Blackstone Secured Lending Fund (BXSL) Non Operating Interest Expenses (2021 - 2026)
Blackstone Secured Lending Fund's (BXSL) quarterly Non Operating Interest Expenses came in at $101.1 million in Q2 2026, up 9.52% on a YoY basis from $92.3 million in Q2 2025, and up 0.9% quarter-over-quarter from $100.2 million in Q1 2026.
Analysis
Blackstone Secured Lending Fund (BXSL) Non Operating Interest Expenses (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund (BXSL) has reported Non Operating Interest Expenses for 6 consecutive years, with $101.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non Operating Interest Expenses rose 9.52% year-over-year to $101.1 million; the trailing twelve-month figure through Jun 2026 stood at $397.6 million (up 8.69% YoY), and the FY2025 full-year result was $381.6 million, up 17.02% from the prior year.
- Non Operating Interest Expenses rose to $101.1 million in Q2 2026 per BXSL's latest filing, from $100.2 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $101.7 million in Q4 2025 and bottomed at $40.3 million in Q1 2022.
- Historically, Non Operating Interest Expenses has averaged $76.6 million across 5 years, with a median of $73.6 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Non Operating Interest Expenses soared 69.05% in 2022, then fell 0.01% in 2024.
- Over 5 years, Non Operating Interest Expenses stood at $62.8 million in 2022, then gained by 8.66% to $68.3 million in 2023, then jumped by 35.28% to $92.4 million in 2024, then rose by 10.07% to $101.7 million in 2025, then decreased by 0.61% to $101.1 million in 2026.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $101.1 million, $100.2 million, and $101.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 214.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 101.07 Mn |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | - |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | - |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | 108.79 Mn |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 28.13 Mn |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | 39.60 Mn |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | - |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | 25.03 Mn |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | - |
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 |