---
schema_version: "secwatch.filing_event.v1"
accession: "0001287032-25-000117"
form_type: "8-K"
ticker: "PSEC"
cik: "0001287032"
company_name: "PROSPECT CAPITAL CORP"
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T01:24:24.074521+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Prospect Capital reports Q3 fiscal 2025 net loss of $171M; NAV drops to $7.25

## Summary
- Net loss applicable to common shareholders of $171M ($0.39 per share) vs. prior year net income of $114M.
- NII per common share $0.19, down from $0.23 YoY; total investment income $170.7M, down 16% YoY.
- NAV per share $7.25, down 7.5% from $7.84 last quarter and 19% from $8.99 last year.
- Common dividend maintained at $0.045/month ($0.135/quarter), down from $0.18/quarter a year ago.
- First-lien debt mix improved to 65.5% of investments; non-accrual loans remain low at 0.6% of assets.

## SEC filing metadata
- accession: 0001287032-25-000117
- form_type: 8-K
- ticker: PSEC
- cik: 0001287032
- company_name: PROSPECT CAPITAL CORP
- filed_at: 2025-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287032/000128703225000117/0001287032-25-000117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287032/000128703225000117/psec-20250509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287032-25-000117
- JSON: https://secwatch.observer/filing/0001287032-25-000117.json
- Plain text: https://secwatch.observer/filing/0001287032-25-000117.txt

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