PennantPark Floating Rate Capital Ltd.

Q3 FY2026 EarningsQ3 FY26 delivered an in-line performance on core profitability but a slight miss on top-line expectations. Revenue of $66.1M missed the $67.0M consensus by 1.4%, while Net Investment Income (GAAP) of $25.9M was perfectly in-line with expectations. The portfolio yield softened to 9.8% from 10.2% YoY, reflecting a tightening spread environment despite a 99% floating-rate structure. Management maintained the monthly distribution at $0.08 per share plus a $0.0033 supplemental, signaling stability amidst a 2.0% QoQ decline in Net Asset Value (NAV) to $10.26.