Blackstone Secured Lending Fund (BXSL) Change in Accured Expenses (2021 - 2026)
Blackstone Secured Lending Fund (BXSL) reported Change in Accured Expenses of -$12.9 million for Q1 2026, down 40.08% on a YoY basis from -$21.5 million in Q1 2025, and down 459.16% quarter-over-quarter from $3.6 million in Q4 2025.
Blackstone Secured Lending Fund (BXSL) Change in Accured Expenses (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund has reported Change in Accured Expenses for 6 years, with the latest figure 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.
- The five-year high for Change in Accured Expenses was $27.8 million in Q2 2023, with the low at -$25.1 million in Q1 2023.
- Historically, Change in Accured Expenses has averaged $31647.1 across 5 years, with a median of $3.6 million in 2025.
- Annual changes were most pronounced in 2022 — Change in Accured Expenses jumped 1528.4% — and 2023, when it tumbled 417.21%.
- Blackstone Secured Lending Fund's Change in Accured Expenses stood at $8.4 million in 2022, then surged by 51.3% to $12.7 million in 2023, then surged by 63.4% to $20.7 million in 2024, then tumbled by 82.68% to $3.6 million in 2025, then tumbled 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 | 163.18 Bn | 153.56 Bn | - | 3.47 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | -709.73 Mn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 8.03 Mn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | - |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 1.63 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | -467.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 28.60 Mn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 166.00 Mn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | - |
| 10 | Blackstone Secured Lending Fund | 5.48 Bn | 5.13 Bn | - | -12.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |