Blue Owl Technology Finance Corp. OTF

NYSE

Blue Owl Technology Finance Corp. is a Maryland corporation formed on July 12, 2018. We are focused primarily on making loans to, and making debt and equity investments in technology-related, specifically software, companies based primarily in the United States. We originate and invest in senior secured or unsecured loans, subordinated loans or mezzanine loans, and equity-related securities including common equity, warrants, preferred stock and similar forms of senior equity, which may or may not be convertible into a portfolio company's common equity. Our investment objective is to maximize total return by generating current income from debt investments and other income producing securities, and capital appreciation from our equity and equity-linked investments. We may hold our investments directly or through special purpose vehicles.

Last close 11.38 2026-09-04
Market cap $5.21B 2026-06-30 share count
52-week range 9.75 - 15.82

Valuation FY2025 figures against the last close

P/S3,876.7x
P/E
P/FCF
EV/EBITDA
Dividend yield7.6%
Diluted EPS

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue $1.3M$27.0K
Interest expense $321.5M$192.7M$195.5M$136.5M$93.8M
Net income $720.4M$319.2M$369.1M$19.0M$424.8M
EPS, basic 1.521.800.093.05
EPS, diluted 1.521.800.093.05
Shares, diluted (wtd. avg.) $409.4M$209.8M$205.0M$201.4M$139.2M$85.4M$36.7M$9.3M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash and equivalents $282.9M$257.0M$469.0M$203.3M$107.0M$82.2M
Total assets $14.72B$6.72B$6.65B$6.66B
Long-term debt $6.29B$2.91B$2.95B$3.16B
Total liabilities $6.67B$3.10B$3.12B$3.28B
Retained earnings $463.2M$270.8M$247.2M$169.2M
Total equity $8.04B$3.63B$3.53B$3.39B$3.53B$1.50B$777.2M$286.7M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating cash flow -$916.0M$64.2M$708.4M-$295.3M-$2.62B
Financing cash flow $941.9M-$276.2M-$442.6M$391.6M$2.64B
Dividends paid $393.7M$230.0M$208.7M$136.3M$83.3M
Buybacks $73.4M$0$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001747777-26-000012.