Blue Owl Capital

Q2 FY2026 EarningsQ2 FY26 performance was mixed compared to consensus: revenue of $753.1M beat expectations of $687.7M, but adjusted EPS (Normalized) of $0.18 (Distributable Earnings basis) missed the $0.22 mean estimate. While GAAP revenue grew 7.1% YoY driven by solid fundraising in Credit and Real Assets, the bottom line was weighed down by increased compensation and interest expenses. Management maintained a stable quarterly dividend of $0.23, reflecting confidence in the fee-related earnings model despite short-term margin pressures.