Blackstone Secured Lending Fund (BXSL) Net Cash Flow (2021 - 2026)

Blackstone Secured Lending Fund (BXSL) reported Net Cash Flow of $65.0 million for Q1 2026, down 91.15% on a YoY basis from $734.8 million in Q1 2025, and up 60.18% quarter-over-quarter from $40.6 million in Q4 2025.

Blackstone Secured Lending Fund (BXSL) Net Cash Flow (2021 - 2026) Analysis & Trends

Blackstone Secured Lending Fund has reported Net Cash Flow for 6 years, with the latest figure at $65.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Cash Flow fell 91.15% year-over-year to $65.0 million; the trailing twelve-month figure through Mar 2026 stood at -$597.8 million (down 173.1% YoY), and the FY2025 full-year result was $72.0 million, down 5.09% from the prior year.
  • Net Cash Flow for Q1 2026 stood at $65.0 million, up from $40.6 million in the prior quarter.
  • The five-year high for Net Cash Flow was $734.8 million in Q1 2025, with the low at -$692.9 million in Q2 2025.
  • Historically, Net Cash Flow has averaged $15.5 million across 5 years, with a median of $24.3 million in 2023.
  • Annual changes were most pronounced in 2024 — Net Cash Flow plunged 6256.23% — and 2025, when it soared 10332.34%.
  • Blackstone Secured Lending Fund's Net Cash Flow stood at -$3.5 million in 2022, then soared by 786.57% to $24.3 million in 2023, then soared by 36.8% to $33.2 million in 2024, then grew by 22.28% to $40.6 million in 2025, then soared by 60.18% to $65.0 million in 2026.
  • The last three Net Cash Flow figures came in at $65.0 million (Q1 2026), $40.6 million (Q4 2025), and -$10.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - -1.56 Bn
2 Blackstone 96.85 Bn 95.80 Bn - -136.30 Mn
3 Kkr 86.45 Bn 133.96 Bn - 2.40 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 3.16 Bn
5 State Street 46.95 Bn 21.27 Bn - 2.09 Bn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn -1.76 Bn
7 Northern Trust 31.92 Bn 31.92 Bn - 43.20 Mn
8 Raymond James Financial 30.62 Bn 19.37 Bn - 1.45 Bn
9 Ares Management 29.04 Bn 32.41 Bn - 106.44 Mn
10 Blackstone Secured Lending Fund 5.48 Bn 5.13 Bn - 65.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 65.05 Mn
Mar 31, 2026 65.05 Mn
Dec 31, 2025 40.61 Mn
Dec 31, 2025 40.61 Mn
Sep 30, 2025 -10.52 Mn
Sep 30, 2025 -10.52 Mn
Jun 30, 2025 -692.92 Mn
Jun 30, 2025 -692.92 Mn
Mar 31, 2025 734.78 Mn
Mar 31, 2025 734.78 Mn
Dec 31, 2024 33.21 Mn
Dec 31, 2024 33.21 Mn
Sep 30, 2024 -93.82 Mn
Sep 30, 2024 -93.82 Mn
Jun 30, 2024 143.60 Mn
Jun 30, 2024 143.60 Mn
Mar 31, 2024 -7.18 Mn
Mar 31, 2024 -7.18 Mn
Dec 31, 2023 24.28 Mn
Dec 31, 2023 24.28 Mn