What is Blue Owl Capital's net lease — revenue?

Blue Owl Capital (OWL) reported net lease — revenue of $65.38M in Q1 2026.

How has Blue Owl Capital's net lease — revenue changed year-over-year?

Blue Owl Capital's net lease — revenue increased by 39.6% year-over-year, from $46.84M to $65.38M.

What does net lease — revenue mean?

This metric represents the total revenue generated from the company's net lease investment platform, which focuses on acquiring and managing single-tenant properties under long-term lease agreements. It reflects the firm's ability to scale its real estate portfolio and capture rental income streams from institutional-grade assets. Growth in this segment indicates successful capital deployment and expansion of the firm's real estate investment management capabilities.

Blue Owl Capital (OWL) Net lease — Revenue

Screener

Other product segments

Direct lending

$337.47M+12.8%

GP minority stakes

$150.34M+1.3%

Administrative, transaction and other fees

$56.64M+9.7%

Digital infrastructure

$34.81M-33.4%

Alternative credit

$30.37M+43.4%

Investment grade credit

$17.8M+6.7%

Other

$16.06M+61.7%

Real estate credit

$11.94M+15.0%

Strategic Revenue-Share Purchase consideration amortization

-$11.04M+0.6%

Amortization of deferred incentives paid to customers

-$9.81M—

Fee offsets

-$7.36M—

Performance revenues

$6.07M-3.9%

GP debt financing

$4.8M+101%

Liquid credit

$4.75M-36.5%

Professional sports minority stakes

$1.17M+81.2%

Similar metrics at other companies

MGRCNon Lease Revenues — Revenue

$58.4M-28.3%

SNDXNet Product Revenues — Revenue

$31.21M+1,526%

WWOther Revenues Net — Revenue

$932K-23.9%

WWSubscription Revenues Net — Revenue

$161.39M-8.2%

KOPNNet Product Revenues — Revenue

$5.42M-41.2%

USPHNet Patient Revenues — Revenue

$164.33M+7.7%

Other financials

Income statement

See full

Revenue$753.8M+10.3%

Net income$15.5M+109%

EPS (diluted)$0.02—

Balance sheet

See full

Cash & equivalents$190.5M+95.1%

Total debt$4.4B+21.0%

Total equity$2.1B-10.1%

Total assets$12.4B+1.0%

Cash flow

See full

Operating cash flow$102.8M+485%

CapEx$13.8M+3.6%

Free cash flow$89.0M+1,996%

Valuation

See full

Market cap$7.81B-38.6%

Enterprise value$11.97B-26.3%

P/E89.8×-79.0×

P/S2.7×-2.2×

Profitability

See full

Net margin3%-0.8pp

FCF margin43.6%+7.2pp

Returns & leverage

See full

Return on equity3.9%-0.7pp

Debt / equity2.1×+0.5×

Current ratio11.8×—

Where this comes from

Reported directly by Blue Owl Capital in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Blue Owl Capital’s 10-Q, filed May 1, 2026.

Filed: May 1, 2026, 4:39 PM EDT
Fiscal quarter: Q1 FY2026
Calendar quarter: Q1 2026
Accession: 0001823945-26-000026

(dollars in thousands)	Three Months Ended March 31, 2026	2025
Performance revenues	2,115	2,956
Total GAAP Revenues - Credit Platform	457,850	408,940
Real Assets Platform
Net lease	65,379	46,836
Real estate credit	11,942	10,381
Digital infrastructure	34,809	52,233
Management Fees	112,130	109,450
Administrative, transaction and other fees	25,082	10,506

Item 6. Exhibits

FAQ

What is Blue Owl Capital's net lease — revenue?: Blue Owl Capital (OWL) reported net lease — revenue of $65.38M in Q1 2026.
How has Blue Owl Capital's net lease — revenue changed year-over-year?: Blue Owl Capital's net lease — revenue increased by 39.6% year-over-year, from $46.84M to $65.38M.
What does net lease — revenue mean?: This metric represents the total revenue generated from the company's net lease investment platform, which focuses on acquiring and managing single-tenant properties under long-term lease agreements. It reflects the firm's ability to scale its real estate portfolio and capture rental income streams from institutional-grade assets. Growth in this segment indicates successful capital deployment and expansion of the firm's real estate investment management capabilities.