---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-135990"
form_type: "8-K"
ticker: "GSBD"
cik: "0001572694"
company_name: "Goldman Sachs BDC, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:54:52.035874+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GSBD Q1 NII $0.46 ($0.45 adj), EPS $0.27; NAV down 1.2% to $14.44; dividend $0.45 held

## Summary
- Net investment income per share $0.46 (adj $0.45); GAAP EPS $0.27; net investment income after taxes $48M vs $67.6M prior quarter due to higher incentive fee.
- NAV per share $14.44, down 1.2% from $14.61; total investment portfolio at fair value $3.51B across 133 companies.
- Declared Q2 dividend $0.45/share, payable July 27 to holders of record June 30, unchanged from prior quarter.
- Completed follow-on offering of 6.5M shares at $15.09, net proceeds $97.6M; net debt/equity improved to 1.20x from 1.32x.
- Non-accrual investments 0.6% at fair value; weighted average yield on debt at amortized cost 12.2% (up from 11.7%).

## SEC filing metadata
- accession: 0001193125-23-135990
- form_type: 8-K
- ticker: GSBD
- cik: 0001572694
- company_name: Goldman Sachs BDC, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1572694/000119312523135990/0001193125-23-135990-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1572694/000119312523135990/d188991d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-135990
- JSON: https://secwatch.observer/filing/0001193125-23-135990.json
- Plain text: https://secwatch.observer/filing/0001193125-23-135990.txt

## Key facts
- Earnings Releases
  Goldman Sachs BDC, Inc. reported first quarter ended March 31, 2023 results: revenue $107.4 million, net income $48.0 million, EPS $0.27.
  - Period: first quarter ended March 31, 2023
  - Revenue: $107.4 million
  - Net income: $48.0 million
  - EPS: $0.27
  - Result: reported results
  source text: Total investment income for the three months ended March 31, 2023 and December 31, 2022 was $107.4 million and $106.5 million, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1572694/000119312523135990/0001193125-23-135990-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.