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Blackstone Secured Lending Fund (BXSL) Operating Expenses (2021 - 2026)

Blackstone Secured Lending Fund filings provide 5 years of Operating Expenses readings, the most recent being $168.2 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 1.24% to $168.2 million in Q4 2025 year-over-year; TTM through Dec 2025 was $662.9 million, a 9.61% increase, with the full-year FY2025 number at $662.9 million, up 9.61% from a year prior.
  • Operating Expenses hit $168.2 million in Q4 2025 for Blackstone Secured Lending Fund, up from $164.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $168.2 million in Q4 2025 to a low of $70.8 million in Q3 2021.
  • Median Operating Expenses over the past 5 years was $127.0 million (2023), compared with a mean of $127.0 million.
  • Biggest five-year swings in Operating Expenses: dropped 11.18% in 2023 and later surged 74.36% in 2024.
  • Blackstone Secured Lending Fund's Operating Expenses stood at $81.0 million in 2021, then soared by 32.45% to $107.2 million in 2022, then fell by 11.18% to $95.3 million in 2023, then surged by 74.36% to $166.1 million in 2024, then increased by 1.24% to $168.2 million in 2025.
  • The last three reported values for Operating Expenses were $168.2 million (Q4 2025), $164.9 million (Q3 2025), and $165.1 million (Q2 2025) per Business Quant data.