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

Blackstone Secured Lending Fund's Operating Expenses history runs 6 years deep, the most recent figure standing at $142.5 million for Q1 2026.

• Quarterly Operating Expenses fell 13.55% year-over-year to $142.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $640.6 million (up 0.91% YoY) and the FY2025 annual result came in at $662.9 million, up 9.61% from the prior year.
• Operating Expenses was $142.5 million for Q1 2026 at Blackstone Secured Lending Fund, down from $168.2 million in the prior quarter.
• Across five years, Operating Expenses topped out at $168.2 million in Q4 2025 and bottomed at $78.3 million in Q4 2022.
• A 5-year average of $134.4 million and a median of $142.5 million in 2026 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses soared 108.75% — and 2026, when it fell 13.55%.
• Blackstone Secured Lending Fund's Operating Expenses stood at $78.3 million in 2022, then soared by 108.75% to $163.4 million in 2023, then gained by 1.65% to $166.1 million in 2024, then increased by 1.24% to $168.2 million in 2025, then declined by 15.28% to $142.5 million in 2026.
• Business Quant data shows BXSL's Operating Expenses at $142.5 million in Q1 2026, $168.2 million in Q4 2025, and $164.9 million in Q3 2025.