Growth Metrics

Blackstone Secured Lending Fund (BXSL) Interest Expenses (2021 - 2026)

Blackstone Secured Lending Fund posted quarterly Interest Expenses of $100.2 million for Q1 2026, up 7.74% year-on-year from $93.0 million in Q1 2025, and down 1.49% on a QoQ basis from $101.7 million in Q4 2025.

Blackstone Secured Lending Fund (BXSL) has 6 years of Interest Expenses data on file, last reported at $100.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses rose 7.74% year-over-year to $100.2 million; the trailing twelve-month figure through Mar 2026 stood at $388.8 million (up 10.34% YoY), and the FY2025 full-year result was $381.6 million, up 17.02% from the prior year.
  • Interest Expenses for Q1 2026 stood at $100.2 million, down from $101.7 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $101.7 million in Q4 2025 and bottomed at $40.3 million in Q1 2022.
  • The 5-year median for Interest Expenses is $68.3 million (2023), against an average of $75.2 million.
  • The widest annual swing landed in 2022, when Interest Expenses surged 69.05%; it then declined 0.01% in 2024.
  • A 5-year view of Interest Expenses shows it stood at $62.8 million in 2022, then rose by 8.66% to $68.3 million in 2023, then soared by 35.28% to $92.4 million in 2024, then increased by 10.07% to $101.7 million in 2025, then dropped by 1.49% to $100.2 million in 2026.
  • The last three Interest Expenses figures came in at $100.2 million (Q1 2026), $101.7 million (Q4 2025), and $94.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 134.00 Mn
2 Blackstone 92.68 Bn 91.63 Bn - 137.05 Mn
3 Kkr 84.94 Bn 132.45 Bn - 3.60 Mn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 37.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 77.00 Mn
6 State Street 44.42 Bn 18.75 Bn - 1.82 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 142.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - 1.58 Bn
9 Ares Management 28.85 Bn 32.22 Bn - 50.76 Mn
10 Blackstone Secured Lending Fund 5.56 Bn 5.21 Bn - 100.17 Mn

Historic Data

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DateValue
Mar 31, 2026 100.17 Mn
Mar 31, 2026 100.17 Mn
Dec 31, 2025 101.69 Mn
Dec 31, 2025 101.69 Mn
Sep 30, 2025 94.69 Mn
Sep 30, 2025 94.69 Mn
Jun 30, 2025 92.29 Mn
Jun 30, 2025 92.29 Mn
Mar 31, 2025 92.98 Mn
Mar 31, 2025 92.98 Mn
Dec 31, 2024 92.38 Mn
Dec 31, 2024 92.38 Mn
Sep 30, 2024 88.19 Mn
Sep 30, 2024 88.19 Mn
Jun 30, 2024 78.84 Mn
Jun 30, 2024 78.84 Mn
Mar 31, 2024 66.72 Mn
Mar 31, 2024 66.72 Mn
Dec 31, 2023 68.29 Mn
Dec 31, 2023 68.29 Mn
Sep 30, 2023 65.25 Mn
Sep 30, 2023 65.25 Mn
Jun 30, 2023 66.15 Mn
Jun 30, 2023 66.15 Mn
Mar 31, 2023 66.73 Mn
Mar 31, 2023 66.73 Mn
Dec 31, 2022 62.85 Mn
Dec 31, 2022 62.85 Mn
Sep 30, 2022 55.35 Mn
Sep 30, 2022 55.35 Mn
Jun 30, 2022 45.08 Mn
Jun 30, 2022 45.08 Mn
Mar 31, 2022 40.30 Mn
Mar 31, 2022 40.30 Mn
Dec 31, 2021 39.42 Mn
Dec 31, 2021 39.42 Mn
Sep 30, 2021 32.74 Mn
Sep 30, 2021 32.74 Mn