Blackstone Secured Lending Fund (BXSL) Other Operating Expenses (2021 - 2026)
Blackstone Secured Lending Fund's Other Operating Expenses was $1.82 million in Q2 2026, up 46.0% from $1.24 million a year earlier and up 49.1% from the prior quarter.
Blackstone Secured Lending Fund (BXSL) Other Operating Expenses (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Blackstone Secured Lending Fund's Other Operating Expenses was $5.77 million through Jun 30, 2026, up 16.7% year-over-year; for FY2025, it came in at $5.02 million, up 7.8% from FY2024.
- Other Operating Expenses shows a five-year compound annual growth rate of 3.8% (FY2020 to FY2025).
- In earlier years, Other Operating Expenses was $4.65 million in FY2024 (-77.0%), $20.2 million in FY2023 (-20.6%), $25.43 million in FY2022 (+430.4%) and $4.79 million in FY2021 (+15.1%).
- The Q2 2026 figure marks the highest quarterly Other Operating Expenses since Q4 2023.
- Compared with a year earlier, Other Operating Expenses was higher in four of the last eight quarters, with an average decline of 4.1%.
- The best year-over-year quarter for Other Operating Expenses over five years was Q4 2022 (growth of 970.6%); the worst was Q2 2024 (a decline of 82.5%).
- Per Business Quant data, BXSL's Other Operating Expenses in the three quarters before Q2 2026 was $1.22 million (Q1 2026), $1.24 million (Q4 2025) and $1.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | Blackstone Secured Lending Fund | 5.59 Bn | 4.44 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.82 Mn |
| Mar 31, 2026 | 1.22 Mn |
| Dec 31, 2025 | 1.24 Mn |
| Sep 30, 2025 | 1.50 Mn |
| Jun 30, 2025 | 1.24 Mn |
| Mar 31, 2025 | 1.06 Mn |
| Dec 31, 2024 | 1.34 Mn |
| Sep 30, 2024 | 1.30 Mn |
| Jun 30, 2024 | 1.07 Mn |
| Mar 31, 2024 | 1.17 Mn |
| Dec 31, 2023 | 1.90 Mn |
| Sep 30, 2023 | 6.10 Mn |
| Jun 30, 2023 | 6.10 Mn |
| Mar 31, 2023 | 6.20 Mn |
| Dec 31, 2022 | 6.20 Mn |
| Sep 30, 2022 | 6.35 Mn |
| Jun 30, 2022 | 6.50 Mn |
| Mar 31, 2022 | 6.41 Mn |
| Dec 31, 2021 | 579,000.00 |
| Sep 30, 2021 | 1.67 Mn |
Blackstone Secured Lending Fund Other Operating 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=other-operating-expenses&ticker=BXSL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-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=other-operating-expenses&ticker=BXSL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();