Blue Owl Capital Inc. (OWL)

Adjusted Revenue

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Mar 31, 2026	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	1.57B	1.52B	1.23B
Direct Lending Products Net Management Fees Growth	3.42%	23.24%	37.19%
GP Capital Solutions Products Net Management Fees	597.46M	592.56M	571.72M
GP Capital Solutions Products Net Management Fees Growth	0.83%	3.65%	13.22%
Real Estate Products Net Management Fees	410.58M	407.90M	187.75M
Real Estate Products Net Management Fees Growth	0.66%	117.25%	53.43%
Revenue (Other)	358.91M	348.25M	301.37M
Revenue (Total)	2.94B	2.87B	2.30B
Revenue (Total) Growth	2.45%	25.04%	32.56%

Revenue

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Mar 31, 2026	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	1.79B	1.75B	1.46B
Direct Lending Products Revenue Growth	2.80%	19.37%	38.49%
GP Capital Solutions Products Revenue	642.80M	635.72M	613.76M
GP Capital Solutions Products Revenue Growth	1.11%	3.58%	14.34%
Real Estate Products Revenue	503.43M	489.10M	219.58M
Real Estate Products Revenue Growth	2.93%	122.74%	57.86%
Revenue (Other)	-3.00K	2.00K	4.00K
Revenue (Total)	2.94B	2.87B	2.30B
Revenue (Total) Growth	2.45%	25.04%	32.56%

Key Performance Indicators

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Mar 31, 2026	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	159.24B	157.76B	135.71B
Direct Lending AUM Growth	0.94%	16.25%	60.35%
GP Capital Solutions AUM	70.61B	69.07B	66.04B
GP Capital Solutions AUM Growth	2.23%	4.60%	21.84%
Real Estate AUM	85.08B	80.60B	49.37B
Real Estate AUM Growth	5.55%	63.25%	83.85%
Total AUM	314.93B	307.43B	251.12B
Total AUM Growth	2.44%	22.43%	51.56%
Direct Lending Fee-Paying AUM	98.85B	99.49B	90.96B
Direct Lending Fee-Paying AUM Growth	-0.64%	9.38%	59.37%
GP Capital Solutions Fee-Paying AUM	39.72B	39.50B	37.34B
GP Capital Solutions Fee-Paying AUM Growth	0.57%	5.79%	20.15%
Real Estate Fee-Paying AUM	49.84B	48.75B	31.50B
Real Estate Fee-Paying AUM Growth	2.22%	54.77%	116.54%
Total Fee-Paying AUM	188.41B	187.74B	159.79B
Total Fee-Paying AUM Growth	0.36%	17.49%	55.60%

Updated May 1, 2026. Data Source: Fiscal.ai.