BlackRock Floating Rate Income Trust (BGT)

BGT Income Statement

Revenue, expenses, and profitability analysis

BGT Quarterly Income Statement (USD)

Quarterly Report	TTM	12/31/2025	06/30/2025	12/31/2024	09/30/2024	06/30/2024	03/31/2024	12/31/2023	09/30/2023
Revenue	—	—	12.710M	8.375M	8.375M	8.754M	8.754M	17.763M	9.266M
Cost of Goods Sold	—	—	1.527M	0.00	0.00	0.00	0.00	1.513M	0.00
Gross Profit	—	—	11.183M	8.375M	8.375M	8.754M	8.754M	16.250M	9.266M
Gross Profit Margin	—	—	88.0%	100.0%	100.0%	100.0%	100.0%	91.5%	100.0%
Total Operating Expenses	—	—	698K	810K	810K	801K	801K	1.457M	1.457M
Research & Development	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	—	—	0.00	810K	810K	801K	801K	791K	791K
Operating Income (EBIT)	—	—	10.485M	7.565M	7.565M	7.954M	7.954M	18.573M	8.475M
Operating Margin	—	—	82.5%	90.3%	90.3%	90.9%	90.9%	104.6%	91.5%
Income Before Tax (EBT)	—	—	8.549M	6.291M	6.291M	6.232M	6.232M	0.83	9.287M
Interest Income	—	—	15.242M	16.751M	—	17.509M	—	18.533M	1.437M
Interest Expense	—	—	—	903K	903K	1.433M	1.433M	2.998M	—
Other Income/Expense	—	—	-1.936M	-1.274M	-1.274M	-1.722M	-1.722M	1.21	812K
Net Income	—	—	8.549M	6.291M	6.291M	6.232M	6.232M	22.316M	9.287M
Income Tax Expense	—	—	0.00	0.00	0.00	0.00	0.00	0.83	812K
Net Profit Margin	—	—	67.3%	75.1%	75.1%	71.2%	71.2%	125.6%	100.2%
EBITDA	—	—	10.485M	7.565M	7.565M	7.954M	7.954M	812K	0.00
EBITDA Margin	—	—	82.5%	90.3%	90.3%	90.9%	90.9%	4.6%	0.0%
Depreciation & Amortization	—	—	0.00	0.00	0.00	0.00	0.00	18.573M	0.00
EPS Basic	—	—	0.32	0.25	0.25	0.27	0.27	1.00	0.42
EPS Diluted	—	—	0.32	0.25	0.25	0.27	0.27	1.00	0.42
Shares Outstanding	—	—	26.715M	25.521M	25.521M	22.695M	22.695M	22.316M	22.316M
Diluted Shares Outstanding	—	—	26.715M	25.521M	25.521M	22.695M	22.695M	22.316M	22.316M

BGT Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	10/31/2019	10/31/2018
Revenue	23.365M	30.639M	39.393M	-5.670M	18.594M	2.993M	9.322M	13.584M
Cost of Goods Sold	3.710M	5.208M	2.964M	3.204M	3.456M	3.236M	3.565M	3.919M
Gross Profit	19.655M	25.431M	36.429M	-8.874M	15.138M	-243K	5.757M	9.665M
Gross Profit Margin	84.1%	83.0%	92.5%	156.5%	81.4%	-8.1%	61.8%	71.2%
Total Operating Expenses	227K	385K	293K	276K	333K	299K	362K	489K
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	273K	356K	270K	232K	314K	319K	326K	460K
Operating Income (EBIT)	19.428M	25.046M	39.100M	-2.993M	18.261M	2.694M	13.052M	16.778M
Operating Margin	83.2%	81.7%	99.3%	52.8%	98.2%	90.0%	140.0%	123.5%
Income Before Tax (EBT)	19.428M	25.046M	39.100M	-5.946M	18.261M	2.694M	8.960M	13.095M
Interest Income	28.913M	33.401M	35.123M	24.205M	18.933M	19.235M	25.295M	25.255M
Interest Expense	3.710M	5.208M	5.501M	2.954M	1.252M	1.584M	4.092M	3.683M
Other Income/Expense	-3.710M	-5.206M	-5.490M	-2.954M	-1.301M	-1.584M	-4.092M	-3.683M
Net Income	19.428M	25.046M	39.100M	-5.946M	18.261M	2.694M	8.960M	13.095M
Income Tax Expense	0.00	0.00	27.170M	21.217M	14.574M	15.067M	19.941M	-161K
Net Profit Margin	83.2%	81.7%	99.3%	104.9%	98.2%	90.0%	96.1%	96.4%
EBITDA	19.428M	25.046M	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA Margin	83.2%	81.7%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Depreciation & Amortization	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS Basic	0.73	0.98	1.75	-0.27	0.82	0.12	0.39	0.55
EPS Diluted	0.73	1.11	1.75	-0.27	0.82	0.12	0.39	0.55
Shares Outstanding	26.715M	25.521M	22.316M	22.371M	22.368M	22.396M	23.018M	23.667M
Diluted Shares Outstanding	26.715M	22.564M	22.316M	22.371M	22.368M	22.396M	23.018M	23.809M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About BlackRock Floating Rate Income Trust

BlackRock Floating Rate Income Trust, an investment vehicle established in the United States on August 30, 2004 (originally known as BlackRock Global Floating Rate Income Trust), operates as a closed-end mutual fund concentrating on fixed income. Jointly managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc., under the umbrella of BlackRock Inc., the Trust strategically allocates capital to fixed income instruments across international markets, with a significant emphasis on opportunities within the United States. Its portfolio primarily comprises corporate bonds issued by companies spanning various sectors. A key characteristic of its investment strategy is maintaining an average effective portfolio duration of no more than 1.5 years.

New York City, NY

www.blackrock.com/investing/products/240195/blackrock-floating-rate-income-trust-usd-fund

Financial Services / Asset Management - Income

Sector: Financial Services
Industry: Asset Management - Income
CEO: Charles Choon Sik Park

View full financials

About BlackRock Floating Rate Income Trust

New York City, NY

www.blackrock.com/investing/products/240195/blackrock-floating-rate-income-trust-usd-fund

Financial Services / Asset Management - Income

Sector: Financial Services
Industry: Asset Management - Income
CEO: Charles Choon Sik Park

View full financials