Blue Owl Capital (OBDC) Operating Expenses (2021 - 2026)

Blue Owl Capital's Operating Expenses history runs 6 years deep, the most recent figure standing at $235.2 million for Q1 2026.

• On a quarterly basis, Operating Expenses fell 9.41% year-over-year to $235.2 million in Q1 2026; TTM through Mar 2026 was $1.0 billion, a 13.72% increase from a year earlier, with the FY2025 full-year figure at $1.0 billion, up 23.09% from the prior year.
• Operating Expenses slipped to $235.2 million in Q1 2026 per OBDC's latest filing, from $252.6 million in the prior quarter.
• Across five years, Operating Expenses topped out at $266.8 million in Q2 2025 and bottomed at $141.0 million in Q1 2022.
• The 5-year median for Operating Expenses is $207.9 million (2023), against an average of $210.2 million.
• Across the five-year window, Operating Expenses soared 39.97% in 2023 and slipped 9.41% in 2026, its largest moves.
• Year by year, Operating Expenses stood at $186.2 million in 2022, then grew by 11.66% to $207.9 million in 2023, then advanced by 0.85% to $209.7 million in 2024, then advanced by 20.46% to $252.6 million in 2025, then fell by 6.91% to $235.2 million in 2026.
• Per Business Quant, the three latest OBDC Operating Expenses figures stand at $235.2 million (Q1 2026), $252.6 million (Q4 2025), and $259.9 million (Q3 2025).