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| Date | Value |
|---|---|
| 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 |