Blackstone Secured Lending Fund (BXSL) Interest Expenses (2021 - 2026)
Blackstone Secured Lending Fund (BXSL) posted Interest Expenses of $115.6 million for Q1 2026, up 13.71% on a QoQ basis from $101.7 million in Q4 2025, and up 20.07% year-over-year from $96.3 million in Q1 2025.
Blackstone Secured Lending Fund (BXSL) Interest Expenses (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund's Interest Expenses history runs 6 years deep, the most recent figure standing at $115.6 million for Q1 2026.
- Quarterly Interest Expenses rose 20.07% year-over-year to $115.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $423.1 million (up 13.85% YoY) and the FY2025 annual result came in at $381.6 million, up 17.02% from the prior year.
- Interest Expenses was $115.6 million for Q1 2026 at Blackstone Secured Lending Fund, up from $101.7 million in the prior quarter.
- Across five years, Interest Expenses topped out at $115.6 million in Q1 2026 and bottomed at $45.1 million in Q2 2022.
- A 5-year average of $82.4 million and a median of $79.6 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses jumped 448.64% — and 2024, when it retreated 17.95%.
- Blackstone Secured Lending Fund's Interest Expenses stood at $62.8 million in 2022, then dropped by 3.2% to $60.8 million in 2023, then jumped by 51.86% to $92.4 million in 2024, then rose by 10.07% to $101.7 million in 2025, then grew by 13.71% to $115.6 million in 2026.
- Business Quant data shows BXSL's Interest Expenses at $115.6 million in Q1 2026, $101.7 million in Q4 2025, and $113.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 134.00 Mn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 137.05 Mn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 3.25 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 1.78 Bn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 142.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 1.58 Bn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 483.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Blackstone Secured Lending Fund | 5.37 Bn | 5.02 Bn | - | 115.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 115.63 Mn |
| Mar 31, 2026 | 115.63 Mn |
| Dec 31, 2025 | 101.69 Mn |
| Dec 31, 2025 | 101.69 Mn |
| Sep 30, 2025 | 113.47 Mn |
| Sep 30, 2025 | 113.47 Mn |
| Jun 30, 2025 | 92.29 Mn |
| Jun 30, 2025 | 92.29 Mn |
| Mar 31, 2025 | 96.30 Mn |
| Mar 31, 2025 | 96.30 Mn |
| Dec 31, 2024 | 92.38 Mn |
| Dec 31, 2024 | 92.38 Mn |
| Sep 30, 2024 | 104.07 Mn |
| Sep 30, 2024 | 104.07 Mn |
| Jun 30, 2024 | 78.84 Mn |
| Jun 30, 2024 | 78.84 Mn |
| Mar 31, 2024 | 72.62 Mn |
| Mar 31, 2024 | 72.62 Mn |
| Dec 31, 2023 | 60.83 Mn |
| Dec 31, 2023 | 60.83 Mn |