Earnings summaries and quarterly performance for Blue Owl Technology Finance.
Executive leadership at Blue Owl Technology Finance.
Craig Packer
Detailed
Chief Executive Officer
CEO
EB
Erik Bissonnette
Detailed
President
JL
Jonathan Lamm
Detailed
Chief Operating Officer and Chief Financial Officer
KH
Karen Hager
Detailed
Chief Compliance Officer
MS
Matthew Swatt
Detailed
Co-Chief Accounting Officer, Co-Treasurer, and Co-Controller
NR
Neena Reddy
Detailed
Vice President and Secretary
SW
Shari Withem
Detailed
Co-Chief Accounting Officer, Co-Treasurer, and Co-Controller
Board of directors at Blue Owl Technology Finance.
Research analysts who have asked questions during Blue Owl Technology Finance earnings calls.
BM
Brian McKenna
Citizens JMP Securities
2 questions for OTF
Also covers: ARCC, ARES, BX +18 more
CA
Casey Alexander
Compass Point Research & Trading, LLC
2 questions for OTF
Also covers: ARCC, BBDC, BXSL +16 more
KL
Kenneth Lee
RBC Capital Markets
2 questions for OTF
Also covers: AAMI, AMP, APAM +20 more
Paul Johnson
Keefe, Bruyette & Woods
2 questions for OTF
Also covers: ARCC, BCSF, BXSL +23 more
SA
Sean-Paul Adams
Not Provided in Transcript
2 questions for OTF
Also covers: , ARCC, BXSL +18 more
AS
Aaron Skanovich
Truist Securities
1 question for OTF
Arren Cyganovich
Truist
1 question for OTF
Also covers: AER, ARCC, BPOP +12 more
Recent press releases and 8-K filings for OTF.
Blue Owl Technology Finance Reports Strong Q4 2025 Results and Strategic Updates
OTF
Earnings
Dividends
Share Buyback
- Blue Owl Technology Finance (OTF) reported a strong Q4 2025, marking a milestone year that included its public listing in June 2025 as the largest publicly traded technology-focused BDC by total assets.
- The company announced 5 quarterly special dividends of 5 cents per share through September 2026, in addition to its regular 35-cent per share dividend, and repurchased $65 million of OTF shares in Q4 2025 at an average price to book value of 0.82, which was accretive to NAV per share.
- OTF deployed $2.3 billion in new investment commitments ($2 billion funded) during Q4 2025, with repayments of $881 million, resulting in a meaningful increase in net leverage. A $900 million backlog is anticipated to fund next quarter, aiming to reach the bottom end of the target leverage range.
- Software constitutes approximately 70% of the portfolio, with a strategic focus on established, mission-critical solutions, and the $0.35 base dividend offers an 11% yield at current market value.
Feb 19, 2026, 4:30 PM
Blue Owl Technology Finance Reports Strong Q4 2025 Results
OTF
Earnings
Dividends
Share Buyback
- Blue Owl Technology Finance (OTF) reported strong Q4 2025 results, with adjusted net investment income of $0.30 per share and a 10.9% adjusted net income ROE for the quarter. Net asset value (NAV) per share increased by $0.06 to $17.33.
- The company declared a regular Q1 2026 dividend of $0.35 per share and five special dividends of $0.05 per share through September 2026, supported by $0.40 spillover income generated prior to its listing.
- OTF repurchased $65 million of shares in Q4 2025 at an average price to book value of 0.82, which was accretive to NAV per share. The board also authorized a new $300 million share repurchase program.
- The portfolio, with approximately 70% in software, is defensively constructed with predominantly first lien, senior secured loans and LTVs in the low 30s. Management expressed confidence in its resilience against AI disruption, noting only one software default out of over 300 names since inception.
- Net leverage stood at 0.75 times at quarter-end, with nearly $2.3 billion in total cash and capacity on facilities to support growth towards a target leverage range of 0.9-1.25 times.
Feb 19, 2026, 4:30 PM
Blue Owl Technology Finance Reports Strong Q4 2025 Results and Authorizes New Share Repurchase Program
OTF
Earnings
Dividends
Share Buyback
- Blue Owl Technology Finance (OTF) reported strong Q4 2025 results, with adjusted net investment income of $0.30 per share and adjusted net income of $0.47 per share, and its net asset value per share increased to $17.33.
- The company deployed $2.3 billion in new investment commitments in Q4 2025, bringing total portfolio investments to over $14 billion, and ended the quarter with net leverage at 0.75 times.
- OTF declared a regular dividend of $0.35 per share for Q1 2026 and five special dividends of $0.05 per share through September 2026.
- A new $300 million share repurchase program was authorized, following $65 million in share repurchases during Q4 2025 at an average price to book value of 0.82.
- Software companies constitute approximately 70% of the portfolio, and the company's SpaceX investment has been written up over 7 times as of December 31, 2025.
Feb 19, 2026, 4:30 PM
Blue Owl Technology Finance Reports Q4 2025 Results
OTF
Earnings
Dividends
Share Buyback
- Blue Owl Technology Finance reported a net asset value per share of $17.33 and adjusted net investment income per share of $0.30 for Q4 2025.
- The company's total portfolio at fair value grew to $14.3 billion across 199 portfolio companies as of December 31, 2025, with investments on non-accrual representing approximately 0.2% at fair value.
- For Q4 2025, Blue Owl Technology Finance declared total dividends of $0.40 per share and authorized a new 2026 repurchase program of up to $300 million, replacing the previous $200 million program.
- The company maintained strong liquidity with $2.3 billion in cash and undrawn debt, and its debt to equity ratio was 0.75x as of December 31, 2025.
Feb 19, 2026, 4:30 PM
Blue Owl Technology Finance Corp. Announces Q4 and Full-Year 2025 Financial Results
OTF
Earnings
Dividends
Share Buyback
- For the fourth quarter ended December 31, 2025, Blue Owl Technology Finance Corp. (OTF) reported GAAP net investment income per share of $0.26 and adjusted net investment income per share of $0.30.
- The company's net asset value per share increased to $17.33 as of December 31, 2025, up from $17.27 as of September 30, 2025.
- OTF declared a first quarter 2026 regular dividend of $0.35 per share and a series of five special dividends of $0.05 per share to be paid quarterly through September 2026.
- A new $300 million share repurchase program was approved on February 18, 2026, replacing the prior $200 million authorization, after the company repurchased approximately $64.6 million of common stock in Q4 2025.
- New investment commitments for the fourth quarter of 2025 totaled $2.3 billion, contributing to an aggregate portfolio size of $14.3 billion at fair value as of December 31, 2025.
Feb 18, 2026, 9:20 PM
Blue Owl Technology Finance Corp. Announces Q4 2025 Financial Results
OTF
Earnings
Dividends
Share Buyback
- Blue Owl Technology Finance Corp. reported a Net Asset Value (NAV) per share of $17.33 as of December 31, 2025, an increase from $17.27 as of September 30, 2025.
- For the fourth quarter of 2025, adjusted net investment income per share was $0.30.
- The Board declared a first quarter 2026 regular dividend of $0.35 per share and a series of five special dividends of $0.05 per share.
- New investment commitments for the fourth quarter of 2025 totaled $2.3 billion, with sales and repayments amounting to $881 million.
- The Board approved a new $300 million share repurchase program, replacing the previous $200 million authorization, after repurchasing approximately $64.6 million of common stock in the fourth quarter.
Feb 18, 2026, 9:09 PM
Blue Owl Technology Finance Corp. Issues $400 Million in 6.125% Notes Due 2031
OTF
Debt Issuance
- Blue Owl Technology Finance Corp. entered into a Sixth Supplemental Indenture on January 23, 2026, for the issuance and sale of $400,000,000 aggregate principal amount of its 6.125% notes due 2031.
- The Notes bear an interest rate of 6.125% per year, payable semiannually on January 23 and July 23, commencing on July 23, 2026, and will mature on January 23, 2031.
- The Company expects to use the net proceeds from this offering to pay down certain existing outstanding indebtedness, including its senior secured revolving credit facility.
- The Notes are direct, general unsecured obligations of the Company and are redeemable at the Company's option under specified terms.
Jan 23, 2026, 9:03 PM
Blue Owl Technology Finance Corp. Completes CLO Refinancing
OTF
Debt Issuance
New Projects/Investments
- Blue Owl Technology Finance Corp. (OTF) completed a CLO Refinancing on December 16, 2025, through a First Supplemental Indenture, amending its original Indenture dated December 13, 2023.
- This refinancing included an amended and restated loan sale agreement, increasing the funded par amount of middle market loans from OTF to Athena CLO II, LLC to approximately $217.963 million on the Refinancing Date, significantly up from $83.945 million on the Original Closing Date.
- Blue Owl Technology Credit Advisors LLC (OTCA) will continue as collateral manager for Athena CLO II, LLC under an amended and restated collateral management agreement, also dated December 16, 2025.
- The company expects to use the proceeds from the issuance and incurrence of the new Debt for general corporate purposes.
Dec 22, 2025, 9:30 PM
OTF Announces Q3 2025 Financial and Portfolio Results
OTF
Earnings
Dividends
New Projects/Investments
- OTF's net asset value per share increased to $17.27 as of September 30, 2025, up from $17.17 as of June 30, 2025.
- For Q3 2025, the company reported GAAP net income per share of $0.50 and adjusted net income per share of $0.541.
- The total portfolio at fair value reached $12.9 billion across 185 portfolio companies as of September 30, 2025, with 80% senior secured and 77% first lien investments.
- OTF declared a Q3 2025 total dividend of $0.40 per share (comprising a $0.35 regular dividend and a $0.05 special dividend) and also declared a consistent Q4 2025 regular dividend of $0.35 per share and a $0.05 special dividend.
- The company maintained a debt to equity ratio of 0.57x and reported $3.5 billion in liquidity (cash and undrawn debt capacity) as of September 30, 2025.
Nov 6, 2025, 4:30 PM
OTF Reports Strong Q3 2025 Results and Updates on Leverage and Liquidity
OTF
Earnings
Dividends
Delisting/Listing Issues
- OTF delivered strong third-quarter 2025 results, with its Net Asset Value (NAV) increasing to $17.27, up $0.10 or 60 basis points from Q2 2025. The company reported an adjusted Net Investment Income (NII) of $0.32 per share and an adjusted net income ROE (inclusive of gains) of 12.6%.
- The company declared a Q4 regular dividend of $0.35 per share and five special dividends of $0.05 per share each, resulting in a total dividend yield of 9.3%.
- OTF's portfolio investments totaled approximately $13 billion with a low non-accrual rate of three basis points and a conservative average loan-to-value ratio of 33%. Net leverage stood at 0.57 times at quarter-end.
- The company aims to increase net leverage to a target range of 0.9-1.25 times, with expectations to be in the center of this range by the end of 2026. In Q3 2025, OTF deployed $1 billion in new investment commitments and has a backlog of over $500 million in transactions expected to fund in Q4 2025.
- To enhance liquidity, OTF revised its lockup release schedule, with approximately 11% of shares outstanding to be released each month starting November 13. The company also repurchased $9 million of shares at an average price-to-book value of 0.84 times.
Nov 6, 2025, 4:30 PM
Quarterly earnings call transcripts for Blue Owl Technology Finance.
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