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CAPITAL SOUTHWEST CORP
CIK 17313Updated Oct 16, 2026
SecurityCSWC · NASDAQ · equity
Historical securities (1)
CSWCZ · NASDAQ · note · closed Oct 10, 2025CSWC price & chart
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NASDAQ:CSWC on TradingView ↗About the company
Capital Southwest Corporation (Nasdaq: CSWC) is a Dallas, Texas-based, internally managed business development company with approximately $2.2 billion in investments at fair value as of June 30, 2026. Capital Southwest is a middle market lending firm focused on supporting the acquisition and growth of middle market businesses with $5 million to $50 million investments across the capital structure, including first lien, second lien and non-control equity co-investments. As a public company with a permanent capital base, Capital Southwest has the flexibility to be creative in its financing solutions and to invest to support the growth of its portfolio companies over long periods of time.
In the news
Capital Southwest Corporation Prices Public Offering of $350 Million 6.750% Notes due 2031 ↗
Capital Southwest and Trinity Capital Announce Formation of New Joint Venture ↗
Recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
424B2 filing
497AD filing
497AD filing
Show 5 more recent filings
FWP - filed by CAPITAL SOUTHWEST CORP regarding CAPITAL SOUTHWEST CORP
424B2 filing
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Other Events
Items 1.01, 2.03, 8.01, 9.01
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Submission of Matters to a Vote of Security Holders · Regulation FD Disclosure
Items 5.03, 5.07, 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Financials
FY 2026 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2026 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2027 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 2,115,921,000Source | 1,789,065,000Source | 1,429,487,000Source | 2,021,324,000Source | 1,604,498,000Source | 2,315,519,000Source | 1,882,412,000Source | 1,544,032,000Source | 2,177,518,000Source | 1,882,840,000Source | 1,556,758,000Source | 1,257,684,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 42,559,000Source | 36,013,000Source | 23,605,000Source | 87,429,000Source | 47,237,000Source | 58,457,000Source | 46,889,000Source | 33,299,000Source | 29,045,000Source | 43,221,000Source | 32,273,000Source | 21,585,000Source |
| Operating Lease, Right-of-Use AssetUSD | 3,700,000Source | 4,000,000Source | 1,800,000Source | 3,600,000Source | 2,400,000Source | 3,600,000Source | 3,700,000Source | 2,300,000Source | 3,700,000Source | 3,900,000Source | 2,400,000Source | 1,800,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 1,120,287,000Source | 958,623,000Source | 708,522,000Source | 1,074,320,000Source | 813,240,000Source | 1,257,063,000Source | 965,938,000Source | 766,701,000Source | 1,166,526,000Source | 999,207,000Source | 801,082,000Source | 667,276,000Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 14,864,000Source | 12,513,000Source | 10,745,000Source | 14,242,000Source | 11,922,000Source | 15,933,000Source | 13,807,000Source | 11,709,000Source | 15,144,000Source | 13,228,000Source | 11,263,000Source | 9,604,000Source |
| Additional Paid in CapitalUSD | 1,057,225,000Source | 903,513,000Source | 751,411,000Source | 1,040,244,000Source | 855,177,000Source | 1,136,438,000Source | 999,728,000Source | 833,627,000Source | 1,074,854,000Source | 959,123,000Source | 796,945,000Source | 646,586,000Source |
| Retained Earnings (Accumulated Deficit)USD | -76,455,000Source | -85,584,000Source | -41,191,000Source | -107,482,000Source | -75,841,000Source | -93,915,000Source | -97,061,000Source | -68,005,000Source | -79,006,000Source | -88,718,000Source | -52,532,000Source | -41,845,000Source |
| Stockholders' Equity Attributable to ParentUSD | 995,634,000Source | 830,442,000Source | 720,965,000Source | 947,004,000Source | 791,258,000Source | 1,058,456,000Source | 916,474,000Source | 777,331,000Source | 1,010,992,000Source | 883,633,000Source | 755,676,000Source | 590,408,000Source |
| Liabilities and EquityUSD | 2,115,921,000Source | 1,789,065,000Source | 1,429,487,000Source | 2,021,324,000Source | 1,604,498,000Source | 2,315,519,000Source | 1,882,412,000Source | 1,544,032,000Source | 2,177,518,000Source | 1,882,840,000Source | 1,556,758,000Source | 1,257,684,000Source |
| Deferred Income Tax Liabilities, NetUSD | 15,026,000Source | 15,629,000Source | 10,925,000Source | 14,861,000Source | 12,590,000Source | 11,589,000Source | 12,919,000Source | 13,944,000Source | 12,507,000Source | 16,780,000Source | 11,997,000Source | 12,117,000Source |
| Additional Financial Items | ||||||||||||
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | — | — | — | — | — | — | — | — | -1,526,000Source | -1,593,000Source | -1,660,000Source | -1,726,000Source |
| Deferred Tax Liabilities, NetUSD | 15,026,000Source | 15,629,000Source | 10,925,000Source | 14,861,000Source | 12,590,000Source | 11,589,000Source | 12,919,000Source | 13,944,000Source | 12,507,000Source | 16,780,000Source | 11,997,000Source | 12,117,000Source |
| Long-term DebtUSD | 1,072,482,000Source | 920,194,000Source | 677,835,000Source | 1,034,758,000Source | 785,031,000Source | 1,221,172,000Source | 925,950,000Source | 735,441,000Source | 1,131,225,000Source | 956,065,000Source | 770,853,000Source | 637,644,000Source |
cash flow · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2027 | Q1 2026 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | 1,798,000Source | 1,684,000Source | 6,972,000Source | 5,865,000Source | 4,304,000Source | 2,750,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 1,448,000Source | 1,143,000Source | 4,977,000Source | 6,963,000Source | 4,518,000Source | 3,705,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | -918,000Source | -3,860,000Source | -4,273,000Source | 4,782,000Source | -119,000Source | 6,369,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -80,870,000Source | 30,493,000Source | -193,504,000Source | -217,258,000Source | -188,496,000Source | -227,100,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 0Source | -141,000Source | -286,000Source | -1,666,000Source | -13,000Source | -281,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 0Source | 141,000Source | 286,000Source | 1,666,000Source | 13,000Source | 281,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | — | — | — | 1,697,000Source | 1,120,000Source | 1,120,000Source | 2,708,000Source | 1,063,000Source | 1,021,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 110,282,000Source | -26,684,000Source | 178,364,000Source | 231,522,000Source | 199,197,000Source | 237,535,000Source |
| Dividends paid | — | — | — | — | — | — | —Source | —Source | —Source | —Source | —Source | —Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 29,412,000Source | 3,668,000Source | -15,426,000Source | 12,598,000Source | 10,688,000Source | 10,154,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 44,209,000Source | 36,013,000Source | 89,079,000Source | 47,237,000Source | 58,857,000Source | 48,539,000Source | 29,445,000Source | 44,871,000Source | 32,273,000Source | 21,585,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 8,649,000Source | 14,846,000Source | 63,787,000Source | 46,586,000Source | 37,753,000Source | 25,466,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 12,318,000Source | — | — | — |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 1,290,000Source | 1,544,000Source | 1,270,000Source | 1,538,000Source | 1,448,000Source | 1,143,000Source | 4,977,000Source | 6,963,000Source | 4,518,000Source | 3,705,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | 0Source | -9,000Source | -2,000Source | 0Source | — | — | -2,000Source | -20,000Source | 0Source | 0Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | -2,156,000Source | -387,000Source | — | 0Source | — | — | -2,156,000Source | -387,000Source | -361,000Source | 0Source |
| General and Administrative ExpenseUSD | — | — | 1,703,000Source | 1,643,000Source | 1,666,000Source | 1,482,000Source | 1,970,000Source | 1,657,000Source | 6,954,000Source | 6,242,000Source | 5,244,000Source | 4,632,000Source |
| Income Tax Expense (Benefit)USD | — | — | -2,354,000Source | 367,000Source | 2,033,000Source | -1,151,000Source | -711,000Source | 828,000Source | 1,121,000Source | 2,265,000Source | 944,000Source | 329,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 32,896,000Source | 16,268,000Source | 25,619,000Source | 22,684,000Source | 24,732,000Source | 27,001,000Source | 112,995,000Source | 70,548,000Source | 83,389,000Source | 33,093,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 32,544,000Source | 16,268,000Source | 25,333,000Source | 22,684,000Source | 24,361,000Source | 26,672,000Source | 111,779,000Source | 69,859,000Source | — | — |
| Operating Lease, ExpenseUSD | — | — | 100,000Source | 100,000Source | 100,000Source | 100,000Source | 100,000Source | 100,000Source | 500,000Source | 500,000Source | 300,000Source | 300,000Source |
| Pension Expense (Reversal of Expense), NoncashUSD | — | — | — | — | — | — | -17,000Source | -17,000Source | -67,000Source | -66,000Source | -66,000Source | -24,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | 62,643,000Source | 41,197,000Source | 157,819,000Source | 178,493,000Source | 181,453,000Source | 202,956,000Source |
| Realized Investment Gains (Losses)USD | — | — | — | — | — | — | 253,000Source | 21,826,000Source | 14,849,000Source | -46,760,000Source | -39,983,000Source | -17,222,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | -10,259,000Source | -24,180,000Source | -27,978,000Source | 6,082,000Source | 13,623,000Source | -12,075,000Source |
income statement · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2027 | Q1 2026 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Tax Expense (Benefit)USD | — | — | -2,354,000Source | 367,000Source | 2,033,000Source | -1,151,000Source | -711,000Source | 828,000Source | 1,121,000Source | 2,265,000Source | 944,000Source | 329,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 32,896,000Source | 16,268,000Source | 25,619,000Source | 22,684,000Source | 24,732,000Source | 27,001,000Source | 112,995,000Source | 70,548,000Source | 83,389,000Source | 33,093,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.57Source | 0.34Source | 0.46Source | 0.48Source | 0.4Source | 0.5Source | 1.98Source | 2.46Source | 2.7Source | 2.29Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.54Source | 0.34Source | 0.44Source | 0.48Source | 0.39Source | 0.48Source | 1.9Source | — | 2.7Source | 2.29Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 57,530,942Source | 48,315,228Source | 55,544,095Source | 47,242,863Source | 61,141,741Source | 53,516,995Source | 56,529,604Source | 47,448,093Source | 40,727,133Source | 30,015,533Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 66,842,796Source | 54,121,844Source | 64,830,413Source | 47,242,863Source | 70,505,458Source | 62,777,430Source | 65,828,805Source | 51,187,714Source | 40,727,133Source | 30,015,533Source |
| Additional Financial Items | ||||||||||||
| General and Administrative ExpenseUSD | — | — | 1,703,000Source | 1,643,000Source | 1,666,000Source | 1,482,000Source | 1,970,000Source | 1,657,000Source | 6,954,000Source | 6,242,000Source | 5,244,000Source | 4,632,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | — | — | 0.34Source | — | 0.48Source | — | — | 1.98Source | 1.47Source | 2.05Source | 1.1Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | — | — | 0.34Source | — | 0.48Source | — | — | 1.9Source | 1.47Source | 2.05Source | 1.1Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 43,088,000Source | 28,873,000Source |
| InterestExpenseOperatingUSD | — | — | 18,052,000Source | 14,717,000Source | 16,020,000Source | 12,587,000Source | 18,499,000Source | 15,264,000Source | 66,617,000Source | 54,959,000Source | — | — |
| InvestmentIncomeOperatingAfterExpenseAndTaxUSD | — | — | 36,985,000Source | 30,316,000Source | 31,984,000Source | 31,165,000Source | 35,680,000Source | 31,889,000Source | 135,467,000Source | 118,182,000Source | 110,005,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 32,544,000Source | 16,268,000Source | 25,333,000Source | 22,684,000Source | 24,361,000Source | 26,672,000Source | 111,779,000Source | 69,859,000Source | — | — |
| Net Investment IncomeUSD | — | — | 34,631,000Source | 30,683,000Source | 34,017,000Source | 30,014,000Source | 34,969,000Source | 32,717,000Source | 136,588,000Source | 120,447,000Source | 110,949,000Source | 69,040,000Source |
| Operating Lease, ExpenseUSD | — | — | 100,000Source | 100,000Source | 100,000Source | 100,000Source | 100,000Source | 100,000Source | 500,000Source | 500,000Source | 300,000Source | 300,000Source |
| Other IncomeUSD | — | — | 743,000Source | 1,048,000Source | 618,000Source | 491,000Source | 302,000Source | 287,000Source | 2,028,000Source | 2,369,000Source | 545,000Source | 121,000Source |
| Realized Investment Gains (Losses)USD | — | — | — | — | — | — | 253,000Source | 21,826,000Source | 14,849,000Source | -46,760,000Source | -39,983,000Source | -17,222,000Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | — | — | -352,000Source | 0Source | -286,000Source | 0Source | -371,000Source | -329,000Source | -1,216,000Source | -689,000Source | — | — |
| Common Stock, Dividends, Per Share, Declared | — | — | — | — | — | —Source | — | —Source | — | — | — | — |
Filing attachments
cswc-ex42xeighthsupplement.htm · 8-K · 2026-09-15
EX-4.2 3 cswc-ex42xeighthsupplement.htm EX-4.2 Document Exhibit 4.2 EIGHTH SUPPLEMENTAL INDENTURE between CAPITAL SOUTHWEST CORPORATION and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee Dated as of September 15, 2026 THIS EIGHTH SUPPLEMENTAL INDENTURE (this “Eighth Supplemental Indenture”), dated as of September 15, 2026, is between Capital Southwest Corporation, a Texas corporation (the “Company”), and U.S. Bank Trust Company, National Association (as successor in inter…
Read attachment ↗cswc33126ex991.htm · 10-K · 2026-05-19
Exhibit 99.1 Report of Independent Registered Public Accounting Firm Shareholders and the Board of Directors of Capital Southwest Corporation and Subsidiaries Our audits of the consolidated financial statements and internal control over financial reporting referred to in our report dated May 19, 2026, appearing in Capital Southwest Corporation’s annual report on Form 10-K also included an audit of the senior securities table of Capital Southwest Corporation and Subsidiaries (collectively, the…
Read attachment ↗