Blue Owl Capital Inc. (NYSE:OWL) reported first-quarter results on Thursday that came in ahead of analyst expectations, supported by strong growth in assets under management.
Adjusted earnings per share were $0.19, slightly above the $0.18 consensus estimate.
Revenue reached $753.81 million, comfortably exceeding the $689.69 million forecast.
Assets under management expanded to $315 billion as of March 31, 2026, reflecting continued fundraising momentum and capital deployment.
Co-CEOs Doug Ostrover and Marc Lipschultz credited the performance to the strength of the firm’s three core platforms: Credit, Real Assets, and GP Strategic Capital.
“Our financial results reflect stability, stemming from our durable capital base, and growth, driven by fundraising and ongoing capital deployment,” they said, adding that performance remains solid across all three segments.
Shares rose 4.5% following the announcement, as investors responded positively to the earnings beat and continued AUM expansion.
The company also declared a quarterly dividend of $0.23 per Class A share, payable on May 27, 2026, to shareholders of record as of May 13, 2026.