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
Download Data| Date | Value |
|---|---|
| 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 |