Oaktree Specialty Lending (OCSL) Operating Expenses (2021 - 2026)

Oaktree Specialty Lending's Operating Expenses history runs 6 years deep, the most recent figure standing at $36.0 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 20.23% year-over-year to $36.0 million; the TTM figure through Mar 2026 stood at $159.3 million (down 13.62% YoY), while the FY2025 annual figure was $184.6 million, down 10.65% from the prior year.
• Operating Expenses came in at $36.0 million for Q1 2026 at Oaktree Specialty Lending, down from $38.4 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $55.1 million in Q2 2024 to a low of $22.8 million in Q2 2022.
• A 5-year average of $43.3 million and a median of $42.1 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses jumped 1030.8% in 2022 and dropped 24.26% in 2025, its largest moves.
• Oaktree Specialty Lending's Operating Expenses stood at $41.0 million in 2022, then jumped by 31.07% to $53.8 million in 2023, then declined by 21.77% to $42.1 million in 2024, then retreated by 8.81% to $38.4 million in 2025, then declined by 6.14% to $36.0 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $36.0 million, $38.4 million, and $43.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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