Blue Owl Technology Finance (OTF) Net Margin (2022 - 2026)
Blue Owl Technology Finance (OTF) reported Net Margin of 20.7% for Q1 2026, down 424.0% year-over-year from 6.39% in Q1 2025, and up 167.64% on a QoQ basis from 30.6% in Q4 2025.
Blue Owl Technology Finance (OTF) has 5 years of Net Margin data on file, last reported at 20.7% in Q1 2026.
- Quarterly Net Margin fell 424.0% year-over-year to 20.7% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.79% (down 1964.0% YoY) and the FY2025 annual result came in at 16.64%, down 988.0% from the prior year.
- Net Margin rose to 20.7% in Q1 2026 per OTF's latest filing, from 30.6% in the prior quarter.
- Across five years, Net Margin topped out at 36.1% in Q2 2022 and bottomed at 30.6% in Q4 2025.
- The 5-year median for Net Margin is 24.41% (2024), against an average of 21.84%.
- The widest annual swing landed in 2023, when Net Margin surged 833 bps; it then slumped 5501 bps in 2025.
- Tracing OTF's Net Margin over 5 years: stood at 23.29% in 2022, then grew by 23 bps to 28.72% in 2023, then declined by 15 bps to 24.41% in 2024, then slumped by 225 bps to 30.6% in 2025, then soared by 168 bps to 20.7% in 2026.
- Per Business Quant, the three latest OTF Net Margin figures stand at 20.7% (Q1 2026), 30.6% (Q4 2025), and 13.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 34.73% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 34.77% |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 8.45% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 46.11% |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | -38.15% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 18.57% |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 18.73% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 37.97% |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 8.40% |
| 10 | Blue Owl Technology Finance | 5.27 Bn | 4.79 Bn | - | 20.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.70% |
| Dec 31, 2025 | -30.60% |
| Sep 30, 2025 | 13.99% |
| Jun 30, 2025 | 22.86% |
| Mar 31, 2025 | 24.94% |
| Dec 31, 2024 | 24.41% |
| Sep 30, 2024 | 25.73% |
| Jun 30, 2024 | 30.63% |
| Mar 31, 2024 | 25.18% |
| Dec 31, 2023 | 28.72% |
| Sep 30, 2023 | 27.41% |
| Jun 30, 2023 | 22.59% |
| Mar 31, 2023 | 20.68% |
| Dec 31, 2022 | 23.29% |
| Sep 30, 2022 | 19.07% |
| Jun 30, 2022 | 36.10% |
| Mar 31, 2022 | 35.56% |