Blackstone Secured Lending Fund (BXSL) Interest Expenses (2021 - 2026)
Blackstone Secured Lending Fund (BXSL) posted Interest Expenses of $101.07 million for Q2 2026, up 9.5% from $92.29 million a year earlier and up 0.9% from the prior quarter.
Blackstone Secured Lending Fund (BXSL) Interest Expenses (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expenses at Blackstone Secured Lending Fund was $397.62 million, up 8.7% year-over-year; for FY2025, it was $381.64 million, up 17.0% from FY2024.
- Annual Interest Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 42.1% (FY2020 to FY2025).
- In prior years, Blackstone Secured Lending Fund's Interest Expenses was $326.13 million in FY2024 (+22.4%), $266.42 million in FY2023 (+30.9%), $203.58 million in FY2022 (+69.0%) and $120.47 million in FY2021 (+82.7%).
- Quarterly Interest Expenses has run from a low of $32.74 million in Q3 2021 to a high of $101.69 million in Q4 2025 over five years.
- On a year-over-year basis, Interest Expenses has increased in each of the last nine quarters, with growth averaging 20.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Interest Expenses ranged from 0.0% (Q1 2024) to 69.1% (Q3 2022).
- According to Business Quant data, Interest Expenses for the three prior quarters was $100.17 million (Q1 2026), $101.69 million (Q4 2025) and $94.69 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 374.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 33.32 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 975.00 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 214.00 Mn |
| 10 | Blackstone Secured Lending Fund | 5.59 Bn | 4.44 Bn | - | 101.07 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 101.07 Mn |
| Mar 31, 2026 | 100.17 Mn |
| Dec 31, 2025 | 101.69 Mn |
| Sep 30, 2025 | 94.69 Mn |
| Jun 30, 2025 | 92.29 Mn |
| Mar 31, 2025 | 92.98 Mn |
| Dec 31, 2024 | 92.38 Mn |
| Sep 30, 2024 | 88.19 Mn |
| Jun 30, 2024 | 78.84 Mn |
| Mar 31, 2024 | 66.72 Mn |
| Dec 31, 2023 | 68.29 Mn |
| Sep 30, 2023 | 65.25 Mn |
| Jun 30, 2023 | 66.15 Mn |
| Mar 31, 2023 | 66.73 Mn |
| Dec 31, 2022 | 62.85 Mn |
| Sep 30, 2022 | 55.35 Mn |
| Jun 30, 2022 | 45.08 Mn |
| Mar 31, 2022 | 40.30 Mn |
| Dec 31, 2021 | 39.42 Mn |
| Sep 30, 2021 | 32.74 Mn |
Blackstone Secured Lending Fund Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=BXSL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "BXSL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=BXSL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();