Nuveen Churchill Direct Lending (NCDL) Revenue & Revenue Breakdown


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Nuveen Churchill Direct Lending Revenue Highlights


Latest Revenue (Y)

$207.86M

Latest Revenue (Q)

$46.26M

Nuveen Churchill Direct Lending Revenue by Period


Nuveen Churchill Direct Lending Revenue by Year

DateRevenueChange
2025-12-31$207.86M11.75%
2024-12-31$186.00M29.16%
2023-12-31$144.01M207.61%
2022-12-31$46.81M19.26%
2021-12-31$39.25M350.63%
2020-12-31$8.71M-45.17%
2019-12-31$15.89M246.63%
2018-12-31$4.58M-

Nuveen Churchill Direct Lending generated $207.86M in revenue during NA 2025, up 11.75% compared to the previous quarter, and up 2386.16% compared to the same period a year ago.

Nuveen Churchill Direct Lending Revenue by Quarter

DateRevenueChange
2026-03-31$46.26M-11.21%
2025-12-31$52.10M30.37%
2025-09-30$39.96M4.63%
2025-06-30$38.19M-28.72%
2025-03-31$53.59M10.92%
2024-12-31$48.31M-13.81%
2024-09-30$56.05M50.10%
2024-06-30$37.34M-15.72%
2024-03-31$44.30M-9.43%
2023-12-31$48.92M30.48%
2023-09-30$37.49M22.51%
2023-06-30$30.60M13.35%
2023-03-31$27.00M34.38%
2022-12-31$20.09M41.74%
2022-09-30$14.18M-14.18%
2022-06-30$16.52M16.52%
2022-03-31$14.18M8.82%
2021-12-31$13.03M26.65%
2021-09-30$10.29M37.08%
2021-06-30$7.50M19.19%
2021-03-31$6.29M26.71%
2020-12-31$4.97M60.26%
2020-09-30$3.10M13.80%
2020-06-30$2.72M-6.71%
2020-03-31$2.92M-

Nuveen Churchill Direct Lending generated $46.26M in revenue during Q1 2026, up -11.21% compared to the previous quarter, and up 95.75% compared to the same period a year ago.

Nuveen Churchill Direct Lending Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
VINPVinci Compass Investments$564.78M$113.49M
MBWMMercantile Bank$371.80M$65.48M
BCSFBain Capital Specialty Finance$223.19M$50.13M
SLRCSLR Investment$218.54M$49.29M
NCDLNuveen Churchill Direct Lending$207.86M$46.26M
MSIFMSC Income Fund$129.65M$33.85M
FDUSFidus Investment$126.37M$34.29M
ECCEagle Point Credit$122.69M$41.94M
GAINGladstone Investment$89.74M$22.84M
TYGTortoise Energy Infrastructure$-12.24M$36.20M

NCDL Revenue FAQ


What is Nuveen Churchill Direct Lending’s yearly revenue?

Nuveen Churchill Direct Lending's yearly revenue for 2025 was $207.86M, representing an increase of 11.75% compared to 2024. The company's yearly revenue for 2024 was $186M, representing an increase of 29.16% compared to 2023. NCDL's yearly revenue for 2023 was $144.01M, representing an increase of 207.61% compared to 2022.

What is Nuveen Churchill Direct Lending’s quarterly revenue?

Nuveen Churchill Direct Lending's quarterly revenue for Q1 2026 was $46.26M, a -11.21% decrease from the previous quarter (Q4 2025), and a -13.68% decrease year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $52.1M, a 30.37% increase from the previous quarter (Q3 2025), and a 7.85% increase year-over-year (Q4 2024). NCDL's quarterly revenue for Q3 2025 was $39.96M, a 4.63% increase from the previous quarter (Q2 2025), and a -28.70% decrease year-over-year (Q3 2024).

What is Nuveen Churchill Direct Lending’s revenue growth rate?

Nuveen Churchill Direct Lending's revenue growth rate for the last 3 years (2023-2025) was 44.34%, and for the last 5 years (2021-2025) was 429.52%.