Blackstone Secured Lending Fund (BXSL) Share-based Compensation (2021 - 2026)

Blackstone Secured Lending Fund (BXSL) posted Share-based Compensation of $8.1 million for Q1 2026, up 15.01% on a QoQ basis from $7.1 million in Q4 2025, and up 58.17% year-over-year from $5.1 million in Q1 2025.

Blackstone Secured Lending Fund (BXSL) Share-based Compensation (2021 - 2026) Analysis & Trends

Blackstone Secured Lending Fund's Share-based Compensation history runs 6 years deep, the most recent figure standing at $8.1 million for Q1 2026.

  • Quarterly Share-based Compensation rose 58.17% year-over-year to $8.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $26.0 million (up 26.45% YoY) and the FY2025 annual result came in at $23.0 million, up 9.38% from the prior year.
  • Share-based Compensation was $8.1 million for Q1 2026 at Blackstone Secured Lending Fund, up from $7.1 million in the prior quarter.
  • Across five years, Share-based Compensation topped out at $16.5 million in Q2 2022 and bottomed at $4.6 million in Q3 2023.
  • A 5-year average of $7.4 million and a median of $5.4 million in 2023 frame the typical range for Share-based Compensation.
  • Annual changes were most pronounced in 2023 — Share-based Compensation slumped 67.04% — and 2026, when it surged 58.17%.
  • Blackstone Secured Lending Fund's Share-based Compensation stood at $12.9 million in 2022, then plunged by 57.93% to $5.4 million in 2023, then declined by 6.67% to $5.1 million in 2024, then soared by 38.82% to $7.1 million in 2025, then climbed by 15.01% to $8.1 million in 2026.
  • Business Quant data shows BXSL's Share-based Compensation at $8.1 million in Q1 2026, $7.1 million in Q4 2025, and $5.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Brookfield 1,268.83 Bn 1,224.24 Bn 18.56 Bn -
2 BlackRock 164.33 Bn 151.18 Bn - 65.00 Mn
3 Blackstone 104.34 Bn 101.89 Bn - 560.90 Mn
4 Brookfield Asset Management 76.36 Bn 75.31 Bn - 37.00 Mn
5 Apollo Global Management 74.24 Bn 74.24 Bn -409.00 Mn 232.00 Mn
6 State Street 51.38 Bn 51.38 Bn - -
7 Ameriprise Financial 50.40 Bn 41.14 Bn 4.57 Bn 39.00 Mn
8 Raymond James Financial 33.93 Bn 18.96 Bn - 54.00 Mn
9 Northern Trust 33.67 Bn 33.67 Bn - -
10 Blackstone Secured Lending Fund 5.37 Bn 5.02 Bn - 8.11 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 8.11 Mn
Mar 31, 2026 8.11 Mn
Dec 31, 2025 7.06 Mn
Dec 31, 2025 7.06 Mn
Sep 30, 2025 5.47 Mn
Sep 30, 2025 5.47 Mn
Jun 30, 2025 5.38 Mn
Jun 30, 2025 5.38 Mn
Mar 31, 2025 5.13 Mn
Mar 31, 2025 5.13 Mn
Dec 31, 2024 5.08 Mn
Dec 31, 2024 5.08 Mn
Sep 30, 2024 5.07 Mn
Sep 30, 2024 5.07 Mn
Jun 30, 2024 5.29 Mn
Jun 30, 2024 5.29 Mn
Mar 31, 2024 5.61 Mn
Mar 31, 2024 5.61 Mn
Dec 31, 2023 5.45 Mn
Dec 31, 2023 5.45 Mn