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
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 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