Palmer Square Capital BDC Inc.
Financial ServicesNYSE:PSBD · New York Stock Exchange
+$0.14 today
Vol 0.07M · Avg 0.10M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$61.0M of revenue converted into -$32.0M of net income for the selected period. Gross margin is 21.3% and net margin is -64.2%, showing how much revenue survives after costs and taxes. EPS is $-1.04, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $111.2M +0.8% | $110.3M -28.2% | $153.7M +411.1% | -$49.4M -267.2% | $29.5M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $16.5M -71.5% | $58.0M +30.4% | $44.5M +89.7% | $23.5M +172.2% | $8.6M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $94.7M +80.9% | $52.3M -52.1% | $109.2M +249.9% | -$72.8M -448.1% | $20.9M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 85.1% +37.7pp | 47.4% -23.6pp | 71.1% -76.4pp | 147.5% +76.6pp | 70.8% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $4.2B +88966.5% | $4.7M +96.1% | $2.4M -10.6% | $2.7M +0.7% | $2.7M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $47.8M +927.5% | $4.6M +245.7% | $1.3M -17.9% | $1.6M -12.2% | $1.9M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $1.7B | $0 | $0 | $0 | $0 | $374.2M | $1.2B | $631.8M |
| EBITDA | $1.8B +3632.7% | $47.7M -55.8% | $107.8M +244.8% | -$74.5M -490.8% | $19.1M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 1600.1% +1556.9pp | 43.2% -27.0pp | 70.2% -80.6pp | 150.8% +86.3pp | 64.5% | 5.6% | 46.3% | 42.0% |
| Operating Income | $46.9M -1.6% | $47.7M -55.8% | $107.8M +244.8% | -$74.5M -490.8% | $19.1M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 42.2% -1.0pp | 43.2% -27.0pp | 70.2% -80.6pp | 150.8% +86.3pp | 64.5% | 16.6% | 24.1% | 22.0% |
| Interest Income | $118.3B +85208.6% | $138.6M +28.7% | $107.7M +46.2% | $73.7M +89.5% | $38.9M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $50.1B +86197.5% | $58.0M +30.4% | $44.5M +89.7% | $23.5M +172.2% | $8.6M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$50.1M | $0 | $0 | $0 | $0 | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$3.2M -106.6% | $47.7M -55.8% | $107.8M +244.8% | -$74.5M -490.8% | $19.1M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -2.9% -46.1pp | 43.2% -27.0pp | 70.2% -80.6pp | 150.8% +86.3pp | 64.5% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $1.3B | -$1.6B | $745.2M |
| Net Income | -$3.2M -106.6% | $47.7M -55.8% | $107.8M +244.8% | -$74.5M -490.8% | $19.1M | $4.9B | $4.8B | $4.7B |
| Net Margin | -2.9% -46.1pp | 43.2% -27.0pp | 70.2% -80.6pp | 150.8% +86.3pp | 64.5% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$0 -106.8% | $1 -55.9% | $3 +242.7% | -$2 -493.2% | $1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$0 -106.8% | $1 -55.9% | $3 +202.8% | -$3 -645.8% | $1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $32.1M -1.4% | $32.6M +0.1% | $32.6M +1.4% | $32.1M +0.0% | $32.1M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $32.1M -1.4% | $32.6M +0.1% | $32.6M +1.4% | $32.1M +0.0% | $32.1M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Eagle Point Credit Company Inc.
NYSE:ECC
$505.04M
Diamond Hill Investment Group, Inc.
DHIL
$473.29M
Gladstone Capital Corporation
NASDAQ:GLAD
$438.08M
BNY Mellon Strategic Municipals, Inc.
NYSE:LEO
$397.42M
Source Capital, Inc.
NYSE:SOR
$372.45M
Barings Corporate Investors
NYSE:MCI
$365.89M
Saratoga Investment Corp.
NYSE:SAR
$365.05M
Stellus Capital Investment Corporation
NYSE:SCM
$260.81M
PennantPark Investment Corporation
NYSE:PNNT
$251.39M
GigCapital7 Corp.
GIG
$172.00M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does PSBD generate?
Palmer Square Capital BDC Inc. (PSBD) reported $111.20M of revenue in fiscal 2025.
Is PSBD profitable?
Palmer Square Capital BDC Inc. (PSBD) reported -$3,169,730.00 of net income, with a net margin of -2.9%.
Explore More
Continue the stock analysis
Jump to another research area for this company.