v3.26.1
Consolidated Statements of Changes in Stockholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Total
Class A Shares
Class C Shares
Class D Shares
Blue Owl Capital Inc.
Common Stock
Class A Shares
Common Stock
Class A Shares
Class C Shares and Common Units Exchanged for Class A Shares
Common Stock
Class A Shares
Class D Shares and Common Units Exchanged for Class A Shares
Common Stock
Class C Shares
Common Stock
Class C Shares
IPI Acquisition
Common Stock
Class D Shares
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Stockholders’ Equity Attributable to Noncontrolling Interests
Stockholders’ Equity Attributable to Noncontrolling Interests
Class C Shares
IPI Acquisition
Beginning balance at Dec. 31, 2024           $ 61     $ 58   $ 31 $ 3,269,239 $ (1,141,631) $ 0 $ 3,678,278  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Class C Shares and Common Units issued in connection with IPI Acquisition, including IPI Subsequent Payment                   $ 4           $ 998,361
Share exchanges           4     (3)              
Shares delivered on vested Common Units                 0              
Deferred taxes on capital transactions                       128,840        
TRA liability on capital transactions                       (206,596)        
Equity-based compensation                       26,306     270,073  
Contributions                             20,066  
Distributions                             (490,163)  
Withholding taxes on vested RSUs                       (20,107)     (33,675)  
Class A Share repurchases   $ 1,691                   1,691        
Reallocation between additional paid-in capital and noncontrolling interests due to changes in Blue Owl Operating Group ownership                       519,785     (519,785)  
Other                       3        
Cash dividends declared on Class A Shares                         (250,781)      
Net income attributable to Blue Owl Capital Inc. $ 24,856                       24,856      
Other comprehensive income attributable to Blue Owl Capital Inc.                           2,425    
Net income attributable to noncontrolling interests (82,510)                           82,510  
Other comprehensive income attributable to noncontrolling interests                             3,347  
Ending Balance at Jun. 30, 2025 $ 6,359,815       $ 2,350,803 $ 65     $ 59   $ 31 3,715,779 (1,367,556) 2,425 4,009,012  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Cash Dividends Paid per Class A Share (in dollars per share) $ 0.405                              
Beginning balance (in shares) at Dec. 31, 2024           608,346,194     579,980,769   310,415,409          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Class A Share repurchases (in shares)   (114,228)       (114,228)                    
Shares delivered on vested RSUs (in shares)           2,866,995                    
Shares and Common Units issued in connection with Prima and IPI Acquisition, including IPI Subsequent Payment (in shares)                   43,509,675            
Shares and Common Units exchanged for Class A Shares (in shares)             37,596,985 2,396,206                
Other (in shares)           294                    
Share exchanges (in shares)                 (37,596,985)   (2,396,206)          
Shares delivered on vested Common Units (in shares)                 4,498,652              
Ending balance (in shares) at Jun. 30, 2025           651,092,446     590,392,111   308,019,203          
Beginning balance at Mar. 31, 2025           $ 63     $ 61   $ 31 3,579,592 (1,244,211) 0 4,093,664  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Class C Shares and Common Units issued in connection with IPI Acquisition, including IPI Subsequent Payment                   $ 0           76,190
Share exchanges           2     (2)              
Shares delivered on vested Common Units                 0              
Deferred taxes on capital transactions                       109,829        
TRA liability on capital transactions                       (127,089)        
Equity-based compensation                       11,734     138,392  
Contributions                             10,359  
Distributions                             (222,417)  
Withholding taxes on vested RSUs                       (150)     (242)  
Class A Share repurchases   $ 1,691                   1,691        
Reallocation between additional paid-in capital and noncontrolling interests due to changes in Blue Owl Operating Group ownership                       143,551     (143,551)  
Other                       3        
Cash dividends declared on Class A Shares                         (140,771)      
Net income attributable to Blue Owl Capital Inc. $ 17,426                       17,426      
Other comprehensive income attributable to Blue Owl Capital Inc.                           2,425    
Net income attributable to noncontrolling interests (53,270)                           53,270  
Other comprehensive income attributable to noncontrolling interests                             3,347  
Ending Balance at Jun. 30, 2025 $ 6,359,815       2,350,803 $ 65     $ 59   $ 31 3,715,779 (1,367,556) 2,425 4,009,012  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Cash Dividends Paid per Class A Share (in dollars per share) $ 0.225                              
Beginning balance (in shares) at Mar. 31, 2025           625,652,391     607,561,169   308,619,203          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Class A Share repurchases (in shares)   (114,228)       (114,228)                    
Shares delivered on vested RSUs (in shares)           55,160                    
Shares and Common Units issued in connection with Prima and IPI Acquisition, including IPI Subsequent Payment (in shares)                   4,417,921            
Shares and Common Units exchanged for Class A Shares (in shares)             24,898,829 600,000                
Other (in shares)           294                    
Share exchanges (in shares)                 (24,898,829)   (600,000)          
Shares delivered on vested Common Units (in shares)                 3,311,850              
Ending balance (in shares) at Jun. 30, 2025           651,092,446     590,392,111   308,019,203          
Beginning balance at Dec. 31, 2025 $ 6,054,199         $ 67     $ 58   $ 30 3,812,770 (1,609,455) 1,892 3,848,837  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Class C Shares and Common Units issued in connection with IPI Acquisition, including IPI Subsequent Payment                   $ 0           0
Share exchanges           1     (1)              
Shares delivered on vested Common Units                 0              
Deferred taxes on capital transactions                       29,103        
TRA liability on capital transactions                       (37,253)        
Equity-based compensation                       40,338     280,952  
Contributions                             6,750  
Distributions                             (539,467)  
Withholding taxes on vested RSUs                       (12,557)     (19,454)  
Class A Share repurchases   $ 25,000                   25,000        
Reallocation between additional paid-in capital and noncontrolling interests due to changes in Blue Owl Operating Group ownership                       74,995     (74,995)  
Other                       0        
Cash dividends declared on Class A Shares                         (305,974)      
Net income attributable to Blue Owl Capital Inc. 26,935                       26,935      
Other comprehensive income attributable to Blue Owl Capital Inc.                           581    
Net income attributable to noncontrolling interests (113,322)                           113,322  
Other comprehensive income attributable to noncontrolling interests                             1,322  
Ending Balance at Jun. 30, 2026 $ 5,613,797       1,996,530 $ 68     $ 57   $ 30 3,882,396 (1,888,494) 2,473 3,617,267  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Cash Dividends Paid per Class A Share (in dollars per share) $ 0.455                              
Beginning balance (in shares) at Dec. 31, 2025   667,278,210 584,552,295 304,449,203   667,278,210     584,552,295   304,449,203          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Class A Share repurchases (in shares)   (1,710,117)       (1,710,117)                    
Shares delivered on vested RSUs (in shares)           3,535,834                    
Shares and Common Units issued in connection with Prima and IPI Acquisition, including IPI Subsequent Payment (in shares)                   0            
Shares and Common Units exchanged for Class A Shares (in shares)             13,504,669 1,300,000                
Other (in shares)           0                    
Share exchanges (in shares)                 (13,504,669)   (1,300,000)          
Shares delivered on vested Common Units (in shares)                 986,798              
Ending balance (in shares) at Jun. 30, 2026   683,908,596 572,034,424 303,149,203   683,908,596     572,034,424   303,149,203          
Beginning balance at Mar. 31, 2026           $ 68     $ 58   $ 30 3,843,448 (1,744,454) 474 3,687,984  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Class C Shares and Common Units issued in connection with IPI Acquisition, including IPI Subsequent Payment                   $ 0           $ 0
Share exchanges           0     0              
Shares delivered on vested Common Units                 (1)              
Deferred taxes on capital transactions                       9,543        
TRA liability on capital transactions                       (21,239)        
Equity-based compensation                       21,828     128,256  
Contributions                             4,342  
Distributions                             (226,787)  
Withholding taxes on vested RSUs                       (14)     (23)  
Class A Share repurchases   $ 0                   0        
Reallocation between additional paid-in capital and noncontrolling interests due to changes in Blue Owl Operating Group ownership                       28,830     (28,830)  
Other                       0        
Cash dividends declared on Class A Shares                         (155,433)      
Net income attributable to Blue Owl Capital Inc. $ 11,393                       11,393      
Other comprehensive income attributable to Blue Owl Capital Inc.                           1,999    
Net income attributable to noncontrolling interests (49,271)                           49,271  
Other comprehensive income attributable to noncontrolling interests                             3,054  
Ending Balance at Jun. 30, 2026 $ 5,613,797       $ 1,996,530 $ 68     $ 57   $ 30 $ 3,882,396 $ (1,888,494) $ 2,473 $ 3,617,267  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Cash Dividends Paid per Class A Share (in dollars per share) $ 0.230                              
Beginning balance (in shares) at Mar. 31, 2026           675,802,413     578,948,693   304,299,203          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Class A Share repurchases (in shares)   0       0                    
Shares delivered on vested RSUs (in shares)           41,914                    
Shares and Common Units issued in connection with Prima and IPI Acquisition, including IPI Subsequent Payment (in shares)                   0            
Shares and Common Units exchanged for Class A Shares (in shares)             6,914,269 1,150,000                
Other (in shares)           0                    
Share exchanges (in shares)                 (6,914,269)   (1,150,000)          
Shares delivered on vested Common Units (in shares)                 0              
Ending balance (in shares) at Jun. 30, 2026   683,908,596 572,034,424 303,149,203   683,908,596     572,034,424   303,149,203