Carlyle Secured Lending, Inc. (CGBD) reported its financial results for the second quarter of 2026, revealing a net investment income of $24.0 million, or $0.35 per common share. This marks a decrease from the previous year’s net investment income of $28.3 million, or $0.39 per share, primarily due to lower yields on investments. The company declared dividends totaling $24.2 million, also at $0.35 per share, during the quarter. The net asset value (NAV) per common share decreased to $15.61 from $16.26 at the end of the previous fiscal period.

Total investment income for the quarter was reported at $62.1 million, down from $67.3 million in the same period last year. The decline was attributed to a reduction in interest income, which fell to $46.3 million from $55.6 million, alongside a decrease in other income. However, the company saw an increase in dividend income, which rose to $8.0 million from $5.0 million, reflecting stronger performance from its investments in Credit Fund and Structured Credit Partners.

Carlyle Secured Lending's investment portfolio as of June 30, 2026, consisted of 263 investments across 177 portfolio companies, with a total fair value of $2.4 billion. The company’s total assets decreased to $2.4 billion from $2.8 billion at the end of 2025, driven by a reduction in cash and cash equivalents and a decline in the fair value of investments. The company reported a total of $1.29 billion in debt and secured borrowings, down from $1.53 billion at the end of the previous fiscal year, reflecting repayments and a reduction in outstanding borrowings under its credit facilities.

In terms of operational developments, Carlyle Secured Lending completed the acquisition of Carlyle Secured Lending III in March 2025, which has been consolidated into its financial statements. The company also repurchased 1.1 million shares of its common stock during the quarter, resulting in a NAV per share accretion of approximately $0.07. Looking ahead, the company has declared a common stock dividend of $0.35 per share, payable on October 16, 2026, and maintains a strong liquidity position of $592.2 million, which includes cash and unused debt capacity, to support its investment objectives.

About Carlyle Secured Lending, Inc.

Carlyle Secured Lending, Inc. is a Maryland-based specialty finance company and business development company (BDC) that primarily invests in secured debt of U.S. middle market companies. It focuses on direct origination of senior secured loans, including first and second lien debt, supporting private equity-backed firms. Backed by Carlyle’s global credit platform, it offers flexible, credit-driven investment solutions aimed at generating current income and capital appreciation.

This description was generated via AI from an annual report. Updated about 1 year ago.

About 10-Q Filings

A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.

Key points about the 10-Q:

  • Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
  • Content: It includes:
    • Financial statements showing the company's current financial position
    • Updates from management on the performance and projections of the business
    • Information about potential risks the company faces
    • Details on how the company is run internally
  • Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.

Our Methodology

AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.

Our method:

  1. Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
  2. AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
  3. Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
  4. Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
  5. Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Read more about AssetRoom

Feedback & Corrections

Spot an error or have a suggestion? Contact us.

View the complete official filing on the SEC website.

Read on SEC.gov