Blackstone Secured Lending Fund (BXSL) Other Operating Expenses (2021 - 2026)
Blackstone Secured Lending Fund's (BXSL) quarterly Other Operating Expenses came in at $140.5 million in Q2 2026, down 14.3% on a YoY basis from $163.9 million in Q2 2025, and down 0.71% quarter-over-quarter from $141.5 million in Q1 2026.
Analysis
Blackstone Secured Lending Fund (BXSL) Other Operating Expenses (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund (BXSL) has reported Other Operating Expenses for 6 consecutive years, with $140.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Other Operating Expenses fell 14.3% year-over-year to $140.5 million; the trailing twelve-month figure through Jun 2026 stood at $612.2 million (down 5.19% YoY), and the FY2025 full-year result was $657.9 million, up 9.42% from the prior year.
- Other Operating Expenses declined to $140.5 million in Q2 2026 per BXSL's latest filing, from $141.5 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $166.9 million in Q4 2025 and bottomed at $89.6 million in Q2 2022.
- Historically, Other Operating Expenses has averaged $135.6 million across 5 years, with a median of $137.0 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Other Operating Expenses surged 49.0% in 2022, then retreated 14.3% in 2026.
- Over 5 years, Other Operating Expenses stood at $115.8 million in 2022, then advanced by 12.82% to $130.6 million in 2023, then grew by 26.66% to $165.4 million in 2024, then increased by 0.9% to $166.9 million in 2025, then decreased by 15.85% to $140.5 million in 2026.
- According to Business Quant data, Other Operating Expenses over the past three periods registered $140.5 million, $141.5 million, and $166.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.02 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 140.45 Mn |
| Mar 31, 2026 | 141.46 Mn |
| Dec 31, 2025 | 166.92 Mn |
| Sep 30, 2025 | 163.35 Mn |
| Jun 30, 2025 | 163.88 Mn |
| Mar 31, 2025 | 163.74 Mn |
| Dec 31, 2024 | 165.43 Mn |
| Sep 30, 2024 | 152.65 Mn |
| Jun 30, 2024 | 149.56 Mn |
| Mar 31, 2024 | 133.59 Mn |
| Dec 31, 2023 | 130.61 Mn |
| Sep 30, 2023 | 126.95 Mn |
| Jun 30, 2023 | 122.90 Mn |
| Mar 31, 2023 | 122.05 Mn |
| Dec 31, 2022 | 115.77 Mn |
| Sep 30, 2022 | 103.08 Mn |
| Jun 30, 2022 | 89.62 Mn |
| Mar 31, 2022 | 89.63 Mn |
| Dec 31, 2021 | 86.93 Mn |
| Sep 30, 2021 | 69.18 Mn |