Goldman Sachs BDC, Inc. (GSBD) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
GSBD Revenue Growth
GSBD Revenue Analysis (2014–2025)
As of May 8, 2026, Goldman Sachs BDC, Inc. (GSBD) generated trailing twelve-month (TTM) revenue of $286.7 million, reflecting significant decline in growth of -18.7% year-over-year. The most recent quarter (Q1 2026) recorded $78.8 million in revenue, down 5.3% sequentially.
Looking at the longer-term picture, GSBD's 5-year compound annual growth rate (CAGR) stands at +5.4%, indicating steady revenue expansion. The company achieved its highest annual revenue of $454.9 million in 2023.
When compared to Financial Services sector peers including ARCC, FSCO, and GBDC. Compare GSBD vs ARCC →
GSBD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GSBDCurrent | $287M | -18.7% | +5.4% | 98.4% | |
 ARCC | $3.1B | - | - | 69.7% | |
 FSCO | $254M | - | - | 77.5% | |
 GBDC | $871M | - | - | 78.9% | |
 TPVG | $97M | - | - | 77.9% | |
 CGBD | $168M | - | - | 54.7% |
GSBD Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $242.5M | - | $182.8M | 75.4% | $238.5M | 98.4% |
| 2024 | $192.4M | - | $78.7M | 40.9% | $68.3M | 35.5% |
| 2023 | $454.9M | - | $454.9M | 100.0% | $363.4M | 79.9% |
| 2022 | $136.1M | - | $56.6M | 41.6% | $59.7M | 43.9% |
| 2021 | $229.1M | - | $170.1M | 74.3% | $194.1M | 84.7% |
| 2020 | $186.5M | - | $146.6M | 78.6% | $177.5M | 95.2% |
| 2019 | $79.6M | - | $43.3M | 54.4% | $37.8M | 47.5% |
| 2018 | $88.3M | - | $62.1M | 70.3% | $56.0M | 63.4% |
| 2017 | $75.7M | - | $56.1M | 74.1% | $51.1M | 67.5% |
| 2016 | $62.1M | - | $47.8M | 77.0% | $41.7M | 67.1% |
See GSBD's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs GSBD Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare GSBD vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonGSBD — Frequently Asked Questions
Quick answers to the most common questions about buying GSBD stock.
Is GSBD's revenue growth accelerating or slowing?
GSBD revenue declined -18.7% year-over-year, contrasting with the 5-year CAGR of +5.4%. TTM revenue fell to $287M. This reverses the prior growth trend.
What is GSBD's long-term revenue growth rate?
Goldman Sachs BDC, Inc.'s 5-year revenue CAGR of +5.4% reflects the variable expansion pattern. Current YoY growth of -18.7% is below this long-term average.
How is GSBD's revenue distributed by segment?
GSBD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.