MidCap Financial Investment Corp
NASDAQ:MFIC
Income Statement
Earnings Waterfall
MidCap Financial Investment Corp
Income Statement
MidCap Financial Investment Corp
| Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue |
48
N/A
|
96
+101%
|
110
+14%
|
123
+13%
|
153
+24%
|
191
+25%
|
245
+28%
|
303
+24%
|
266
-12%
|
353
+33%
|
361
+2%
|
351
-3%
|
358
+2%
|
225
-37%
|
242
+8%
|
247
+2%
|
377
+53%
|
374
-1%
|
355
-5%
|
343
-3%
|
340
-1%
|
336
-1%
|
343
+2%
|
352
+3%
|
359
+2%
|
375
+5%
|
378
+1%
|
367
-3%
|
358
-3%
|
293
-18%
|
333
+14%
|
333
0%
|
332
0%
|
399
+20%
|
358
-10%
|
370
+3%
|
381
+3%
|
387
+2%
|
413
+7%
|
428
+4%
|
434
+1%
|
433
0%
|
412
-5%
|
397
-4%
|
380
-4%
|
355
-7%
|
325
-8%
|
299
-8%
|
280
-6%
|
270
-4%
|
268
-1%
|
264
-1%
|
259
-2%
|
256
-1%
|
256
0%
|
255
0%
|
255
N/A
|
258
+1%
|
262
+2%
|
267
+2%
|
277
+4%
|
267
-4%
|
252
-6%
|
238
-6%
|
217
-9%
|
211
-3%
|
209
-1%
|
209
+0%
|
213
+2%
|
216
+1%
|
222
+3%
|
176
-21%
|
243
+39%
|
259
+6%
|
268
+4%
|
277
+3%
|
277
+0%
|
278
+0%
|
292
+5%
|
302
+3%
|
312
+3%
|
324
+4%
|
325
+0%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(17)
|
(25)
|
(33)
|
(44)
|
(59)
|
(69)
|
(85)
|
(101)
|
(134)
|
(143)
|
(137)
|
(155)
|
(148)
|
(158)
|
(180)
|
(173)
|
(161)
|
(149)
|
(135)
|
(125)
|
(130)
|
(134)
|
(142)
|
(151)
|
(156)
|
(161)
|
(167)
|
(167)
|
(166)
|
(164)
|
(157)
|
(154)
|
(152)
|
(155)
|
(160)
|
(163)
|
(166)
|
(171)
|
(179)
|
(186)
|
(191)
|
(192)
|
(188)
|
(181)
|
(172)
|
(158)
|
(138)
|
(124)
|
(110)
|
(106)
|
(110)
|
(109)
|
(110)
|
(109)
|
(108)
|
(110)
|
(110)
|
(109)
|
(111)
|
(111)
|
(116)
|
(114)
|
(106)
|
(99)
|
(92)
|
(89)
|
(94)
|
(100)
|
(103)
|
(108)
|
(113)
|
(92)
|
(127)
|
(137)
|
(140)
|
(146)
|
(147)
|
(148)
|
(152)
|
(157)
|
(163)
|
(169)
|
(173)
|
|
| Gross Profit |
31
N/A
|
72
+135%
|
77
+7%
|
79
+3%
|
94
+19%
|
122
+29%
|
159
+31%
|
202
+26%
|
132
-34%
|
210
+59%
|
224
+7%
|
196
-13%
|
210
+7%
|
67
-68%
|
62
-7%
|
74
+19%
|
217
+193%
|
225
+4%
|
220
-2%
|
218
-1%
|
211
-3%
|
202
-4%
|
201
0%
|
201
+0%
|
203
+1%
|
214
+5%
|
210
-2%
|
200
-5%
|
191
-4%
|
129
-33%
|
177
+37%
|
179
+1%
|
180
+0%
|
244
+36%
|
199
-18%
|
207
+4%
|
215
+4%
|
217
+1%
|
234
+8%
|
242
+4%
|
243
+0%
|
240
-1%
|
225
-7%
|
216
-4%
|
208
-3%
|
196
-6%
|
187
-5%
|
175
-7%
|
170
-3%
|
165
-3%
|
157
-4%
|
155
-2%
|
149
-4%
|
148
-1%
|
148
0%
|
145
-2%
|
145
+0%
|
149
+3%
|
151
+1%
|
156
+3%
|
161
+3%
|
154
-5%
|
146
-5%
|
138
-5%
|
125
-10%
|
122
-2%
|
115
-6%
|
109
-5%
|
111
+1%
|
108
-2%
|
109
+1%
|
84
-23%
|
117
+39%
|
122
+5%
|
128
+5%
|
131
+2%
|
130
-1%
|
130
+0%
|
140
+7%
|
145
+4%
|
149
+3%
|
155
+4%
|
152
-2%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(16)
|
(17)
|
(18)
|
(19)
|
(15)
|
(14)
|
(13)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(17)
|
(15)
|
(15)
|
(16)
|
(15)
|
(15)
|
(18)
|
(19)
|
(18)
|
(20)
|
(18)
|
(16)
|
(16)
|
(16)
|
(22)
|
(24)
|
(18)
|
(18)
|
(19)
|
(17)
|
(17)
|
(16)
|
(19)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(14)
|
(14)
|
(10)
|
(13)
|
(13)
|
(14)
|
(15)
|
(15)
|
(14)
|
(14)
|
(12)
|
(10)
|
(9)
|
(9)
|
|
| Selling, General & Administrative |
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(16)
|
(17)
|
(18)
|
(19)
|
(15)
|
(14)
|
(13)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(17)
|
(15)
|
(15)
|
(16)
|
(15)
|
(15)
|
(18)
|
(19)
|
(19)
|
(21)
|
(18)
|
(16)
|
(17)
|
(17)
|
(17)
|
(19)
|
(19)
|
(18)
|
(19)
|
(17)
|
(17)
|
(16)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(11)
|
(14)
|
(14)
|
(15)
|
(16)
|
(16)
|
(15)
|
(14)
|
(12)
|
(11)
|
(11)
|
(10)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(5)
|
(5)
|
1
|
1
|
1
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
|
| Operating Income |
25
N/A
|
67
+162%
|
71
+7%
|
74
+4%
|
89
+21%
|
116
+30%
|
154
+33%
|
195
+27%
|
125
-36%
|
202
+61%
|
216
+7%
|
188
-13%
|
202
+8%
|
58
-71%
|
53
-9%
|
64
+21%
|
206
+222%
|
215
+4%
|
209
-2%
|
207
-1%
|
199
-4%
|
191
-4%
|
190
-1%
|
190
0%
|
191
+1%
|
198
+4%
|
193
-2%
|
182
-6%
|
173
-5%
|
113
-34%
|
163
+44%
|
166
+2%
|
167
+1%
|
232
+38%
|
186
-20%
|
194
+4%
|
201
+4%
|
203
+1%
|
219
+8%
|
226
+3%
|
228
+1%
|
226
-1%
|
209
-7%
|
201
-4%
|
193
-4%
|
178
-8%
|
168
-6%
|
157
-7%
|
149
-5%
|
147
-2%
|
141
-4%
|
139
-2%
|
133
-4%
|
126
-6%
|
124
-2%
|
127
+3%
|
128
+0%
|
131
+2%
|
134
+3%
|
139
+3%
|
145
+4%
|
135
-7%
|
131
-3%
|
123
-6%
|
110
-11%
|
107
-3%
|
100
-6%
|
95
-6%
|
96
+1%
|
94
-2%
|
96
+1%
|
74
-22%
|
104
+40%
|
109
+5%
|
114
+5%
|
116
+1%
|
115
-1%
|
116
+1%
|
126
+9%
|
133
+6%
|
139
+4%
|
146
+5%
|
143
-2%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
19
|
(10)
|
11
|
17
|
31
|
62
|
75
|
56
|
187
|
217
|
99
|
44
|
(235)
|
(197)
|
(407)
|
(868)
|
(818)
|
(814)
|
(462)
|
96
|
64
|
(96)
|
(136)
|
(131)
|
(11)
|
67
|
(264)
|
(273)
|
(259)
|
0
|
0
|
11
|
(63)
|
(75)
|
(48)
|
73
|
70
|
114
|
64
|
(68)
|
(153)
|
(208)
|
(236)
|
(234)
|
(238)
|
(271)
|
(219)
|
(170)
|
(131)
|
(57)
|
(61)
|
(58)
|
(41)
|
(54)
|
(56)
|
(66)
|
(56)
|
(48)
|
(68)
|
(72)
|
(257)
|
(271)
|
(242)
|
(201)
|
2
|
34
|
33
|
26
|
(14)
|
(38)
|
(49)
|
(51)
|
(51)
|
(36)
|
(27)
|
3
|
(1)
|
(4)
|
(18)
|
(34)
|
(35)
|
(47)
|
(43)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(6)
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(211)
|
80
|
(22)
|
0
|
(22)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
44
N/A
|
57
+29%
|
82
+44%
|
90
+10%
|
120
+33%
|
178
+48%
|
228
+28%
|
252
+10%
|
312
+24%
|
419
+34%
|
314
-25%
|
232
-26%
|
(33)
N/A
|
(139)
-317%
|
(354)
-154%
|
(804)
-127%
|
(612)
+24%
|
(599)
+2%
|
(252)
+58%
|
303
N/A
|
263
-13%
|
95
-64%
|
54
-43%
|
59
+9%
|
180
+208%
|
265
+47%
|
(71)
N/A
|
(91)
-29%
|
(86)
+6%
|
(98)
-14%
|
242
N/A
|
156
-36%
|
105
-33%
|
135
+29%
|
138
+3%
|
267
+93%
|
271
+2%
|
317
+17%
|
282
-11%
|
157
-44%
|
75
-52%
|
17
-77%
|
(27)
N/A
|
(33)
-24%
|
(45)
-36%
|
(93)
-109%
|
(50)
+46%
|
(13)
+74%
|
18
N/A
|
89
+385%
|
80
-10%
|
75
-7%
|
87
+17%
|
72
-18%
|
68
-5%
|
61
-10%
|
72
+18%
|
82
+15%
|
62
-25%
|
63
+2%
|
(116)
N/A
|
(137)
-18%
|
(111)
+19%
|
(78)
+30%
|
112
N/A
|
141
+26%
|
133
-6%
|
120
-10%
|
82
-32%
|
56
-32%
|
46
-17%
|
23
-51%
|
53
+132%
|
73
+37%
|
87
+19%
|
119
+37%
|
114
-4%
|
111
-2%
|
108
-3%
|
99
-9%
|
104
+5%
|
99
-4%
|
100
+1%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
44
|
57
|
82
|
90
|
120
|
178
|
228
|
252
|
312
|
419
|
314
|
232
|
(33)
|
(139)
|
(354)
|
(804)
|
(612)
|
(599)
|
(252)
|
303
|
263
|
95
|
54
|
59
|
180
|
265
|
(71)
|
(91)
|
(86)
|
(98)
|
242
|
156
|
105
|
135
|
138
|
267
|
271
|
317
|
282
|
157
|
75
|
17
|
(27)
|
(33)
|
(45)
|
(93)
|
(50)
|
(13)
|
18
|
89
|
80
|
75
|
87
|
72
|
68
|
61
|
72
|
82
|
62
|
63
|
(116)
|
(137)
|
(111)
|
(78)
|
112
|
141
|
133
|
120
|
82
|
56
|
46
|
23
|
53
|
73
|
87
|
119
|
114
|
111
|
108
|
99
|
104
|
99
|
100
|
|
| Net Income (Common) |
44
N/A
|
57
+29%
|
82
+44%
|
90
+10%
|
120
+33%
|
178
+48%
|
228
+28%
|
252
+10%
|
312
+24%
|
419
+34%
|
314
-25%
|
232
-26%
|
(33)
N/A
|
(139)
-317%
|
(354)
-154%
|
(804)
-127%
|
(612)
+24%
|
(599)
+2%
|
(252)
+58%
|
303
N/A
|
263
-13%
|
95
-64%
|
54
-43%
|
59
+9%
|
180
+208%
|
265
+47%
|
(71)
N/A
|
(91)
-29%
|
(86)
+6%
|
(98)
-14%
|
242
N/A
|
156
-36%
|
105
-33%
|
135
+29%
|
138
+3%
|
267
+93%
|
271
+2%
|
317
+17%
|
282
-11%
|
157
-44%
|
75
-52%
|
17
-77%
|
(27)
N/A
|
(33)
-24%
|
(45)
-36%
|
(93)
-109%
|
(50)
+46%
|
(13)
+74%
|
18
N/A
|
89
+385%
|
80
-10%
|
75
-7%
|
87
+17%
|
72
-18%
|
68
-5%
|
61
-10%
|
72
+18%
|
82
+15%
|
62
-25%
|
63
+2%
|
(116)
N/A
|
(137)
-18%
|
(111)
+19%
|
(78)
+30%
|
112
N/A
|
141
+26%
|
133
-6%
|
120
-10%
|
82
-32%
|
56
-32%
|
46
-17%
|
23
-51%
|
53
+132%
|
73
+37%
|
87
+19%
|
119
+37%
|
114
-4%
|
111
-2%
|
108
-3%
|
99
-9%
|
104
+5%
|
99
-4%
|
100
+1%
|
|
| EPS (Diluted) |
2.13
N/A
|
2.74
+29%
|
3.89
+42%
|
4.3
+11%
|
5.69
+32%
|
6.56
+15%
|
8.39
+28%
|
9.22
+10%
|
10.92
+18%
|
12.13
+11%
|
8.9
-27%
|
5.82
-35%
|
-0.9
N/A
|
-3.18
-253%
|
-7.47
-135%
|
-16.96
-127%
|
-13.16
+22%
|
-12.64
+4%
|
-4.94
+61%
|
5.46
N/A
|
4.96
-9%
|
1.5
-70%
|
0.82
-45%
|
0.89
+9%
|
2.76
+210%
|
3.77
+37%
|
-1.08
N/A
|
-1.29
-19%
|
-1.32
-2%
|
-1.44
-9%
|
3.31
N/A
|
2.3
-31%
|
1.44
-37%
|
1.77
+23%
|
1.66
-6%
|
3.34
+101%
|
3.42
+2%
|
3.77
+10%
|
3.53
-6%
|
1.98
-44%
|
0.89
-55%
|
0.2
-78%
|
-0.33
N/A
|
-0.42
-27%
|
-0.57
-36%
|
-1.22
-114%
|
-0.67
+45%
|
-0.17
+75%
|
0.25
N/A
|
1.2
+380%
|
1.08
-10%
|
1.01
-6%
|
1.19
+18%
|
0.98
-18%
|
0.94
-4%
|
0.86
-9%
|
1.02
+19%
|
1.2
+18%
|
0.91
-24%
|
0.94
+3%
|
-1.73
N/A
|
-2.09
-21%
|
-1.69
+19%
|
-1.18
+30%
|
1.71
N/A
|
2.16
+26%
|
2.04
-6%
|
1.87
-8%
|
1.28
-32%
|
0.87
-32%
|
0.73
-16%
|
0.36
-51%
|
0.82
+128%
|
1.12
+37%
|
1.33
+19%
|
1.82
+37%
|
1.75
-4%
|
1.71
-2%
|
1.23
-28%
|
1.27
+3%
|
1.1
-13%
|
1.08
-2%
|
1.07
-1%
|
|