	0.43 0.16 0.14 0.43
2023	0.41	0.25 0.41 0.31 0.37
2022	0.72	0.17 0.36 0.07 0.36
2021	0.95	0.31 0.08 0.32 0.32
2020	1.29	0.39 0.30 0.30 0.30
2019	1.56	0.39 0.39 0.39 0.39
2018	1.17	0.39 0.39 0.39 0.04
2017	1.56	0.39 0.39 0.39 0.39
2016	1.17	0.39 0.39 0.39 0.04

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	119	57	80	39
Receivables	12	15	21	28
Inventory	—	—	—	—
Other	—	—	—	—
	133	74	102	68

	2023	2024	2025	Q'26
Payables	1	1	2	2
ST’ Debt	204	169	231	288
Other	27	25	28	27
	501	508	685	763

Compound Annual Growth %

	10y	5y	3y
Sales	11.13%	12.86%	18.30%
Cash Flow	0.00%	0.00%	0.00%
Earnings	12.24%	21.42%	32.01%
Book Value	11.61%	12.55%	15.59%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	48	44	—	—	—
’25	36	40	37	42	156
’24	35	36	38	37	146
’23	29	31	34	36	130
’22	21	21	25	27	94
’21	23	22	21	24	90
’20	20	20	21	24	85

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(33)	(42)	—	—	—
’25	(50)	40	(32)	(105)	(147)
’24	(78)	(3)	5	21	(55)
’23	(41)	(17)	25	3	(29)
’22	(91)	(2)	(24)	12	(106)
’21	44	0	55	69	168
’20	13	(8)	42	9	56

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(33)	(42)	—	—	—
’25	(50)	40	(32)	(105)	(147)
’24	(78)	(3)	5	21	(55)
’23	(41)	(17)	25	3	(29)
’22	(91)	(2)	(24)	12	(106)
’21	44	0	55	69	168
’20	13	(8)	42	9	56

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.52	0.53	—	—	—
’25	0.58	0.72	0.54	0.50	2.32
’24	0.65	0.75	0.49	0.52	2.40
’23	0.62	0.44	0.91	0.91	2.93
’22	0.48	0.33	0.47	0.19	1.46
’21	0.47	1.06	1.16	2.06	4.75
’20	(1.10)	0.33	0.85	1.20	1.28

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	11.34	15.10	11.48	11.57	4.45	12.61	16.40	17.63	18.41	16.70	Analyst estimates 2026–2028 Powerpack
	High	17.09	18.21	15.75	16.50	15.65	18.87	21.25	21.26	21.68	23.55
People
People	Employees	—	—	—	—	—	—	—	—	—	—
	Revenue/emp, $m	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income, $m
Income, $m	Revenue	60	69	76	77	85	90	94	130	146	156
	Gross margin, %	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
	EBT	27	34	36	32	41	26	48	66	77	76
	EBT margin, %	44.87	49.53	46.81	42.11	47.59	28.34	50.95	50.83	52.74	48.82
	Net income	42	44	49	48	31	116	36	77	78	82
	Depreciation	1	1	1	2	2	2	2	2	2	3
Per share, $
Per share, $	Revenue	3.29	2.92	3.12	3.15	3.48	3.70	3.85	4.94	4.49	4.39
	Earnings	2.27	1.87	2.02	1.98	1.28	4.75	1.46	2.93	2.40	2.32
	Cash flow	(1.84)	(1.20)	0.33	(2.81)	2.29	6.87	(4.31)	(1.12)	(1.70)	(4.14)
	Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Free cash flow	(1.84)	(1.20)	0.33	(2.81)	2.29	6.87	(4.31)	(1.12)	(1.70)	(4.14)
	Book value	19.35	16.72	16.47	16.85	16.81	19.96	19.63	22.36	20.12	20.90
	Shares, m	18	24	24	24	24	24	24	26	33	35
Valuation, ×
Valuation, ×	P/E	7.12	8.36	5.79	7.49	10.23	3.79	13.05	6.82	8.72	8.25
	P/S	4.91	5.33	3.74	4.71	3.76	4.86	4.99	3.98	4.69	4.39
	P/B	0.84	0.93	0.71	0.88	0.78	0.90	0.98	0.88	1.04	0.92
	EV/Sales	7.61	8.03	5.64	6.51	3.99	4.13	5.90	4.63	5.45	5.36
	EV/FCF	(13.63)	(19.54)	52.87	(7.30)	6.07	2.23	(5.26)	(20.47)	(14.40)	(5.69)
Cash, $m
Cash, $m	Operating cash flow	(34)	(28)	8	(69)	56	168	(106)	(29)	(55)	(147)
	Capex	—	—	—	—	—	—	—	—	—	—
	Free cash flow	(34)	(28)	8	(69)	56	168	(106)	(29)	(55)	(147)
Balance, $m
Balance, $m	Working capital	(171)	(203)	(240)	(355)	(332)	(231)	(380)	(368)	(435)	(583)
	Total debt	220	227	187	154	144	104	148	204	169	231
	Net debt	163	185	145	139	20	(65)	86	85	112	151
	Shareholders’ equity	354	393	403	412	411	488	480	589	656	742
Returns, %
Returns, %	ROA	7.79	7.13	7.38	6.53	3.75	13.10	3.91	7.61	6.94	6.36
	ROIC	3.27	3.67	4.08	3.68	5.88	3.79	5.29	6.13	6.28	5.33
	ROE	13.83	11.77	12.42	11.89	7.59	25.84	7.40	14.42	12.58	11.79

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
PSEC Prospect Capital Corporation	$870.1M	32.0×	6.4×	−6.70% (below 0%: shrinking)	n/m	−475.83% (below 0%: shrinking)	74.95%	70.34%	Compare
KBDC Kayne Anderson BDC, Inc.	$834.1M	11.4×	9.9×	−2.78% (below 0%: shrinking)	−54.29% (below 0%: shrinking)	−2,950.25% (below 0%: shrinking)	86.61%	84.68%	Compare
VRTS Virtus Investment Partners, Inc.	$813.9M	6.8×	— (loss-making)	−4.35% (below 0%: shrinking)	+9.87% (above 0%: growing)	−24.42% (below 0%: shrinking)	100.00%	13.57%	Compare
FDUS Fidus Investment Corporation	$773.1M	9.1×	9.1×	+8.84% (above 0%: growing)	−26.39% (below 0%: shrinking)	−204.97% (below 0%: shrinking)	100.00%	68.28%
CGBD Carlyle Secured Lending, Inc.	$733.5M	20.4×	11.1×	−7.72% (below 0%: shrinking)	n/m	+131.88% (above 0%: growing)	100.00%	74.03%	Compare
BUR Burford Capital Limited	$722.5M	— (loss-making)	— (loss-making)	−42.14% (below 0%: shrinking)	−97.50% (below 0%: shrinking)	+161.57% (above 0%: growing)	100.00%	57.14%	Compare
VINP Vinci Compass Investments Ltd.	$717.4M	15.2×	8.7×	+30.12% (above 0%: growing)	−26.32% (below 0%: shrinking)	+17.98% (above 0%: growing)	100.00%	27.59%	Compare
MFIC MidCap Financial Investment Corporation	$700.2M	— (loss-making)	14.7×	−16.03% (below 0%: shrinking)	n/m	+307.98% (above 0%: growing)	100.00%	87.62%	Compare
BCSF Bain Capital Specialty Finance, Inc.	$689.6M	10.4×	9.7×	−12.14% (below 0%: shrinking)	−40.54% (below 0%: shrinking)	+10,857.59% (above 0%: growing)	100.00%	80.20%	Compare
Median of peers	$728.0M	13.3×	9.8×	−7.21%	−40.54%	+74.93%	100.00%	72.19%

All 120 Asset Management stocks →

Fidus Investment Corporation (FDUS) key facts

Strength: Fidus Investment Corporation’s revenue for fiscal 2025 (year ended December 2025) was $155.9 million, up 6.65% from fiscal 2024.
Strength: Net income was $82.4 million, or $2.32 per share (basic), a net margin of 52.9%.
Fidus Investment Corporation (FDUS) is an Asset Management company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, FDUS traded at $18.97, a market capitalization of $773.1 million.
At that price the stock trades at 9.1× trailing-twelve-month earnings and 4.2× sales; its P/E is higher than 73% of its own readings over the past ten years.
Fidus Investment Corporation pays an annual dividend of $0.43 per share, a yield of 2.27%, with a payout ratio of 20.6%.
Return on equity was 11.8% and debt-to-equity 0.39.
Its Piotroski F-score is 3 out of 9 for fiscal 2025.