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RWAY logoRunway Growth Finance Corp. (RWAY) Earnings History

Annual and quarterly earnings data from 2016 to 2025

TTM Net Income
$32M
Profitable
TTM EPS
$0.89
Diluted
YoY EPS Growth
-50.8%
Declining
Net Margin
24.3%
Profitability
Operating Margin54.7%
Gross Margin78.5%
ROE6.8%
ROA3.3%
Highest Annual Net Income$74M (2024)
Highest Quarterly EPS$0.75 (Q4 2024)
Consecutive Profitable Years8 years
Q1 2026
Net Income$0
EPS$0.00
QoQ Growth-100.0%Declining

Loading earnings history...

RWAY EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-50.8%
Declining
3-Year
+5.6%
Solid
5-Year
-4.0%
Slow
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

RWAY Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202578.5%54.7%24.3%
202469.1%59.3%59.3%
202359.1%46.9%46.9%
202275.1%58.5%58.5%
202192.2%84.5%84.5%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Runway Growth Finance Corp. (RWAY) Earnings Overview

As of May 8, 2026, Runway Growth Finance Corp. (RWAY) reported trailing twelve-month net income of $32M, reflecting -50.8% year-over-year growth. The company earned $0.89 per diluted share over the past four quarters, with a net profit margin of 24.3%.

Looking at the long-term picture, RWAY's 5-year EPS compound annual growth rate (CAGR) stands at -4.0%, signaling declining earnings. The company achieved its highest annual net income of $74M in fiscal 2024.

Runway Growth Finance Corp. maintains industry-leading profitability with a gross margin of 78.5%, operating margin of 54.7%, and net margin of 24.3%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including TPVG (-$12M net income, 50.6% margin), HRZN ($28M net income, -6.6% margin), HTGC ($289M net income, 62.1% margin), RWAY has room to improve margins relative to the peer group. Compare RWAY vs TPVG →

RWAY Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
RWAY logoRWAYCurrent
$32M$0.8924.3%6.8%-50.8%—
TPVG logoTPVG
-$12M$-0.1050.6%14.1%+48.8%
HRZN logoHRZN
$28M$0.59-6.6%-0.8%+756.3%
HTGC logoHTGC
$289M$1.4762.1%16.2%+14.9%
ARCC logoARCC
$1.1B$1.6041.3%9.4%-23.8%
GBDC logoGBDC
$205M$0.7843.2%9.4%+4.4%
Best in group
Lowest in group

RWAY Historical Earnings Data (2016–2025)

10 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$34M-53.7%$77M$0.9324.3%54.7%
2024$74M+66.0%$74M$1.8959.3%59.3%
2023$44M+37.5%$44M$1.0946.9%46.9%
2022$32M-29.3%$32M$0.7958.5%58.5%
2021$46M-2.9%$46M$1.3384.5%84.5%
2020$47M+69.9%$47M$1.1489.6%89.6%
2019$28M+135.1%$28M$0.6784.1%84.1%
2018$12M+918.6%$12M$0.2880.6%80.6%
2017-$1M-59.1%-$2M$-0.51-45.0%-57.7%
2016$-903,041-$-902,980$-83.82--

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Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..

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RWAY — Frequently Asked Questions

Quick answers to the most common questions about buying RWAY stock.

Is RWAY growing earnings?

RWAY EPS fell to $0.89, with earnings declining -50.8%. This contrasts with the 5-year CAGR of -4.0%. TTM net income dropped to $32M.

What are RWAY's profit margins?

Runway Growth Finance Corp. net margin is +24.3%, with operating margin at +54.7%. Above-average margins indicate pricing power.

How consistent are RWAY's earnings?

RWAY earnings data spans 2016-2025. The declining earnings trend is -50.8% YoY. Historical data enables comparison across business cycles.

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RWAY Earnings Over Time (2016–2025)

Net income and EPS trends