Blackstone Secured Lending Fund (BXSL) Non Operating Interest Expenses (2021 - 2026)
Blackstone Secured Lending Fund (BXSL) recorded Non Operating Interest Expenses of $101.07 million in Q2 2026, up 9.5% from $92.29 million a year earlier and up 0.9% from the prior quarter.
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Analysis
Blackstone Secured Lending Fund (BXSL) Non Operating Interest Expenses (2021 - 2026) Analysis & Trends
On a TTM basis, Blackstone Secured Lending Fund's Non Operating Interest Expenses came in at $397.62 million as of Jun 30, 2026, up 8.7% year-over-year; for FY2025, it was $381.64 million, up 17.0% from FY2024.
- Annual Non Operating Interest Expenses has increased for five straight years, with a five-year compound annual growth rate of 42.1% (FY2020 to FY2025).
- Across earlier years, Non Operating Interest Expenses came in at $326.13 million in FY2024 (+22.4%), $266.42 million in FY2023 (+30.9%), $203.58 million in FY2022 (+69.0%) and $120.47 million in FY2021 (+82.7%).
- Quarterly Non Operating Interest Expenses has ranged from $32.74 million in Q3 2021 to $101.69 million in Q4 2025 over the past five years.
- On a year-over-year basis, Non Operating Interest Expenses has increased for nine consecutive quarters, with growth averaging 20.2% over the last eight quarters.
- The year-over-year growth in Non Operating Interest Expenses has ranged between 0.0% (Q1 2024) and 69.1% (Q3 2022) over the last five years.
- Per Business Quant, the preceding three quarters came in at $100.17 million (Q1 2026), $101.69 million (Q4 2025) and $94.69 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 374.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 214.00 Mn |
| 10 | Blackstone Secured Lending Fund | 5.59 Bn | 4.44 Bn | - | 101.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 101.07 Mn |
| Mar 31, 2026 | 100.17 Mn |
| Dec 31, 2025 | 101.69 Mn |
| Sep 30, 2025 | 94.69 Mn |
| Jun 30, 2025 | 92.29 Mn |
| Mar 31, 2025 | 92.98 Mn |
| Dec 31, 2024 | 92.38 Mn |
| Sep 30, 2024 | 88.19 Mn |
| Jun 30, 2024 | 78.84 Mn |
| Mar 31, 2024 | 66.72 Mn |
| Dec 31, 2023 | 68.29 Mn |
| Sep 30, 2023 | 65.25 Mn |
| Jun 30, 2023 | 66.15 Mn |
| Mar 31, 2023 | 66.73 Mn |
| Dec 31, 2022 | 62.85 Mn |
| Sep 30, 2022 | 55.35 Mn |
| Jun 30, 2022 | 45.08 Mn |
| Mar 31, 2022 | 40.30 Mn |
| Dec 31, 2021 | 39.42 Mn |
| Sep 30, 2021 | 32.74 Mn |
API Access
Blackstone Secured Lending Fund Non Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=BXSL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "BXSL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=BXSL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();