Blackstone Secured Lending Fund

NYSE:BXSLFinancial Services

$23.61+0.47%At closeAt close · Wed 21 Oct · ≈ AED 86.71 · Market cap $5.5B · Next earnings Wed 4 Nov · Extended $23.61 +0.00%

USD billions	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	TTM	YoY
Revenue	0.2	0.6	0.6	0.9	1.0	1.3	1.2	−7.0%
Cost of revenue	0.1	0.1	0.2	0.3	0.3	0.3	0.2	−22.8%
Gross profit	0.3	0.5	0.4	0.6	0.7	1.0	1.0	−2.7%
Research & development	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Selling, general & administrative	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Selling & marketing	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Operating expenses	(0.1)	0.0	(0.0)	(0.0)	0.0	0.0	—	—
Operating income	0.2	0.5	0.4	0.6	0.7	1.0	0.7	−27.5%
Interest expense	0.1	0.1	0.2	0.3	0.3	0.4	0.4	+4.2%
Interest income	0.0	0.6	0.8	1.1	1.3	1.4	0.3	−76.1%
Other income / expense	(0.0)	0.0	0.0	0.0	0.0	(0.4)	—	—
Pre-tax income	0.2	0.5	0.4	0.6	0.7	0.6	0.3	−48.0%
Income tax	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−60.5%
Net income	0.2	0.5	0.4	0.6	0.7	0.6	0.3	−47.9%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Other net income adjustments	0.0	0.0	0.0	0.0	0.0	0.0	—	—
EPS, basic (per share)	2.29	3.19	2.44	3.65	3.45	2.46	1.27	−48.6%
EPS, diluted (per share)	2.29	3.19	2.44	3.65	3.45	2.46	1.27	−48.6%
EBITDA	0.0	0.5	0.4	0.6	0.7	0.9	0.8	−11.4%
Depreciation & amortization	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Weighted average shares (shares)	95,333,867	144,510,122	166,072,919	167,615,433	201,372,008	229,162,028	—	—
Weighted average diluted shares (shares)	95,333,867	144,510,122	166,072,919	167,615,433	201,372,008	229,162,028	—	—
Gross margin	135.6%	80.4%	66.2%	70.7%	69.8%	78.6%	82.2%	+3.6 pts
Operating margin	101.7%	78.8%	69.5%	71.9%	67.6%	75.8%	59.1%	−16.7 pts
Net margin	91.7%	78.4%	69.3%	70.0%	66.3%	44.5%	24.9%	−19.6 pts