NYSE$TSLX

Sixth Street Specialty Lending Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Sixth Street Specialty Lending reported Q1 2025 net income of $58.0M, diluted EPS of $0.39.

For Q1 2025, Sixth Street Specialty Lending reported net income was $58.0M, diluted EPS was $0.39. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Net income $58.0M.
  • Diluted EPS $0.39.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$60.4M

Previous: $2.23M+2605.6%
EPS (adj)

$0.39

Previous: $0.58-32.8%
Free Cash Flow

$37M

Previous: $47.5M-22.2%
Net Income

$37M

Previous: $47.5M-22.2%
Operating Income

$44.1M

Previous: -$62.7M+170.2%
Gross Profit

$60.4M

Previous: $2.23M+2605.6%

Revenue & EPS history

Sixth Street · Revenue · Quarterly

$60.4M

Q1 2025+2,605.6%vs Q1 2024
Beat estimate in 4 of 13 quarters(31%)
ActualEstimate

Forward guidance

BDC outlook ties to net investment income, credit quality, and deployment pace.

Tailwinds

  • Floating-rate portfolio benefits from elevated rates.
  • Net investment income covers dividend.

Headwinds

  • Credit deterioration in portfolio companies.
  • Spread compression if rates fall.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.9%

Avg return

Earnings day

-1.1%

Avg return

5 days after

-0.5%

Avg return

30 days after

68%

13 / 19 earnings

Positive

+4.6%

Q3 2023

Best reaction

-4.4%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.8%-11.3%-11.8%
Q4 2025-4.4%-4.3%-11.5%
Q3 2025-1.4%-6.4%-1.6%
Q1 2025-0.6%-0.9%+11.5%
Q4 2024+2.2%+2.9%-3.0%
Q3 2024+1.0%+1.3%+7.2%
Q2 2024-0.8%-5.0%+1.1%
Q1 2024-3.7%-3.0%+1.5%
Q4 2023+1.9%+1.6%-2.8%
Q3 2023+4.6%+2.9%+6.3%
Q2 2023+4.5%+2.5%+1.4%
Q1 2023+0.4%-2.6%+4.3%
Q4 2022+3.2%+0.3%-9.4%
Q3 2022+0.2%+1.2%+3.2%
Q2 2022-0.5%-0.6%-2.8%
Q1 2022+1.7%-0.2%-3.7%
Q4 2021+1.7%+0.0%-4.0%
Q3 2021+0.3%+1.5%+0.4%
Q4 2020+3.1%-0.1%+3.6%

Discussion

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