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Blue Owl Capital (OWL) Operating Expenses (2020 - 2025)

Blue Owl Capital has reported Operating Expenses over the past 6 years, most recently at $588.6 million for Q4 2025.

  • Quarterly results put Operating Expenses at $588.6 million for Q4 2025, up 19.5% from a year ago — trailing twelve months through Dec 2025 was $2.4 billion (up 42.95% YoY), and the annual figure for FY2025 was $2.4 billion, up 42.95%.
  • Operating Expenses for Q4 2025 was $588.6 million at Blue Owl Capital, down from $615.3 million in the prior quarter.
  • Over the last five years, Operating Expenses for OWL hit a ceiling of $1.3 billion in Q2 2021 and a floor of $62.8 million in Q1 2021.
  • Median Operating Expenses over the past 5 years was $372.1 million (2022), compared with a mean of $432.0 million.
  • Biggest five-year swings in Operating Expenses: soared 3430680.0% in 2021 and later plummeted 73.93% in 2022.
  • Blue Owl Capital's Operating Expenses stood at $222.3 million in 2021, then surged by 65.31% to $367.5 million in 2022, then increased by 2.65% to $377.3 million in 2023, then surged by 30.55% to $492.5 million in 2024, then increased by 19.5% to $588.6 million in 2025.
  • The last three reported values for Operating Expenses were $588.6 million (Q4 2025), $615.3 million (Q3 2025), and $603.8 million (Q2 2025) per Business Quant data.