MidCap Financial posts Q2 net loss of $17.5 million as NAV falls to $13.37 per share
MidCap Financial Investment Corp reported results for the quarter ended June 30, 2026. Net investment income rose to $0.40 per share from $0.38 in the prior quarter, but portfolio losses from credit weakness in a limited number of positions produced a net decrease in net assets of $17.5 million, and net asset value per share fell 3.2% to $13.37. The Board declared a $0.31 per share dividend payable September 24, 2026, though the company says there can be no assurance it will continue that base dividend.
Key points
- Net investment income was $0.40 per share for the quarter, compared with $0.38 for the quarter ended March 31, 2026.
- Net asset value per share was $13.37 at June 30, 2026, down from $13.82 at March 31, 2026.
- Net decrease in net assets from operations was $17.5 million, or $(0.21) per share, compared with a $18.1 million increase a year earlier.
- The Board declared a quarterly dividend of $0.31 per share payable September 24, 2026, to holders of record as of September 8, 2026.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.