Blue Owl Capital OWL Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Product | ||||||
| Administrative, transaction and other fees | $305.12M+8.0% | $300.09M+2.0% | $282.19M-7.5% | $277.33M+2.2% | $282.48M+21.5% | |
| Alternative credit | $99.59M+143% | $90.41M+356% | $79.42M+11,736% | $60.34M— | $41.02M— | |
| Digital infrastructure | $147.18M+182% | $164.6M— | $130.87M— | $100.46M— | $52.23M— | |
| Direct lending | $1.35B+14.7% | $1.31B+15.4% | $1.26B+18.2% | $1.21B+22.3% | $1.17B— | |
| GP debt financing | $19.92M+1.5% | $17.52M-22.6% | $18.16M-17.9% | $19.78M-4.1% | $19.62M+5.6% | |
| GP minority stakes | $617.08M+3.2% | $615.18M+4.4% | $617.54M+9.3% | $612.68M+12.4% | $597.9M+11.6% | |
| Investment grade credit | $68.72M+54.2% | $67.61M+142% | $65.14M+391% | $60.78M— | $44.58M— | |
| Liquid credit | $20.42M-28.2% | $23.14M-16.6% | $24.86M-14.2% | $27.25M-2.0% | $28.43M+4.5% | |
| Net lease | $220.65M+26.7% | $202.11M+19.9% | $190.47M+21.8% | $180.75M+22.0% | $174.09M+26.4% | |
| Other | $48.11M+61.3% | $41.98M+62.6% | $39.96M+96.8% | $35.71M+160% | $29.82M+302% | |
| Performance revenues | $26.53M+133% | $26.77M+277% | $12.06M+114% | $12.15M+127% | $11.36M+120% | |
| Professional sports minority stakes | $4.7M+67.6% | $4.18M+23.2% | $3.53M+1.3% | $3.02M-11.5% | $2.81M-13.4% | |
| Real estate credit | $43.85M+48.4% | $42.29M+121% | $39.88M+306% | $37.87M+2,693% | $29.54M— | |
| Strategic Revenue-Share Purchase consideration amortization | -$44.25M-0.5% | -$44.32M-1.8% | -$44.39M-3.0% | -$44.47M-4.3% | -$44.01M-5.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Blue Owl Capital break its business down?
- Blue Owl Capital (OWL) reports revenue by product across 16 parts — Administrative, transaction and other fees, Alternative credit, Amortization of deferred incentives paid to customers, Digital infrastructure and Direct lending. Each is extracted from the segment footnotes and tracked over time.
- Where does Blue Owl Capital's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Blue Owl Capital's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
