SP

Sound Point Meridian Capital Inc

SPMCยทNYSE

$11.65

+1.7%
Financial ServicesAsset Management

Sound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S. senior secured loans. The company was founded in 2022 and is based in New York, New York.

At a Glance

Live Snapshot
Market Cap$239.26M
EPS0.0000
P/E Ratioโ€”
Earnings Date08/11/2026
3Y-267.0%
5Y-267.0%
10Y-267.0%
3Y-298.0%
5Y-298.0%
10Y-298.0%
3Y-106.0%
5Y-106.0%
10Y-106.0%
SP

Sound Point Meridian Capital Inc Profit Bridge

SPMC ยท NYSE
Revenue-107.97M
Cost of Goods Sold (13.99M)
Gross Profit-121.96M
Operating Expenses (4.27M)
Operating Income-126.23M
Interest Expense (13.99M)
Other Income/Expense0.00
Pretax Income-126.23M
Income Tax (0.00)
Net Income-126.23M
Net Income
-126.23M

Profitability Analysis

Gross Margin

113.0%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

116.9%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

116.9%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Sound Point Meridian Capital Inc Income Statement

SPMC โ€ข NYSE

Sound Point Meridian Capital Inc Income StatementMar 2026Mar 2025Mar 2025Dec 2023
REVENUE
-108M
64.5M
70.1M
64.5M
GROSS PROFIT
(14M)
(114.8K)
(18.8M)
(114.8K)
-122M
64.4M
51.3M
64.4M
OPERATING INCOME
(4.3M)
(792.4K)
(24.4M)
(792.4K)
(4.2M)
(792.4K)
(24.4M)
(792.4K)
-126.2M
63.6M
22.3M
63.6M
PRE-TAX INCOME
(14M)
(114.8K)
(0.0)
(114.8K)
51.9M
33M
-5.6M
33M
(87.7K)
(0.0)
(0.0)
(0.0)
0.0
0.0
-4.7M
0.0
-126.2M
63.6M
17.6M
63.6M
NET INCOME
(0.0)
(0.0)
(378.6K)
(0.0)
-126.2M
63.6M
17.6M
63.6M

SEC Filings

SPMC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 20, 2026
May 20, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 11, 2026
2026
8-K

8-K 2026

N/A

April 09, 2026
April 09, 2026
2026
8-K

8-K 2026

N/A

March 10, 2026
March 10, 2026
2026
8-K

8-K 2026

N/A

February 11, 2026
February 11, 2026
2026
8-K

8-K 2026

N/A

February 09, 2026
February 09, 2026
2026
8-K

8-K 2026

N/A

January 09, 2026
January 08, 2026
2026
8-K

8-K 2025

N/A

December 08, 2025
December 08, 2025
2025
DEF 14A

DEF 14A 2025

N/A

November 21, 2025
December 17, 2025
2025
8-K

8-K 2025

N/A

November 13, 2025
November 13, 2025
2025
Showing 1 to 10 of 39 filings