Rand Capital Q2 investment income falls on non-accruals

Rand Capital

05/08/2026 13:13

Overview
U.S. business development company's fiscal Q2 investment income fell yr/yr on portfolio non-accruals
Adjusted net investment income per share declined from prior year
Company deployed $6.9 mln into two new portfolio investments during the quarter

Outlook
Rand Capital declares Q3 2026 dividend of $0.29 per share

Result Drivers
NON-ACCRUALS - Co said lower investment income was mainly due to certain portfolio companies being placed on non-accrual status, reducing interest income
PORTFOLIO EXIT - Co realized a gain from exiting its investment in Applied Image during the quarter
NEW INVESTMENTS - Co deployed $6.9 mln into two new portfolio companies in Q2

Company press release: ID:nBw5z6sssa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted net investment income per share
 
$0.24
 

Reuters Recommended Reads
Aug 3 - Golub Capital BDC Q3 adjusted net income misses, hurt by portfolio underperformance
Aug 4 - SLR Investment Q2 net investment income falls on smaller portfolio, lower rates
Aug 3 - New Mountain Finance Q2 net investment income falls year over year

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)