Company research
Varagon Capital Corp
CIK 1784700
Filing activity
Latest filing
13 filings on record · 8-K, 10-Q, SCHEDULE 13D, DEFA14A, DEF 14A, 40-17G.
Recent filings
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
10-Q filing
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
SCHEDULE 13D - filed by Blackstone Holdings II L.P. regarding Varagon Capital Corp
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 33,122,000Source | 39,100,000Source | 42,242,000Source | 9,242,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Deferred Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -7,902,000Source | -77,640,000Source | 25,746,000Source | -516,319,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -27,741,000Source | 127,270,000Source | -26,186,000Source | 536,735,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 44,841,000Source | 51,174,000Source | 37,797,000Source | 10,892,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 33,963,000Source | 69,606,000Source | 19,976,000Source | 20,416,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 28,395,000Source | 31,309,000Source | 21,108,000Source | 4,499,000Source |
| Income Taxes Paid, NetUSD | 0Source | 0Source | 64,000Source | 0Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 668,000Source | 850,000Source | 2,120,000Source | 471,000Source |
| Gain (Loss) on Sale of DerivativesUSD | 0Source | -116,000Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | -5,059,000Source | — | — |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | — |
| InvestmentCompanyDistributionOrdinaryIncomeUSD | 22,398,000Source | 49,153,000Source | 42,916,000Source | 20,910,000Source |
| Net Income (Loss) Attributable to ParentUSD | 33,122,000Source | 39,100,000Source | 42,242,000Source | 9,242,000Source |
| Operating ExpensesUSD | 48,437,000Source | 45,807,000Source | 39,908,000Source | 16,366,000Source |
| Payments of Financing CostsUSD | 0Source | 7,386,000Source | 1,559,000Source | 4,043,000Source |
| Proceeds from Issuance of Common StockUSD | — | 0Source | 0Source | 273,170,000Source |
| Realized Investment Gains (Losses)USD | -3,681,000Source | 179,000Source | -289,000Source | 0Source |
| Unrealized Gain (Loss) on DerivativesUSD | 0Source | — | — | — |
| Unrealized Gain (Loss) on InvestmentsUSD | -5,740,000Source | — | — | 0.3Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | — |
| Net Income (Loss) Attributable to ParentUSD | 33,122,000Source | 39,100,000Source | 42,242,000Source | 9,242,000Source |
| Earnings Per Share, BasicUSD per share | 0.8Source | 0.94Source | 1.02Source | 0.23Source |
| Earnings Per Share, DilutedUSD per share | 0.8Source | 0.94Source | 1.02Source | 0.23Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 41,531,326Source | 41,517,324Source | 41,499,392Source | 39,848,927Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 41,531,326Source | 41,517,324Source | 41,499,392Source | 39,848,927Source |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | — |
| Interest Expense, DebtUSD | 30,800,000Source | 28,495,000Source | 21,187,000Source | 8,191,000Source |
| Investment Income, NetUSD | 90,980,000Source | 96,337,000Source | 82,549,000Source | 38,229,000Source |
| InvestmentIncomeOperatingAfterExpenseAndTaxUSD | 42,543,000Source | 50,530,000Source | 42,639,000Source | 21,801,000Source |
| Management Fee ExpenseUSD | 6,350,000Source | 5,712,000Source | 5,081,000Source | 2,818,000Source |
| Net Investment IncomeUSD | 42,543,000Source | 50,530,000Source | 42,641,000Source | 21,863,000Source |
| Operating ExpensesUSD | 48,437,000Source | 45,807,000Source | 39,908,000Source | 16,366,000Source |
| Other General and Administrative ExpenseUSD | 532,000Source | 405,000Source | 344,000Source | 124,000Source |
| Realized Investment Gains (Losses)USD | -3,681,000Source | 179,000Source | -289,000Source | 0Source |
Filing attachments
ck0001784700-ex99_1.htm · 8-K · 2026-11-13
Third Quarter 2026 Varagon Capital Corporation Earnings Presentation © Man 20226 Highlights/Summary Results Third Quarter 2026 Highlights NII yield is based on annualized NII per share and average net asset value per share at the beginning and end of each period. Total distribution yield is based on annualized regular distribution per share plus annualized special distribution per share (if applicable) and average net asset value per share at the beginning and end of each period. The weighted a…
Read attachment ↗ck0001784700-ex99_1.htm · 8-K · 2026-08-11
EX-99.1 2 ck0001784700-ex99_1.htm EX-99.1 Second Quarter 2026 Varagon Capital Corporation Earnings Presentation © Man 2025 Highlights/Summary Results Second Quarter 2026 Highlights NII yield is based on annualized NII per share and average net asset value per share at the beginning and end of each period. Total distribution yield is based on annualized regular distribution per share plus annualized special distribution per share (if applicable) and average net asset value per share at the b…
Read attachment ↗ck0001784700-ex99_1.htm · 8-K · 2026-05-12
EX-99.1 2 ck0001784700-ex99_1.htm EX-99.1 First Quarter 2026 Varagon Capital Corporation Earnings Presentation © Man 2025 Highlights/Summary Results First Quarter 2025 Highlights Total distribution yield is based on annualized regular distribution per share plus annualized special distribution per share and average net asset value per share at the beginning and end of each period. The weighted average yield at fair value of our debt and income producing securities is not the same as a retur…
Read attachment ↗ck0001784700-ex99_1.htm · 8-K · 2026-03-18
EX-99.1 2 ck0001784700-ex99_1.htm EX-99.1 Fourth Quarter 2025 Varagon Capital Corporation Earnings Presentation © Man 2025 Highlights/Summary Results Fourth Quarter 2025 Highlights Distributions include regular distribution plus special distribution. Total distribution yield is based on annualized regular distribution per share plus annualized special distribution per share and average net asset value per share at the beginning and end of each period. The weighted average yield at fair valu…
Read attachment ↗