Blackstone Secured Lending Fund (BXSL) Revenue (2021 - 2026)
Blackstone Secured Lending Fund's (BXSL) quarterly Revenue came in at $320.5 million in Q2 2026, down 7.06% on a YoY basis from $344.8 million in Q2 2025, and down 1.54% quarter-over-quarter from $325.5 million in Q1 2026.
Analysis
Blackstone Secured Lending Fund (BXSL) Revenue (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund (BXSL) has reported Revenue for 6 consecutive years, with $320.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Revenue fell 7.06% year-over-year to $320.5 million; the trailing twelve-month figure through Jun 2026 stood at $1.4 billion (down 2.58% YoY), and the FY2025 full-year result was $1.4 billion, up 6.94% from the prior year.
- Revenue fell to $320.5 million in Q2 2026 per BXSL's latest filing, from $325.5 million in the prior quarter.
- Across five years, Revenue topped out at $358.6 million in Q3 2025 and bottomed at $185.6 million in Q1 2022.
- Historically, Revenue has averaged $299.2 million across 5 years, with a median of $312.4 million in 2023.
- The sharpest annual moves came in 2023 and 2026: Revenue jumped 55.28% in 2023, then fell 9.03% in 2026.
- Over 5 years, Revenue stood at $250.9 million in 2022, then advanced by 21.26% to $304.3 million in 2023, then rose by 15.91% to $352.7 million in 2024, then advanced by 1.47% to $357.8 million in 2025, then declined by 10.44% to $320.5 million in 2026.
- According to Business Quant data, Revenue over the past three periods registered $320.5 million, $325.5 million, and $357.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.73 Bn | - | 768.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.69 Bn | 5.42 Bn | - | 320.47 Mn |
| 3 | Blue Owl Capital | 5.52 Bn | 5.28 Bn | - | 401.34 Mn |
| 4 | Main Street Capital | 5.26 Bn | 5.20 Bn | - | 149.57 Mn |
| 5 | Blue Owl Technology Finance | 5.05 Bn | 4.84 Bn | - | 338.03 Mn |
| 6 | Hercules Capital | 4.64 Bn | 4.59 Bn | - | 149.11 Mn |
| 7 | FS KKR Capital | 3.37 Bn | 3.27 Bn | - | 290.00 Mn |
| 8 | Golub Capital Bdc | 3.34 Bn | 3.30 Bn | - | 187.73 Mn |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -129.09 Mn | - | 66.09 Mn |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 68.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 320.47 Mn |
| Mar 31, 2026 | 325.47 Mn |
| Dec 31, 2025 | 357.83 Mn |
| Sep 30, 2025 | 358.56 Mn |
| Jun 30, 2025 | 344.80 Mn |
| Mar 31, 2025 | 357.76 Mn |
| Dec 31, 2024 | 352.66 Mn |
| Sep 30, 2024 | 343.22 Mn |
| Jun 30, 2024 | 327.06 Mn |
| Mar 31, 2024 | 303.96 Mn |
| Dec 31, 2023 | 304.25 Mn |
| Sep 30, 2023 | 283.96 Mn |
| Jun 30, 2023 | 290.37 Mn |
| Mar 31, 2023 | 264.94 Mn |
| Dec 31, 2022 | 250.91 Mn |
| Sep 30, 2022 | 226.79 Mn |
| Jun 30, 2022 | 186.99 Mn |
| Mar 31, 2022 | 185.60 Mn |
| Dec 31, 2021 | 192.02 Mn |
| Sep 30, 2021 | 166.88 Mn |