Growth Metrics

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

Blackstone Secured Lending Fund posted quarterly Accumulated Expenses of $7.9 million for Q1 2026, down 1.35% year-on-year from $8.0 million in Q1 2025, and down 61.99% on a QoQ basis from $20.8 million in Q4 2025.

Blackstone Secured Lending Fund (BXSL) has 6 years of Accumulated Expenses data on file, last reported 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.
  • Across five years, Accumulated Expenses topped out at $65.2 million in Q2 2025 and bottomed at $3.5 million in Q2 2023.
  • The 5-year median for Accumulated Expenses is $20.8 million (2025), against an average of $25.9 million.
  • Peak annual rise in Accumulated Expenses reached 721.56% in 2025, while the deepest fall reached 73.42% in 2025.
  • A 5-year view of Accumulated Expenses shows it stood at $45.3 million in 2022, then sank by 71.7% to $12.8 million in 2023, then soared by 320.99% to $54.0 million in 2024, then plunged by 61.5% to $20.8 million in 2025, then sank 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 158.51 Bn 148.89 Bn -
2 Blackstone 92.68 Bn 91.63 Bn -
3 Kkr 84.94 Bn 132.45 Bn -
4 Brookfield Asset Management 77.34 Bn 77.68 Bn -
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn
6 State Street 44.42 Bn 18.75 Bn -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn
8 Northern Trust 31.21 Bn 31.21 Bn -
9 Ares Management 28.85 Bn 32.22 Bn -
10 Blackstone Secured Lending Fund 5.56 Bn 5.21 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