Blue Owl Capital Inc. (OWL) — Financial statements
Income statement, balance sheet, and cash flow for Blue Owl Capital Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,870↑25.0% | 2,295↑32.6% | 1,732↑26.4% | 1,370↑66.3% | 824 | |
| Cost of Revenue | 1,281↑25.9% | 1,017↑16.9% | 871↓2.7% | 895↓40.2% | 1,497 | |
| Gross Profit | 1,589↑24.4% | 1,278↑48.4% | 861↑81.2% | 475↑170.6% | -673 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 748↑81.1% | 413↑70.1% | 243↑10.1% | 221↑57.3% | 140 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 748↑81.1% | 413↑70.1% | 243↑10.1% | 221↑57.3% | 140 | |
| Other Expenses | 214↓17.0% | 258↓14.0% | 300↑16.9% | 257↑125.6% | 114 | |
| Operating Expenses | 962↑43.4% | 671↑23.6% | 543↑13.7% | 478↑87.9% | 254 | |
| Total Costs & Expenses | 2,243↑32.8% | 1,689↑19.4% | 1,414↑3.0% | 1,372↓21.6% | 1,751 | |
| Operating Results | ||||||
| Operating Income | 627↑3.4% | 607↑90.9% | 318↑12899.7% | -2↑99.7% | -927 | |
| Depreciation & Amortization | 388↑41.0% | 275↓11.5% | 311↑19.8% | 259↑126.3% | 115 | |
| EBITDA | 941↑8.7% | 866↑36.9% | 633↑134.6% | 270↑115.6% | -1,725 | |
| EBIT | 554↓6.4% | 591↑83.5% | 322↑2981.2% | 10↑100.6% | -1,840 | |
| Interest & Other Income | ||||||
| Net Interest Income | -119↓48.7% | -80↓49.0% | -54↑3.9% | -56↓104.3% | -27 | |
| Interest Income | 45↑7.1% | 42↑90.2% | 22 | 0.00 | 0.00 | |
| Interest Expense | 164↑34.3% | 122↑61.0% | 76↑35.9% | 56↑104.3% | 27 | |
| Non-Operating Income | 74↑370.7% | 16↑466.7% | -4↑67.0% | -13↓101.4% | 913 | |
| Other Income / Expenses | -279↓103.0% | -138↓92.5% | -71↓51.6% | -47↑95.0% | -940 | |
| Income Before Tax | 348↓25.9% | 469↑90.4% | 246↑596.6% | -50↑97.3% | -1,867 | |
| Income Tax Expense | 42↓13.0% | 49↑90.5% | 26↑373.0% | -9↑85.6% | -65 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 305↓27.3% | 420↑90.4% | 221↑648.7% | -40↑97.8% | -1,802 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 79↓28.1% | 110↑101.7% | 54↑685.0% | -9↑97.5% | -376 | |
| Bottom-Line Net Income | 79↓28.1% | 110↑101.7% | 54↑685.0% | -9↑97.5% | -376 | |
| EPS (Basic) | 0.12↓40.0% | 0.20↑66.7% | 0.12↑660.7% | -0.02↑97.7% | -0.93 | |
| EPS (Diluted) | 0.12↓40.0% | 0.20↑81.8% | 0.11↑614.0% | -0.02↑97.7% | -0.93 | |
| Weighted Average Shares | 676↑23.1% | 549↑18.5% | 463↑6.9% | 433↑7.0% | 405 | |
| Weighted Average Diluted Shares | 665↑19.0% | 558↑16.8% | 478↑10.3% | 433↑7.0% | 405 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.