)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Oaktree Specialty Lending (OCSL) investor relations material
Oaktree Specialty Lending Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary5 Aug, 2025
Executive summary
Net asset value per share increased slightly to $16.76, supported by unrealized appreciation, despite lower net investment income and a smaller portfolio.
Adjusted net investment income declined to $0.37 per share, impacted by nonrecurring and noncash refinancing items, lower nonrecurring income, and higher expenses.
The Board declared a quarterly cash distribution of $0.40 per share, payable September 30, 2025.
Portfolio at $2.8 billion fair value across 149 companies, with 83%+ senior secured and over 90% floating rate debt.
New investment commitments totaled $147 million for the quarter, with $249 million in exits and paydowns.
Financial highlights
Adjusted net investment income was $32.5M ($0.37/share), down from $38.7M ($0.45/share) in the prior quarter.
Adjusted total investment income declined by $2.9M quarter-over-quarter, mainly due to lower nonrecurring income and a smaller average portfolio.
Net expenses rose by $3.5M, driven by higher interest expense from nonrecurring and noncash items.
Weighted average interest rate on debt outstanding was 6.6%.
Net leverage ratio was 0.93x; total debt to equity ratio was 0.99x; total debt outstanding was $1.46B.
Outlook and guidance
Management remains confident in the $0.40 base dividend, supported by strong liquidity, capital resources, and a robust investment pipeline.
Target leverage ratio remains 0.9x to 1.25x, with plans to move toward the midpoint to support earnings.
Management is focused on leveraging the platform for attractive investment opportunities and long-term portfolio success.
Management continues to monitor macroeconomic headwinds, including inflation, interest rates, and geopolitical risks.
Explain the drivers behind OCSL's higher first lien spreads.
Discuss the plan to increase earnings to support the dividend.
Detail the asset-backed opportunities OCSL is pursuing.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Oaktree Specialty Lending earnings date
Q4 202518 Nov, 2025
Next Oaktree Specialty Lending earnings date
Q4 202518 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
Headquartered in Los Angeles, California, Oaktree Specialty Lending Corporation is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, preferred equity and management buyouts in small and mid-sized companies.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage