Blackstone Secured Lending Fund BXSL
NYSE BXSL
$24.31 -0.11 (-0.45%)
As of: Sep 10, 2026 · 3:52 PM EDT

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

Blackstone Secured Lending Fund's (BXSL) quarterly Share-based Compensation came in at $8.7 million in Q2 2026, up 61.88% on a YoY basis from $5.4 million in Q2 2025, and up 7.33% quarter-over-quarter from $8.1 million in Q1 2026.

Analysis

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

Blackstone Secured Lending Fund (BXSL) has reported Share-based Compensation for 6 consecutive years, with $8.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Share-based Compensation rose 61.88% year-over-year to $8.7 million; the trailing twelve-month figure through Jun 2026 stood at $29.4 million (up 42.03% YoY), and the FY2025 full-year result was $23.0 million, up 9.38% from the prior year.
  • Share-based Compensation rose to $8.7 million in Q2 2026 per BXSL's latest filing, from $8.1 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.
  • Historically, Share-based Compensation has averaged $7.4 million across 5 years, with a median of $5.5 million in 2023.
  • The sharpest annual moves came in 2023 and 2026: Share-based Compensation plunged 67.04% in 2023, then soared 61.88% in 2026.
  • Over 5 years, 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 rose by 23.44% to $8.7 million in 2026.
  • According to Business Quant data, Share-based Compensation over the past three periods registered $8.7 million, $8.1 million, and $7.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Ares Capital 14.13 Bn 13.74 Bn - 7.00 Mn
2 Blackstone Secured Lending Fund 5.65 Bn 5.38 Bn - 8.71 Mn
3 Blue Owl Capital 5.48 Bn 5.25 Bn - -
4 Main Street Capital 5.23 Bn 5.17 Bn - 10.65 Mn
5 Blue Owl Technology Finance 4.94 Bn 4.73 Bn - -
6 Hercules Capital 4.66 Bn 4.61 Bn - 3.95 Mn
7 FS KKR Capital 3.34 Bn 3.23 Bn - -
8 Golub Capital Bdc 3.30 Bn 3.26 Bn - -157,000.00
9 PennantPark Floating Rate Capital 2.49 Bn -118.08 Mn - -
10 MidCap Financial Investment 2.07 Bn 2.03 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 8.71 Mn
Mar 31, 2026 8.11 Mn
Dec 31, 2025 7.06 Mn
Sep 30, 2025 5.47 Mn
Jun 30, 2025 5.38 Mn
Mar 31, 2025 5.13 Mn
Dec 31, 2024 5.08 Mn
Sep 30, 2024 5.07 Mn
Jun 30, 2024 5.29 Mn
Mar 31, 2024 5.61 Mn
Dec 31, 2023 5.45 Mn
Sep 30, 2023 4.64 Mn
Jun 30, 2023 5.44 Mn
Mar 31, 2023 5.13 Mn
Dec 31, 2022 12.94 Mn
Sep 30, 2022 11.47 Mn
Jun 30, 2022 16.50 Mn
Mar 31, 2022 11.47 Mn
Dec 31, 2021 9.95 Mn