Chicago Atlantic BDC, Inc. (LIEN) Revenue History
Annual and quarterly revenue from 2020 to 2025
Compound Annual Growth Rate (CAGR)
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LIEN Revenue Growth
LIEN Revenue Analysis (2020–2025)
As of May 9, 2026, Chicago Atlantic BDC, Inc. (LIEN) generated trailing twelve-month (TTM) revenue of $44.2 million, reflecting explosive growth of +44.0% year-over-year. The most recent quarter (Q4 2025) recorded $14.2 million in revenue, up 31.8% sequentially.
Looking at the longer-term picture, LIEN's historical revenue data shows a 3-year CAGR of +137.6%. The company achieved its highest annual revenue of $54.3 million in 2025, representing a new all-time high.
When compared to Financial Services sector peers including REFI (+9.0% YoY), TPVG, and SUNS (+148.1% YoY), LIEN has underperformed the peer group in terms of revenue growth. Compare LIEN vs REFI →
LIEN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LIENCurrent | $44M | +44.0% | - | 63.6% | |
 REFI | $63M | +9.0% | - | 57.1% | |
 TPVG | $97M | - | - | 77.9% | |
 SUNS | $26M | +148.1% | - | 64.2% | |
 CSWC | $164M | - | - | 48.5% | |
 FDUS | $159M | - | - | 76.1% |
LIEN Historical Revenue Data (2020–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $54.3M | - | $42.0M | 77.3% | $34.5M | 63.6% |
| 2024 | $18.0M | - | $18.0M | 100.0% | $9.6M | 53.5% |
| 2023 | $10.0M | - | $10.0M | 100.0% | $7.3M | 73.2% |
| 2022 | $4.0M | - | $4.0M | 100.0% | $2.1M | 51.0% |
| 2021 | $10K | - | $10K | 100.0% | $-563,365 | -5592.8% |
| 2020 | $0 | - | $0 | - | $-958,290 | - |
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Start ComparisonLIEN — Frequently Asked Questions
Quick answers to the most common questions about buying LIEN stock.
Is LIEN's revenue growth accelerating or slowing?
LIEN revenue is accelerating at +44.0% year-over-year, exceeding the 5-year CAGR of N/A. TTM revenue reached $44M. Growth momentum has increased versus prior periods.
What is LIEN's long-term revenue growth rate?
Chicago Atlantic BDC, Inc.'s 5-year revenue CAGR of N/A reflects the sustained expansion pattern. Current YoY growth of +44.0% is above this long-term average.
How is LIEN's revenue distributed by segment?
LIEN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2025 are available for download. Segment mix reveals concentration and diversification trends.