Blue Owl Technology Finance Corp. (OTF)
NYSE:OTF
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.3Last Year’s EPS
0.34Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a balanced but constructive view: credit fundamentals remained strong (very low non-accruals, senior-secured positions, sizable EBITDA of borrowers), management highlighted ample liquidity and successful realizations (notably SpaceX) and positioned the firm to deploy into attractive opportunities as software valuations stabilize. Offsetting these positives were material mark-to-market declines that reduced NAV (~4.8%), adjusted earnings ($0.29/sh) that currently trail distributions ($0.40/sh), spread compression and elevated repayments that slowed the leverage ramp. Management emphasized these were market-driven rather than credit-driven moves and reiterated disciplined underwriting, which supports a cautiously optimistic outlook.Company Guidance
Strong Credit Performance and Low Non-Accruals
Non-accrual rate remained extremely low at 10 basis points of the portfolio at fair value with no new non-accruals this quarter; management emphasized historically strong credit metrics and one of the lowest non-accrual levels in the BDC space.
Successful Realizations and Equity Monetizations
Notable realizations included full repayments on Intelerad, Mindbody and Relativity. Partial sale of SpaceX equity (50% sold) generated ~$133 million of proceeds and a realized gain of ~$117 million, representing roughly a 10x return on the original investment.
Active Originations and Funded Commitments
Entered the quarter with a strong pipeline that produced $1.7 billion of new commitments and $1.3 billion funded during the quarter, with $284 million of net funded investment activity for the period.
Ample Liquidity and Strengthened Balance Sheet
Ended the quarter with over $2.3 billion of total cash and available capacity across credit facilities; issued a $400 million unsecured bond (swapped to floating rate) and maintained balance sheet flexibility to support deployment and upcoming obligations.
Conservative Portfolio Construction and Durable Borrowers
Portfolio is ~70% software with weighted average EBITDA near $300 million; holdings are predominantly senior secured and weighted average LTV remained conservative (40%), providing equity cushion for debt positions.
Shareholder-Friendly Actions and Capital Return
Board declared a regular dividend of $0.35 and a special dividend of $0.05 (total distributions $0.40); repurchased ~$50 million of stock this quarter (total $115 million over two quarters) and authorized a new $300 million repurchase program (approx. $250 million remaining).
Evidence of Market Stabilization and Opportunity
Management noted market-driven marks rather than credit deterioration, with technology broadly syndicated loan prices rebounding ~70 basis points in April and public software sentiment improving (analyst reference: IGV up ~20% from lows), creating attractive entry points for disciplined deployment.
OTF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OTF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $11.73 | $11.03 | -5.97% |
Feb 18, 2026 | $12.23 | $11.92 | -2.54% |
Nov 05, 2025 | $13.54 | $13.15 | -2.92% |
Aug 06, 2025 | $13.69 | $13.60 | -0.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Blue Owl Technology Finance Corp. (OTF) report earnings?
Blue Owl Technology Finance Corp. (OTF) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Blue Owl Technology Finance Corp. (OTF) earnings time?
Blue Owl Technology Finance Corp. (OTF) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OTF EPS forecast?
OTF EPS forecast for the fiscal quarter 2026 (Q2) is 0.3.