Blue Owl Capital Reports Strong Q2 Earnings with Fee Growth
Blue Owl Capital (NYSE:OWL) reported solid second-quarter results for 2026, with both fee-related earnings and distributable earnings rising by 9% year over year. The company declared a quarterly dividend of $0.23 per share and reaffirmed its expectation to exceed consensus estimates due primarily to growth in management fees. The firm ended the quarter with $31 billion in non-fee-paying assets under management (AUM), which could generate approximately $380 million annually once deployed, supporting future fee-related earnings. Blue Owl also raised $7.8 billion in capital during Q2 and expects continued acceleration of management-fee growth over the next two quarters. Real assets AUM increased by 25% year-over-year due to net lease and digital infrastructure strategies, while alternative credit grew by 35%. Credit performance remained strong with limited watch-list changes and a low realized loss rate.
Tickers: $OWL
Topics: alternative_assets dividend_declaration fee_related_earnings