Blue Owl Capital Inc. revenue by segment OWL

Blue Owl Capital Inc. splits its revenue into 15 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Asset Management1 at $2.5 billion, 88% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2026
Sep 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
3,069
2,870
2,295
1,732
1,370
824
Asset Management1
—
2,522
+26.5%
share 87.9%
1,994
share 86.9%
—
—
—
GP Minority Stakes
—
—
—
527
share 30.4%
—
—
Diversified Lending
—
—
—
—
481
+38.0%
share 35.1%
348
share 42.3%
Administrative Service
—
321
+9.2%
share 11.2%
294
share 12.8%
—
—
—
GP Minority Equity Investments
—
—
—
—
—
234
share 28.3%
Technology Lending
—
—
—
205
share 11.8%
—
66
share 8.0%
Business Development Company Fees
—
—
—
—
—
150
share 18.3%
Net Lease
—
—
—
122
+52.6%
share 7.1%
80
share 5.9%
—
Management Service Incentive
—
27
+277.3%
share 0.9%
7
share 0.3%
—
—
—
Liquid Credit
—
—
—
—
19
share 1.4%
—
GP Debt Financing
—
—
—
17
+24.3%
share 1.0%
14
+33.2%
share 1.0%
10
share 1.2%
Opportunistic Lending
—
—
—
10
+10.9%
share 0.6%
9
+119.3%
share 0.6%
4
share 0.5%
Professional Sports Minority Stakes
—
—
—
2
+49.5%
share 0.1%
2
share 0.1%
—
Other
—
—
—
1
share 0.1%
—
—
Strategic Revenue Share Purchase Consideration Amortization
—
—
—
-41
-9.3%
share -2.4%
-37
-277.9%
share -2.7%
-10
share -1.2%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Investment Advice (SIC 6282)
Listed as
OWL (NYSE)
Fiscal year ends
December 31
Incorporated in
NJ
Headquarters
New York, NY
SEC filer status
Large accelerated filer
SEC CIK
1823945
Former names
ALTIMAR ACQUISITION CORP. (until May 18, 2021)

Other Investment Advice companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.