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.

• On a quarterly basis, Operating Expenses rose 6.29% year-over-year to $644.3 million in Q1 2026; TTM through Mar 2026 was $2.5 billion, a 26.58% increase from a year earlier, with the FY2025 full-year figure at $2.4 billion, up 42.95% from the prior year.
• Operating Expenses rose to $644.3 million in Q1 2026 per OWL's latest filing, from $588.6 million in the prior quarter.
• Across five years, Operating Expenses topped out at $644.3 million in Q1 2026 and bottomed at $298.7 million in Q1 2022.
• The 5-year median for Operating Expenses is $377.3 million (2023), against an average of $443.1 million.
• Biggest YoY gain for Operating Expenses was 375.32% in 2022; the steepest drop was 73.93% in 2022.
• Year by year, Operating Expenses 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.
• Per Business Quant, the three latest OWL Operating Expenses figures stand at $644.3 million (Q1 2026), $588.6 million (Q4 2025), and $615.3 million (Q3 2025).