---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-219679"
form_type: "8-K"
ticker: null
cik: "0001784700"
company_name: "Varagon Capital Corp"
filed_at: "2026-05-12T20:45:24+00:00"
generated_at: "2026-05-12T20:50:56.160066+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Varagon Capital Q1 2026 NAV $9.03; NII $0.24; declares $0.23 Q2 distribution

## Summary
- NAV per share $9.03 (Q4 2025: $9.23); total net assets $375.2M.
- Net investment income $10.1M ($0.24/share); annualized NII yield 10.8%; total investment income $20.9M.
- Declared Q2 2026 regular distribution $0.23/share; no special distribution (Q1 2026 total $0.23).
- Portfolio yield 10.3% at fair value; three investments on non-accrual (1.3% fair value, 2.5% cost).
- Gross deployment $27.4M, net repayments $21.1M; debt/equity 1.25x.

## SEC filing metadata
- accession: 0001193125-26-219679
- form_type: 8-K
- cik: 0001784700
- company_name: Varagon Capital Corp
- filed_at: 2026-05-12T20:45:24+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1784700/000119312526219679/0001193125-26-219679-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1784700/000119312526219679/ck0001784700-20260512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-219679
- JSON: https://secwatch.observer/filing/0001193125-26-219679.json
- Plain text: https://secwatch.observer/filing/0001193125-26-219679.txt

## Key facts
- Earnings Releases
  Varagon Capital Corp reported the quarter ended March 31, 2026 results: net income $0.24 per share, EPS $0.03.
  - Period: the quarter ended March 31, 2026
  - Net income: $0.24 per share
  - EPS: $0.03
  - Result: reported results
  source text: On May 12, 2026, Varagon Capital Corporation released an earnings presentation relating to its financial results for the quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1784700/000119312526219679/0001193125-26-219679-index.htm

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