Crescent Capital BDC, Inc. (CCAP) Income Statement
CCAP 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCCAP revenue and net income
Where CCAP's revenue goes
2025Each bar shows an amount and its share of revenue. CCAP kept 22.1% of revenue as net income.
CCAP profit margins
CCAP growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +9.7% | +44.2% | +27.4% | +90.7% |
| Gross profit | +45.9% | +73.9% | +21.2% | +86.0% |
| Operating income | +59.1% | +93.2% | +16.5% | — |
| Net income | −53.1% | +30.5% | −8.8% | — |
| EPS (diluted) | −18.4% | −2.8% | −0.3% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CCAP quarterly EPS vs estimates
Crescent Capital BDC beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 11, 2026 (estimate $0.35).
CCAP income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $156.2M | $142.4M | $147.3M | $52.1M | $81.3M | $46.5M | $25.3M | $12.3M | $11.5M | $15.1M |
| Cost of revenue | $34.3M | $58.9M | $54.9M | $28.9M | $19.5M | $6.8M | $19.0M | −$11.4M | $10.4M | $5.6M |
| Gross profit | $121.9M | $83.5M | $92.5M | $23.2M | $81.3M | $46.5M | $25.3M | $12.3M | $11.5M | $15.1M |
| Research & development | — | — | $0 | $0 | $1 | $1 | $1 | $0 | $0 | $1 |
| Sales, general & admin | $6.27B | $5.2M | $4.9M | $4.5M | $4.9M | $4.4M | $3.5M | $2.9M | $2.6M | $2.5M |
| Total operating expenses | $2.9M | $8.8M | $8.3M | $6.7M | −$5.9M | −$8.9M | −$4.5M | $3.8M | $2.1M | $3.3M |
| Operating income | $118.9M | $74.7M | $84.1M | $16.5M | $87.3M | $55.4M | $29.6M | $8.2M | $14.6M | $11.8M |
| Interest income | $156.4M | $182.9M | $169.9M | $108.5M | $85.7M | $71.1M | $47.7M | $9.6M | $22.0M | $5.4M |
| Interest expense | $57.4M | $58.9M | $54.9M | $28.9M | $19.8M | $15.5M | $12.1M | $7.5M | $4.3M | $1.9M |
| Income before taxes | $36.2M | $74.7M | $84.1M | $16.5M | $87.3M | $55.4M | $29.6M | $8.3M | $9.3M | $11.8M |
| Income taxes | $1.7M | $1.1M | $274,000 | $961,000 | $3.6M | $730,000 | $360,356 | $209,223 | $242,623 | $1,600 |
| Net income | $34.5M | $73.6M | $83.8M | $15.5M | $83.6M | $54.7M | $29.3M | $8.1M | $9.1M | $11.8M |
| EBITDA | $97.1M | $74.7M | $84.1M | $16.5M | $84.6M | $30.0M | $29.6M | $8.2M | $14.6M | $11.8M |
| EPS (diluted) | $1.77 | $2.17 | $2.30 | $1.93 | $1.68 | $1.80 | $1.77 | $0.27 | $1.10 | $1.93 |
| Gross margin | 78.0% | 58.6% | 62.8% | 44.5% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating margin | 76.1% | 52.5% | 57.1% | 31.7% | 107.3% | 119.1% | 117.3% | 66.5% | 127.4% | 77.9% |
| Net margin | 22.1% | 51.7% | 56.9% | 29.8% | 102.8% | 117.5% | 115.8% | 65.8% | 79.0% | 77.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.4M | $25.6M | $43.9M | $22.8M | $32.5M | $20.9M | $26.5M | $33.3M | $37.8M | $44.8M | $47.9M | $39.5M |
| Cost of revenue | $6.2M | $6.5M | $8.5M | $13.0M | $13.3M | $13.7M | $14.1M | $15.2M | $14.9M | $14.7M | $14.8M | $14.4M |
| Gross profit | $14.2M | $19.1M | $35.4M | $9.8M | $19.2M | $7.1M | $12.4M | $18.1M | $22.9M | $30.1M | $33.0M | $25.0M |
| Sales, general & admin | $1.6M | $1.5M | $6.26B | $1.6M | $1.9M | $1.9M | $1.4M | $1.5M | $1.3M | $1.2M | $1.3M | $1.2M |
| Total operating expenses | $1.6M | $21.0M | −$12.4M | $2.4M | $3.7M | $2.7M | $2.3M | $2.1M | $2.3M | $2.1M | $2.1M | $2.0M |
| Operating income | $12.5M | −$1.9M | $47.9M | $7.4M | $15.4M | $4.4M | $10.1M | $16.0M | $20.6M | $28.0M | $31.0M | $23.0M |
| Interest income | $34.7M | $34.6M | $37.7M | $38.7M | $40.2M | $39.8M | $43.4M | $47.9M | $45.5M | $46.2M | $46.4M | $44.6M |
| Interest expense | $14.9M | $13.7M | $13.8M | $13.0M | $13.3M | $13.7M | $14.1M | $15.2M | $14.9M | $14.7M | $14.8M | $14.4M |
| Income before taxes | −$2.5M | −$15.0M | $9.0M | $7.4M | $15.4M | $4.4M | $10.1M | $16.0M | $20.6M | $28.0M | $31.0M | $23.0M |
| Income taxes | $706,000 | $552,000 | $500,000 | $281,000 | $400,000 | $501,000 | $100,000 | $711,000 | $252,000 | $27,000 | $114,000 | $427,000 |
| Net income | −$3.2M | −$15.5M | $8.5M | $7.1M | $15.0M | $3.9M | $10.0M | $15.3M | $20.4M | $28.0M | $30.9M | $22.6M |
| EBITDA | $12.3M | −$608,000 | $23.4M | $8.0M | $15.4M | $4.4M | $10.1M | $16.0M | $21.3M | $28.0M | $31.0M | $23.0M |
| EPS (diluted) | $0.36 | $0.42 | $0.45 | $0.46 | $0.41 | $0.45 | $0.54 | $0.41 | $0.59 | $0.63 | $0.61 | $0.59 |
| Gross margin | 69.4% | 74.6% | 80.6% | 42.9% | 59.0% | 34.2% | 46.7% | 54.3% | 60.6% | 67.3% | 69.0% | 63.4% |
| Operating margin | 61.5% | −7.5% | 109.0% | 32.4% | 47.5% | 21.1% | 38.1% | 48.0% | 54.6% | 62.6% | 64.7% | 58.4% |
| Net margin | −15.9% | −60.6% | 19.3% | 31.1% | 46.3% | 18.7% | 37.7% | 45.8% | 53.9% | 62.5% | 64.5% | 57.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CCAP's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CCAP financial results
In fiscal year 2025 (ended December 31, 2025), Crescent Capital BDC reported revenue of $156.2 million, up 9.7% from the year before. It had net income of $34.5 million (down 53.1%), a net profit margin of 22.1%. Diluted earnings per share came to $1.77. Over five years revenue grew at an average rate of 27.4% a year.
See the CCAP stock overview for the latest quote and news, or the CCAP chart for price history and technical indicators.
CCAP income statement FAQ
What is Crescent Capital BDC's annual revenue?
Crescent Capital BDC reported total revenue of $156.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 9.7% from $142.4 million the previous year.
Is Crescent Capital BDC profitable?
Yes. Crescent Capital BDC reported net income of $34.5 million in fiscal 2025, a net profit margin of 22.1%; its operating margin was 76.1%.
What is Crescent Capital BDC's gross margin?
Crescent Capital BDC's gross margin was 78.0% in fiscal 2025: for every $100 of revenue, Crescent Capital BDC kept $78 after the direct cost of its products and services.
How fast is Crescent Capital BDC growing?
Revenue grew 27.4% a year on average over the last five fiscal years, from $46.5 million to $156.2 million.
What are Crescent Capital BDC's earnings per share?
Crescent Capital BDC earned $1.77 per diluted share in fiscal 2025, compared with $2.17 a year earlier.
When will Crescent Capital BDC report its next earnings?
Crescent Capital BDC is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 after the market closes.
When does Crescent Capital BDC's fiscal year end?
Crescent Capital BDC's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.