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| 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 |