Blackstone Secured Lending Fund (BXSL) Free Cash Flow (2021 - 2026)
Blackstone Secured Lending Fund posted quarterly Free Cash Flow of $249.3 million for Q1 2026, down 41.3% year-on-year from $424.7 million in Q1 2025, and up 208.53% on a QoQ basis from -$229.7 million in Q4 2025.
Blackstone Secured Lending Fund (BXSL) has 6 years of Free Cash Flow data on file, last reported at $249.3 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 41.3% year-over-year to $249.3 million; the trailing twelve-month figure through Mar 2026 stood at -$634.1 million (up 62.84% YoY), and the FY2025 full-year result was -$458.7 million, up 81.84% from the prior year.
- Free Cash Flow for Q1 2026 stood at $249.3 million, up from -$229.7 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $521.3 million in Q2 2023 and bottomed at -$903.9 million in Q4 2024.
- The 5-year median for Free Cash Flow is -$90.4 million (2023), against an average of -$94.3 million.
- The widest annual swing landed in 2023, when Free Cash Flow soared 1334.72%; it then tumbled 606.45% in 2024.
- A 5-year view of Free Cash Flow shows it stood at $167.8 million in 2022, then slumped by 176.24% to -$127.9 million in 2023, then sank by 606.45% to -$903.9 million in 2024, then soared by 74.59% to -$229.7 million in 2025, then jumped by 208.53% to $249.3 million in 2026.
- The last three Free Cash Flow figures came in at $249.3 million (Q1 2026), -$229.7 million (Q4 2025), and -$432.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | -1.09 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 957.64 Mn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 1.72 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 332.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 1.62 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | -12.41 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 430.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | -329.40 Mn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 390.87 Mn |
| 10 | Blackstone Secured Lending Fund | 5.56 Bn | 5.21 Bn | - | 249.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 249.26 Mn |
| Mar 31, 2026 | 249.26 Mn |
| Dec 31, 2025 | -229.66 Mn |
| Dec 31, 2025 | -229.66 Mn |
| Sep 30, 2025 | -432.60 Mn |
| Sep 30, 2025 | -432.60 Mn |
| Jun 30, 2025 | -221.06 Mn |
| Jun 30, 2025 | -221.06 Mn |
| Mar 31, 2025 | 424.66 Mn |
| Mar 31, 2025 | 424.66 Mn |
| Dec 31, 2024 | -903.87 Mn |
| Dec 31, 2024 | -903.87 Mn |
| Sep 30, 2024 | -517.72 Mn |
| Sep 30, 2024 | -517.72 Mn |
| Jun 30, 2024 | -709.18 Mn |
| Jun 30, 2024 | -709.18 Mn |
| Mar 31, 2024 | -395.53 Mn |
| Mar 31, 2024 | -395.53 Mn |
| Dec 31, 2023 | -127.95 Mn |
| Dec 31, 2023 | -127.95 Mn |
| Sep 30, 2023 | -90.38 Mn |
| Sep 30, 2023 | -90.38 Mn |
| Jun 30, 2023 | 521.28 Mn |
| Jun 30, 2023 | 521.28 Mn |
| Mar 31, 2023 | 155.86 Mn |
| Mar 31, 2023 | 155.86 Mn |
| Dec 31, 2022 | 167.82 Mn |
| Dec 31, 2022 | 167.82 Mn |
| Sep 30, 2022 | 487.97 Mn |
| Sep 30, 2022 | 487.97 Mn |
| Jun 30, 2022 | 36.33 Mn |
| Jun 30, 2022 | 36.33 Mn |
| Mar 31, 2022 | -19.17 Mn |
| Mar 31, 2022 | -19.17 Mn |
| Dec 31, 2021 | -1.39 Bn |
| Dec 31, 2021 | -1.39 Bn |