Blackstone Secured Lending Fund (BXSL) Accumulated Expenses (2021 - 2026)
Blackstone Secured Lending Fund (BXSL) posted Accumulated Expenses of $7.9 million for Q1 2026, down 61.99% on a QoQ basis from $20.8 million in Q4 2025, and down 1.35% year-over-year from $8.0 million in Q1 2025.
Blackstone Secured Lending Fund (BXSL) Accumulated Expenses (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund's Accumulated Expenses history runs 6 years deep, the most recent figure standing at $7.9 million for Q1 2026.
- Quarterly Accumulated Expenses fell 1.35% year-over-year to $7.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.9 million (down 1.35% YoY) and the FY2025 annual result came in at $20.8 million, down 61.5% from the prior year.
- Accumulated Expenses was $7.9 million for Q1 2026 at Blackstone Secured Lending Fund, 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.
- A 5-year average of $27.2 million and a median of $20.8 million in 2025 frame the typical range for Accumulated Expenses.
- Annual changes were most pronounced in 2022 — Accumulated Expenses jumped 1363.3% — and 2025, when it tumbled 61.5%.
- Blackstone Secured Lending Fund's Accumulated Expenses stood at $45.3 million in 2022, then retreated by 11.94% to $39.9 million in 2023, then soared by 35.3% to $54.0 million in 2024, then tumbled by 61.5% to $20.8 million in 2025, then plunged by 61.99% to $7.9 million in 2026.
- Business Quant data shows BXSL's Accumulated Expenses at $7.9 million in Q1 2026, $20.8 million in Q4 2025, and $58.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - |
| 10 | Blackstone Secured Lending Fund | 5.37 Bn | 5.02 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 | 44.34 Mn |
| Mar 31, 2024 | 4.33 Mn |
| Dec 31, 2023 | 39.88 Mn |
| Sep 30, 2023 | 8.48 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 | 3.10 Mn |