Runway Growth Finance Corp.
Business
Runway Growth Finance Corp. is an externally managed, non-diversified closed-end management investment company structured as a business development company that provides senior secured loans to high-growth-potential companies in technology, healthcare, business services, financial services, and select consumer services. The company focuses on sponsored growth lending to venture-backed companies and non-sponsored growth lending to mature private companies, supplemented by warrant and equity investments. It operates through its external manager Runway Growth Capital and maintains offices in Chicago, Menlo Park, and New York.
Summary from 10-K filed 2026-03-12
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Other income | 582,000 | 531,000 | 488,000 | 2,000 | 1,000 | |
| Total investment income | 137 | 145 | 164 | 108 | 71 | |
| Management fees | 16 | 16 | 17 | 12 | 9 | |
| Incentive fees | 14 | 15 | 19 | 13 | 9 | |
| Interest and other debt financing expenses | 43 | 44 | 43 | 17 | — | |
| Professional fees | 2 | 2 | 2 | 2 | 2 | |
| Administration agreement expenses | 3 | 2 | 2 | 2 | 2 | |
| Insurance expense | 646,000 | 829,000 | 1 | 1 | 339,000 | |
| Tax expense | 880,000 | 392,000 | 664,000 | — | — | |
| Other expenses | 1 | 976,000 | 867,000 | 851,000 | 683,000 | |
| Total operating expenses | 80 | 81 | 86 | 48 | 27 | |
| Net investment income | 57 | 64 | 78 | 60 | 44 | |
| Net realized gain (loss) on investments | 3 | −3 | −18 | — | — | |
| Net realized gain (loss) on forward contracts and foreign currency transactions | −26,000 | 0 | 0 | — | — | |
| Net realized gain (loss) | 3 | −3 | −18 | — | — | |
| Net change in unrealized gain (loss) on investments | −25 | 13 | −16 | — | — | |
| Net change in unrealized gain (loss) on forward contracts and foreign currency transactions | −711,000 | 0 | 0 | — | — | |
| Net change in unrealized gain (loss) | −26 | 13 | −16 | — | — | |
| Net realized and unrealized gain (loss) | −23 | 10 | −34 | — | — | |
| Net increase (decrease) in net assets resulting from operations | 34 | 74 | 44 | 32 | 46 | |
| Net investment income per common share (basic and diluted) | 1.55 | 1.64 | 1.93 | 1.46 | 1.3 | |
| Net increase (decrease) in net assets resulting from operations per common share, Basic | 0.93 | 1.89 | 1.09 | 0.79 | 1.33 | |
| Net increase (decrease) in net assets resulting from operations per common share, Diluted | 0.93 | 1.89 | 1.09 | 0.79 | 1.33 | |
| Weighted average shares outstanding, Basic | 37 | 39 | 41 | 41 | 34 | |
| Weighted average shares outstanding, Diluted | 37 | 39 | 41 | 41 | 34 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-02-28 | FY 2025 2025-12-31 | FY 2025 2025-09-30 | FY 2025 2025-06-30 | FY 2025 2025-03-31 |
|---|---|---|---|---|---|---|
| Total investments at fair value | — | 927 | — | — | — | |
| Cash and cash equivalents | — | 18 | — | — | — | |
| Interest and fees receivable | — | 8 | — | — | — | |
| Deferred financing costs | — | 4 | — | — | — | |
| Other assets | — | 3 | — | — | — | |
| Total assets | — | 960 | — | — | — | |
| Credit facility | — | 173 | — | — | — | |
| Deferred financing costs | — | −2 | — | — | — | |
| Total debt, less deferred financing costs | — | 435 | — | — | — | |
| Incentive fees payable | — | 14 | — | — | — | |
| Interest payable | — | 7 | — | — | — | |
| Foreign currency forward contracts | — | 711,000 | — | — | — | |
| Secured borrowings | — | 15 | — | — | — | |
| Accrued expenses and other liabilities | — | 3 | — | — | — | |
| Total liabilities | — | 475 | — | — | — | |
| Commitments, Contingencies, and Off-Balance Sheet Arrangements (Note 8) | — | — | — | — | — | |
| Common stock, par value | — | 361,000 | — | — | — | |
| Additional paid-in capital | — | 535 | — | — | — | |
| Accumulated undistributed (overdistributed) earnings | — | −50 | — | — | — | |
| Total net assets | — | 485 | — | — | — | |
| Shares of common stock outstanding ($0.01 par value, 100,000,000 shares authorized) | — | 36 | — | — | — | |
| Net asset value per share | 13.42 | 13.42 | 13.55 | 13.66 | 13.48 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Payment-in-kind interest | −16 | −12 | −20 | −9 | −3 | |
| Sales or repayments of investments | 299 | 231 | 296 | 169 | 304 | |
| Payments for derivative contracts | −1 | — | — | — | — | |
| Proceeds from derivative contracts | 1 | — | — | — | — | |
| Net realized (gain) loss on investments | −3 | 3 | 18 | — | — | |
| Net change in unrealized (gain) loss on investments | 25 | −13 | 16 | — | — | |
| Amortization of fixed income premiums or accretion of discounts and end-of-term payments | −5 | −7 | −9 | −7 | — | |
| Amortization of deferred financing costs | 3 | 3 | 3 | 1 | 472,000 | |
| (Increase) decrease in interest and fees receivable | 547,000 | 128,000 | 497,000 | −6 | −301,000 | |
| (Increase) decrease in other assets | −2 | 282,000 | 25,000 | 227,000 | −599,000 | |
| Increase (decrease) in incentive fees payable | 338,000 | 2 | 4 | 3 | 1 | |
| Increase (decrease) in interest payable | −987,000 | 979,000 | 543,000 | 6 | −219,000 | |
| Increase (decrease) in accrued expenses and other liabilities | 1 | −435,000 | 1 | 92,000 | 486,000 | |
| Net cash provided by (used in) operating activities | 186 | 70 | 112 | −360 | −61 | |
| Payments of deferred financing costs | −4 | −166,000 | −2 | −10 | −400,000 | |
| Borrowings under credit facility | 206 | 211 | 210 | 484 | 161 | |
| Repayments under credit facility | −344 | −172 | −275 | −208 | −199 | |
| Proceeds from secured borrowings | 15 | — | — | — | — | |
| Acquisition/ Repurchase of stock | −13 | −36 | — | −11 | — | |
| Retirement of shares | — | −1,000 | — | — | — | |
| Dividends paid to stockholders | −51 | −70 | −73 | −52 | −18 | |
| Net cash (used in) provided by financing activities | −174 | −67 | −115 | 361 | 51 | |
| Effect of foreign currency exchange rates | 6,000 | — | — | — | — | |
| Net increase (decrease) in cash and cash equivalents | 12 | 3 | −3 | 1 | −10 | |
| Taxes paid | 390,000 | 616,000 | 340,000 | 1,000 | — | |
| Interest paid | 38 | 37 | 38 | 8 | 3 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Runway Growth Finance Corp.'s CIK number?
Runway Growth Finance Corp.'s SEC CIK number is 0001653384 (1653384). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Runway Growth Finance Corp.'s SEC filings?
All of Runway Growth Finance Corp.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Runway Growth Finance Corp. last report earnings?
Runway Growth Finance Corp. (RWAY) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-211890). This is Runway Growth Finance Corp.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Runway Growth Finance Corp.'s most recent earnings 8-K?
Runway Growth Finance Corp.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001193125-26-211890. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Runway Growth Finance Corp.'s latest earnings 8-K →
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