v3.26.1
Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 169,057 $ 194,512
Due from related parties 690,838 694,056
Investments (includes $423,339 and $358,153 at fair value and $222,081 and $162,747 of investments in the Company’s products, respectively) 563,671 484,389
Operating lease assets 450,642 456,204
Strategic Revenue-Share Purchase consideration, net 307,120 329,207
Deferred tax assets 1,426,676 1,413,528
Intangible assets, net 2,718,784 2,888,800
Goodwill 5,624,469 5,624,469
Other assets, net 382,902 382,519
Total Assets 12,334,159 12,467,684
Liabilities    
Debt obligations, net 3,812,233 3,324,426
Accrued compensation 434,731 525,550
Operating lease liabilities 532,315 538,147
TRA liability (includes $98,659 and $106,793 at fair value, respectively) 1,636,766 1,658,999
Earnout liability, at fair value 93,700 163,700
Deferred tax liabilities 37,995 39,663
Accounts payable, accrued expenses and other liabilities 172,622 163,000
Total Liabilities 6,720,362 6,413,485
Commitments and Contingencies (Note 8)
Stockholders’ Equity    
Additional paid-in capital 3,882,396 3,812,770
Accumulated deficit (1,888,494) (1,609,455)
Accumulated other comprehensive income 2,473 1,892
Total Stockholders’ Equity Attributable to Blue Owl Capital Inc. 1,996,530 2,205,362
Stockholders’ equity attributable to noncontrolling interests 3,617,267 3,848,837
Total Stockholders’ Equity 5,613,797 6,054,199
Total Liabilities and Stockholders’ Equity 12,334,159 12,467,684
Class A Shares    
Stockholders’ Equity    
Common stock value 68 67
Class C Shares    
Stockholders’ Equity    
Common stock value 57 58
Class D Shares    
Stockholders’ Equity    
Common stock value $ 30 $ 30