Blackstone Secured Lending Fund (BXSL) Accumulated Expenses (2021 - 2026)

Blackstone Secured Lending Fund (BXSL) reported Accumulated Expenses of $7.9 million for Q1 2026, down 1.35% on a YoY basis from $8.0 million in Q1 2025, and down 61.99% quarter-over-quarter from $20.8 million in Q4 2025.

Blackstone Secured Lending Fund (BXSL) Accumulated Expenses (2021 - 2026) Analysis & Trends

Blackstone Secured Lending Fund has reported Accumulated Expenses for 6 years, with the latest figure at $7.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Accumulated Expenses fell 1.35% year-over-year to $7.9 million; the trailing twelve-month figure through Mar 2026 stood at $7.9 million (down 1.35% YoY), and the FY2025 full-year result was $20.8 million, down 61.5% from the prior year.
  • Accumulated Expenses for Q1 2026 stood at $7.9 million, down from $20.8 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $65.2 million in Q2 2025, with the low at $3.5 million in Q2 2023.
  • Historically, Accumulated Expenses has averaged $25.9 million across 5 years, with a median of $20.8 million in 2025.
  • The largest YoY upside for Accumulated Expenses was 721.56% in 2025 against a maximum downside of 73.42% in 2025.
  • Blackstone Secured Lending Fund's Accumulated Expenses stood at $45.3 million in 2022, then slumped by 71.7% to $12.8 million in 2023, then surged by 320.99% to $54.0 million in 2024, then sank by 61.5% to $20.8 million in 2025, then slumped by 61.99% to $7.9 million in 2026.
  • The last three Accumulated Expenses figures came in at $7.9 million (Q1 2026), $20.8 million (Q4 2025), and $58.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn -
2 Blackstone 96.85 Bn 95.80 Bn -
3 Kkr 86.45 Bn 133.96 Bn -
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn
5 State Street 46.95 Bn 21.27 Bn -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn
7 Northern Trust 31.92 Bn 31.92 Bn -
8 Raymond James Financial 30.62 Bn 19.37 Bn -
9 Ares Management 29.04 Bn 32.41 Bn -
10 Blackstone Secured Lending Fund 5.48 Bn 5.13 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 7.90 Mn
Dec 31, 2025 20.77 Mn
Sep 30, 2025 58.37 Mn
Jun 30, 2025 65.17 Mn
Mar 31, 2025 8.00 Mn
Dec 31, 2024 53.96 Mn
Sep 30, 2024 23.87 Mn
Jun 30, 2024 7.93 Mn
Mar 31, 2024 30.10 Mn
Dec 31, 2023 12.82 Mn
Sep 30, 2023 27.22 Mn
Jun 30, 2023 3.55 Mn
Mar 31, 2023 3.88 Mn
Dec 31, 2022 45.29 Mn
Sep 30, 2022 19.72 Mn
Dec 31, 2021 39.14 Mn