Capital Southwest Corporation (CSWC) Revenue History
Annual and quarterly revenue from 1996 to present
CSWC Revenue Over Time (1996–2026)
CSWC Revenue Growth History
17 of 29 years with positive growth- FY1996 revenue growth
- N/A
- FY1997 revenue growth
- -32.0%
- FY1998 revenue growth
- +47.6%
- FY1999 revenue growth
- -35.4%
- FY2000 revenue growth
- -32.4%
- FY2001 revenue growth
- +355.6%
- FY2002 revenue growth
- +2.9%
- FY2003 revenue growth
- -1063.8%
- FY2004 revenue growth
- N/A
- FY2005 revenue growth
- -81.0%
- FY2006 revenue growth
- -71.0%
- FY2007 revenue growth
- +44.1%
- FY2008 revenue growth
- -2.5%
- FY2009 revenue growth
- +105.8%
- FY2010 revenue growth
- +460.4%
- FY2011 revenue growth
- -24.1%
- FY2012 revenue growth
- +67.9%
- FY2013 revenue growth
- +17.0%
- FY2014 revenue growth
- +3.0%
- FY2015 revenue growth
- -45.1%
- FY2016 revenue growth
- -78.0%
- FY2017 revenue growth
- +170.7%
- FY2018 revenue growth
- +47.4%
- FY2019 revenue growth
- +5.1%
- FY2020 revenue growth
- -74.4%
- FY2021 revenue growth
- +365.2%
- FY2022 revenue growth
- +41.8%
- FY2023 revenue growth
- -12.2%
- FY2024 revenue growth
- +68.4%
- FY2025 revenue growth
- +7.7%
- FY2026 revenue growth
- +50.1%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2026 | $54.0M | — |
| Q3 2026 | $61.9M | — |
| Q2 2026 | $52.4M | — |
| Q1 2026 | $53.7M | — |
| Q4 2025 | $46.0M | — |
| Q3 2025 | $41.3M | — |
| Q2 2025 | $40.2M | — |
| Q1 2025 | $36.3M | — |
Multi-year avg. share of annual revenue by fiscal quarter
CSWC Revenue Analysis (1996–2026)
Current Revenue & Growth
As of June 23, 2026, Capital Southwest Corporation (CSWC) generated trailing twelve-month (TTM) revenue of $222.0 million, reflecting strong growth of +17.3% year-over-year. The most recent quarter (Q4 2026) recorded $54.0 million in revenue, down 12.8% sequentially.
Historical Growth Trajectory
CSWC's 5-year compound annual growth rate (CAGR) stands at +27.6%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +39.6% exceeds the 5-year average, indicating an acceleration in the most recent period. Capital Southwest Corporation's highest annual revenue of $245.9 million was recorded in 2026, an all-time high.
Peer Comparison
Compared to Financial Services sector peers — including ARCC, GBDC, and TPVG. Compare CSWC vs ARCC →
CSWC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CSWCCurrent | $222M | +17.3% | +27.6% | 76.9% | |
 ARCC | $3.1B | - | - | 69.7% | |
 GBDC | $871M | - | - | 78.9% | |
 TPVG | $97M | - | - | 77.9% | |
 SLRC | $220M | - | - | 72.9% | |
 PFLT | $172M | - | - | 39.4% |
CSWC Historical Revenue Data (1996–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $245.9M | - | $232.0M | 94.3% | $189.1M | 76.9% |
| 2025 | $163.8M | - | $108.9M | 66.5% | $79.4M | 48.5% |
| 2024 | $152.1M | - | $109.1M | 71.7% | $84.6M | 55.6% |
| 2023 | $90.3M | - | $61.5M | 68.0% | $40.1M | 44.4% |
| 2022 | $102.9M | - | $83.0M | 80.6% | $46.8M | 45.5% |
| 2021 | $72.6M | - | $72.6M | 100.0% | $55.6M | 76.6% |
| 2020 | $15.6M | - | $-236,000 | -1.5% | $-16,145,000 | -103.5% |
| 2019 | $61.1M | - | $48.9M | 80.1% | $33.9M | 55.6% |
| 2018 | $58.1M | - | $53.2M | 91.6% | $39.4M | 67.8% |
| 2017 | $39.4M | - | $38.4M | 97.5% | $25.6M | 64.9% |
| 2016 | $14.5M | - | $14.5M | 100.0% | $-6,678,000 | -45.9% |
| 2015 | $66.1M | - | $66.1M | 100.0% | $53.7M | 81.2% |
| 2014 | $120.4M | - | $120.4M | 100.0% | $111.3M | 92.5% |
| 2013 | $116.8M | - | $116.8M | 100.0% | $108.4M | 92.8% |
| 2012 | $99.8M | - | $99.8M | 100.0% | $93.1M | 93.3% |
Intrinsic Valuation
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Historical Returns
30+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
CSWC — Frequently Asked Questions
Quick answers to the most common questions about buying CSWC stock.
Is CSWC's revenue growth accelerating or slowing?
CSWC revenue growth is accelerating. TTM revenue reached $222M, up +17.3% year-over-year — ahead of the 5-year CAGR of +27.6%. This indicates the business is expanding faster than its historical baseline.
What is CSWC's revenue history from 1996 to 2026?
Capital Southwest Corporation (CSWC) revenue history spans 1996 to 2026. TTM revenue as of 2026 is $222M, growing at +17.3% YoY. The 5-year CAGR is +27.6%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is CSWC's long-term revenue growth rate (CAGR)?
Capital Southwest Corporation's 5-year revenue CAGR of +27.6% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +17.3% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for CSWC.
Why does CSWC's quarterly revenue fluctuate?
CSWC quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Capital Southwest Corporation's revenue data from 1996 to 2026 shows full historical quarterly detail on this page.
How is CSWC's revenue distributed by segment?
CSWC reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does CSWC's revenue compare to industry peers?
Capital Southwest Corporation (CSWC) with TTM revenue of $222M and +17.3% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.