v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
Investment Income      
Total interest income (excluding PIK interest income) $ 515,840 $ 580,856 $ 629,284
Total PIK Interest Income 66,092 90,253 141,028
Total interest income (Note 2) 581,932 671,109 770,312
Total dividend income 46,967 19,378 11,953
Total other income (Note 10) 10,555 28,949 79,397
Total Investment Income 639,454 719,436 861,662
Operating Expenses      
Base management fee (Note 13) 130,934 145,756 157,001
Income incentive fee (Note 13) 26,508 40,772 80,548
Interest and credit facility expenses 129,885 148,275 160,246
Allocation of overhead from Prospect Administration (Note 13) 22,095 22,257 25,781
Audit, compliance and tax related fees 1,701 4,137 3,717
Directors’ fees 600 600 570
Other general and administrative expenses 18,469 18,799 13,963
Total Operating Expenses 330,192 380,596 441,826
Reimbursement of Administration Expenses (Note 13) (17,125) 0 0
Total Net Operating Expenses 313,067 380,596 441,826
Net Investment Income 326,387 338,840 419,836
Net Investment Income 326,387 338,840 419,836
Net Realized and Net Change in Unrealized Gains (Losses) from Investments      
Net realized gains (losses) (223,719) (518,682) (417,443)
Net change in unrealized gains (losses) 47,174 (291,054) 260,689
Net Realized and Net Change in Unrealized Gains (Losses) from Investments (176,545) (809,736) (156,754)
Net realized gains (losses) on extinguishment of debt 4,219 972 (248)
Net realized gains (losses) from derivative instruments and foreign currency transactions (1,042) 0 0
Net change in unrealized gains (losses) from derivative instruments and foreign currency transactions 643 0 0
Net Increase (Decrease) in Net Assets Resulting from Operations 153,662 (469,924) 262,834
Preferred Stock dividends (106,645) (106,822) (98,089)
Net gain (loss) on redemptions of Preferred Stock (9,592) (1,937) (5,173)
Gain (loss) on Accretion to Redemption Value of Preferred Stock (7,597) (15,079) (12,156)
Net Increase (Decrease) in Net Assets Resulting from Operations applicable to Common Stockholders $ 29,828 $ (593,762) $ 147,416
Basic and diluted earnings (loss) per common share (Note 11)      
Basic (in dollars per share) $ 0.06 $ (1.35) $ 0.36
Diluted (in dollars per share) $ 0.06 $ (1.35) $ 0.34
Weighted-average shares of common stock outstanding (Note 11)      
Basic (in shares) 479,866,265 440,314,909 412,703,365
Diluted (in shares) 479,866,265 440,314,909 625,276,736
Structured credit securities      
Investment Income      
Total interest income (excluding PIK interest income) $ 0 $ 14,017 $ 35,722
Control investments      
Investment Income      
Total interest income (excluding PIK interest income) 230,683 226,077 183,343
Total PIK Interest Income 50,226 55,230 97,194
Total interest income (Note 2) 280,909 281,307  
Total dividend income 32,503 8,774 737
Total other income (Note 10) 1,659 18,957 68,735
Net Realized and Net Change in Unrealized Gains (Losses) from Investments      
Net realized gains (losses) (116,426) 6,378 1,039
Net change in unrealized gains (losses) (3,466) (300,131) 8,959
Affiliate investments      
Investment Income      
Total interest income (Note 2) 0    
Total dividend income 1,612 681 2,291
Total other income (Note 10) 0    
Net Realized and Net Change in Unrealized Gains (Losses) from Investments      
Net realized gains (losses) 0    
Net change in unrealized gains (losses) 2,291 8,847 4,933
Non-control/non-affiliate investments      
Investment Income      
Total interest income (excluding PIK interest income) 285,157 340,762 410,219
Total PIK Interest Income 15,866 35,023 43,834
Total dividend income 12,852 9,923 8,925
Total other income (Note 10) 8,896 9,992 10,662
Net Realized and Net Change in Unrealized Gains (Losses) from Investments      
Net realized gains (losses) (107,293) (525,060) (418,482)
Net change in unrealized gains (losses) $ 48,349 $ 230 $ 246,797