---
schema_version: "secwatch.filing_event.v1"
accession: "0001287750-25-000036"
form_type: "8-K"
ticker: "ARCC"
cik: "0001287750"
company_name: "ARES CAPITAL CORP"
filed_at: "2025-07-29T23:59:59+00:00"
generated_at: "2026-05-17T23:33:26.908757+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ares Capital Q2 GAAP NI $0.52/sh, Core EPS falls to $0.50; Q3 dividend $0.48

## Summary
- GAAP net income $361M ($0.52/sh) vs $322M ($0.52/sh) YoY; Core EPS $0.50 vs $0.61.
- Net investment income $342M ($0.49/sh) down from $386M ($0.62/sh) YoY.
- Portfolio at $27.9B fair value, up from $26.7B at Dec 31; non-accruals 2.0% of cost.
- Q3 dividend $0.48/sh unchanged, payable Sep 30, record Sep 15.
- Raised $750M 5.5% notes due 2030; increased credit facility commitments.

## SEC filing metadata
- accession: 0001287750-25-000036
- form_type: 8-K
- ticker: ARCC
- cik: 0001287750
- company_name: ARES CAPITAL CORP
- filed_at: 2025-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287750/000128775025000036/0001287750-25-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287750/000128775025000036/arcc-20250729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287750-25-000036
- JSON: https://secwatch.observer/filing/0001287750-25-000036.json
- Plain text: https://secwatch.observer/filing/0001287750-25-000036.txt

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