Blue Owl Capital Inc. operates as an asset manager. It offers permanent capital base solutions that enables it to offer a holistic platform to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. The company provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; GP capital solutions products, which offers capital solutions, including GP minority equity investments, GP debt financing, and professional sports minority investments to large private capital managers; and real estate products that focuses on structuring sale-leaseback transactions, which includes triple net leases. It offers its solutions through permanent capital vehicles, as well as long-dated private funds. The company is headquartered in New York, New York.

Blue Owl Capital Inc.

Management Fees, Net

Management Fees, Net %Chg

Management Fees, Net Common Size

Administrative, Transaction and Other Fees

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Administrative, Transaction and Other Fees Common Size

Performance Revenues

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Compensation and Benefits

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Amortization of Intangible Assets

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General, Administrative and Other Expenses

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Net Gains on Investments

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Net Losses on Retirement of Debt

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Interest and Dividend Income

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Interest Expense

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Change in Warrant Liability

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Change in Earnout Liability

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Total Other Loss

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Income Before Income Taxes

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Income Tax Expense

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Consolidated Net Income

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Net Income Attributable to Noncontrolling Interests

Net Income Attributable to Noncontrolling Interests %Chg

Net Income Attributable to Noncontrolling Interests Common Size

GAAP Net Income Attributable to Blue Owl Capital Inc.

GAAP Net Income Attributable to Blue Owl Capital Inc. %Chg

GAAP Net Income Attributable to Blue Owl Capital Inc. Common Size

Net Income Attributable to Class a Shares

Net Income Attributable to Class a Shares %Chg

Net Income Attributable to Class a Shares Common Size

Basic

Basic %Chg

Basic Common Size

Diluted

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Diluted Common Size

Transaction-Based Revenues

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Total Revenues

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Cost of Sales

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Cost of Sales Common Size

Gross Profit

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Gross Profit Margin

Gross Profit Margin %Chg

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Selling, General & Administrative Expenses

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Depreciation & Amortization Expenses

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Operating Profit

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Operating Margin

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Interest and Investment Income

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Non-Operating Income

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Total Non-Operating Income

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Income Before Provision for Income Taxes

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Provision for Income Taxes

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Net Income Attributable to Minority Interests and Other

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

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Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Transaction-Based Revenues	2,745.9	2,618.8	2,465.6	2,295.4	2,158.1	1,986.9
Management Fees, Net
Administrative, Transaction and Other Fees
Performance Revenues
Total Revenues	2,745.9	2,618.8	2,465.6	2,295.4	2,158.1	1,986.9
Total Revenues %Chg	27.2%	31.8%	33%	32.6%	32.1%	26.2%
GAAP Revenues
Cost of Sales	1,288.1	1,217.8	1,118.6	1,017.5	973.8	916.6
Compensation and Benefits
Gross Profit	1,457.8	1,401	1,346.9	1,277.9	1,184.3	1,070.2
Gross Profit Margin	53.1%	53.5%	54.6%	55.7%	54.9%	53.9%
Selling, General & Administrative Expenses	681.5	621.6	527	412.9	361.2	305.4
General, Administrative and Other Expenses
Depreciation & Amortization Expenses	348.3	324.3	291.5	258.3	238.4	226.5
Amortization of Intangible Assets
Operating Profit	428.1	455.2	528.4	606.8	584.7	538.4
Operating Margin	15.6%	17.4%	21.4%	26.4%	27.1%	27.1%
Interest and Investment Income	45.3	45.9	48.6	42.2	36.9	30.3
Interest and Dividend Income
Interest Expense	-155.5	-147.2	-137.9	-121.9	-107.8	-93.4
Interest Expense
Non-Operating Income	63.7	42.8	56.4	57.8	34.3	33.8
Net Gains on Investments
Net Losses on Retirement of Debt
Change in TRA Liability
Change in Warrant Liability
Change in Earnout Liability
Total Non-Operating Income	-46.4	-58.5	-32.9	-21.9	-36.7	-29.2
Income Before Provision for Income Taxes	254.2	311	382.8	469.2	479.5	441.5
Income Before Income Taxes
Provision for Income Taxes	28.4	33.3	37.7	48.8	48.9	46.7
Income Tax Expense
Consolidated Net Income	225.8	277.7	345.1	420.4	430.6	394.8
Consolidated Net Income
Net Income Attributable to Minority Interests and Other	-173.9	-202.3	-253.2	-310.9	-323.7	-302.6
Net Income Attributable to Noncontrolling Interests
Net Income Attributable to Common Shareholders	399.7	480.1	598.3	109.6	754.3	92.2
GAAP Net Income Attributable to Blue Owl Capital Inc.
Basic EPS	0.1	0.1	0.2	0.2	0.2	0.2
Diluted EPS	0.1	0.1	0.1	0.2	0.2	0.2
Basic Weighted Average Shares Outstanding	621.4	596.4	566.1	530.6	501.1	475.9
Total Shares Outstanding	664.8	651.1	625.7	608.3	568.3	537.6
Diluted Weighted Average Shares Outstanding	621.4	596.4	566.1	530.6	501.1	475.9
EBITDA	798.8	730.1	839.4	881.7	837.6	657.6
Effective Tax Rate	11.2%	10.7%	9.8%	10.4%	10.2%	10.6%