Business
Blue Owl Technology Finance Corp. Announces December 31, 2025 Financial Results
Blue Owl Technology Finance Corp. (NYSE: OTF) ("OTF" or the "Company") today announced financial results for its fourth quarter and year ended December 31, 2025.
About this update from Blue Owl Capital Inc.
[{"type":"text","content":"NEW YORK, Feb. 18, 2026 /PRNewswire/ -- Blue Owl Technology Finance Corp. (NYSE: OTF) ("OTF" or the "Company") today announced financial results for its fourth quarter and year ended December 31, 2025.","length":231,"tagName":"p"},{"type":"text","content":"FOURTH QUARTER 2025 HIGHLIGHTS","length":30,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Fourth quarter GAAP net investment income ("NII") per share of $0.26","length":78,"tagName":"p"}]},{"val":[{"type":"text","content":"Fourth quarter adjusted NII per share of $0.30(1)","length":49,"tagName":"p"}]},{"val":[{"type":"text","content":"Dividends declared for the first quarter were $0.40 per share, representing an annualized dividend yield of 9.2%(2) based on net asset value ("NAV") per share as of December 31, 2025","length":192,"tagName":"p"}]},{"val":[{"type":"text","content":"In connection with the listing, the Board of Directors (the "Board") declared five special dividends of $0.05 per share to be paid quarterly through September 2026","length":173,"tagName":"p"}]},{"val":[{"type":"text","content":"NAV per share increased to $17.33, as compared with $17.27 as of September 30, 2025, driven primarily by unrealized and realized gains in certain equity investments and accretive share repurchases","length":196,"tagName":"p"}]},{"val":[{"type":"text","content":"New investment commitments for the fourth quarter were $2.3 billion and sales and repayments were $881 million, as compared with $1.0 billion of new investment commitments and $848 million of sales and repayments for the three months ended September 30, 2025","length":258,"tagName":"p"}]},{"val":[{"type":"text","content":"Net debt-to-equity ended at 0.75x, as compared with 0.57x as of September 30, 2025","length":82,"tagName":"p"}]},{"val":[{"type":"text","content":"Investments on non-accrual represented 0.4% and 0.2% of the portfolio at cost and fair value, respectively, as compared with 0.2% and less than 0.1% as of September 30, 2025","length":173,"tagName":"p"}]},{"val":[{"type":"text","content":"OTF repurchased approximately $64.6 million of OTF common stock at 82% of price-to-book value","length":93,"tagName":"p"}]},{"val":[{"type":"text","content":"The Board approved a new $300 million share repurchase program, replacing the prio...