NYSE$OTF

Blue Owl Technology Finance Corp · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

Blue Owl Technology Finance reported Q1 2026 total investment income of $325.9M and net investment income of $171.3M.

The BDC reported total investment income of $325.9 million and net investment income after taxes of $171.3 million. Net decrease in net assets from operations was $(219.9) million, or $(0.47) per share, driven by large unrealized markdowns on venture and tech credit positions, compared with net increase of $78.1 million and $0.33 per share in Q1 2025.

  • Total investment income $325.9M.
  • Net investment income $171.3M after tax.
  • Unrealized losses $(494)M on portfolio marks.
  • Distributions supported by NII despite NAV volatility.

Headline financials

Total Revenue

$376M

Previous: $102M+269.1%
EPS (adj)

-$0.47

Previous: $0.33-242.4%
Net Income

-$220M

Previous: $78.1M-381.4%

Revenue & EPS history

Blue Owl Technology Finance Corp · Revenue · Quarterly

$376M

Q1 2026+269.1%vs Q1 2025
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Forward guidance

Management discusses origination pace, private credit spreads, and NAV stability; BDC investors focus on NII and dividend coverage.

Tailwinds

  • High net investment income supports dividends.
  • Interest income grew with portfolio scale.

Headwinds

  • Large unrealized losses reduced GAAP earnings.
  • Tech and software credit marks remain volatile.

Historical earnings impact

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

Avg. return before/after earnings

Based on 3 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.4%

Avg return

Earnings day

-7.5%

Avg return

5 days after

-0.7%

Avg return

30 days after

67%

2 / 3 earnings

Positive

+0.9%

Q1 2026

Best reaction

-2.5%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.9%-7.8%-2.9%
Q4 2025-2.5%-8.7%-1.0%
Q3 2025+0.5%-5.9%+1.8%
Q1 2025
Q3 2024
Q2 2024
Q1 2024
Q3 2023
Q2 2023
Q1 2023

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