Logotype for Main Street Capital Corporation

Main Street Capital (MAIN) investor relations material

Main Street Capital Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Main Street Capital Corporation
Q2 2025 earnings summary8 Aug, 2025

Executive summary

  • Total investment income for Q2 2025 rose 9% year-over-year to $144M, driven by higher dividend and interest income.

  • Net investment income reached $88.2M ($0.99 per share), with distributable net investment income at $94.3M ($1.06 per share), both up year-over-year.

  • Net asset value per share increased to $32.30, a record for the twelfth consecutive quarter.

  • Return on equity was 17.1% annualized for Q2 2025.

  • Asset management business contributed $8.7M to net investment income in Q2 2025.

Financial highlights

  • Net increase in net assets from operations was $122.5M in Q2 2025, up 19% year-over-year.

  • Net realized gains of $52.4M, primarily from lower middle market exits.

  • Operating expense ratio (excluding interest) was 1.3%–1.4% of average total assets.

  • NAV per share as of June 30, 2025: $32.30, up from $31.65 at year-end 2024.

  • Annualized total return on investments for Q2 2025 was 16.4%.

Outlook and guidance

  • Regular monthly dividends increased 4% for Q4 2025, with a $0.30 per share supplemental dividend for Q3.

  • Management expects continued portfolio growth, stable dividend policy, and potential for further supplemental dividends.

  • Dividend policy targets consistent annual growth, with supplemental dividends as DNII exceeds regular payouts.

  • 2025 DNII per share expected to be at least $1, with upside from portfolio activities.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Main Street Capital earnings date

Logotype for Main Street Capital Corporation
Q3 20257 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Main Street Capital earnings date

Logotype for Main Street Capital Corporation
Q3 20257 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Main Street Capital Corporation is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies. With a focus on businesses seeking growth capital and operational turnaround, Main Street focuses on situations where an investment in equity capital can lead to reward for all parties involved, which includes management, shareholders and investors. The firm generally invests in mature or lower middle market companies engaged in diverse industry sectors, focusing on traditional generalist strategy, diversified and non-core industry.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage