Oaktree Specialty Lending (OCSL) EBITDA (2021 - 2026)
Oaktree Specialty Lending's (OCSL) quarterly EBITDA came in at $32.8 million in Q2 2026, down 72.05% year-over-year from $117.4 million in Q2 2025, and down 4.49% quarter-over-quarter from $34.4 million in Q1 2026.
Analysis
Oaktree Specialty Lending (OCSL) EBITDA (2021 - 2026) Analysis & Trends
Oaktree Specialty Lending has disclosed EBITDA across 6 years of filings, most recently posting $32.8 million for Q2 2026.
- In Q2 2026, EBITDA fell 72.05% year-over-year to $32.8 million; the TTM figure through Jun 2026 stood at $221.3 million (down 41.14% YoY), while the FY2025 annual figure was $153.5 million, down 12.31% from the prior year.
- EBITDA came in at $32.8 million for Q2 2026 at Oaktree Specialty Lending, down from $34.4 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $133.3 million in Q2 2023 to a low of $32.8 million in Q2 2026.
- Average EBITDA over 5 years is $67.7 million, with a median of $44.4 million recorded in 2023.
- Year-over-year, EBITDA surged 230.14% in 2023 and tumbled 72.05% in 2026.
- Over 5 years, EBITDA stood at $38.9 million in 2022, then increased by 13.64% to $44.2 million in 2023, then grew by 0.85% to $44.6 million in 2024, then retreated by 17.6% to $36.7 million in 2025, then declined by 10.61% to $32.8 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were $32.8 million in Q2 2026, $34.4 million in Q1 2026, and $36.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - | 367.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - | 178.20 Mn |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - | 176.89 Mn |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - | 93.80 Mn |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - | 139.07 Mn |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - | 92.92 Mn |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - | - |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - | 85.22 Mn |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - | 5.81 Mn |
| 10 | Oaktree Specialty Lending | 1.15 Bn | 1.11 Bn | - | 32.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.82 Mn |
| Mar 31, 2026 | 34.37 Mn |
| Dec 31, 2025 | 36.72 Mn |
| Jun 30, 2025 | 117.44 Mn |
| Mar 31, 2025 | 83.90 Mn |
| Dec 31, 2024 | 44.57 Mn |
| Jun 30, 2024 | 130.13 Mn |
| Mar 31, 2024 | 85.56 Mn |
| Dec 31, 2023 | 44.19 Mn |
| Jun 30, 2023 | 133.28 Mn |
| Mar 31, 2023 | 84.86 Mn |
| Dec 31, 2022 | 38.89 Mn |
| Jun 30, 2022 | 40.37 Mn |
| Mar 31, 2022 | 40.10 Mn |
| Dec 31, 2021 | 35.60 Mn |
| Sep 30, 2021 | 1.68 Mn |