Kayne Anderson BDC, Inc. (KBDC) Revenue History
Annual and quarterly revenue from 2021 to present
KBDC Revenue Over Time (2021–2025)
KBDC Revenue Growth History
4 of 4 years with positive growth- FY2021 revenue growth
- N/A
- FY2022 revenue growth
- +138.5%
- FY2023 revenue growth
- +93.1%
- FY2024 revenue growth
- +37.1%
- FY2025 revenue growth
- +29.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $46.1M | — |
| Q4 2025 | $61.3M | — |
| Q3 2025 | $46.4M | — |
| Q2 2025 | $44.0M | — |
| Q1 2025 | $39.7M | — |
| Q4 2024 | $48.4M | — |
| Q3 2024 | $48.0M | — |
| Q2 2024 | $40.9M | — |
Multi-year avg. share of annual revenue by fiscal quarter
KBDC Revenue Analysis (2021–2025)
Current Revenue & Growth
As of June 28, 2026, Kayne Anderson BDC, Inc. (KBDC) generated trailing twelve-month (TTM) revenue of $197.7 million, reflecting strong growth of +16.1% year-over-year. The most recent quarter (Q1 2026) recorded $46.1 million in revenue, down 24.9% sequentially.
Historical Growth Trajectory
KBDC's historical revenue data shows a 3-year CAGR of +50.9%. Kayne Anderson BDC, Inc.'s highest annual revenue of $235.8 million was recorded in 2025, an all-time high.
Peer Comparison
Compared to Financial Services sector peers — including ARCC, GBDC, and OBDC. Compare KBDC vs ARCC →
KBDC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| KBDCCurrent | $198M | +16.1% | - | 72.8% | |
 ARCC | $3.1B | - | - | 69.7% | |
 GBDC | $871M | - | - | 78.9% | |
 OBDC | $1.7B | - | - | 73.2% | |
 FSCO | $206M | - | - | 74.5% | |
 TPVG | $97M | - | - | 77.9% |
KBDC Historical Revenue Data (2021–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $235.8M | - | $198.8M | 84.3% | $171.7M | 72.8% |
| 2024 | $181.6M | - | $123.8M | 68.2% | $132.7M | 73.1% |
| 2023 | $132.4M | - | $82.8M | 62.5% | $77.1M | 58.2% |
| 2022 | $68.6M | - | $50.4M | 73.5% | $45.8M | 66.7% |
| 2021 | $28.8M | - | $24.6M | 85.4% | $22.3M | 77.5% |
Intrinsic Valuation
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Historical Returns
5+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
KBDC — Frequently Asked Questions
Quick answers to the most common questions about buying KBDC stock.
Is KBDC's revenue growth accelerating or slowing?
KBDC revenue growth is accelerating. TTM revenue reached $198M, up +16.1% year-over-year — ahead of the 5-year CAGR of N/A. This indicates the business is expanding faster than its historical baseline.
What is KBDC's revenue history from 2021 to 2026?
Kayne Anderson BDC, Inc. (KBDC) revenue history spans 2021 to 2026. TTM revenue as of 2026 is $198M, growing at +16.1% YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is KBDC's long-term revenue growth rate (CAGR)?
Kayne Anderson BDC, Inc.'s 5-year revenue CAGR of N/A reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +16.1% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for KBDC.
Why does KBDC's quarterly revenue fluctuate?
KBDC 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. Kayne Anderson BDC, Inc.'s revenue data from 2021 to 2026 shows full historical quarterly detail on this page.
How is KBDC's revenue distributed by segment?
KBDC 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 KBDC's revenue compare to industry peers?
Kayne Anderson BDC, Inc. (KBDC) with TTM revenue of $198M and +16.1% 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.