| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 753.81 | 10.3% |
| Total Income | 753.81 | 10.3% |
| Expenditure | 644.32 | 6.3% |
| PBT | 95.83 | 137.6% |
| Net Profit | 15.54 | 109.2% |
| OPM | — | |
| NPM | 2.06% | 0.97pp |
| EPS | 0.02 | 100.0% |
Blue Owl Capital Reports Q1 2026 GAAP Net Income Up 109% to $15.5 Million, AUM Reaches $315 Billion
30 Apr 2026 · 30 Apr, 4:38 pm
Summary
Blue Owl Capital Inc. delivered strong financial results for the first quarter ended March 31, 2026, with GAAP Net Income Attributable to Class A Shares surging by 109% to $15.5 million. The company's Assets Under Management (AUM) demonstrated robust growth, increasing by 15% year-over-year to $314.9 billion. Fee-Related Earnings (FRE) and Distributable Earnings (DE) also saw healthy increases of 14% to $393.6 million and 11% to $292.5 million, respectively. Co-CEOs Doug Ostrover and Marc Lipschultz highlighted the power of their diversified platforms, attributing the continued expansion to a durable capital base, successful fundraising, and ongoing capital deployment, noting strong performance across Credit, Real Assets, and GP Strategic Capital.
Key Highlights
- 1
Blue Owl Capital Inc. reported a significant increase in GAAP Net Income Attributable to Class A Shares, which grew by 109% year-over-year to $15.5 million for the first quarter ended March 31, 2026.
- 2
The company's Assets Under Management (AUM) expanded by 15% since March 31, 2025, reaching $314.9 billion as of the end of the first quarter 2026.
- 3
Fee-Related Earnings (FRE) for Q1 2026 increased by 14% to $393.6 million, translating to $0.25 per Adjusted Share.
- 4
Distributable Earnings (DE) also saw an 11% rise, totaling $292.5 million, or $0.19 per Adjusted Share, for the quarter.
- 5
New Capital Commitments Raised during the quarter amounted to $11.0 billion, including $9.0 billion in new equity capital.
- 6
Blue Owl declared a quarterly dividend of $0.23 per Class A Share, contributing to an announced annual dividend of $0.92 per Class A Share for 2026.
- 7
The company repurchased 1.7 million OWL shares for $25.0 million during the first quarter.
Management Comments
Doug Ostrover and Marc Lipschultz
Blue Owl’s results for the first quarter of 2026 demonstrate the power of our three differentiated and scaled platforms, each of which has contributed to our continued expansion to $315 billion of AUM. Our financial results reflect stability, stemming from our durable capital base, and growth, driven by fundraising and ongoing capital deployment. Performance remains strong across Credit, Real Assets, and GP Strategic Capital, and we believe that the current market landscape tends to favor firms with patient capital and longer duration, such as Blue Owl.
Informational and educational content only. Not investment advice.