Oaktree Specialty Lending Corp (OCSL) Form 8-K — Aug 5, 2026
Oaktree Specialty Lending (NASDAQ: OCSL) reported fiscal third quarter 2026 results with total investment income of $69.4 million ($0.79 per share) and GAAP net investment income of $0.37 per share, down from $0.39 the prior quarter on a smaller average portfolio balance and higher income-based incentive fees. Credit quality improved markedly: NAV ticked up to $15.70 from $15.69, non-accruals fell to 1.8% of debt investments at fair value (six positions versus ten last quarter), and net leverage eased to 1.02x, within the company's 0.90x to 1.25x target range.
Key figures
- Eps
- 0.35
- Revenue
- 69433000
- Net Income
- 30940000
- Total Debt
- 1451000000
- Revenue Yoy
- -7.8% (total investment income of $69.4M vs. $75.3M in the year-ago quarter)
- Total Assets
- 2858192000
- Cash Position
- 39921000
- Shares Outstanding
- 88086000
- Gaap nii
- $32.5 million ($0.37 per share)
- Adjusted nii
- $32.2 million ($0.37 per share)
- Nav per share
- 15.7
- Debt to equity
- 1.05x
- Net debt to equity
- 1.02x
- Portfolio fair value
- $2.7 billion across 163 portfolio companies
- Target leverage range
- 0.90x to 1.25x
- Total investment income
- $69.4 million ($0.79 per share)
- New investment commitments
- $206.4 million
- Nav per share prior quarter
- 15.69
- Proceeds from exits paydowns
- $262.8 million
- Non accruals pct debt at cost
- 4.2%
- Distribution declared per share
- $0.30 quarterly plus $0.03 supplemental ($0.33 total)
- Number of non accrual positions
- 6
- Unfunded investment commitments
- $235.4 million
- Undrawn credit facility capacity
- $659.0 million
- Weighted avg interest rate on debt
- 5.9%
- Non accruals pct debt at fair value
- 1.8% (vs. 2.6% prior quarter)
- Weighted avg yield on debt investments
- 9.3%
- Weighted avg yield on new debt commitments
- 10.0%
Price after filing
Close on the filing date to close N calendar days later (from $11.94). Historical, not a forecast.
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