Lafayette Square USA, Inc. reported a 24% increase in total assets for the fiscal quarter ended September 30, 2026, according to an investor presentation filed with the SEC on November 9, 2026. The company’s total assets stood at $1.17 billion, up from $944 million in the prior year. This growth was driven by an increase in investments at fair value to $1.02 billion, up from $789 million in the prior year.
The company’s portfolio currently consists of 64 companies, compared to 47 in the prior year. The weighted average yield at amortized cost was reported at 10.6%, while the net interest margin was 4.7%. The asset coverage ratio was 207.4%.
On the balance sheet, total liabilities increased to $693 million from $592 million in the prior year. Net assets were reported at $475 million, with a decrease in the NAV per share to $13.81 from $14.81 in the prior year.
For the three months ended September 30, 2026, the company reported a net investment income of $9.4 million. However, the company reported a net loss of $13.7 million for the quarter, primarily due to unrealized losses on investments of $9.8 million. The company declared a dividend of $0.28 per share for the quarter.
