Blue Owl Capital Inc. (New York Stock Exchange:OWL)
Insiders here have filed 12 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Profitable, but on a thin margin.
- Revenue
- $2.99B
- Net income
- $80.9M
- Net margin
- 2.7%
Heavily indebted for what it earns.
- Total debt
- $4.34B
- Cash
- $169.1M
- Net debt / EBITDA
- 4.39x
Owes more within a year than it holds to pay it.
- Current assets
- $169.1M
- Current liabilities
- $532.3M
- Current ratio
- 0.32
The business funds itself from operations.
- Operating cash flow
- $1.38B
- Free cash flow
- $1.32B
- FCF margin
- 44.3%
Not funding itself by issuing shares.
- Shares outstanding
- 688.5M
- Share growth (1y)
- 6.0%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
OWL Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 753.05 M | 753.81 M | 755.60 M | 727.99 M | 703.11 M | 683.49 M |
| Revenue Growth (YoY) | 7.10 % | 10.29 % | 19.68 % | 21.15 % | 27.87 % | 33.14 % |
| Cost of Revenue | 444.89 M | 90.92 M | 287.12 M | 341.37 M | 326.30 M | 325.94 M |
| Gross Profit | 308.17 M | 662.89 M | 468.48 M | 386.62 M | 376.81 M | 357.55 M |
| SG&A Expense | 191.75 M | 183.91 M | 187.82 M | 181.29 M | 188.05 M | 190.78 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 191.75 M | 553.99 M | 130.58 M | 273.94 M | 277.52 M | 280.25 M |
| Operating Income | 116.41 M | 108.90 M | 337.90 M | 112.68 M | 99.28 M | 77.29 M |
| Pretax Income | 70.94 M | 95.83 M | 167.75 M | 55.32 M | 84.49 M | 40.34 M |
| Tax Provision | 10.28 M | 16.24 M | 17.01 M | 7.95 M | 13.80 M | 3.67 M |
| Net Income | 11.39 M | 15.54 M | 47.67 M | 6.31 M | 17.43 M | 7.43 M |
| EPS (Basic) | 0.02 | 0.02 | 0.07 | 0.01 | 0.03 | 0.01 |
| EPS (Diluted) | 0.02 | 0.02 | 0.07 | 0.01 | 0.02 | 0.00 |
| Shares Outstanding | 688.51 M | 680.42 M | 664.80 M | 673.93 M | 649.69 M | 625.85 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.