Oaktree Specialty Lending (OCSL) Interest Expenses (2021 - 2026)
Oaktree Specialty Lending (OCSL) reported Interest Expenses of $24.14 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 22.3% from $31.06 million a year earlier and down 5.8% from the prior quarter.
Oaktree Specialty Lending (OCSL) Interest Expenses (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Oaktree Specialty Lending's Interest Expenses came in at $102.46 million, down 15.9% year-over-year; for FY2025 (ended Sep 30, 2025), it was $115.85 million, down 9.9% from FY2024.
- Interest Expenses has a four-year compound annual growth rate of 39.6% (FY2021 to FY2025).
- By fiscal year, Interest Expenses came in at $128.62 million in FY2024 (+15.2%), $111.64 million in FY2023 (+137.9%), $46.93 million in FY2022 (+53.8%) and $30.52 million in FY2021.
- The fiscal Q3 2026 figure ranks as the lowest quarterly Interest Expenses since fiscal Q1 2023.
- Year over year, Interest Expenses has now declined in each of the last eight quarters, with an average decline of 10.6% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was fiscal Q2 2023 (growth of 180.6%); the low point was fiscal Q3 2026 (a decline of 22.3%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $25.63 million (Q2 2026), $26.66 million (Q1 2026) and $26.03 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 374.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 33.32 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 975.00 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 214.00 Mn |
| 10 | Oaktree Specialty Lending | 1.05 Bn | 796.60 Mn | - | 24.14 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.14 Mn |
| Mar 31, 2026 | 25.63 Mn |
| Dec 31, 2025 | 26.66 Mn |
| Sep 30, 2025 | 26.03 Mn |
| Jun 30, 2025 | 31.06 Mn |
| Mar 31, 2025 | 28.19 Mn |
| Dec 31, 2024 | 30.56 Mn |
| Sep 30, 2024 | 32.06 Mn |
| Jun 30, 2024 | 32.51 Mn |
| Mar 31, 2024 | 31.88 Mn |
| Dec 31, 2023 | 32.17 Mn |
| Sep 30, 2023 | 32.33 Mn |
| Jun 30, 2023 | 30.79 Mn |
| Mar 31, 2023 | 27.80 Mn |
| Dec 31, 2022 | 20.72 Mn |
| Sep 30, 2022 | 15.75 Mn |
| Jun 30, 2022 | 11.87 Mn |
| Mar 31, 2022 | 9.91 Mn |
| Dec 31, 2021 | 9.40 Mn |
Oaktree Specialty Lending Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=OCSL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "OCSL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=OCSL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();