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| Date | Value |
|---|---|
| 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 |