Blackstone Secured Lending Fund (BXSL)

BXSL Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	438.89	563.46	694.1	611.95	404.56	460.42
Depreciation & Amortization	21.55	20.92	16	14.81	14.41	9.78
Other Adjustments	124.2	9.55	-93.48	-43.65	-3.01	-184.46
Changes in Accrued Interest and Accounts Receivable	23.31	-0.34	-24.96	52.27	58.39	-69.54
Changes in Accounts Payable	-15.14	-11.41	22.98	-19	-5.63	13.35
Changes in Accrued Expenses	-30.07	-4.91	18.29	20.5	-8.38	30.92
Changes in Other Operating Activities	-1,210	-1,036	-3,159	-178.07	212.6	-4,090
Operating Cash Flow	-634.06	-458.66	-2,526	458.82	672.95	-3,829
Operating Cash Flow Growth	-	-	-	-31.82%	-	-
Long-Term Debt Issued	3,365	2,844	3,616	1,440	920.83	5,779
Long-Term Debt Repaid	-2,744	-1,923	-1,451	-2,091	-877.15	-2,780
Net Long-Term Debt Issued (Repaid)	620.29	920.48	2,165	-650.87	43.68	2,999
Issuance of Common Stock	106.21	295.45	1,037	665.26	-	981.1
Repurchase of Common Stock	-	-	-	-	-263.02	-
Net Common Stock Issued (Repurchased)	106.21	295.45	1,037	665.26	-263.02	981.1
Common Dividends Paid	-682.86	-677.98	-583.35	-437.97	-423.44	-253.78
Other Financing Activities	-7.37	-7.34	-16.65	-8.59	-5.4	-12.76
Financing Cash Flow	36.28	530.61	2,602	-432.16	-648.18	3,713
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-15.95	-11.95	-1.06	-3.07	3.62	-
Net Cash Flow	-597.78	71.95	75.81	26.65	24.77	-115.11
Free Cash Flow	-634.06	-458.66	-2,526	458.82	672.95	-3,829
Free Cash Flow Growth	-	-	-	-31.82%	-	-
FCF Margin	-71.27%	-28.37%	-147.79%	30.47%	118.58%	-624.58%
Free Cash Flow Per Share	-2.75	-2.00	-12.55	2.74	4.05	-26.49
Levered Free Cash Flow	-151.05	452.27	-267.74	-148.41	719.63	-645.77
Unlevered Free Cash Flow	-1,210	-1,032	-3,127	-109.49	271.4	-4,105

Updated May 7, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q