FIDUS INVESTMENT Corp financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data FIDUS INVESTMENT Corp files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2020	FY2022	FY2022	FY2023	FY2024	FY2025
Operating expenses	45	65	46.5	64.3	69.3
Interest expense	17.4	16.9	16.6	20.6	22.3	28.8
Income tax	0.86	0.51	1.41	1.03	2.44
Net income	31.2	95.2	-10.5	12.1	78.3	82.4
EPS, basic	1.62	1.03	1.90	2.47	2.29	2.08
EPS, diluted	1.62	1.03	1.90	2.47	2.29	2.08
Shares, basic (weighted)	24.4	24.4	24.5	26.4	32.6	35.5
Shares, diluted (weighted)	24.4	24.4	24.5	26.4	32.6	35.5
Dividend per share	1.33	1.60	2.00	2.88	2.42	2.15

Balance sheet

	FY2020	FY2022	FY2022	FY2023	FY2024	FY2025
Cash and equivalents		169	62.4	119	57.2	70
Total assets		897	936	1,091	1,164	1,427
Total liabilities		409	456	501	508	685
Total debt			420	476	484	658
Paid-in capital		362	396	504	567	641
Retained earnings		126	84.4	85.4	88.5	100
Shareholders' equity	411	488	480	589	656	742
Total equity	411	488	480	589	656	742
Total liabilities and equity		897	936	1,091	1,164	1,427
Shares outstanding		24.4	24.7	30.4	33.9	38

Cash flow statement

	FY2020	FY2022	FY2022	FY2023	FY2024	FY2025
Net income	31.2	35.8	35.8	77.1	78.3	82.4
Cash from operations	56	-106	-106	-29.5	-55.3	-147
Purchases of investments	-190	-347	-334	-337	-395	-498
Debt issued						200
Debt repaid						-125
Share buybacks	-0.27
Cash from financing	53.3	-1.53	-1.53	86.2	-6.67	169
Net change in cash	109	-107	-107	56.8	-62	22.4
Interest paid	17.4	16.5	16.5	19.4	22.4	27.2
Income taxes paid	1.71	4.29	4.29	11.4	3.3	4.56

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $19.15 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Return on equity (ROE)	10.5%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	5.1%	Net income / average total assets.

Growth

Metric	Value	How it is calculated
Net income growth, 1y	5.2%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 5y	21.4%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	-9.2%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	3.1%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	5.1%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	-11.2%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	2.4%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	10.1%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	13.2%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	15.6%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	12.6%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	22.5%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	15.1%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y	8.9%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	13.2%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	7.7%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Debt / equity	1.00x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	49.3%	Total debt / total assets.
Liabilities / assets	50.8%	Total liabilities / total assets.
Net debt	$702.2M	Total debt - cash - short-term investments. Negative means more cash than debt.
Tangible book value	$738.5M	Shareholders' equity - goodwill - intangible assets.

Per share

Metric	Value	How it is calculated
EPS, diluted	$2.16	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share	-$5.57	Cash from operations / diluted weighted shares.
Book value per share	$19.46	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$19.46	Tangible book value / shares outstanding.
Cash per share	$0.99	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$726.8M	Share price x shares outstanding.
Enterprise value	$1.43B	Market cap + total debt - cash - short-term investments.
P/E	9.40x	Market cap / net income. Only when net income is positive.
P/B	0.98x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	0.98x	Market cap / tangible book value, when positive.
Earnings yield	10.6%	Net income / market cap (the inverse of P/E).
PEG	3.07x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

Was FIDUS INVESTMENT Corp profitable in fiscal 2025?

Yes. Net income was $82.4M, a net margin of -.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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