WhiteHorse Finance Reports 2026 Q2 Earnings with $0.25 Distribution Per Share

WhiteHorse Finance Reports Strong Quarterly Results and Share Distribution

NEW YORK, August 10, 2026 - WhiteHorse Finance, Inc. (Nasdaq: WHF) has announced its financial performance for the second quarter ending June 30, 2026, highlighting a distribution of $0.25 per share for its stakeholders. This distribution is set for payment on October 5, 2026, to all recorded stockholders as of September 21, 2026.

Company Performance Overview

Stuart Aronson, CEO of WhiteHorse Finance, stated, "This quarter marked a positive shift for us. We continued to manage credit situations effectively, exercised caution in new investments, and even repurchased shares at favorable prices. The results indicate a return to growth in our net asset value (NAV), primarily due to positive adjustments in our portfolio and share repurchase strategies." The positive outcomes stemmed from maintaining control over operational costs, as the total investment income for this quarter was reported at $14,369,000, a decrease of 9.4% compared to the previous quarter’s $15,862,000.

On the expenditure side, the total expenses fell by 5.6% to $9,688,000, leading to net investment income of $4,681,000 for the quarter, which translates to approximately $0.217 per share—down from $0.253 in the prior quarter. However, it is essential to note that the distribution pledged for this quarter remains unchanged at $0.25 per share, consistent with the previous quarter.

Portfolio and Investment Activity

As of June 30, 2026, WhiteHorse’s investment portfolio reached a total fair value of $569.2 million, increasing from $543.0 million as of March 31, 2026, revealing a healthy growth rate of 4.8%. The portfolio is diversified across 131 positions, yielding an average effective return of 10.8% on income-generating debt investments. Notably, 72.7% of these investments are in first lien secured loans, with the remainder comprising various other loan types and investments. The management of floating-rate investments ensures a safety net against fluctuating economic conditions.

During Q2, the company invested $23.1 million across three new portfolio ventures and contributed an additional $2.3 million to existing companies. On top of these investments, the firm facilitated $1.8 million in additional fundings for revolving credit lines and managed to realize approximately $2.2 million through sales and repayments, endorsing their strategy of conservative growth.

Strategic Developments

Addressing previous costs, WhiteHorse Advisers has also willingly lowered its incentive fee on net investment income from 20% to 17.5% for the upcoming fiscal quarter ending September 30, 2026.

The firm’s ongoing strategies focus on preserving liquidity, ensuring manageable risks, and making calculated investments while prioritizing shareholder value. The strategic direction remains clear—to boost the company’s portfolio performance gradually while maintaining a solid foundation of returns for investors.

Future Outlook and Events

Following the earnings announcement, WhiteHorse Finance will conduct a conference call on August 11, 2026, to dissect these results further. Interested stakeholders can join by calling in approximately 10 minutes before the start. This gathering will provide a platform for deeper insights into the company’s future outlook and investment strategies.

WhiteHorse Finance's recent actions reflect not only a commitment to operational discipline during uncertain times but also a handling of investments that positions it favorably against prevailing market trends. The company is keen on leveraging its experience and market acumen to navigate the financial landscape effectively. As always, participant questions are welcomed, encouraging active engagement with the company’s executive team.

For updated financial summaries and additional information about WhiteHorse Finance, visit their corporate website or reach out to their investor relations team for specific inquiries about investment activities and shareholder interactions.