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
Download Data| Date | Value |
|---|---|
| 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 |