NYSE$BXSL
Blackstone Secured Lending Fund · Q3 2025 earnings
Q3 2025 earnings · · Before market open · Investor relations
Briefing
Blackstone Secured Lending reported Q3 2025 total investment income of $358.6M with net investment income of $189.5M.
Third-quarter total investment income rose 4% to $358.6 million on a larger average portfolio. Net investment income after tax was $189.5 million ($0.82 per share) as the BDC benefited from floating-rate assets.
- Total investment income $358.6M (+4% YoY).
- NII after tax $189.5M; EPS $0.82.
- Average investments ~$13.5B at fair value.
- Portfolio yield and origination pace key.
Headline financials
Revenue & EPS history
Blackstone Secured Lending Fund · Revenue · Quarterly
-$98M
Forward guidance
The filing outlines Blackstone Secured Lending Fund's outlook, including capital allocation, operating priorities, and sector risks relevant to upcoming periods.
Tailwinds
- Blackstone Secured Lending Fund discusses operational execution and demand trends in the filing.
- Balance sheet and liquidity actions support the business plan.
- Net investment income and dividends remain central.
- Floating-rate assets benefit from rate backdrop.
Headwinds
- Macro, pricing, and cost inflation may pressure margins.
- Segment mix and one-time items can affect comparability.
- Credit marks and spreads can swing quarterly earnings.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2025
+0.5%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+0.6%
Avg return
30 days after
50%
10 / 20 earnings
Positive
+5.0%
Q2 2022
Best reaction
-4.6%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.8% | -3.1% | -3.9% | |
| Q4 2025 | +3.3% | +1.5% | -1.4% | |
| Q3 2025 | +0.3% | +0.6% | +7.0% | |
| Q2 2025 | -3.1% | -2.6% | -6.1% | |
| Q1 2025 | +0.9% | +4.0% | +8.6% | |
| Q4 2024 | -3.7% | -1.4% | -3.1% | |
| Q3 2024 | -0.5% | -0.9% | +3.2% | |
| Q2 2024 | +1.8% | +1.7% | +1.7% | |
| Q1 2024 | -1.2% | -3.2% | -2.6% | |
| Q4 2023 | -1.1% | -0.8% | +4.0% | |
| Q3 2023 | -1.1% | -0.8% | -0.5% | |
| Q2 2023 | -4.6% | -3.8% | -3.2% | |
| Q1 2023 | -0.9% | -1.2% | +1.2% | |
| Q4 2020 | +2.4% | +2.4% | +2.6% | |
| Q4 2022 | +2.4% | +2.4% | +2.6% | |
| Q3 2021 | +3.9% | +5.3% | +0.9% | |
| Q3 2022 | +3.9% | +5.3% | +0.9% | |
| Q2 2022 | +5.0% | +3.9% | +3.5% | |
| Q1 2022 | +2.8% | +1.0% | -1.5% | |
| Q4 2021 | -0.8% | +3.1% | -2.6% |
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