SPMC (Sound Point Meridian Capital) Net Income (Continuing Operations): $-126.23 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SPMC Sound Point Meridian Capital Inc SPMC
11 GF Score
Price $9.83
View Full Analysis

What is Sound Point Meridian Capital Net Income (Continuing Operations)?

Sound Point Meridian Capital SPMC -8.73% 11 Net Income (Continuing Operations) is $-126.23 Mil as of Mar. 2026. GuruFocus rates SPMC with a GF Score™ of 11/100.

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Sound Point Meridian Capital's Net Income (Continuing Operations) for the six months ended in Mar. 2026 was $-118.66 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Mar. 2026 was $-126.23 Mil.

Sound Point Meridian Capital  (NYSE:SPMC) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Sound Point Meridian Capital Net Income (Continuing Operations) Related Terms

Sound Point Meridian Capital Net Income (Continuing Operations) Historical Data

* Premium members only.

The historical data trend for Sound Point Meridian Capital's Net Income (Continuing Operations) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sound Point Meridian Capital Net Income (Continuing Operations) Chart

Sound Point Meridian Capital Annual Data
Trend Dec23 Mar26
Net Income (Continuing Operations)
63.60 -126.23

Sound Point Meridian Capital Semi-Annual Data
Dec23 Sep25 Mar26
Net Income (Continuing Operations) 0.00 -7.56 -118.66
SPMC
11GF Score
Sound Point Meridian Capital Inc SPMC
Net Income (Continuing Operations) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sound Point Meridian Capital Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-126.23 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Income (Continuing Operations) of $-126.23 Mil mean?
Sound Point Meridian Capital (SPMC) has a Net Income (Continuing Operations) of $-126.23 Mil as of Mar. 2026. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Sound Point Meridian Capital and its competitors.
Is Sound Point Meridian Capital's Net Income (Continuing Operations) too high?
Sound Point Meridian Capital's current Net Income (Continuing Operations) is $-126.23 Mil. Overall, Sound Point Meridian Capital has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Sound Point Meridian Capital's Net Income (Continuing Operations) compare to IIF and TSI?
Sound Point Meridian Capital's Net Income (Continuing Operations) of $-126.23 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income (Continuing Operations) for an Asset Management company?
A good Net Income (Continuing Operations) depends on the Asset Management industry context. However, Net Income (Continuing Operations) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income (Continuing Operations) mean?
A high Net Income (Continuing Operations) can signal that a stock is expensive relative to its fundamentals. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Sound Point Meridian Capital and its competitors. Sound Point Meridian Capital's current Net Income (Continuing Operations) is $-126.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sound Point Meridian Capital stock overvalued right now?
Sound Point Meridian Capital (SPMC) has a current Net Income (Continuing Operations) of $-126.23 Mil. The current Net Income (Continuing Operations) is $-126.23 Mil. Sound Point Meridian Capital's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income (Continuing Operations) calculated?
Net Income (Continuing Operations) is calculated from a company's financial statements. For Sound Point Meridian Capital (SPMC), the current Net Income (Continuing Operations) is $-126.23 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sound Point Meridian Capital Business Description

Address 375 Park Avenue, 34th Floor, New York, NY, USA, 10152
Sound Point Meridian Capital Inc is a closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
11GF Score

Get the complete analysis for SPMC

Net Income (Continuing Operations) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.83
Price