Non-Controlled, Non-Affiliated Investments was Blue Owl Technology Finance’s largest revenue line in fiscal 2025, bringing in $1.10B of $1.15B (96%).
| Investment, Issuer Affiliation | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Non-Controlled, Non-Affiliated Investments | $483.44M | $671.54M | $662.75M | $1.10B | |
| Non-Controlled, Affiliated Investments | $11.41M | $12.27M | $21.25M | $45.24M | |
| Investment, Affiliated Issuer, Controlled | — | — | $27.00K | $1.35M | |
| Total | $494.85M | $683.81M | $684.03M | $1.15B |
Blue Owl Technology Finance brought in $1.15B from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 67.5% from $684.03M in fiscal 2024. Non-Controlled, Non-Affiliated Investments was the largest at $1.10B (95.9%), ahead of Non-Controlled, Affiliated Investments at $45.24M (3.9%) and Investment, Affiliated Issuer, Controlled at $1.35M (0.1%).
Compared with fiscal 2024, Non-Controlled, Affiliated Investments grew 112.9% to $45.24M and Non-Controlled, Non-Affiliated Investments grew 65.8% to $1.10B.
Blue Owl Technology Finance began breaking out Investment, Affiliated Issuer, Controlled in fiscal 2024, when it brought in $27.00K.
Blue Owl Technology Finance (OTF) reports its revenue by investment, issuer affiliation. In fiscal 2025, Non-Controlled, Non-Affiliated Investments was its largest revenue line, bringing in $1.10B (95.9% of the total), followed by Non-Controlled, Affiliated Investments at $45.24M (3.9%).
Non-Controlled, Non-Affiliated Investments was Blue Owl Technology Finance's largest revenue line in fiscal 2025, bringing in $1.10B, or 95.9% of the $1.15B total across its three revenue lines.
Non-Controlled, Affiliated Investments grew faster than Non-Controlled, Non-Affiliated Investments in fiscal 2025, up 112.9% from $21.25M to $45.24M. Non-Controlled, Non-Affiliated Investments grew 65.8% to $1.10B.
Every figure comes from Blue Owl Technology Finance's annual financial filings, as reported. Each line keeps the name Blue Owl Technology Finance gives it, and years follow its fiscal calendar.
Blue Owl Technology Finance's revenue by investment, issuer affiliation goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.