Blue Owl Capital Inc. (OWL) Earnings Call Transcripts
Blue Owl Capital Inc.'s Latest Earnings Call - May 29, 2026
In the Q2 2026 earnings call for Blue Owl Capital Inc., management highlighted a resilient performance amid macroeconomic challenges, signaling continued strength in their credit and real estate segments. Revenue for the quarter was reported at $350 million, with fee-related earnings expected to grow in the high single digits for the fiscal year, despite lower gross flows in direct lending products. Management maintained a positive outlook, emphasizing durable performance and a strong pipeline in their real estate and digital infrastructure businesses, which could serve as key growth drivers moving forward.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $350 million (beat) |
| Fee-Related Earnings Growth Guidance | High single digits (inline) |
| Loan Repayments | $6 billion (positive) |
| Current Yield (Triple Net Lease) | 7% (positive) |
| Return (Triple Net Lease) | 11% (positive) |
| Pipeline in Digital Infrastructure | $100 billion (positive) |
Guidance from management
Management maintained guidance for high single-digit fee-related earnings growth for 2026, emphasizing the predictability of their revenue model despite potential headwinds from retail flows.
What analysts pressed on
Analysts expressed skepticism regarding the sustainability of high single-digit earnings growth guidance given the observed decline in retail flows and elevated redemption requests. There are concerns about how these factors could impact overall performance and investor sentiment in the near term.
Main topics on the call
- Resilience in Credit Portfolio — Management reported a strong credit quality with an average performance of portfolio companies showing 'high single-digit revenue, high single-digit EBITDA growth.' They noted $6 billion in loans were repaid during the q...
- Retail Flow Dynamics — Management acknowledged a decrease in gross flows for direct lending products in Q2 compared to Q1, attributing it to market volatility. However, they observed a 'total change in tone' among investors, suggesting a poten...
- Strong Performance in Real Estate — The triple net lease business has been thriving, with a reported 7% current yield and an 11% return last year. Management highlighted a $100 billion pipeline in digital infrastructure, indicating significant growth oppor...
- Guidance on Fee-Related Earnings Growth — Management maintained guidance for high single-digit fee-related earnings growth for 2026, emphasizing predictability in their revenue model despite potential headwinds from retail flows. They noted that 'fund flows toda...
Read the full Blue Owl Capital Inc. transcript (May 29, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Blue Owl Capital Inc.
Blue Owl Capital Inc. (OWL) is a publicly listed company in the Capital Markets industry, within the Financials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 41 calls on record spanning August 10, 2021 to July 30, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 41 Blue Owl Capital Inc. earnings call transcripts on record, spanning August 10, 2021 to July 30, 2026. Based on this history, Blue Owl Capital Inc. reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- OWL
- Exchange
- NYSE
- Country
- US
- Sector
- Financials
- Industry
- Capital Markets
- Calls on record
- 41
- First call
- August 10, 2021
- Most recent
- July 30, 2026
- Reporting cadence
- quarterly