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Company research

TCW Direct Lending LLC

CIK 1603480

No exchange listing on record for this SEC filer. Coverage is drawn from its filings.

Filing activity

SEC EDGAR
Latest filing

10-Q · Aug 12, 2026

7 filings on record · 10-Q, 8-K, DEF 14A, PRE 14A, 10-K/A, 10-K.

Recent filings

  1. 10-Q filing

    10-Q · 2026-08-12 · 0001193125-26-346645

  2. Submission of Matters to a Vote of Security Holders

    Items 5.07

    8-K · 2026-07-22 · 0001580642-26-004543

  3. DEF 14A filing

    DEF 14A · 2026-06-25 · 0001580642-26-003933

  4. PRE 14A filing

    PRE 14A · 2026-06-10 · 0001580642-26-003704

  5. 10-Q filing

    10-Q · 2026-05-13 · 0001193125-26-221900

Show 2 more recent filings
  1. 10-K/A filing

    10-K/A · 2026-04-30 · 0001193125-26-196779

  2. 10-K filing

    10-K · 2026-04-03 · 0001193125-26-140703

Financials

FY 2025 · USD
Revenue · FY 2025
Net income-17,300,000USD · FY 2025
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

Operating income · FY 2025
Diluted EPS-0.96USD per share · FY 2025
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
ASSETS
AssetsUSD680,830,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

As of 2025-12-31

771,040,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

As of 2024-12-31

939,154,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

As of 2023-12-31

1,022,589,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

As of 2022-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD20,992,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

As of 2025-12-31

17,736,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

As of 2024-12-31

2,372,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

As of 2023-12-31

4,223,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

As of 2022-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD447,847,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

As of 2025-12-31

515,257,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

As of 2024-12-31

572,415,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

As of 2023-12-31

629,374,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

As of 2022-12-31

Stockholders’ equity:
Retained Earnings (Accumulated Deficit)USD-238,703,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

As of 2025-12-31

-216,478,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

As of 2024-12-31

-107,804,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

As of 2023-12-31

-84,243,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

As of 2022-12-31

Stockholders' Equity Attributable to ParentUSD232,983,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

As of 2025-12-31

255,783,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

As of 2024-12-31

366,739,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

As of 2023-12-31

393,215,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

As of 2022-12-31

Liabilities and EquityUSD680,830,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

As of 2025-12-31

771,040,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

As of 2024-12-31

939,154,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

As of 2023-12-31

1,022,589,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

As of 2022-12-31

Additional Financial Items
Short-term InvestmentsUSD395,456,667
Source

10-K · 2026-04-03 · 0001193125-26-140703

As of 2025-12-31

420,466,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

As of 2024-12-31

491,966,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

As of 2023-12-31

501,075,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

As of 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD-17,300,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

-93,456,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

20,524,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

43,411,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

2022-01-01 to 2022-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD50,281,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

17,922,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

94,892,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

24,669,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

2022-01-01 to 2022-12-31

Cash flows from financing activities:
Net Cash Provided by (Used in) Financing ActivitiesUSD-47,025,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

-2,558,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

-96,743,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

-28,978,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

2022-01-01 to 2022-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD3,256,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

15,364,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

-1,851,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

-4,309,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

2022-01-01 to 2022-12-31

Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD4,492,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

6,291,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

7,309,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

4,020,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

2022-01-01 to 2022-12-31

Additional Financial Items
Amortization of Debt Issuance CostsUSD589,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

613,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

541,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

857,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

2022-01-01 to 2022-12-31

Gain (Loss) on InvestmentsUSD-109,638,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

-17,053,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

13,255,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

2022-01-01 to 2022-12-31

InterestIncomeOperatingPaidInKindUSD4,861,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

Net Income (Loss) Attributable to ParentUSD-17,300,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

-93,456,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

20,524,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

Operating ExpensesUSD18,885,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

19,666,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

13,068,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

2022-01-01 to 2022-12-31

Payments of Financing CostsUSD425,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

658,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

543,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

478,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

2022-01-01 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Net Income (Loss) Attributable to ParentUSD-17,300,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

-93,456,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

20,524,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

Earnings Per Share, BasicUSD per share-0.96
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

-5.18
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

1.14
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

Earnings Per Share, DilutedUSD per share-0.96
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

-5.18
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

1.14
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

Weighted Average Number of Shares Outstanding, Basicshares18,034,649
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

18,034,649
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares18,034,649
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

18,034,649
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

Additional Financial Items
Gain (Loss) on InvestmentsUSD-109,638,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

-17,053,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

13,255,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

2022-01-01 to 2022-12-31

InterestIncomeOperatingPaidInKindUSD4,861,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

Investment Company, Contractual Fee WaivedUSD3,249,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

InvestmentIncomeOperatingAfterExpenseAndTaxUSD6,172,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

Management Fee ExpenseUSD3,249,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

3,589,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

4,000,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

4,015,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

2022-01-01 to 2022-12-31

Net Investment IncomeUSD16,182,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

37,577,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

30,156,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

2022-01-01 to 2022-12-31

Operating ExpensesUSD18,885,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

19,666,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

13,068,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

2022-01-01 to 2022-12-31

Other ExpensesUSD131,000
Source

10-K · 2026-04-03 · 0001193125-26-140703

2025-01-01 to 2025-12-31

128,000
Source

10-K · 2025-03-31 · 0000950170-25-047910

2024-01-01 to 2024-12-31

174,000
Source

10-K · 2024-03-28 · 0000950170-24-037856

2023-01-01 to 2023-12-31

204,000
Source

10-K · 2023-04-06 · 0000950170-23-012037

2022-01-01 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.