Blackstone Secured Lending Fund
Blackstone Secured Lending Fund
Blackstone Secured Lending Fund (BXSL) — SEC Financial Statements & Analysis
Blackstone Secured Lending Fund (BXSL) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Investment Unaffiliated Issuer | 14,257 | 14,349 | 595 | 375 | 12,925 | 13,167 | 675 | 808 | 10,497 | 9,934 | 198 | 9,353 | |||||
Investment Affiliated Issuer Noncontrolled | 40 | 39 | 10 | 0 | 27 | 27 | 1 | 25 | 0 | 0 | 0 | 0 | |||||
Affiliated Entity | 5 | 5 | -1 | -1 | 7 | 7 | 0 | 0 | 0 | 9 | 0 | 0 | |||||
Assets | |||||||||||||||||
Investment Owned At Fair Value | 13,942 | 14,207 | 13,810 | 13,253 | 12,834 | 13,093 | 11,979 | 11,294 | 10,439 | 9,868 | 9,500 | 9,289 | |||||
Cash And Cash Equivalents At Carrying Value | 351 | 290 | 250 | 274 | 965 | 230 | 194 | 291 | 148 | 155 | 146 | 147 | |||||
Receivables From Brokers Dealers And Clearing Orga… | 2 | 11 | 11 | 11 | 10 | 5 | 2 | 2 | - | 0 | - | - | |||||
Debt Issuance Costs Line Of Credit Arrangements Ne… | 19 | 20 | 21 | 20 | 21 | 22 | 16 | 13 | 15 | 16 | 15 | 16 | |||||
Receivable Investment Sale | 2 | 3 | 17 | 23 | 8 | 3 | 55 | 53 | 0 | 1 | 61 | 45 | |||||
Derivative Assets | - | - | - | - | - | - | 13 | 2 | - | - | - | - | |||||
Derivative Asset After Offset Subject To Master Ne… | 23 | 20 | 42 | 20 | 24 | 4 | - | - | - | 0 | - | - | |||||
Assets | 14,437 | 14,656 | 14,256 | 13,711 | 13,969 | 13,472 | 12,372 | 11,770 | 10,705 | 10,135 | 9,802 | 9,572 | |||||
Liabilities | |||||||||||||||||
Long Term Debt | 8,034 | 8,080 | 7,657 | 7,091 | 7,383 | 7,056 | 6,389 | 6,084 | 5,274 | 4,912 | 4,962 | 4,978 | |||||
Payable Investment Purchase | 11 | 2 | 6 | 2 | 28 | 19 | 5 | 6 | 19 | 9 | 11 | 20 | |||||
Management Fee Payable | 36 | 36 | 35 | 35 | 34 | 32 | 30 | 28 | 26 | 23 | 18 | 18 | |||||
Incentive Fee Payable Income Based | 2 | 26 | 31 | 35 | - | 39 | - | - | - | - | - | - | |||||
Incentive Fee Payable Capital Gain Based | 0 | 0 | 0 | 0 | - | 0 | - | - | - | - | - | - | |||||
Interest Payable Current And Noncurrent | 61 | 62 | 58 | 65 | 58 | 54 | 24 | 44 | 30 | 40 | 27 | 45 | |||||
Distribution Payable | 179 | 179 | 178 | 177 | 175 | 171 | 161 | 153 | 148 | 143 | 134 | 116 | |||||
Accrued Liabilities And Other Liabilities | 8 | 21 | 17 | 12 | 8 | 17 | 12 | 8 | 4 | 13 | 8 | 4 | |||||
Liabilities | 8,337 | 8,411 | 7,987 | 7,423 | 7,728 | 7,396 | 6,671 | 6,376 | 5,549 | 5,183 | 5,200 | 5,222 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 6,056 | 6,048 | 6,036 | 6,009 | 5,940 | 5,750 | 5,380 | 5,065 | 4,869 | 4,702 | 4,384 | 4,169 | |||||
Retained Earnings Accumulated Deficit | 44 | 197 | 234 | 279 | 301 | 327 | 320 | 330 | 286 | 250 | 219 | 181 | |||||
Stockholders Equity | 6,100 | 6,245 | 6,270 | 6,288 | 6,241 | 6,077 | 5,701 | 5,395 | 5,156 | 4,952 | 4,603 | 4,350 | |||||
Liabilities And Stockholders Equity | 14,437 | 14,656 | 14,256 | 13,711 | 13,969 | 13,472 | 12,372 | 11,770 | 10,705 | 10,135 | 9,802 | 9,572 | |||||
Net Asset Value Per Share | 26.26 | 26.92 | 27.15 | 27.33 | 27.39 | 27.39 | 27.27 | 27.19 | 26.87 | 26.66 | 26.54 | 26.3 | |||||
Investment Owned At Cost | 14,297 | 14,388 | 13,933 | 13,327 | 12,952 | 13,193 | 12,007 | 11,330 | 10,497 | 9,934 | 9,551 | 9,353 | |||||
Restricted Cash And Cash Equivalents | 76 | 89 | 72 | 87 | 68 | 2 | - | - | - | - | - | - | |||||
Deferred Finance Costs Net | 42 | 40 | 35 | 39 | 43 | 35 | 26 | 29 | 24 | 26 | 28 | 30 | |||||
Common Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Common Stock Shares Issued | 232 | 232 | 231 | 230 | 228 | 222 | 209 | 198 | 192 | 186 | 173 | 165 | |||||
Shares Outstanding | 232 | 232 | 231 | 230 | 228 | 222 | 209 | 198 | 192 | 186 | 173 | 165 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.59% | -1.52% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 7.30% | 5.49% | 11.97% | -0.73% | -10.60% | -8.60% | 6.43% | 2.84% | -0.72% | -3.61% | 3.43% | 0.70% |
| 2024 | -0.82% | -1.11% | -0.69% | 0.33% | 0.50% | 6.95% | 3.89% | 6.76% | 11.34% | 0.82% | -9.59% | -1.02% |
| 2023 | 1.45% | 9.67% | 14.48% | -2.54% | -2.20% | -3.24% | 1.91% | 2.39% | 6.02% | 4.39% | 8.32% | 5.94% |
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Insider Transactions
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