Growth Metrics

Blackstone Secured Lending Fund (BXSL) Change in Accured Expenses (2021 - 2026)

Blackstone Secured Lending Fund posted quarterly Change in Accured Expenses of -$12.9 million for Q1 2026, down 40.08% year-on-year from -$21.5 million in Q1 2025, and down 459.16% on a QoQ basis from $3.6 million in Q4 2025.

Blackstone Secured Lending Fund (BXSL) has 6 years of Change in Accured Expenses data on file, last reported at -$12.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Accured Expenses fell 40.08% year-over-year to -$12.9 million; the trailing twelve-month figure through Mar 2026 stood at $4.3 million (up 8.37% YoY), and the FY2025 full-year result was $8.0 million, up 70.67% from the prior year.
  • Change in Accured Expenses for Q1 2026 stood at -$12.9 million, down from $3.6 million in the prior quarter.
  • Across five years, Change in Accured Expenses topped out at $27.8 million in Q2 2023 and bottomed at -$25.1 million in Q1 2023.
  • The 5-year median for Change in Accured Expenses is $3.6 million (2025), against an average of $31647.1.
  • The widest annual swing landed in 2022, when Change in Accured Expenses jumped 1528.4%; it then sank 417.21% in 2023.
  • A 5-year view of Change in Accured Expenses shows it stood at $8.4 million in 2022, then soared by 51.3% to $12.7 million in 2023, then soared by 63.4% to $20.7 million in 2024, then slumped by 82.68% to $3.6 million in 2025, then slumped by 459.16% to -$12.9 million in 2026.
  • The last three Change in Accured Expenses figures came in at -$12.9 million (Q1 2026), $3.6 million (Q4 2025), and $9.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 3.47 Bn
2 Blackstone 92.68 Bn 91.63 Bn - -709.73 Mn
3 Kkr 84.94 Bn 132.45 Bn - 8.03 Mn
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 - 1.63 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn -467.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - 28.60 Mn
9 Ares Management 28.85 Bn 32.22 Bn - -
10 Blackstone Secured Lending Fund 5.56 Bn 5.21 Bn - -12.88 Mn

Historic Data

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DateValue
Mar 31, 2026 -12.88 Mn
Mar 31, 2026 -12.88 Mn
Dec 31, 2025 3.59 Mn
Dec 31, 2025 3.59 Mn
Sep 30, 2025 9.29 Mn
Sep 30, 2025 9.29 Mn
Jun 30, 2025 4.32 Mn
Jun 30, 2025 4.32 Mn
Mar 31, 2025 -9.19 Mn
Mar 31, 2025 -9.19 Mn
Dec 31, 2024 20.69 Mn
Dec 31, 2024 20.69 Mn
Sep 30, 2024 -11.13 Mn
Sep 30, 2024 -11.13 Mn
Jun 30, 2024 3.60 Mn
Jun 30, 2024 3.60 Mn
Mar 31, 2024 -8.49 Mn
Mar 31, 2024 -8.49 Mn
Dec 31, 2023 12.66 Mn
Dec 31, 2023 12.66 Mn
Sep 30, 2023 -20.77 Mn
Sep 30, 2023 -20.77 Mn
Jun 30, 2023 27.81 Mn
Jun 30, 2023 27.81 Mn
Mar 31, 2023 -25.11 Mn
Mar 31, 2023 -25.11 Mn
Dec 31, 2022 8.37 Mn
Dec 31, 2022 8.37 Mn
Sep 30, 2022 -4.02 Mn
Sep 30, 2022 -4.02 Mn
Jun 30, 2022 26.52 Mn
Jun 30, 2022 26.52 Mn
Mar 31, 2022 -24.73 Mn
Mar 31, 2022 -24.73 Mn
Dec 31, 2021 514,000.00
Dec 31, 2021 514,000.00