Blue Owl Capital Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,870	2,295	1,732	1,370	823.88
Revenue Growth (YoY)	25.04%	32.56%	26.42%	66.25%	229.80%
Cost of Revenue	1,180	920.34	716.65	573.37	1,497
Gross Profit	1,690	1,375	1,015	796.35	-673.11
Selling, General & Admin	477.35	338.46	242.81	220.61	140.27
Amortization of Goodwill & Intangibles	358.95	258.26	300.34	256.91	113.89
Operating Expenses	836.3	596.71	543.15	477.52	254.16
Operating Income	854.03	778.38	471.81	318.83	-927.27
Interest Expense	-163.76	-121.89	-75.7	-60.07	-27.66
Interest & Investment Income	45.18	42.17	22.18	4.36	0.39
Other Non Operating Income (Expenses)	-	-38.3	-14.05	34.63	-43.67
EBT Excluding Unusual Items	735.46	660.36	404.24	297.75	-998.21
Merger & Restructuring Charges	-397.78	-171.62	-153.99	-321.31	-
Gain (Loss) on Sale of Investments	-7.11	1.71	4.2	-0.13	-3.53
Other Unusual Items	17.34	-21.22	-8.07	-25.92	-865.74
Pretax Income	347.91	469.23	246.38	-49.62	-1,867
Income Tax Expense	42.42	48.78	25.61	-9.38	-65.21
Earnings From Continuing Operations	305.49	420.45	220.78	-40.24	-1,802
Minority Interest in Earnings	-226.65	-310.86	-166.43	30.95	1,426
Net Income	78.83	109.58	54.34	-9.29	-376.17
Preferred Dividends & Other Adjustments	-	-	-	-	74.26
Net Income to Common	78.83	109.58	54.34	-9.29	-450.43
Net Income Growth	-28.06%	101.65%	-	-	-
Shares Outstanding (Basic)	655	549	463	433	355
Shares Outstanding (Diluted)	662	558	478	433	1,315
Shares Change (YoY)	18.53%	16.82%	10.29%	-67.04%	13051.86%
EPS (Basic)	0.12	0.20	0.12	-0.02	-1.27
EPS (Diluted)	0.10	0.20	0.10	-0.02	-1.34
EPS Growth	-48.27%	91.75%	-	-	-
Free Cash Flow	1,198	935.37	881.24	662.91	276.4
Free Cash Flow Per Share	1.81	1.68	1.84	1.53	0.21
Dividend Per Share	0.900	0.720	0.560	0.460	0.130
Dividend Growth	25.00%	28.57%	21.74%	253.85%	-
Gross Margin	58.89%	59.91%	58.61%	58.14%	-81.70%
Operating Margin	29.75%	33.91%	27.25%	23.28%	-112.55%
Profit Margin	2.75%	4.77%	3.14%	-0.68%	-54.67%
Free Cash Flow Margin	41.75%	40.75%	50.89%	48.40%	33.55%
EBITDA	1,236	1,053	782.37	578.04	-812.71
EBITDA Margin	43.08%	45.89%	45.18%	42.20%	-98.65%
D&A For EBITDA	382.4	274.92	310.57	259.21	114.55
EBIT	854.03	778.38	471.81	318.83	-927.27
EBIT Margin	29.75%	33.91%	27.25%	23.28%	-112.55%
Effective Tax Rate	12.19%	10.40%	10.39%	-	-
Revenue as Reported	2,870	2,295	1,732	1,370	823.88

Source: S&P Global Market Intelligence. Standard template. Financial Sources.