Kayne Anderson BDC, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Operating expenses | $120.3M | $101.6M | $76.2M | $34.6M | $8.6M |
| Operating income | -$118.2M | -$83.8M | -$76.2M | -$34.6M | — |
| Interest expense | — | — | $52.3M | $20.3M | $4.5M |
| Income tax expense | $1.7M | $717,000 | — | — | — |
| Net income | $93.7M | $131.9M | $77.1M | $45.8M | $22.3M |
| Balance Sheet | |||||
| Cash and equivalents | — | $22.4M | $34.1M | $8.5M | $2.0M |
| Total assets | $2.3B | $2.1B | $1.4B | $1.2B | $586.5M |
| Total liabilities | $1.2B | $896.3M | $740.6M | $602.4M | $274.5M |
| Stockholders' equity | $1.1B | $1.2B | $683.1M | $592.0M | $312.0M |
| Cash Flow Statement | |||||
| Cash from operations | -$98.7M | -$544.5M | -$110.1M | -$541.8M | -$559.1M |
| Dividends paid | $123.3M | $101.8M | $70.0M | — | — |
| Share repurchases | $48.0M | $1.5M | — | — | — |
Shares outstanding 66.4M · Free float 95.6%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.