SHARPE
Reported results
- Total investment income for Q3 2026 was $140.1 million, an increase of 1.5% year-over-year.
- Net investment income for Q3 2026 was $87.3 million, or $0.47 per basic share.
- Core Yield, a non-GAAP measure, was 11.9% for Q3 2026 compared to a GAAP Effective Yield of 12.3%.
- Net Asset Value (NAV) per share was $12.26 as of September 30, 2026.
- Net GAAP leverage, a non-GAAP measure, was 109.0% compared to GAAP leverage of 111.1% as of September 30, 2026.
- Net regulatory leverage, a non-GAAP measure, was 94.0% compared to regulatory leverage of 96.1% as of September 30, 2026.
Notes
The former foreign cash category was consolidated into ‘Cash and cash equivalents’, and prior year amounts were reclassified to conform to the current presentation.
Price and volatility reaction
The stock moved -1.8% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -0.9 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 16.9 | 2026-10-29 |
| Close after release | 16.59 | 2026-10-30 |
| Realised move | -1.8% | close to close |
| 30d ATM IV change | -0.9 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.