{
  "url": "https://struct.news/briefs/golub-capitals-debt-got-cheaper-net-income-still-fell-37",
  "title": "Golub Capital’s debt got cheaper. Net income still fell 37%",
  "summary": "Borrowing costs fell $31.9 million, but diluted EPS dropped from $0.34 to $0.22.",
  "published_at": "2026-08-03T20:28:41.369778+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Golub Capital BDC, Inc.",
    "ticker": "GBDC",
    "cik": "1476765",
    "sector": "Financial Services",
    "industry": "Asset Management"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-03",
    "accession": "0001476765-26-000048",
    "url": "https://www.sec.gov/Archives/edgar/data/1476765/000147676526000048/gbdc-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-04",
    "url": "https://www.sec.gov/Archives/edgar/data/1476765/000147676525000076/gbdc-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "GBDC at the latest close",
      "label": "Last close",
      "value": 12.83,
      "display": "$12.83",
      "unit": "usd_per_share",
      "period": "2026-07-31",
      "detail": null,
      "source": {
        "kind": "market_data",
        "label": "Observed market close",
        "as_of": "2026-07-31"
      }
    },
    {
      "group": "GBDC at the latest close",
      "label": "One-day move",
      "value": -0.15564202334630295,
      "display": "-0.2%",
      "unit": "percent",
      "period": "2026-07-31",
      "detail": null,
      "source": {
        "kind": "market_data",
        "label": "Observed market close",
        "as_of": "2026-07-31"
      }
    }
  ],
  "watch_next": [
    {
      "type": "interest_rates",
      "statement": "Borrowing costs fell in the latest reported period after refinancing, a lower JPM credit-facility margin, and lower floating rates. Future reports can show whether that reduction persists.",
      "importance": "medium",
      "evidence": "Interest and other debt financing expenses, including amortization of debt issuance costs, decreased from the nine months ended June 30, 2025",
      "source_date": "2026-08-03"
    }
  ],
  "related_tickers": [
    "GBDC",
    "JPM"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}