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

Blue Owl Capital has reported Operating Expenses over the past 5 years, most recently at $252.6 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 20.46% year-over-year to $252.6 million; the TTM value through Dec 2025 reached $1.0 billion, up 23.09%, while the annual FY2025 figure was $1.0 billion, 23.09% up from the prior year.
  • Operating Expenses for Q4 2025 was $252.6 million at Blue Owl Capital, down from $259.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $266.8 million in Q2 2025 and troughed at $137.0 million in Q3 2021.
  • A 5-year average of $201.0 million and a median of $205.7 million in 2023 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: skyrocketed 39.97% in 2023 and later increased 0.02% in 2024.
  • Year by year, Operating Expenses stood at $142.8 million in 2021, then skyrocketed by 30.44% to $186.2 million in 2022, then rose by 11.66% to $207.9 million in 2023, then grew by 0.85% to $209.7 million in 2024, then grew by 20.46% to $252.6 million in 2025.
  • Business Quant data shows Operating Expenses for OBDC at $252.6 million in Q4 2025, $259.9 million in Q3 2025, and $266.8 million in Q2 2025.