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| Date | Value |
|---|---|
| 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 |