BlackRock TCP Capital (TCPC) Financials: History & Chart

BlackRock TCP Capital Corp.(TCPC)

Asset Management · Santa Monica, CA

$4.01+0.03 (+0.75%)

Delayed quote: Oct 6, 2026, 2:44 PM EDT

About BlackRock TCP Capital Corp.

BlackRock TCP Capital Corp. operates as a business development company (BDC) with a primary focus on deploying direct equity and debt capital into middle-market enterprises. Its investment portfolio spans a wide range of financial instruments, encompassing various forms of debt such as senior secured, junior, and originated loans, alongside mezzanine financing, corporate bonds, and opportunistic secondary-market transactions. The firm also actively seeks to acquire ownership stakes through its equity investments. Its investment strategy is geographically centered within the United States, targeting a diverse array of sectors. These include, among others, communication and media services (such as public relations, television, and wireless communications), consumer products and retail (including apparel, restaurants, and general merchandising), the energy sector (specifically oil and gas extraction), intellectual property ownership, various financial services (like credit agencies and insurance), healthcare and biotechnology, industrial engineering and manufacturing (e.g., heavy electrical equipment, chemicals), and a broad spectrum of technology and specialized business services (including IT consulting, software development, application hosting, and certain logistics providers). Individual investments typically fall within the range of $10 million to $35 million. The companies BlackRock TCP Capital Corp. supports generally possess enterprise values between $100 million and $1.5 billion, even when navigating complex operational or financial circumstances.

Santa Monica, CA

24,900 employees

www.tcpcapital.com

Financial Services / Asset Management

Sector: Financial Services
Industry: Asset Management
CEO: Jason A. Mehring

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	135.85M	40.02M	9.85M	43.92M	42.06M	2.50M	39.10M	-17.07M	45.96M
Cost of Goods Sold	37.17M	0.00	5.25M	15.10M	16.82M	17.09M	15.33M	16.31M	21.16M
Gross Profit	98.68M	40.02M	4.60M	28.81M	25.24M	-14.59M	23.77M	-33.38M	24.80M
Gross Profit Margin	72.6%	100.0%	46.7%	65.6%	60.0%	-582.8%	60.8%	195.6%	54.0%
Total Operating Expenses	30.12M	21.88M	4.86M	2.51M	873K	1.32M	2.87M	4.65M	3.17M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	7.47M	762K	1.48M	2.51M	2.72M	3.14M	2.95M	2.91M	3.17M
Operating Income (EBIT)	68.56M	18.14M	-253K	26.31M	24.37M	-15.91M	20.89M	-38.03M	21.63M
Operating Margin	50.5%	45.3%	-2.6%	59.9%	57.9%	-635.6%	53.4%	222.8%	47.1%
Income Before Tax (EBT)	-108.54M	1.68M	-16.30M	-118.29M	24.37M	-15.91M	20.89M	-38.03M	21.63M
Interest Income	135.41M	N/A	42.58M	43.92M	48.91M	50.06M	52.57M	67.91M	65.01M
Interest Expense	62.96M	15.00M	16.05M	15.10M	16.82M	17.09M	15.33M	16.31M	21.16M
Other Income/Expense	-177.11M	-16.46M	-16.05M	-144.59M	0.00	0.00	0.00	0.00	0.00
Net Income	-108.54M	1.68M	-16.30M	-118.29M	24.37M	-15.91M	20.89M	-38.55M	21.63M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	523K	0.00
Net Profit Margin	-79.9%	4.2%	-165.5%	-269.3%	57.9%	-635.6%	53.4%	225.9%	47.1%
EBITDA	68.56M	18.14M	-253K	26.31M	24.37M	-15.91M	20.89M	-38.03M	21.63M
EBITDA Margin	50.5%	45.3%	-2.6%	59.9%	57.9%	-635.6%	53.4%	222.8%	47.1%
Depreciation & Amortization	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS Basic	-1.27	0.02	-0.19	-1.39	0.29	-0.19	0.25	-0.45	0.25
EPS Diluted	-1.27	0.02	-0.19	-1.39	0.29	-0.19	0.25	-0.45	0.25
Weighted Average Basic Shares	83.92M	83.92M	84.33M	84.99M	85.03M	85.04M	85.08M	85.33M	85.59M
Weighted Average Diluted Shares	83.92M	83.92M	84.33M	84.99M	85.03M	85.04M	85.08M	85.33M	85.59M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	-76.35M	20.76M	209.33M	181.00M	165.11M	172.10M	195.17M	190.50M
Cost of Goods Sold	16.84M	66.16M	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-93.19M	-45.40M	209.33M	181.00M	165.11M	172.10M	195.17M	190.50M
Gross Profit Margin	122.1%	-218.6%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
Total Operating Expenses	-70.35M	17.22M	54.71M	53.21M	51.57M	47.64M	53.91M	56.55M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	3.66M	11.22M	54.71M	53.21M	51.57M	47.64M	53.91M	56.55M
Operating Income (EBIT)	-22.84M	-62.61M	154.61M	127.80M	113.53M	124.46M	141.26M	133.95M
Operating Margin	29.9%	-301.5%	73.9%	70.6%	68.8%	72.3%	72.4%	70.3%
Income Before Tax (EBT)	-88.93M	-62.61M	38.72M	-9.23M	133.79M	71.37M	30.58M	45.57M
Interest Income	201.79M	251.41M	194.64M	164.87M	149.81M	150.35M	178.08M	175.03M
Interest Expense	66.09M	66.16M	43.95M	35.52M	35.71M	36.49M	41.66M	40.47M
Other Income/Expense	-66.09M	0.00	-115.89M	-137.02M	20.26M	-53.08M	-110.68M	-88.38M
Net Income	-88.93M	-63.14M	38.47M	-9.23M	133.79M	71.37M	30.58M	45.48M
Income Tax Expense	0.00	523K	247K	0.00	0.00	0.00	0.00	93K
Net Profit Margin	116.5%	-304.1%	18.4%	-5.1%	81.0%	41.5%	15.7%	23.9%
EBITDA	-22.84M	-62.61M	154.61M	197.97M	N/A	N/A	N/A	142.95M
EBITDA Margin	29.9%	-301.5%	73.9%	109.4%	N/A	N/A	N/A	75.0%
Depreciation & Amortization	0.00	0.00	0.00	70.17M	-113.53M	-124.46M	-141.26M	9.00M
EPS Basic	-1.05	-0.79	0.67	-0.16	2.32	1.23	0.52	0.77
EPS Diluted	-1.05	-0.79	0.67	-0.16	2.32	1.23	0.52	0.77
Weighted Average Basic Shares	84.99M	79.67M	57.77M	57.77M	57.77M	57.99M	58.77M	58.82M
Weighted Average Diluted Shares	84.99M	79.67M	57.77M	57.77M	57.77M	57.99M	58.77M	58.82M

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

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