Blue Owl Technology Finance (OTF) Operating Expenses (2022 - 2026)

Blue Owl Technology Finance's (OTF) quarterly Operating Expenses came in at $153.4 million in Q1 2026, up 86.71% year-on-year from $82.1 million in Q1 2025, and up 22320.18% on a QoQ basis from $684000.0 in Q4 2025.

Blue Owl Technology Finance (OTF) Operating Expenses (2022 - 2026) Analysis & Trends

Blue Owl Technology Finance (OTF) has 5 years of Operating Expenses data on file, last reported at $153.4 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 86.71% year-over-year to $153.4 million in Q1 2026; TTM through Mar 2026 was $502.6 million, a 65.2% increase from a year earlier, with the FY2025 full-year figure at $625.9 million, up 109.72% from the prior year.
  • Operating Expenses for Q1 2026 stood at $153.4 million, up from $684000.0 in the prior quarter.
  • Over the last five years, Operating Expenses for OTF reached as high as $189.6 million in Q3 2025 and fell as low as $684000.0 in Q4 2025.
  • Historically, Operating Expenses has averaged $82.7 million across 5 years, with a median of $76.3 million in 2024.
  • On a YoY basis, Operating Expenses climbed as much as 150.11% in 2025 and fell as far as 99.1% in 2025.
  • Year by year, Operating Expenses stood at $68.4 million in 2022, then rose by 13.6% to $77.7 million in 2023, then slipped by 1.73% to $76.4 million in 2024, then plunged by 99.1% to $684000.0 in 2025, then soared by 22320.18% to $153.4 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $153.4 million in Q1 2026, $684000.0 in Q4 2025, and $189.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -14.14 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 3.88 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 2.26 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 4.68 Bn
5 State Street 51.30 Bn 51.30 Bn - 2.81 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 1.51 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 3.12 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 1.18 Bn
10 Blue Owl Technology Finance 4.61 Bn 4.13 Bn - 153.35 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 153.35 Mn
Dec 31, 2025 684,000.00
Sep 30, 2025 189.59 Mn
Jun 30, 2025 158.95 Mn
Mar 31, 2025 82.13 Mn
Dec 31, 2024 76.36 Mn
Sep 30, 2024 75.80 Mn
Jun 30, 2024 69.92 Mn
Mar 31, 2024 76.34 Mn
Dec 31, 2023 77.71 Mn
Sep 30, 2023 73.37 Mn
Jun 30, 2023 80.65 Mn
Mar 31, 2023 76.81 Mn
Dec 31, 2022 68.41 Mn
Sep 30, 2022 68.64 Mn
Jun 30, 2022 36.61 Mn
Mar 31, 2022 40.08 Mn