NYSE · TSLX
Sixth Street Specialty Lending financials
$18.34+1.27%
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 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $449.1M | $482.5M | $438.1M | $309.3M | $278.6M | $270.0M |
| Gross profit | $319.5M | $328.4M | $304.4M | $246.3M | $239.8M | $230.6M |
| Gross margin | 71.1% | 68.1% | 69.5% | 79.6% | 86.1% | 85.4% |
| Operating income | $215.3M | $224.0M | $198.8M | $168.9M | $142.7M | $152.8M |
| Net income | $170.5M | $186.6M | $222.0M | $108.1M | $211.8M | $178.1M |
| Net margin | 38.0% | 38.7% | 50.7% | 34.9% | 76.0% | 66.0% |
| Diluted EPS | $1.81 | $2.03 | $2.61 | $1.38 | $2.79 | $2.65 |
| EBITDA | $215.3M | $224.0M | $198.8M | $168.9M | $142.7M | $152.8M |
| Operating cash flow | $401.6M | -$45.5M | -$236.8M | -$224.5M | $2.5M | $145.1M |
| Free cash flow | $401.6M | -$45.5M | -$236.8M | -$224.5M | $2.5M | $145.1M |
| Diluted shares | 94.1M | 92.0M | 85.1M | 78.2M | 77.7M | 67.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $19.7M | $27.3M | $25.2M | $25.6M | $16.0M |
| Short-term investments | $3.35B | $3.52B | $3.28B | $2.79B | $2.52B |
| Total debt | $1.74B | $1.90B | $1.78B | $1.44B | $1.19B |
| Total assets | $3.42B | $3.58B | $3.34B | $2.84B | $2.55B |
| Total liabilities | $1.81B | $1.97B | $1.85B | $1.50B | $1.28B |
| Shareholders' equity | $1.61B | $1.61B | $1.50B | $1.34B | $1.28B |
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