Blue Owl Capital Corp (OBDC) Form 8-K — Aug 5, 2026
Blue Owl Capital Corporation (NYSE: OBDC) reported second quarter 2026 results with GAAP net investment income of $0.36 per share and adjusted NII of $0.34 per share, up from $0.31 in the prior quarter, translating into a 9.6% annualized return on adjusted NII and a return to positive net income of $0.13 per share. Net asset value per share slipped to $14.26 from $14.41 at March 31, 2026, as markdowns on a small number of names outweighed over-earning the dividend and accretive share repurchases, while non-accruals rose to 2.8% of the portfolio at cost (0.8% at fair value).
Key figures
- Eps
- 0.13
- Revenue
- 401342000
- Net Income
- 65739000
- Total Debt
- 7903533000
- Total Assets
- 15354604000
- Cash Position
- $238 million (cash and restricted cash)
- Shares Outstanding
- 493142569
- Nav per share
- 14.26
- Net assets usd
- 7031759000
- Gaap nii per share
- 0.36
- Net debt to equity
- 1.11
- Portfolio companies
- 229
- Share repurchases usd
- 35000000
- Adjusted nii per share
- 0.34
- Secured funding mix pct
- 33.6
- Portfolio fair value usd
- 14955049000
- Sales and repayments usd
- 746699000
- Unsecured funding mix pct
- 66.4
- Prior quarter nav per share
- 14.41
- Undrawn credit capacity usd
- 4200000000
- Year ago gaap nii per share
- 0.42
- Unsecured debt issued q2 usd
- 800000000
- Annualized dividend yield pct
- 9.3
- New investment commitments usd
- 319324000
- Q3 2026 base dividend per share
- 0.31
- Unsecured notes outstanding usd
- 5300000000
- Total dividends declared per share
- 0.33
- Prior quarter adjusted nii per share
- 0.31
- Total principal debt outstanding usd
- 8000000000
- Annualized return on adjusted nii pct
- 9.6
- Non accruals pct of portfolio at cost
- 2.8
- Prior quarter base dividend per share
- 0.37
- Prior quarter non accruals at cost pct
- 2
- Q2 2026 supplemental dividend per share
- 0.02
- Non accruals pct of portfolio at fair value
- 0.8
- Weighted avg yield of accruing debt at fv pct
- 9.9
Price after filing
Close on the filing date to close N calendar days later (from $11.20). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.