Sixth Street Specialty Lending (TSLX) Operating Expenses (2021 - 2026)

Sixth Street Specialty Lending's Operating Expenses history runs 6 years deep, the most recent figure standing at $52.7 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 8.29% year-over-year to $52.7 million; the TTM figure through Mar 2026 stood at $230.7 million (down 8.53% YoY), while the FY2025 annual figure was $235.0 million, down 9.61% from the prior year.
• Operating Expenses came in at $52.7 million for Q1 2026 at Sixth Street Specialty Lending, down from $57.7 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $65.4 million in Q2 2024 to a low of $22.3 million in Q2 2022.
• A 5-year average of $54.6 million and a median of $57.7 million in 2025 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses jumped 160.74% in 2023 and slipped 11.7% in 2025, its largest moves.
• Sixth Street Specialty Lending's Operating Expenses stood at $46.6 million in 2022, then surged by 38.67% to $64.6 million in 2023, then rose by 1.2% to $65.4 million in 2024, then declined by 11.7% to $57.7 million in 2025, then dropped by 8.78% to $52.7 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $52.7 million, $57.7 million, and $57.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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