Blue Owl Capital Quarterly Cash Flow Statement
NYSE: OWLFinanceInvestment ManagersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Blue Owl Capital free cash flow
In the quarter ended Jun 30, 2026, Blue Owl Capital generated $461.3 million of operating cash flow and spent $8.3 million on capital expenditures. That left free cash flow of $452.9 million, a free-cash-flow margin of 330.5% of revenue. Free cash flow was up 9.8% from the prior year's $412.5 million.
Blue Owl Capital returned $155.4 million to shareholders through dividends, equal to 34% of free cash flow. Free cash flow covered dividend payments 2.9 times.
Summary generated from market data by MetaCap's automated system. Methodology
Blue Owl Capital cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 60.66M | 79.59M | 150.75M | 47.37M | 70.70M | 36.67M | 71.06M | 99.32M | 138.05M | 112.01M | 81.19M | 63.51M |
| Net Income growth (YoY) | -14.19% | +117.05% | +112.16% | -52.30% | -48.79% | -67.26% | -12.49% | +56.39% | +305.58% | +166.48% | +4526.32% | — |
| Depreciation & Amortization | 7.84M | 6.38M | 5.95M | 5.82M | 6.12M | 5.56M | 4.95M | 4.94M | 3.96M | 2.81M | 2.82M | 2.90M |
| Stock-Based Compensation | 185.88M | 195.52M | 161.71M | 173.09M | 169.05M | 169.68M | 109.32M | 77.61M | 59.97M | 65.71M | 93.49M | 74.97M |
| Change in Working Capital | 6.36M | -1.74M | -21.72M | -38.58M | 2.55M | -35.66M | 9.62M | -15.39M | -7.70M | -634.00K | -11.29M | -3.21M |
| Operating Cash Flow | 461.25M | 102.81M | 382.85M | 433.09M | 422.51M | 17.59M | 324.02M | 326.00M | 302.29M | 47.25M | 308.35M | 281.70M |
| Capital Expenditures | -8.30M | -13.82M | -23.73M | -10.63M | -10.04M | -13.34M | -13.92M | -11.24M | -32.89M | -6.14M | -33.53M | -18.52M |
| Investing Cash Flow | -54.67M | -27.10M | 13.10M | -21.47M | -65.18M | -197.02M | -46.28M | -441.84M | -134.69M | -15.33M | -23.92M | -37.21M |
| Dividends Paid | -155.43M | -150.54M | -149.41M | -146.47M | -140.77M | -110.01M | -108.22M | -101.22M | -93.70M | -65.19M | -63.82M | -63.71M |
| Share Repurchases | 0 | -25.00M | -52.00M | 0 | -1.69M | 0 | 0 | 0 | — | — | 0 | 0 |
| Debt Issued | 520.00M | 1.04B | 520.00M | 440.00M | 350.00M | 960.00M | 130.00M | 90.00M | 1.23B | 720.00M | 235.00M | 215.00M |
| Debt Repaid | -535.00M | -540.00M | -430.00M | -450.00M | -300.00M | -360.00M | -90.00M | 0 | -825.00M | -330.00M | -300.00M | -225.00M |
| Financing Cash Flow | -427.98M | -79.76M | -338.72M | -391.96M | -337.33M | 124.97M | -241.55M | -205.00M | 113.39M | 19.68M | -256.96M | -209.11M |
| Net Change in Cash | -21.40M | -4.05M | 57.24M | 19.66M | 20.00M | -54.47M | 36.19M | -320.85M | 280.99M | 51.60M | 27.46M | 35.37M |
| Free Cash Flow | 452.95M | 88.98M | 359.12M | 422.46M | 412.46M | 4.25M | 310.10M | 314.76M | 269.40M | 41.11M | 274.82M | 263.18M |
This table shows 12 quarterly periods of Blue Owl Capital's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow OWL's reporting calendar. What is a cash flow statement?