$OBDC earnings report

This filing does not report third-quarter earnings. It announces that Blue Owl Capital Corporation will release financial results for the third quarter ended September 30, 2026 on Wednesday, November 4, 2026 after market close, followed by a webcast and conference call on Thursday, November 5, 2026 at 10:00 a.m. Eastern Time.

Accordingly, the document provides no reported revenue, investment income, expenses, net investment income, net income, earnings per share, net asset value, or GAAP versus non-GAAP measures for the September 30 period. It also supplies no comparable prior-year or prior-quarter financial figures and no stated growth rates.

The sole portfolio datapoint is historical rather than third-quarter results: as of June 30, 2026, OBDC had investments in 229 portfolio companies with an aggregate fair value of $15.0 billion. The filing describes OBDC as a specialty finance company focused on lending to U.S. middle-market companies and states that it is externally managed by Blue Owl Credit Advisors LLC.

There is no capital-allocation disclosure in the announcement. The filing does not report dividends, share repurchases, cash, debt, operating cash flow, or free cash flow. It likewise offers no financial outlook or guidance, leaving the forthcoming November release as the next document expected to provide the period's operating and portfolio performance.

For investors, the immediate focus is the scheduled results release and call. The filing itself provides no basis to assess demand, portfolio mix, credit performance, margins, earnings progression, liquidity, leverage, or capital returns for the third quarter ended September 30, 2026.

OBDC generated stronger sequential recurring earnings per share, with GAAP net investment income per share of $0.36 versus $0.32 and adjusted NII per share of $0.34 versus $0.31. Investment income increased to $401 million from $397 million, led by higher dividend income and non-recurring other income from a preferred-equity realization. The Company also stated that lower average investments partially offset those income drivers. Total expenses fell to $224 million from $235 million as daily average borrowings declined from $9.3 billion to $8.4 billion.

The portfolio continued to be concentrated in senior and floating-rate credit. First-lien senior secured debt investments were $10,937,849 and represented 73.2 % of total investments, while senior secured debt investments represented 78.8 % of investments. Debt investments were 96.0 % floating rate, and the weighted average spread over the base rate was unchanged at 5.6 %. The weighted average total yield of accruing debt and income-producing securities at fair value declined to 9.9 % from 10.0 %.

Credit and valuation require attention. NAV per share fell to $14.26 from $14.41, with the Company citing markdowns on a small number of names. GAAP net realized and unrealized losses were $(0.22) per share. Investments on non-accrual increased to 2.8% of the portfolio at cost from 2.0%, although non-accruals at fair value declined to 0.8% from 1.0%. The Company stated that portfolio company operating trends remained stable and credit performance tracked in line with expectations.

Investment activity moderated. Total new investment commitments were $319,324, compared with $676 million in the prior quarter and $1,116,767 in the prior-year quarter. Principal funding totaled $218,615, while investments sold or repaid totaled $(746,699). New debt commitments were entirely floating rate, but the weighted average interest rate on new commitments was 8.7 %, compared with 9.7 % in the prior-year quarter, and the floating-rate spread was 4.9 %, compared with 5.4 %.

Capital allocation combined shareholder distributions, repurchases, and debt-facility actions. Dividends declared totaled $0.33 per share, including a $0.02 per share supplemental dividend, and the Company repurchased approximately $35 million of common stock. It also issued $800 million of unsecured debt and extended its revolving credit facility. Net debt-to-equity was 1.11x, compared with 1.13x in the prior quarter, and the Company reported $238 million of cash and restricted cash plus $4.2 billion of undrawn credit-facility capacity. The filing did not provide earnings or financial outlook guidance beyond the declared third quarter 2026 base dividend.