Vehicle file · Non-traded BDC

GOLUB CAPITAL DIRECT LENDING CORP

What its SEC filings show.

SEC CIK 1868878·Inc. MD·Fiscal year end 09/30·Data as filed · pulled Sep 21, 2026

What this file is.Not a review. Every figure below is the issuer's own number as tagged in its filings to the SEC, unadjusted, with a link to the filing it came from. When a new filing lands, the table updates; when a filing changes something for the people who hold this vehicle, we write it up and link it under Our reads.

GOLUB CAPITAL DIRECT LENDING CORP is a non-traded BDC registered with the SEC under CIK 1868878 (incorporated in MD). Its most recent filing is a 40-17G dated Sep 10, 2026. As of Jun 30, 2026 it reported total assets of $874.7M (up 1.3% from $863.8M a year earlier) and stockholders' equity of $546.3M. Net income (loss) for the nine months to Jun 30, 2026 was $18.7M. In the nine months to Jun 30, 2026 it raised $0 from new shares, paid $21.9M in distributions. Reported NAV per share: $15.00 as of Jun 30, 2026.

Key figures, as filed.

Balance sheet

Figure	Latest	Period	A year earlier	Change	Source
Total assets	$874.7M	as of Jun 30, 2026	$863.8M	+1.3%	10-Q · Aug 13, 2026
Investments at fair value	$846.7M	as of Jun 30, 2026	$825.7M	+2.5%	10-Q · Aug 13, 2026
Cash and equivalents	$5.2M	as of Sep 30, 2025	$10.1M	−48.5%	10-K · Dec 4, 2025
Total liabilities	$328.5M	as of Jun 30, 2026	$317.6M	+3.4%	10-Q · Aug 13, 2026
Long-term debt	$315.4M	as of Jun 30, 2026	$301.2M	+4.7%	10-Q · Aug 13, 2026
Debt (carrying amount)	$316.9M	as of Jun 30, 2026	$303.6M	+4.4%	10-Q · Aug 13, 2026
Stockholders' equity	$546.3M	as of Jun 30, 2026	$546.2M	+0.0%	10-Q · Aug 13, 2026
NAV per share	$15.00	as of Jun 30, 2026	$15.00	+0.0%	10-Q · Aug 13, 2026
Shares outstanding	36.4M shares	as of Jun 30, 2026	36.4M shares	+0.0%	10-Q · Aug 13, 2026
Shares outstanding (cover page)	36.4M shares	as of Aug 13, 2026	36.4M shares	+0.0%	10-Q · Aug 13, 2026

Results and cash flow

Figure	Latest	Period	A year earlier	Change	Source
Net income (loss)	$18.7M	nine months to Jun 30, 2026	$34.0M	−45.1%	10-Q · Aug 13, 2026
Cash from operations	$19.5M	nine months to Jun 30, 2026	−$95.3M	+120.5%	10-Q · Aug 13, 2026
Interest expense	$15.1M	nine months to Jun 30, 2026	$15.7M	−3.9%	10-Q · Aug 13, 2026
Management fees	$6.4M	nine months to Jun 30, 2026	$5.8M	+11.4%	10-Q · Aug 13, 2026

Capital raised, distributions and repurchases

Figure	Latest	Period	A year earlier	Change	Source
Capital raised (common stock issued)	$0	nine months to Jun 30, 2026	$84.6M	−100.0%	10-Q · Aug 13, 2026
Distributions paid to common	$21.9M	nine months to Jun 30, 2026	$33.5M	−34.7%	10-Q · Aug 13, 2026

Flows (revenues, income, cash, distributions, repurchases) are shown for the period the issuer reported them in, which may be a quarter, a year-to-date span or a full year; “a year earlier” compares only periods of the same length. A vehicle that does not tag a figure in XBRL will not show it here even if the PDF discloses it.

If you have real money in this, do not decide it alone.

We can tell you what the filings say. What we cannot tell you is what it means for your particular position, your tax situation and the rest of your portfolio, and anyone who does that from a web page without knowing your circumstances is guessing. With money in a non-traded BDC whose repurchases are capped each quarter, that is the part that actually matters.

Get matched with a fiduciary adviser

Answer a few questions

A short questionnaire about your assets and goals, then introductions to advisers who are held to a fiduciary standard, meaning they are required to put your interests first. Free to you. No money moves and nothing is bought.

What we don't like: you are handing over your contact details and advisers will get in touch, so expect calls. We have not vetted any individual adviser and we are not endorsing one. Treat the introduction as a starting point, not a recommendation.

We are paid a referral fee if you complete the questionnaire, at no cost to you. We are not paid by, and take nothing from, any platform reviewed on this site.

Filing timeline.

The last 25 documents this issuer filed with the SEC. Marked rows are the ones that tend to matter to holders.

Sep 10, 202640-17G · FilingEDGAR ↗
Aug 13, 20268-K · Current reportItems 2.02,9.01EDGAR ↗
Aug 13, 202610-Q · Quarterly reportEDGAR ↗
May 14, 20268-K · Current reportItems 2.02,9.01EDGAR ↗
May 14, 202610-Q · Quarterly reportEDGAR ↗
Feb 10, 202610-Q · Quarterly reportEDGAR ↗
Feb 10, 20268-K · Current reportItems 2.02,9.01EDGAR ↗
Feb 6, 20263 · Insider holdingsEDGAR ↗
Feb 6, 20268-K · Current reportItems 5.02EDGAR ↗
Feb 5, 20268-K · Current reportItems 5.07EDGAR ↗
Jan 2, 2026D/A · FilingItems 06bEDGAR ↗
Dec 12, 2025DEFA14A · Proxy materialEDGAR ↗
Dec 12, 2025DEF 14A · Proxy statementEDGAR ↗
Dec 4, 202510-K · Annual reportEDGAR ↗
Dec 4, 20258-K · Current reportItems 2.02,9.01EDGAR ↗
Dec 3, 20258-K · Current reportItems 1.01,2.03,9.01EDGAR ↗
Nov 14, 2025SCHEDULE 13G/A · FilingEDGAR ↗
Oct 15, 2025D/A · FilingItems 06bEDGAR ↗
Aug 29, 20258-K · Current reportItems 7.01EDGAR ↗
Aug 29, 202540-17G · FilingEDGAR ↗
Aug 14, 20258-K · Current reportItems 2.02,9.01EDGAR ↗
Aug 14, 202510-Q · Quarterly reportEDGAR ↗
Jun 16, 20258-K · Current reportItems 3.02EDGAR ↗
May 22, 2025D/A · FilingItems 06bEDGAR ↗
May 13, 20258-K · Current reportItems 2.02,9.01EDGAR ↗

Our reads on GOLUB CAPITAL DIRECT LENDING CORP.

No forensic read of this vehicle yet. When a filing changes something for holders — a tender offer, a repurchase cap, a NAV reset, a distribution cut — the read goes here.

Source: SEC EDGAR, XBRL company facts and filing index for CIK 1868878, retrieved Sep 21, 2026. Figures are reproduced as tagged by the issuer; errors in the source carry through, which is why every row links to the filing. Nothing here is investment advice.

More files.

All vehicle files →

The weekly read

GOLUB CAPITAL DIRECT LENDING CORP

Key figures, as filed.

Filing timeline.

Our reads on GOLUB CAPITAL DIRECT LENDING CORP.

More files.

Andalusian Credit Company, LLC

Apollo Asset Backed Credit Co LLC

Audax Credit BDC Inc.

Audax Private Credit Fund, LLC

Barings Private Credit Corp

BC Partners Lending Corp

One platform, dissected, every Tuesday.