MidCap Financial Investment Corporation
NASDAQ:MFIC · NASDAQ Global Market
-$0.03 today
Vol 1.00M · Avg 0.87M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:MFIC · Revenue to Net Income
Key Ratios
Analysis
$245.0M of revenue converted into $6.0M of net income for the selected period. Gross margin is 100.2% and net margin is 3.8%, showing how much revenue survives after costs and taxes. EPS is $0.04, 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 | $274.4M +21.2% | $226.3M -4.7% | $237.3M +67.8% | $141.5M -6.8% | $151.7M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $45.5M -60.7% | $116.0M +11.3% | $104.2M +119.8% | $47.4M -13.8% | $55.0M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $228.8M +107.4% | $110.3M -17.1% | $133.2M +41.6% | $94.1M -2.7% | $96.7M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 83.4% +34.6pp | 48.8% -7.3pp | 56.1% -10.4pp | 66.5% +2.8pp | 63.7% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $6.3K -99.9% | $12.3M -23.0% | $16.0M -71.3% | $55.7M +272.6% | $14.9M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $32.3M +180.0% | $11.5M -19.9% | $14.4M +253.0% | -$9.4M -165.5% | $14.4M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $0 | $0 | $0 -100.0% | $228.5K | $0 | $374.2M | $1.2B | $631.8M |
| EBITDA | $190.2M +92.5% | $98.8M -16.8% | $118.8M +14.5% | $103.7M +25.9% | $82.4M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 69.3% +25.7pp | 43.7% -6.4pp | 50.0% -23.3pp | 73.3% +19.0pp | 54.3% | 5.6% | 46.3% | 42.0% |
| Operating Income | $196.6M +98.9% | $98.8M -16.8% | $118.8M +14.8% | $103.5M +25.6% | $82.4M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 71.6% +28.0pp | 43.7% -6.4pp | 50.0% -23.1pp | 73.1% +18.9pp | 54.3% | 16.6% | 24.1% | 22.0% |
| Interest Income | $300.1K -99.9% | $296.8M +9.5% | $271.1M +15.8% | $234.1M +14.7% | $204.2M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $127.0K -99.9% | $116.0M +11.3% | $104.2M +31.6% | $79.2M +43.9% | $55.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$133.4M | $0 | $0 +100.0% | -$72.9M | $0 | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $63.2M -36.1% | $98.8M -16.8% | $118.8M +288.3% | $30.6M -62.9% | $82.4M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 23.0% -20.6pp | 43.7% -6.4pp | 50.0% +28.4pp | 21.6% -32.7pp | 54.3% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $1.3B | -$1.6B | $745.2M |
| Net Income | $63.2M -36.1% | $98.8M -16.8% | $118.8M +288.3% | $30.6M -62.9% | $82.4M | $4.9B | $4.8B | $4.7B |
| Net Margin | 23.0% -20.6pp | 43.7% -6.4pp | 50.0% +28.4pp | 21.6% -32.7pp | 54.3% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 -46.5% | $1 -30.2% | $2 +287.2% | $0 -63.3% | $1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 -46.5% | $1 -30.2% | $2 +287.2% | $0 -63.3% | $1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $93.3M +19.6% | $78.0M +19.3% | $65.3M +1.2% | $64.6M +0.1% | $64.5M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $93.3M +19.6% | $78.0M +19.3% | $65.3M +1.2% | $64.6M +0.1% | $64.5M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Capital Southwest Corporation
NASDAQ:CSWC
$1.42B
Prospect Capital Corporation
NASDAQ:PSEC
$1.11B
Goldman Sachs BDC, Inc.
NYSE:GSBD
$1.04B
Virtus Investment Partners, Inc.
NASDAQ:VRTS
$949.53M
Kayne Anderson BDC, Inc.
NYSE:KBDC
$917.62M
Bain Capital Specialty Finance, Inc.
NYSE:BCSF
$804.37M
Carlyle Secured Lending, Inc.
NASDAQ:CGBD
$753.00M
PennantPark Floating Rate Capital Ltd.
NYSE:PFLT
$742.65M
New Mountain Finance Corporation
NASDAQ:NMFC
$677.22M
Horizon Technology Finance Corporation
NASDAQ:HRZN
$183.35M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does MFIC generate?
MidCap Financial Investment Corporation (MFIC) reported $274.39M of revenue in fiscal 2025.
Is MFIC profitable?
MidCap Financial Investment Corporation (MFIC) reported $63.17M of net income, with a net margin of 23.0%.
Explore More
Continue the stock analysis
Jump to another research area for this company.