KPIs & Operating Metrics(New)
Growth Metrics

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

Oaktree Specialty Lending's Operating Expenses history spans 5 years, with the latest figure at $38.4 million for Q4 2025.

  • On a quarterly basis, Operating Expenses fell 8.81% to $38.4 million in Q4 2025 year-over-year; TTM through Dec 2025 was $159.6 million, a 20.64% decrease, with the full-year FY2025 number at $163.3 million, down 20.96% from a year prior.
  • Operating Expenses hit $38.4 million in Q4 2025 for Oaktree Specialty Lending, down from $41.2 million in the prior quarter.
  • Over the last five years, Operating Expenses for OCSL hit a ceiling of $59.9 million in Q3 2023 and a floor of $3.0 million in Q3 2021.
  • Historically, Operating Expenses has averaged $41.0 million across 5 years, with a median of $41.5 million in 2025.
  • Biggest five-year swings in Operating Expenses: soared 1055.54% in 2022 and later decreased 29.41% in 2025.
  • Tracing OCSL's Operating Expenses over 5 years: stood at $30.1 million in 2021, then skyrocketed by 33.92% to $40.3 million in 2022, then skyrocketed by 37.23% to $55.3 million in 2023, then fell by 23.9% to $42.1 million in 2024, then dropped by 8.81% to $38.4 million in 2025.
  • Business Quant data shows Operating Expenses for OCSL at $38.4 million in Q4 2025, $41.2 million in Q3 2025, and $41.7 million in Q2 2025.