NYSE · BXSL
Blackstone Secured Lending Fund financials
$24.63+0.98%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $156.2M | $171.8M | $298.2M | $301.5M | $323.9M | $318.8M | $332.4M | $309.0M | $350.2M | $321.9M | $289.1M | $294.2M |
| Gross profit | $55.1M | $71.6M | $196.5M | $206.8M | $231.7M | $225.8M | $240.0M | $220.8M | $271.3M | $255.1M | $220.8M | $228.9M |
| Gross margin | 35.3% | 41.7% | 65.9% | 68.6% | 71.5% | 70.8% | 72.2% | 71.5% | 77.5% | 79.3% | 76.4% | 77.8% |
| Operating income | $9.5M | $29.3M | $130.1M | $136.7M | $155.0M | $154.0M | $166.3M | $155.6M | $199.6M | $187.1M | $161.5M | $176.0M |
| Net income | $9.5M | $25.2M | $126.2M | $132.4M | $155.0M | $149.8M | $162.5M | $151.7M | $196.2M | $183.8M | $157.3M | $171.0M |
| Net margin | 6.1% | 14.7% | 42.3% | 43.9% | 47.9% | 47.0% | 48.9% | 49.1% | 56.0% | 57.1% | 54.4% | 58.1% |
| Diluted EPS | $0.04 | $0.11 | $0.55 | $0.57 | $0.68 | $0.66 | $0.75 | $0.75 | $1.01 | $0.96 | $0.88 | $1.01 |
| EBITDA | $9.5M | $29.3M | $130.1M | $136.7M | $155.0M | $154.0M | $166.3M | $155.6M | $199.6M | $187.1M | $161.5M | $176.0M |
| Operating cash flow | $561.0M | $249.3M | -$229.7M | -$432.6M | -$221.1M | $424.7M | -$903.9M | -$517.7M | -$709.2M | -$395.5M | -$127.9M | -$90.4M |
| Free cash flow | $561.0M | $249.3M | -$229.7M | -$432.6M | -$221.1M | $424.7M | -$903.9M | -$517.7M | -$709.2M | -$395.5M | -$127.9M | -$90.4M |
| Diluted shares | 232.6M | 232.2M | 231.4M | 230.5M | 228.2M | 226.6M | 217.6M | 203.4M | 193.9M | 190.6M | 179.0M | 169.8M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $267.2M | $351.3M | $289.6M | $249.9M | $273.7M | $965.0M |
| Short-term investments | $13.36B | $13.94B | $14.21B | $13.81B | $13.25B | $12.84B |
| Total debt | $7.54B | $8.03B | $8.08B | $7.66B | $7.09B | $7.38B |
| Total assets | $13.79B | $14.44B | $14.66B | $14.26B | $13.71B | $13.97B |
| Total liabilities | $7.85B | $8.34B | $8.41B | $7.99B | $7.42B | $7.73B |
| Shareholders' equity | $5.94B | $6.10B | $6.25B | $6.27B | $6.29B | $6.24B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology