Main Street Capital announced preliminary Q1 2026 results with DNII of $0.98-$1.02 per share and NAV increase to $33.42-$33.50 per share despite portfolio fair value declines.
Key takeaways
Preliminary NII $0.91-$0.95, DNII $0.98-$1.02, DNII before taxes $1.02-$1.06 per share.
NAV per share $33.42-$33.50 as of March 31, 2026, up $0.09-$0.17 from $33.33 at year-end.
Net fair value decrease in existing portfolio, primarily private loans, asset manager, and residual investments.
LMM portfolio cost basis net increased $157.1 million; private loan portfolio net increased $36.6 million.
Non-accrual investments 1.2% at fair value, 4.0% at cost.
Earnings release scheduled for May 7, 2026; conference call May 8, 2026.