OakTree Specialty Lend | 8-K: FY2025 Q4 Revenue Beats Estimate at USD 77.32 M

Revenue: As of FY2025 Q4, the actual value is USD 77.32 M, beating the estimate of USD 76.51 M.

EPS: As of FY2025 Q4, the actual value is USD 0.28.

EBIT: As of FY2025 Q4, the actual value is USD -7.883 M.

Segment Revenue

• Total investment income for the fourth fiscal quarter of 2025 was $77.3 million, compared to $75.3 million in the third fiscal quarter of 2025.
• Total investment income for the full year ended September 30, 2025 was $316.8 million, compared to $381.7 million for the full year of 2024.

Operational Metrics

• GAAP net investment income for the fourth fiscal quarter was $35.8 million, compared to $33.5 million in the third fiscal quarter of 2025.
• GAAP net investment income for the full year was $152.6 million, compared to $175.1 million for the full year of 2024.
• Net asset value (NAV) per share was $16.64 as of September 30, 2025, down from $16.76 as of June 30, 2025 and $18.09 as of September 30, 2024.
• GAAP net investment income was $0.41 per share, and adjusted net investment income was $0.40 per share for the quarter ended September 30, 2025, compared to $0.38 and $0.37 per share, respectively, in the prior quarter.

Cash Flow

• Liquidity as of September 30, 2025 was composed of $79.6 million of unrestricted cash and cash equivalents and $615 million of undrawn capacity under the Company’s credit facility.
• The company had $695 million in liquidity, including $80 million in cash and $615 million of undrawn capacity on its credit facility.

Unique Metrics

• Originated $208.2 million of new investment commitments and received $177.0 million of proceeds from prepayments, exits, other paydowns, and sales during the quarter ended September 30, 2025.
• $208 million of new investment commitments and $220 million of new investment fundings were made, with $177 million received from prepayments, exits, other paydowns, and sales.

Outlook / Guidance

• The company remains disciplined in underwriting and selective in deploying capital in light of the uncertain outlook.
• The company believes its liquidity and capital resources are sufficient to invest in market opportunities as they arise.
• The weighted average interest rate on debt outstanding was 6.5% as of September 30, 2025, down from 6.6% as of June 30, 2025.
• The company anticipates future operating results and distribution projections, with plans to implement future business strategies and achieve investment objectives. It expects to make impactful investments and manage cash resources and working capital effectively, despite global economic challenges such as inflation and geopolitical events.