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CNL Strategic Capital, LLC

What Do They Do?

Invests in and helps grow middle-market U.S. businesses through controlling equity stakes and loans, and also makes other equity and debt investments.

How Do They Make Money?

FY2025 revenue

Do Revenues Turn Into Profits?

Yes. Its net income in FY2025 was larger than its revenue.

Net income, FY2025
644% of revenue
▲ +25% vs FY2024 ($109.8M, 521%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +789%
vs $565K in Q2 FY2025
Net income
▼ −32%
vs $45.9M in Q2 FY2025

Growing. Revenue grew 2.1x in 4 years, from $10.1M in FY2021 to $21.2M in FY2025, about 20% a year.

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