Blackstone Secured Lending Fund (BXSL) Share-based Compensation (2021 - 2026)
Blackstone Secured Lending Fund's (BXSL) quarterly Share-based Compensation came in at $8.1 million in Q1 2026, up 58.17% YoY from $5.1 million in Q1 2025, and up 15.01% on a QoQ basis from $7.1 million in Q4 2025.
Blackstone Secured Lending Fund (BXSL) Share-based Compensation (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund (BXSL) has 6 years of Share-based Compensation data on file, last reported at $8.1 million in 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 rose to $8.1 million in Q1 2026, from $7.1 million in the prior quarter.
- In the past five years, Share-based Compensation ranged from a high of $16.5 million in Q2 2022 to a low of $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 tumbled 67.04% — and 2026, when it surged 58.17%.
- Tracing BXSL's Share-based Compensation over 5 years: stood at $12.9 million in 2022, then slumped by 57.93% to $5.4 million in 2023, then slipped by 6.67% to $5.1 million in 2024, then jumped by 38.82% to $7.1 million in 2025, then gained by 15.01% to $8.1 million in 2026.
- The last three Share-based Compensation figures came in at $8.1 million (Q1 2026), $7.1 million (Q4 2025), and $5.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.86 Bn | 164.99 Bn | - | 57.00 Mn |
| 2 | Blackstone | 115.42 Bn | 112.92 Bn | - | 354.60 Mn |
| 3 | Kkr | 97.68 Bn | -179.40 Bn | - | 225.86 Mn |
| 4 | Brookfield | 93.64 Bn | 46.23 Bn | - | - |
| 5 | Brookfield Asset Management | 83.76 Bn | 82.26 Bn | - | 42.00 Mn |
| 6 | Apollo Global Management | 78.90 Bn | 53.53 Bn | 10.54 Bn | 246.00 Mn |
| 7 | Ameriprise Financial | 51.27 Bn | 40.23 Bn | 4.72 Bn | 50.00 Mn |
| 8 | State Street | 51.24 Bn | 51.24 Bn | - | - |
| 9 | Raymond James Financial | 33.97 Bn | 20.71 Bn | - | 50.00 Mn |
| 10 | Blackstone Secured Lending Fund | 5.79 Bn | 5.53 Bn | - | 8.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.71 Mn |
| Jun 30, 2026 | 8.71 Mn |
| 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 |