v3.25.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Investment Income      
Total interest income (excluding PIK interest income) $ 580,856 $ 629,284 $ 628,264
Total PIK Interest Income 90,253 141,028 132,521
Total interest income (Note 2) 671,109 770,312 760,785
Dividend Income 19,378 11,953 8,405
Total other income (Note 10) 28,949 79,397 83,023
Total Investment Income 719,436 861,662 852,213
Operating Expenses      
Base management fee (Note 13) 145,756 157,001 155,084
Income incentive fee (Note 13) 40,772 80,548 87,435
Interest and credit facility expenses 148,275 160,246 148,204
Allocation of overhead from Prospect Administration (Note 13) 22,257 25,781 20,578
Audit, compliance and tax related fees 4,137 3,717 4,874
Directors’ fees 600 570 525
Other general and administrative expenses 18,799 13,963 14,584
Total Operating Expenses 380,596 441,826 431,284
Net Investment Income 338,840 419,836 420,929
Net Investment Income 338,840 419,836 420,929
Net Realized and Net Change in Unrealized Gains (Losses) from Investments      
Net realized gains (losses) (518,682) (417,443) (41,046)
Net change in unrealized gains (losses) (291,054) 260,689 (481,344)
Net Realized and Net Change in Unrealized Gains (Losses) from Investments (809,736) (156,754) (522,390)
Net realized gains (losses) on extinguishment of debt 972 (248) (180)
Net Increase (Decrease) in Net Assets Resulting from Operations (469,924) 262,834 (101,641)
Preferred Stock dividends (106,822) (98,089) (71,153)
Net gain (loss) on redemptions of Preferred Stock (1,937) (5,173) 321
Gain (loss) on Accretion to Redemption Value of Preferred Stock (15,079) (12,156) 0
Net Increase (Decrease) in Net Assets Resulting from Operations applicable to Common Stockholders $ (593,762) $ 147,416 $ (172,473)
Basic and diluted earnings (loss) per common share (Note 11)      
Basic (in dollars per share) $ (1.35) $ 0.36 $ (0.43)
Diluted (in dollars per share) $ (1.35) $ 0.34 $ (0.43)
Weighted-average shares of common stock outstanding (Note 11)      
Basic (in shares) 440,314,909 412,703,365 398,514,965
Diluted (in shares) 440,314,909 625,276,736 398,514,965
Structured credit securities      
Investment Income      
Total interest income (excluding PIK interest income) $ 14,017 $ 35,722 $ 94,232
Control investments      
Investment Income      
Total interest income (excluding PIK interest income) 226,077 183,343 156,177
Total PIK Interest Income 55,230 97,194 100,797
Total interest income (Note 2) 281,307 280,537  
Dividend Income 8,774 737 3,207
Total other income (Note 10) 18,957 68,735 65,224
Net Realized and Net Change in Unrealized Gains (Losses) from Investments      
Net realized gains (losses) 6,378 1,039 (2,512)
Net change in unrealized gains (losses) (300,131) 8,959 (122,210)
Affiliate investments      
Investment Income      
Total interest income (excluding PIK interest income) 0 0 9,278
Total PIK Interest Income 0 0 5,756
Total interest income (Note 2) 0 0  
Dividend Income 681 2,291 1,374
Total other income (Note 10) 0 0 133
Net Realized and Net Change in Unrealized Gains (Losses) from Investments      
Net realized gains (losses) 0 0 16,143
Net change in unrealized gains (losses) 8,847 4,933 (86,440)
Non-control/non-affiliate investments      
Investment Income      
Total interest income (excluding PIK interest income) 340,762 410,219 368,577
Total PIK Interest Income 35,023 43,834 25,968
Dividend Income 9,923 8,925 3,824
Total other income (Note 10) 9,992 10,662 17,666
Net Realized and Net Change in Unrealized Gains (Losses) from Investments      
Net realized gains (losses) (525,060) (418,482) (54,677)
Net change in unrealized gains (losses) $ 230 $ 246,797 $ (272,694)