Blackstone Secured Lending Fund (BXSL) Retained Earnings (2021 - 2026)
Blackstone Secured Lending Fund (BXSL) reported Retained Earnings of -$126.07 million for Q2 2026, compared with $278.96 million a year earlier.
Blackstone Secured Lending Fund (BXSL) Retained Earnings (2021 - 2026) Analysis & Trends
At the end of FY2025, Blackstone Secured Lending Fund posted Retained Earnings of $197.19 million, down 39.6% from FY2024.
- Retained Earnings has a five-year compound annual growth rate of 39.4% (FY2020 to FY2025).
- By year, Retained Earnings came in at $326.54 million in FY2024 (+30.6%), $250.03 million in FY2023 (+98.9%), $125.69 million in FY2022 (-37.1%) and $199.86 million in FY2021 (+433.2%).
- The Q2 2026 figure ranks as the lowest quarterly Retained Earnings in data going back to Q4 2021.
- Year over year, Retained Earnings gained in three of the last seven quarters, with an average decline of 12.2%.
- The high point for year-over-year Retained Earnings in five years was Q3 2023 (growth of 119.9%); the low point was Q1 2026 (a decline of 85.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $43.58 million (Q1 2026), $197.19 million (Q4 2025) and $233.56 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 651.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 23.31 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 2.46 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | -16.56 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | -1.13 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 25.97 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 1.66 Bn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | -13.21 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 531.00 Mn |
| 10 | Blackstone Secured Lending Fund | 5.59 Bn | 4.44 Bn | - | -126.07 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -126.07 Mn |
| Mar 31, 2026 | 43.58 Mn |
| Dec 31, 2025 | 197.19 Mn |
| Sep 30, 2025 | 233.56 Mn |
| Jun 30, 2025 | 278.96 Mn |
| Mar 31, 2025 | 300.93 Mn |
| Dec 31, 2024 | 326.54 Mn |
| Sep 30, 2024 | 320.27 Mn |
| Jun 30, 2024 | 329.52 Mn |
| Mar 31, 2024 | 286.04 Mn |
| Dec 31, 2023 | 250.03 Mn |
| Sep 30, 2023 | 218.60 Mn |
| Jun 30, 2023 | 181.16 Mn |
| Mar 31, 2023 | 152.09 Mn |
| Dec 31, 2022 | 125.69 Mn |
| Sep 30, 2022 | 99.41 Mn |
| Dec 31, 2021 | 199.86 Mn |
Blackstone Secured Lending Fund Retained Earnings 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=retained-earnings&ticker=BXSL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=BXSL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();