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

Oaktree Specialty Lending has disclosed Operating Margin across 6 years of filings, most recently posting 47.27% for Q2 2026.

• In Q2 2026, Operating Margin fell 176.0% year-over-year to 47.27%; the TTM figure through Jun 2026 stood at 48.71% (up 34.0% YoY), while the FY2025 annual figure was 48.45%, up 259.0% from the prior year.
• Operating Margin came in at 47.27% for Q2 2026 at Oaktree Specialty Lending, down from 48.83% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 63.94% in Q2 2022 to a low of 44.56% in Q1 2024.
• Average Operating Margin over 5 years is 50.24%, with a median of 48.86% recorded in 2026.
• Year-over-year, Operating Margin slumped 1589 bps in 2023 and soared 653 bps in 2025.
• Over 5 years, Operating Margin stood at 49.11% in 2022, then fell by 8 bps to 45.1% in 2023, then gained by 14 bps to 51.43% in 2024, then fell by 5 bps to 48.9% in 2025, then retreated by 3 bps to 47.27% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 47.27% in Q2 2026, 48.83% in Q1 2026, and 48.9% in Q4 2025.