Blue Owl Capital (OWL) Operating Expenses (2020 - 2026)

Blue Owl Capital's Operating Expenses history runs 7 years deep, the most recent figure standing at $644.3 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 6.29% year-over-year to $644.3 million; the TTM figure through Mar 2026 stood at $2.5 billion (up 26.58% YoY), while the FY2025 annual figure was $2.4 billion, up 42.95% from the prior year.
• Operating Expenses was $644.3 million for Q1 2026 at Blue Owl Capital, up from $588.6 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $644.3 million in Q1 2026 to a low of $298.7 million in Q1 2022.
• Historically, Operating Expenses has averaged $443.1 million across 5 years, with a median of $377.3 million in 2023.
• Biggest YoY gain for Operating Expenses was 375.32% in 2022; the steepest drop was 73.93% in 2022.
• A 5-year view of Operating Expenses shows it stood at $367.5 million in 2022, then grew by 2.65% to $377.3 million in 2023, then jumped by 30.55% to $492.5 million in 2024, then gained by 19.5% to $588.6 million in 2025, then climbed by 9.47% to $644.3 million in 2026.
• The last three Operating Expenses figures came in at $644.3 million (Q1 2026), $588.6 million (Q4 2025), and $615.3 million (Q3 2025), per Business Quant data.