NYSE · BXSL
Blackstone Secured Lending Fund financials
$24.63+0.98%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $1.24B | $1.31B | $1.10B | $771.1M | $733.4M |
| Gross profit | $860.8M | $987.3M | $835.1M | $567.5M | $613.0M |
| Gross margin | 69.3% | 75.2% | 75.8% | 73.6% | 83.6% |
| Operating income | $579.6M | $708.6M | $628.7M | $405.9M | $462.9M |
| Net income | $563.5M | $694.1M | $612.0M | $404.6M | $460.4M |
| Net margin | 45.3% | 52.8% | 55.6% | 52.5% | 62.8% |
| Diluted EPS | $2.46 | $3.45 | $3.65 | $2.44 | $3.19 |
| EBITDA | $579.6M | $708.6M | $628.7M | $405.9M | $462.9M |
| Operating cash flow | -$458.7M | -$2.53B | $458.8M | $672.9M | -$3.83B |
| Free cash flow | -$458.7M | -$2.53B | $458.8M | $672.9M | -$3.83B |
| Diluted shares | 229.2M | 201.4M | 167.6M | 166.1M | 144.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $289.6M | $229.6M | $154.9M | $131.3M | $102.9M |
| Short-term investments | $14.21B | $13.09B | $9.87B | $9.62B | $9.86B |
| Total debt | $8.08B | $7.06B | $4.91B | $5.53B | $5.51B |
| Total assets | $14.66B | $13.47B | $10.13B | $9.91B | $10.18B |
| Total liabilities | $8.41B | $7.40B | $5.18B | $5.75B | $5.73B |
| Shareholders' equity | $6.25B | $6.08B | $4.95B | $4.16B | $4.45B |
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