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Growth Metrics

Sixth Street Specialty Lending (TSLX) Operating Income (2024 - 2026)

Sixth Street Specialty Lending recorded quarterly Operating Income of $41.0 million in Q1 2026, down 20.76% quarter-over-quarter from $51.8 million in Q4 2025, and down 30.82% year-over-year from $59.3 million in Q1 2025.

Sixth Street Specialty Lending's Operating Income history runs 3 years deep, the most recent figure standing at $41.0 million for Q1 2026.

  • In Q1 2026, Operating Income fell 30.82% year-over-year to $41.0 million; the TTM figure through Mar 2026 stood at $197.0 million (down 14.36% YoY), while the FY2025 annual figure was $215.3 million, down 3.86% from the prior year.
  • Operating Income came in at $41.0 million for Q1 2026 at Sixth Street Specialty Lending, down from $51.8 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $59.3 million in Q1 2025 to a low of $41.0 million in Q1 2026.
  • A 3-year average of $53.4 million and a median of $53.2 million in 2024 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income grew 11.49% in 2025 and tumbled 30.82% in 2026, its largest moves.
  • Sixth Street Specialty Lending's Operating Income stood at $58.8 million in 2024, then decreased by 11.84% to $51.8 million in 2025, then decreased by 20.76% to $41.0 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered $41.0 million, $51.8 million, and $52.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 2.81 Bn
2 Blackstone 92.68 Bn 91.63 Bn - -
3 Kkr 84.94 Bn 132.45 Bn - 1.99 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - -
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 79.00 Mn
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 901.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - -
9 Ares Management 28.85 Bn 32.22 Bn - -
10 Sixth Street Specialty Lending - - 92.60 Mn 41.05 Mn

Historic Data

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DateValue
Mar 31, 2026 41.05 Mn
Dec 31, 2025 51.80 Mn
Sep 30, 2025 52.05 Mn
Jun 30, 2025 52.13 Mn
Mar 31, 2025 59.33 Mn
Dec 31, 2024 58.76 Mn
Sep 30, 2024 55.62 Mn
Jun 30, 2024 56.37 Mn
Mar 31, 2024 53.21 Mn