Growth Metrics

Blue Owl Technology Finance (OTF) Free Cash Flow (2022 - 2026)

Blue Owl Technology Finance (OTF) reported Free Cash Flow of -$197.3 million for Q1 2026, down 136.38% year-over-year from $542.2 million in Q1 2025, and up 83.65% on a QoQ basis from -$1.2 billion in Q4 2025.

Blue Owl Technology Finance (OTF) has 5 years of Free Cash Flow data on file, last reported at -$197.3 million in Q1 2026.

  • Quarterly Free Cash Flow fell 136.38% year-over-year to -$197.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.7 billion (down 413.9% YoY) and the FY2025 annual result came in at -$916.0 million, down 1527.83% from the prior year.
  • Free Cash Flow rose to -$197.3 million in Q1 2026 per OTF's latest filing, from -$1.2 billion in the prior quarter.
  • Across five years, Free Cash Flow topped out at $542.2 million in Q1 2025 and bottomed at -$1.2 billion in Q4 2025.
  • The 5-year median for Free Cash Flow is -$15.4 million (2022), against an average of -$37.4 million.
  • Peak annual rise in Free Cash Flow reached 586.4% in 2025, while the deepest fall reached 1683.94% in 2025.
  • Tracing OTF's Free Cash Flow over 5 years: stood at -$107.2 million in 2022, then soared by 335.61% to $252.5 million in 2023, then tumbled by 35.94% to $161.7 million in 2024, then tumbled by 846.06% to -$1.2 billion in 2025, then jumped by 83.65% to -$197.3 million in 2026.
  • Per Business Quant, the three latest OTF Free Cash Flow figures stand at -$197.3 million (Q1 2026), -$1.2 billion (Q4 2025), and $158.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -1.09 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 957.64 Mn
3 Kkr 84.94 Bn 132.45 Bn - 1.72 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 332.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 1.62 Bn
6 State Street 44.42 Bn 18.75 Bn - -12.41 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 430.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - -329.40 Mn
9 Ares Management 28.85 Bn 32.22 Bn - 390.87 Mn
10 Blue Owl Technology Finance 5.27 Bn 4.79 Bn - -197.26 Mn

Historic Data

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DateValue
Mar 31, 2026 -197.26 Mn
Mar 31, 2026 -197.26 Mn
Dec 31, 2025 -1.21 Bn
Dec 31, 2025 -1.21 Bn
Sep 30, 2025 158.69 Mn
Sep 30, 2025 158.69 Mn
Jun 30, 2025 -410.16 Mn
Jun 30, 2025 -410.16 Mn
Mar 31, 2025 542.22 Mn
Mar 31, 2025 542.22 Mn
Dec 31, 2024 161.74 Mn
Dec 31, 2024 161.74 Mn
Sep 30, 2024 -153.60 Mn
Sep 30, 2024 -153.60 Mn
Jun 30, 2024 -22.99 Mn
Jun 30, 2024 -22.99 Mn
Mar 31, 2024 79.00 Mn
Mar 31, 2024 79.00 Mn
Dec 31, 2023 252.47 Mn
Dec 31, 2023 252.47 Mn
Sep 30, 2023 237.80 Mn
Sep 30, 2023 237.80 Mn
Jun 30, 2023 205.90 Mn
Jun 30, 2023 205.90 Mn
Mar 31, 2023 12.19 Mn
Mar 31, 2023 12.19 Mn
Dec 31, 2022 -107.16 Mn
Dec 31, 2022 -107.16 Mn
Sep 30, 2022 -52.77 Mn
Sep 30, 2022 -52.77 Mn
Jun 30, 2022 -119.99 Mn
Jun 30, 2022 -119.99 Mn
Mar 31, 2022 -15.36 Mn
Mar 31, 2022 -15.36 Mn