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
DateValue
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