<span item_type="fundamental" item_id="c2de4b898029987b3cafdbba4fa3c950" counter_id="ST/US/BCSF" env="prod"></span><span item_type="announcement" item_id="581368689473691137" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 67.2 M, missing the estimate of USD 69.53 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD 0.29, missing the estimate of USD 0.45.</p><p>EBIT: As of FY2025 Q3, the actual value is USD -3.639 M.</p><p></p><h3>Financial Metrics by Segment</h3><h4>Net Investment Income</h4><ul><li>Net investment income for Q3 2025 was $29.2 million, or $0.45 per share, compared to $30.6 million, or $0.47 per share, in Q2 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1655050/000119312525274618/d61433dex991.htm"></span></li></ul><h4>Net Income</h4><ul><li>Net income per share was $0.29, equating to an annualized return on book value of 6.6%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1655050/000119312525274618/d61433dex991.htm"></span></li></ul><h4>Net Asset Value</h4><ul><li>Net asset value per share as of September 30, 2025, was $17.40, compared to $17.56 as of June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1655050/000119312525274618/d61433dex991.htm"></span></li></ul><h4>Investment Activity</h4><ul><li>Gross and net investment fundings were $340.1 million and $44.0 million, respectively.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1655050/000119312525274618/d61433dex991.htm"></span></li></ul><h4>Total Investment Income</h4><ul><li>Total investment income for Q3 2025 was $67.2 million, compared to $71.0 million in Q2 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1655050/000119312525274618/d61433dex991.htm"></span></li></ul><h4>Expenses</h4><ul><li>Total expenses for Q3 2025 were $37.2 million, compared to $39.3 million in Q2 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1655050/000119312525274618/d61433dex991.htm"></span></li></ul><h4>Net Realized and Unrealized Losses</h4><ul><li>The company reported net realized and unrealized losses of $10.5 million for Q3 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1655050/000119312525274618/d61433dex991.htm"></span></li></ul><h4>Total Assets and Liabilities</h4><ul><li>Total assets as of September 30, 2025, were $2,716.0 million, and total liabilities were $1,587.5 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1655050/000119312525274618/d61433dex991.htm"></span></li></ul><h4>Debt and Liquidity</h4><ul><li>Total principal debt outstanding was $1,498.6 million, with a weighted average interest rate on debt outstanding of 4.8%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1655050/000119312525274618/d61433dex991.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>Bain Capital Specialty Finance, Inc. announced a fourth fiscal quarter 2025 dividend of $0.42 per share and an additional dividend of $0.03 per share, payable on December 30, 2025, for stockholders of record as of December 16, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1655050/000119312525274618/d61433d8k.htm"></span> The company believes it is well-positioned to continue sourcing high-quality lending opportunities, supported by its dedicated Private Credit Group’s long heritage of disciplined investing in the core middle market.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1655050/000119312525274618/d61433dex991.htm"></span></li></ul>

Bain Capital Specialty Finance | 8-K: FY2025 Q3 Revenue Misses Estimate at USD 67.2 M