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

Blue Owl Technology Finance (OTF) reported Operating Margin of 52.95% for Q1 2026, down 212.0% year-over-year from 47.28% in Q1 2025, and up 33118.24% quarter-over-quarter from 0.16% in Q4 2025.

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

Blue Owl Technology Finance (OTF) has 5 years of Operating Margin data on file, last reported at 52.95% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 52.95%, down 212.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 36.21% (down 1999.0% YoY), and the FY2025 annual result was 45.36%, down 1101.0% from the prior year.
  • Operating Margin advanced to 52.95% in Q1 2026 per OTF's latest filing, from 0.16% in the prior quarter.
  • Over five years, Operating Margin peaked at 65.93% in Q2 2022 and troughed at 0.16% in Q4 2025.
  • A 5-year average of 51.45% and a median of 54.21% in 2022 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2023 and 2025: Operating Margin surged 1019 bps in 2023, then plunged 5403 bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 54.21% in 2022, then rose by 4 bps to 56.37% in 2023, then declined by 4 bps to 54.19% in 2024, then plunged by 100 bps to 0.16% in 2025, then soared by 33118 bps to 52.95% in 2026.
  • Business Quant data shows OTF's Operating Margin at 52.95% in Q1 2026, 0.16% in Q4 2025, and 41.23% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 42.01%
2 Blackstone 96.85 Bn 95.80 Bn - -
3 Kkr 86.45 Bn 133.96 Bn - 46.06%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 1.56%
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 18.44%
7 Northern Trust 31.92 Bn 31.92 Bn - -
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - -
10 Blue Owl Technology Finance 4.94 Bn 4.45 Bn - 52.95%

Historic Data

Download Data
DateValue
Mar 31, 2026 52.95%
Dec 31, 2025 0.16%
Sep 30, 2025 41.23%
Jun 30, 2025 50.25%
Mar 31, 2025 55.07%
Dec 31, 2024 54.19%
Sep 30, 2024 55.65%
Jun 30, 2024 59.85%
Mar 31, 2024 55.68%
Dec 31, 2023 56.37%
Sep 30, 2023 57.60%
Jun 30, 2023 52.89%
Mar 31, 2023 52.44%
Dec 31, 2022 54.21%
Sep 30, 2022 47.41%
Jun 30, 2022 65.93%
Mar 31, 2022 62.71%