Blackstone Secured Lending Fund (BXSL) Interest Expenses (2021 - 2026)
Blackstone Secured Lending Fund (BXSL) reported Interest Expenses of $100.2 million for Q1 2026, up 7.74% on a YoY basis from $93.0 million in Q1 2025, and down 1.49% quarter-over-quarter from $101.7 million in Q4 2025.
Blackstone Secured Lending Fund (BXSL) Interest Expenses (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund has reported Interest Expenses for 6 years, with the latest figure 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.
- The five-year high for Interest Expenses was $101.7 million in Q4 2025, with the low at $40.3 million in Q1 2022.
- Historically, Interest Expenses has averaged $75.2 million across 5 years, with a median of $68.3 million in 2023.
- Annual changes were most pronounced in 2022 — Interest Expenses surged 69.05% — and 2024, when it declined 0.01%.
- Blackstone Secured Lending Fund's Interest Expenses stood at $62.8 million in 2022, then increased by 8.66% to $68.3 million in 2023, then surged by 35.28% to $92.4 million in 2024, then grew by 10.07% to $101.7 million in 2025, then slipped 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) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 134.00 Mn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 137.05 Mn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 3.60 Mn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 77.00 Mn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 1.82 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 142.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 1.58 Bn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 403.00 Mn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 50.76 Mn |
| 10 | Blackstone Secured Lending Fund | 5.48 Bn | 5.13 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 |