Oaktree Specialty Lending Corporation
Financial ServicesNASDAQ:OCSL · NASDAQ Global Select
+$0.10 today
Vol 0.51M · Avg 0.91M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$284.9M of revenue converted into $49.6M of net income for the selected period. Gross margin is 78.1% and net margin is 15.0%, showing how much revenue survives after costs and taxes. EPS is $0.57, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $299.7M +60.9% | $186.2M -21.4% | $236.8M +175.3% | $86.0M -69.1% | $278.8M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $38.3M -70.2% | $128.6M +15.2% | $111.6M +137.9% | $46.9M +53.8% | $30.5M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $261.4M +353.7% | $57.6M -54.0% | $125.2M +220.1% | $39.1M -84.2% | $248.3M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 87.2% +56.3pp | 30.9% -21.9pp | 52.9% +7.4pp | 45.5% -43.6pp | 89.1% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $8.5M -10.7% | $9.5M -18.5% | $11.7M +26.1% | $9.3M +2.0% | $9.1M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $110.4M +59750.8% | -$185.0K -103.0% | $6.1M -1.8% | $6.3M -16.2% | $7.5M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $374.2M | $1.2B | $631.8M |
| EBITDA | $151.0M +161.3% | $57.8M -51.5% | $119.1M +262.3% | $32.9M -86.4% | $240.8M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 50.4% +19.4pp | 31.0% -19.2pp | 50.3% +12.1pp | 38.2% -48.2pp | 86.4% | 5.6% | 46.3% | 42.0% |
| Operating Income | $151.0M +161.3% | $57.8M -51.5% | $119.1M +262.3% | $32.9M -86.4% | $240.8M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 50.4% +19.4pp | 31.0% -19.2pp | 50.3% +12.1pp | 38.2% -48.2pp | 86.4% | 16.6% | 24.1% | 22.0% |
| Interest Income | $307.5M -16.2% | $367.1M -0.4% | $368.5M +47.7% | $249.4M +30.7% | $190.8M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $115.8M -9.9% | $128.6M +15.2% | $111.6M +137.9% | $46.9M +53.8% | $30.5M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$115.8M | $0 | $0 | $0 | $0 | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $35.2M -39.1% | $57.8M -51.5% | $119.1M +262.3% | $32.9M -86.4% | $240.8M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 11.7% -19.3pp | 31.0% -19.2pp | 50.3% +12.1pp | 38.2% -48.2pp | 86.4% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $1.3M +1262.0% | -$108.0K -106.2% | $1.7M -52.3% | $3.6M +1.6% | $3.6M | $1.3B | -$1.6B | $745.2M |
| Net Income | $33.9M -41.4% | $57.9M -50.6% | $117.3M +301.5% | $29.2M -87.7% | $237.3M | $4.9B | $4.8B | $4.7B |
| Net Margin | 11.3% -19.8pp | 31.1% -18.4pp | 49.5% +15.6pp | 34.0% -51.1pp | 85.1% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $0 -45.8% | $1 -55.8% | $2 +239.6% | $0 -89.1% | $4 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $0 -45.8% | $1 -55.8% | $2 +239.6% | $0 -89.1% | $4 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $86.1M +7.0% | $80.4M +11.5% | $72.1M +18.8% | $60.7M +12.4% | $54.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $86.1M +7.0% | $80.4M +11.5% | $72.1M +18.8% | $60.7M +12.4% | $54.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
EZCORP, Inc.
NASDAQ:EZPW
$1.83B
Capital Southwest Corporation
NASDAQ:CSWC
$1.46B
ProAssurance Corporation
NYSE:PRA
$1.28B
Prospect Capital Corporation
NASDAQ:PSEC
$1.16B
Goldman Sachs BDC, Inc.
NYSE:GSBD
$1.04B
Jefferson Capital, Inc. Common Stock
NASDAQ:JCAP
$906.65M
Barings BDC, Inc.
NYSE:BBDC
$878.49M
MidCap Financial Investment Corporation
NASDAQ:MFIC
$837.73M
Navient Corporation
NASDAQ:NAVI
$749.10M
Lufax Holding Ltd
NYSE:LU
$557.63M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does OCSL generate?
Oaktree Specialty Lending Corporation (OCSL) reported $299.70M of revenue in fiscal 2025.
Is OCSL profitable?
Oaktree Specialty Lending Corporation (OCSL) reported $33.92M of net income, with a net margin of 11.3%.
Explore More
Continue the stock analysis
Jump to another research area for this company.