Logotype for PennantPark Investment Corporation

PennantPark Investment (PNNT) investor relations material

PennantPark Investment Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for PennantPark Investment Corporation
Q3 2025 earnings summary12 Aug, 2025

Executive summary

  • Net investment income for the quarter ended June 30, 2025 was $11.8 million ($0.18 per share), down from $15.7 million ($0.24 per share) year-over-year, primarily due to a smaller portfolio and lower yields.

  • The company is executing a strategy to rotate out of equity positions and redeploy capital into interest-paying debt investments to increase core net investment income.

  • Portfolio consisted of 158 companies with a fair value of $1,171.6 million as of June 30, 2025, with a weighted average yield on interest-bearing debt investments of 11.5%.

  • Four portfolio companies were on non-accrual status, representing 2.8% of cost and 0.7% of fair value.

  • A significant balance of spillover income ($55 million or $0.84 per share) is available to cover dividend shortfalls during the equity rotation period.

Financial highlights

  • GAAP and core net investment income was $0.18 per share for the quarter ended June 30, 2025.

  • Total investment income for the quarter was $29.6 million, down from $37.0 million year-over-year.

  • Net realized and unrealized loss on investments and debt was $3.6 million for the quarter.

  • Net asset value per share was $7.36 at June 30, 2025, down from $7.56 at September 30, 2024.

  • Distributions declared were $0.24 per share for the quarter and $0.72 per share for the nine months.

Outlook and guidance

  • Management anticipates increased loan originations and exits from equity positions due to resurgence in deal activity.

  • Anticipates significant progress in equity rotation over the next 12–18 months, with capital redeployed into yield-generating assets.

  • Dividend level expected to be maintained in the near term, supported by spillover income.

  • JV portfolio expected to be fully optimized in the next 6–9 months, with potential for further growth.

  • The company intends to continue monthly distributions, subject to board approval and available net investment income.

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

Next PennantPark Investment earnings date

Logotype for PennantPark Investment Corporation
Q4 202525 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next PennantPark Investment earnings date

Logotype for PennantPark Investment Corporation
Q4 202525 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

PennantPark Investment Corporation is a business development company providing debt and equity financing to middle-market companies. Its portfolio includes senior secured loans, subordinated debt, and equity investments across diverse industries. The company is headquartered in Miami, Florida, and its shares are listed on the NASDAQ.

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