Oaktree Specialty Lending Corporation (NASDAQ: OCSL) has released its financial results for the first quarter ended December 31, 2025. Here are the specific figures reflecting changes in various metrics:
- Total investment income was $75.1 million for the first fiscal quarter of 2026, down from $77.3 million in the fourth fiscal quarter of 2025.
- Adjusted total investment income was $74.5 million for the first fiscal quarter of 2026, compared to $76.9 million for the fourth fiscal quarter of 2025.
- GAAP net investment income increased to $36.7 million for the first fiscal quarter of 2026 from $35.8 million in the fourth fiscal quarter of 2025.
- Adjusted net investment income was $36.1 million for the first fiscal quarter of 2026, up from $35.4 million in the fourth fiscal quarter of 2025.
- Net asset value (NAV) per share decreased to $16.30 as of December 31, 2025, from $16.64 as of September 30, 2025.
- Oaktree Specialty Lending originated $316.6 million of new investment commitments and received $178.5 million of proceeds from prepayments, exits, other paydowns, and sales during the quarter ended December 31, 2025.
- Total debt outstanding was $1,615.0 million as of December 31, 2025, with a total debt to equity ratio of 1.12x and a net debt to equity ratio of 1.07x, after adjusting for cash and cash equivalents.
- Liquidity as of December 31, 2025, was composed of $80.8 million of unrestricted cash and cash equivalents and $495.0 million of undrawn capacity under the company’s credit facility.
- A quarterly cash distribution was declared of $0.40 per share payable in cash on March 31, 2026, to stockholders of record on March 16, 2026.
These figures reflect the company's performance and financial position, showing changes in income, investment activity, debt levels, and liquidity compared to the previous period. The market has reacted to these announcements by moving the company's shares -1.0% to a price of $12.87. For more information, read the company's full 8-K submission here.
