Blue Owl Capital (OBDC) Operating Income (2021 - 2026)
Blue Owl Capital (OBDC) posted Operating Income of $176.9 million for Q2 2026, up 9.45% on a QoQ basis from $161.6 million in Q1 2026, and down 19.23% year-over-year from $219.0 million in Q2 2025.
Analysis
Blue Owl Capital (OBDC) Operating Income (2021 - 2026) Analysis & Trends
Blue Owl Capital has reported Operating Income for 6 years, with the latest figure at $176.9 million in Q2 2026.
- On a quarterly basis, Operating Income fell 19.23% year-over-year to $176.9 million in Q2 2026; TTM through Jun 2026 was $726.8 million, a 8.83% decrease from a year earlier, with the FY2025 full-year figure at $812.4 million, up 7.93% from the prior year.
- Operating Income was $176.9 million for Q2 2026 at Blue Owl Capital, up from $161.6 million in the prior quarter.
- The five-year high for Operating Income was $219.0 million in Q2 2025, with the low at $123.2 million in Q1 2022.
- Average Operating Income over 5 years is $179.6 million, with a median of $188.2 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Operating Income surged 49.2% in 2023, then retreated 21.18% in 2026.
- Over 5 years, Operating Income stood at $164.3 million in 2022, then rose by 23.75% to $203.3 million in 2023, then dropped by 9.15% to $184.7 million in 2024, then gained by 5.66% to $195.1 million in 2025, then retreated by 9.35% to $176.9 million in 2026.
- The last three Operating Income figures came in at $176.9 million (Q2 2026), $161.6 million (Q1 2026), and $195.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.74 Bn | - | 367.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.63 Bn | 5.37 Bn | - | 178.20 Mn |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - | 176.89 Mn |
| 4 | Main Street Capital | 5.20 Bn | 5.15 Bn | - | 93.80 Mn |
| 5 | Blue Owl Technology Finance | 4.94 Bn | 4.73 Bn | - | 139.07 Mn |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | 92.92 Mn |
| 7 | FS KKR Capital | 3.33 Bn | 3.22 Bn | - | - |
| 8 | Golub Capital Bdc | 3.31 Bn | 3.26 Bn | - | 85.22 Mn |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | 5.81 Mn |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 32.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 176.89 Mn |
| Mar 31, 2026 | 161.62 Mn |
| Dec 31, 2025 | 195.14 Mn |
| Sep 30, 2025 | 193.18 Mn |
| Jun 30, 2025 | 218.99 Mn |
| Mar 31, 2025 | 205.05 Mn |
| Dec 31, 2024 | 184.68 Mn |
| Sep 30, 2024 | 188.47 Mn |
| Jun 30, 2024 | 191.54 Mn |
| Mar 31, 2024 | 188.01 Mn |
| Dec 31, 2023 | 203.29 Mn |
| Sep 30, 2023 | 192.78 Mn |
| Jun 30, 2023 | 189.06 Mn |
| Mar 31, 2023 | 181.24 Mn |
| Dec 31, 2022 | 164.28 Mn |
| Sep 30, 2022 | 148.38 Mn |
| Jun 30, 2022 | 126.71 Mn |
| Mar 31, 2022 | 123.16 Mn |
| Dec 31, 2021 | 138.86 Mn |
| Sep 30, 2021 | 132.18 Mn |