Blackstone Secured Lending Fund (BXSL)

BXSL Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	289.61	229.61	154.86	131.27	102.88
Trading Asset Securities	19.63	4	-	-	-
Cash & Short-Term Investments	309.24	233.6	154.86	131.27	102.88
Cash Growth	32.38%	50.85%	17.97%	27.60%	-52.81%
Accounts Receivable	108.89	119.43	94.87	147.14	205.54
Other Receivables	11.29	4.81	-	-	-
Receivables	120.18	124.24	94.87	147.14	205.54
Total Current Assets	429.42	357.84	249.73	278.42	308.42
Long-Term Investments	14,207	13,093	9,868	9,617	9,855
Long-Term Deferred Charges	19.75	21.87	16.45	13.33	13.55
Other Long-Term Assets	-	-	-	-	0.19
Total Assets	14,656	13,472	10,135	9,909	10,178
Accounts Payable	2.17	19.28	8.57	20.27	36.22
Accrued Expenses	150.37	149.58	119.03	105.82	105.5
Other Current Liabilities	178.62	170.75	143.05	96.22	89.72
Total Current Liabilities	331.16	339.61	270.65	222.31	231.43
Long-Term Debt	8,080	7,056	4,912	5,528	5,499
Total Liabilities	8,411	7,396	5,183	5,750	5,730
Common Stock	0.23	0.22	0.19	0.16	0.17
Additional Paid-In Capital	6,048	5,750	4,702	4,033	4,245
Retained Earnings	197.19	326.54	250.03	125.69	202.19
Shareholders' Equity	6,245	6,077	4,952	4,159	4,447
Total Liabilities & Equity	14,656	13,472	10,135	9,909	10,178
Total Debt	8,080	7,056	4,912	5,528	5,499
Net Cash (Debt)	-7,771	-6,822	-4,757	-5,396	-5,396
Net Cash Per Share	-33.91	-33.88	-28.38	-32.49	-37.34
Filing Date Shares Outstanding	232.28	227.82	191.6	160.57	169.69
Total Common Shares Outstanding	231.97	221.89	185.78	160.36	169.27
Working Capital	98.26	18.23	-20.92	56.1	76.99
Book Value Per Share	26.92	27.39	26.66	25.93	26.27
Tangible Book Value	6,245	6,077	4,952	4,159	4,447
Tangible Book Value Per Share	26.92	27.39	26.66	25.93	26.27

Updated Feb 25, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q