Sixth Street Specialty Lending (TSLX) Operating Income (2024 - 2026)
Sixth Street Specialty Lending's (TSLX) quarterly Operating Income came in at $41.0 million in Q1 2026, down 30.82% year-on-year from $59.3 million in Q1 2025, and down 20.76% quarter-over-quarter from $51.8 million in Q4 2025.
Sixth Street Specialty Lending (TSLX) Operating Income (2024 - 2026) Analysis & Trends
Sixth Street Specialty Lending has disclosed Operating Income across 3 years of filings, most recently posting $41.0 million for Q1 2026.
- Operating Income for Q1 2026 came in at $41.0 million, down 30.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $197.0 million (down 14.36% YoY), and the FY2025 annual result 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.
- The 3-year median for Operating Income is $53.2 million (2024), against an average of $53.4 million.
- Across the five-year window, Operating Income climbed 11.49% in 2025 and plunged 30.82% in 2026, its largest moves.
- Sixth Street Specialty Lending's Operating Income stood at $58.8 million in 2024, then retreated by 11.84% to $51.8 million in 2025, then retreated by 20.76% to $41.0 million in 2026.
- The last three Operating Income figures came in at $41.0 million (Q1 2026), $51.8 million (Q4 2025), and $52.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 160.20 Bn | 150.57 Bn | - | 2.81 Bn |
| 2 | Blackstone | 96.40 Bn | 95.35 Bn | - | - |
| 3 | Kkr | 85.87 Bn | 133.39 Bn | - | 1.99 Bn |
| 4 | Apollo Global Management | 79.90 Bn | 98.63 Bn | 5.04 Bn | 79.00 Mn |
| 5 | State Street | 46.62 Bn | 20.95 Bn | - | - |
| 6 | Ameriprise Financial | 42.78 Bn | 42.65 Bn | 4.57 Bn | 901.00 Mn |
| 7 | Northern Trust | 32.35 Bn | 32.35 Bn | - | - |
| 8 | Ares Management | 30.25 Bn | 33.62 Bn | - | - |
| 9 | Raymond James Financial | 30.24 Bn | 18.99 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 |