Blue Owl Technology Finance Corp.
NYSE:OTF · New York Stock Exchange
+$0.05 today
Vol 2.39M · Avg 2.23M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NYSE:OTF · Revenue to Net Income
Key Ratios
Analysis
$1.4B of revenue converted into $422.3M of net income for the selected period. Gross margin is 76.1% and net margin is 39.1%, showing how much revenue survives after costs and taxes. EPS is $1.83, 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 | $1.1B +99.8% | $536.9M -8.6% | $587.4M +233.5% | $176.1M -67.2% | $537.1M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $293.6M +60.0% | $183.5M -1.5% | $186.2M +47.6% | $126.2M +49.3% | $84.5M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $779.3M +120.5% | $353.5M -11.9% | $401.2M +702.9% | $50.0M -89.0% | $452.6M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 72.6% +6.8pp | 65.8% -2.5pp | 68.3% +39.9pp | 28.4% -55.9pp | 84.3% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $23.7M +75.6% | $13.5M -0.9% | $13.6M +6.9% | $12.8M -5.5% | $13.5M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $50.8M +123.0% | $22.8M -0.9% | $23.0M -0.6% | $23.1M +1.3% | $22.8M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $374.2M | $1.2B | $631.8M |
| EBITDA | $728.6M +41.7% | $514.2M -8.9% | $564.5M +268.8% | $153.0M -70.2% | $514.2M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 67.9% -27.9pp | 95.8% -0.3pp | 96.1% +9.2pp | 86.9% -8.9pp | 95.8% | 5.6% | 46.3% | 42.0% |
| Operating Income | $728.6M +120.3% | $330.7M -12.6% | $378.3M +1307.9% | $26.9M -93.7% | $429.7M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 67.9% +6.3pp | 61.6% -2.8pp | 64.4% +49.1pp | 15.3% -64.8pp | 80.0% | 16.6% | 24.1% | 22.0% |
| Interest Income | $1.1B +78.9% | $628.5M -1.9% | $640.6M +39.9% | $457.9M +37.2% | $333.7M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $321.5M +75.2% | $183.5M -1.5% | $186.2M +47.6% | $126.2M +49.3% | $84.5M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $0 | $0 | $0 | $0 | $0 | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $728.6M +120.3% | $330.7M -12.6% | $378.3M +1307.9% | $26.9M -93.7% | $429.7M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 67.9% +6.3pp | 61.6% -2.8pp | 64.4% +49.1pp | 15.3% -64.8pp | 80.0% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $8.2M -28.6% | $11.5M +25.6% | $9.1M +16.0% | $7.9M +59.9% | $4.9M | $1.3B | -$1.6B | $745.2M |
| Net Income | $720.4M +125.7% | $319.2M -13.5% | $369.1M +1842.9% | $19.0M -95.5% | $424.8M | $4.9B | $4.8B | $4.7B |
| Net Margin | 67.1% +7.7pp | 59.5% -3.4pp | 62.8% +52.1pp | 10.8% -68.3pp | 79.1% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $2 +15.8% | $2 -15.6% | $2 +1900.0% | $0 -97.0% | $3 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $2 +15.8% | $2 -15.6% | $2 +1900.0% | $0 -97.0% | $3 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $409.4M +95.2% | $209.8M +2.3% | $205.0M +1.8% | $201.4M +0.0% | $201.4M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $409.4M +95.2% | $209.8M +2.3% | $205.0M +1.8% | $201.4M +0.0% | $201.4M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Honeywell International Inc.
NASDAQ:HON
$146.16B
Affiliated Managers Group, Inc.
NYSE:AMG
$9.45B
Janus Henderson Group plc
NYSE:JHG
$8.00B
Pinnacle Financial Partners, Inc.
NYSE:PNFP
$7.42B
Blue Owl Capital Corporation
NYSE:OBDC
$5.42B
Marathon Digital Holdings, Inc.
NASDAQ:MARA
$5.26B
Main Street Capital Corporation
NYSE:MAIN
$4.77B
Hamilton Lane Incorporated
NASDAQ:HLNE
$4.54B
Atlas Corp.
ATCO
$4.45B
Prospect Capital Corporation
NASDAQ:PSEC
$1.12B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does OTF generate?
Blue Owl Technology Finance Corp. (OTF) reported $1.07B of revenue in fiscal 2025.
Is OTF profitable?
Blue Owl Technology Finance Corp. (OTF) reported $720.37M of net income, with a net margin of 67.1%.
Explore More
Continue the stock analysis
Jump to another research area for this company.