NASDAQ$OCSL

Oaktree Specialty Lending Corporation · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Oaktree Specialty Lending reported Q1 2026.

For Q1 2026, Oaktree Specialty Lending reported . The filing highlights segment trends, liquidity, and management commentary on the period.

  • Oaktree Specialty Lending discusses capital allocation and near-term priorities.
  • Oaktree Specialty Lending discusses capital allocation and near-term priorities.
  • Oaktree Specialty Lending discusses capital allocation and near-term priorities.

Headline financials

Total Revenue

$75.1M

Previous: $69.3M+8.3%
EPS (adj)

$0.41

Previous: $0.54-24.1%
NAV per share

$16.30

Previous: $17.63-7.5%
Debt to equity

1.12

Previous: 1.11+0.9%
Net debt to equity

1.07

Previous: 1.03+3.9%
New commitments

$317M

Previous: $198M+59.8%
Avg yield on debt

9.3%

Previous: 10.7%-13.1%
Cash yield on debt

8.5%

Previous: 9.5%-10.5%
Portfolio yield

9.1%

Previous: 10.2%-10.8%
Non-accrual at FV

3.1%

Previous: 3.9%-20.5%
Non-accrual at cost

6.5%

Previous: 5.1%+27.5%
Floating-rate mix

91.3%

Previous: 87.6%+4.2%
Fixed-rate mix

8.7%

Previous: 12.4%-29.8%
Net Income

$36.7M

Previous: $44.3M-17.2%
Operating Income

$36.7M

Previous: $44.6M-17.6%

Revenue & EPS history

Oaktree · Revenue · Quarterly

$75.1M

Q1 2026+8.3%vs Q1 2025
Beat estimate in 4 of 14 quarters(29%)
ActualEstimate

Revenue by segment

Oaktree · $60.3M total across 3 segments · Q1 2022

  • Interest income
    $55.5M
  • Dividend income
    $3.92M
  • Fee income
    $912K

Forward guidance

Management discusses operating priorities, capital allocation, and sector-specific risks in the quarterly filing.

Tailwinds

  • Headline results and segment commentary anchor the quarter narrative.
  • Balance sheet and liquidity support ongoing operations or returns.
  • Strategic initiatives cited in the release or MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect year-over-year comparability.
  • Execution risk on guidance or restructuring plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-1.4%

Avg return

Earnings day

-2.0%

Avg return

5 days after

-2.6%

Avg return

30 days after

33%

6 / 18 earnings

Positive

+7.3%

Q4 2022

Best reaction

-8.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+0.4%-5.8%-5.3%
Q1 2026+3.0%+2.0%-5.6%
Q4 2025+0.0%+1.1%-3.8%
Q2 2025-7.8%-6.7%+1.6%
Q1 2025-2.8%-2.9%+0.2%
Q4 2024-2.9%-1.9%-6.0%
Q3 2024-8.4%-10.6%-5.0%
Q2 2024-1.9%-2.9%-1.9%
Q1 2024-6.9%-7.2%-7.1%
Q4 2023+0.5%+0.4%+1.4%
Q3 2023-1.7%-0.8%-1.4%
Q2 2023-2.4%-0.7%+1.3%
Q1 2023-1.6%-1.7%-4.4%
Q4 2022+7.3%+7.9%+2.4%
Q3 2022-0.8%-1.1%-4.3%
Q2 2022-1.5%-4.5%-5.4%
Q1 2022+1.1%+0.0%-2.4%
Q4 2021+1.3%-0.8%-1.3%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro