NYSE$OWL

Blue Owl Capital Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Blue Owl reported Q4 2025 with record fundraising and AUM above $307B.

Blue Owl crossed $300 billion of AUM in Q4 with $17 billion of new capital commitments in the quarter and $56 billion for 2025. The firm declared a $0.225 quarterly dividend per Class A share and highlighted strong institutional and private wealth fundraising.

  • Q4 capital commitments $17B; FY25 $56B.
  • AUM exceeded $307B at Dec. 31, 2025.
  • Quarterly dividend $0.225 per Class A share.
  • Credit, real assets, and GP strategic capital platforms expanded.

Headline financials

Total Revenue

$756M

Previous: $631M+19.7%
EPS (adj)

$0.24

Previous: $0.21+14.3%
New Capital Raised

$17.3B

No prior period
Assets Under Management

$307B

Previous: $250B+23.0%
Net Income

$280M

Previous: $20.7M+1249.9%
Operating Income

$168M

Previous: $150M+11.6%

Revenue & EPS history

Blue Owl Capital · Revenue · Quarterly

$756M

Q4 2025+19.7%vs Q4 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

The filing outlines Blue Owl Capital's outlook, including operating priorities, capital allocation, and key risks, with specific numeric guidance where management provided it.

Tailwinds

  • Blue Owl Capital cites execution on growth initiatives and balance-sheet flexibility.
  • Management emphasizes capital returns and operational priorities in the filing.

Headwinds

  • Macro, pricing, and competitive pressure may affect margins.
  • One-time items and segment mix can affect quarter-to-quarter comparability.

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 Q4 2025

Historical avgQ4 2025

+0.6%

Avg return

Earnings day

+1.5%

Avg return

5 days after

-0.7%

Avg return

30 days after

38%

8 / 21 earnings

Positive

+17.6%

Q3 2022

Best reaction

-14.7%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+10.7%+21.1%+15.8%
Q4 2025-3.6%+7.5%-18.0%
Q3 2025-4.2%-5.4%-9.4%
Q1 2025-3.3%-3.7%+0.8%
Q4 2024-0.7%-5.6%-22.2%
Q3 2024-7.1%-7.7%+2.7%
Q2 2024-14.7%-14.1%-7.5%
Q1 2024-3.8%-2.8%-3.5%
Q4 2023+7.9%+10.0%+7.4%
Q3 2023+5.7%+3.4%+8.4%
Q2 2023+0.1%-0.4%-3.0%
Q1 2023-3.3%-4.8%-2.7%
Q4 2022+4.1%+5.5%-21.1%
Q3 2022+17.6%+20.1%+15.9%
Q2 2022+7.3%+8.4%-5.8%
Q1 2022-2.2%-12.3%-0.8%
Q4 2021-7.2%-7.3%-3.2%
Q3 2021-6.7%-7.1%-11.1%
Q2 2021-0.5%+3.9%+24.4%
Q1 2021+15.9%+24.8%+21.5%
Q4 2020-0.2%-1.8%-2.7%
Q2 2020
Q1 2020

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