Sixth Street Specialty Lending (TSLX) Operating Income (2023 - 2026)
Sixth Street Specialty Lending (TSLX) posted Operating Income of $41.0 million for Q1 2026, down 18.72% sequentially from $50.5 million in Q4 2025, and down 29.2% YoY from $58.0 million in Q1 2025.
Sixth Street Specialty Lending (TSLX) Operating Income (2023 - 2026) Analysis & Trends
Sixth Street Specialty Lending has reported Operating Income for 4 years, with the latest figure at $41.0 million in Q1 2026.
- Quarterly Operating Income fell 29.2% year-over-year to $41.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $193.1 million (down 14.43% YoY) and the FY2025 annual result came in at $210.0 million, down 6.24% from the prior year.
- Operating Income fell to $41.0 million in Q1 2026 per TSLX's latest filing, from $50.5 million in the prior quarter.
- Over five years, Operating Income peaked at $58.0 million in Q1 2025 and troughed at $41.0 million in Q1 2026.
- A 4-year average of $51.3 million and a median of $50.8 million in 2025 frame the typical range for Operating Income.
- The sharpest annual moves came in 2024 and 2026: Operating Income rose 21.95% in 2024, then retreated 29.2% in 2026.
- Over 4 years, Operating Income stood at $54.7 million in 2023, then climbed by 5.31% to $57.6 million in 2024, then fell by 12.31% to $50.5 million in 2025, then dropped by 18.72% to $41.0 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $41.0 million, $50.5 million, and $50.7 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 | 176.99 Bn | 163.12 Bn | - | 2.46 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | - |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 2.04 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | - |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | - |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 5.35 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | - |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 1.22 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | - |
| 10 | Sixth Street Specialty Lending | 1.79 Bn | 1.59 Bn | 97.48 Mn | 42.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 42.19 Mn |
| Mar 31, 2026 | 41.05 Mn |
| Dec 31, 2025 | 50.50 Mn |
| Sep 30, 2025 | 50.68 Mn |
| Jun 30, 2025 | 50.84 Mn |
| Mar 31, 2025 | 57.98 Mn |
| Dec 31, 2024 | 57.59 Mn |
| Sep 30, 2024 | 54.93 Mn |
| Jun 30, 2024 | 55.14 Mn |
| Mar 31, 2024 | 52.36 Mn |
| Dec 31, 2023 | 54.68 Mn |
| Sep 30, 2023 | 49.99 Mn |
| Jun 30, 2023 | 48.78 Mn |
| Mar 31, 2023 | 42.94 Mn |