MidCap Financial Investment Corp

midcapfinancialic.com

What Do They Do?

Lends primarily through senior secured loans to privately held U.S. middle-market companies, with other debt and equity investments also in its portfolio.

How Do They Make Money?

Earns mainly interest and dividends from investments in companies; interest is generally paid quarterly or semiannually. It may also earn gains on investments and fees for arranging investments or helping portfolio companies.

FY2025 revenue

Who Are Their Customers?

Privately held U.S. middle-market companies borrow through directly originated, privately negotiated loans; MFIC may also acquire investments in the secondary market.

Do Revenues Turn Into Profits?

Yes. It kept 44 cents of every revenue dollar as net income in FY2025.

Net income, FY2025

44% of revenue

▼ −36% vs FY2024 ($98.8M, 74%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▼ −10%; vs $36.4M in Q2 FY2025
Net income: ▼ Now a loss; vs $18.1M in Q2 FY2025

Apr 20, 2026 Executive Chairman Howard Widra to leave the board Howard Widra's resignation as director and Executive Chairman was set to take effect June 18, 2026; he also would not stand for re-election.

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