---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-212714"
form_type: "8-K"
ticker: "GSBD"
cik: "0001572694"
company_name: "Goldman Sachs BDC, Inc."
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T21:05:30.811710+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# GSBD Q1 2026: NII $0.22/sh, EPS $(0.12), NAV falls to $12.17; Q2 base dividend $0.32

## Summary
- Net investment income per share $0.22; net loss per share $(0.12); total investment income $78.8M vs $86.1M prior quarter.
- NAV per share $12.17, down 3.7% from $12.64 as of Dec 31, 2025.
- Two investments (One GI LLC, 3SI Security Systems) placed on non-accrual; non-accruals at 3.2% fair value, 4.7% amortized cost.
- Ending net debt-to-equity ratio 1.37x vs 1.27x; total debt outstanding $1,920.5M.
- Declared Q2 2026 base dividend $0.32/share, payable July 28, 2026, record date June 30, 2026.

## SEC filing metadata
- accession: 0001193125-26-212714
- form_type: 8-K
- ticker: GSBD
- cik: 0001572694
- company_name: Goldman Sachs BDC, Inc.
- filed_at: 2026-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1572694/000119312526212714/0001193125-26-212714-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1572694/000119312526212714/d117157d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-212714
- JSON: https://secwatch.observer/filing/0001193125-26-212714.json
- Plain text: https://secwatch.observer/filing/0001193125-26-212714.txt

## Key facts
- Earnings Releases
  Goldman Sachs BDC, Inc. reported financial results for the first quarter ended March 31, 2026.
  - Period: the first quarter ended March 31, 2026
  - Result: reported results
  source text: On May 7, 2026, Goldman Sachs BDC, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1572694/000119312526212714/0001193125-26-212714-index.htm

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