Blue Owl Capital Inc. (OWL)

Adjusted Revenue

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2019
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Direct Lending Products Net Management Fees	1.52B	1.23B
Direct Lending Products Net Management Fees Growth	23.24%	37.19%
GP Capital Solutions Products Net Management Fees	592.56M	571.72M
GP Capital Solutions Products Net Management Fees Growth	3.65%	13.22%
Real Estate Products Net Management Fees	407.90M	187.75M
Real Estate Products Net Management Fees Growth	117.25%	53.43%
Revenue (Other)	348.24M	301.36M
Revenue (Total)	2.87B	2.30B
Revenue (Total) Growth	25.04%	32.56%

Revenue

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2019
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Direct Lending Products Revenue	1.75B	1.46B
Direct Lending Products Revenue Growth	19.37%	38.49%
GP Capital Solutions Products Revenue	635.72M	613.76M
GP Capital Solutions Products Revenue Growth	3.58%	14.34%
Real Estate Products Revenue	489.10M	219.58M
Real Estate Products Revenue Growth	122.74%	57.86%
Revenue (Total)	2.87B	2.30B
Revenue (Total) Growth	25.04%	32.56%

Key Performance Indicators

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2019
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Direct Lending AUM	157.76B	135.71B
Direct Lending AUM Growth	16.25%	60.35%
GP Capital Solutions AUM	69.07B	66.04B
GP Capital Solutions AUM Growth	4.60%	21.84%
Real Estate AUM	80.60B	49.37B
Real Estate AUM Growth	63.25%	83.85%
Total AUM	307.43B	251.12B
Total AUM Growth	22.43%	51.56%
Direct Lending Fee-Paying AUM	99.49B	90.96B
Direct Lending Fee-Paying AUM Growth	9.38%	59.37%
GP Capital Solutions Fee-Paying AUM	39.50B	37.34B
GP Capital Solutions Fee-Paying AUM Growth	5.79%	20.15%
Real Estate Fee-Paying AUM	48.75B	31.50B
Real Estate Fee-Paying AUM Growth	54.77%	116.54%
Total Fee-Paying AUM	187.74B	159.79B
Total Fee-Paying AUM Growth	17.49%	55.60%

Updated Feb 5, 2026. Data Source: Fiscal.ai.