Blue Owl Technology Finance Corp. (OTF) Revenue History
Annual and quarterly revenue from 2020 to present
OTF Revenue Over Time (2020–2025)
OTF Revenue Growth History
3 of 5 years with positive growth- FY2020 revenue growth
- N/A
- FY2021 revenue growth
- +232.6%
- FY2022 revenue growth
- -89.0%
- FY2023 revenue growth
- +702.9%
- FY2024 revenue growth
- -11.9%
- FY2025 revenue growth
- +112.6%
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $43.2M | -79.9% |
| Q1 2026 | $322.8M | +255.0% |
| Q4 2025 | $201.3M | +82.9% |
| Q3 2025 | $235.0M | +84.0% |
| Q2 2025 | $215.4M | +1228.5% |
| Q1 2025 | $90.9M | -8.6% |
| Q4 2024 | $110.1M | +3.1% |
| Q3 2024 | $127.7M | — |
Multi-year avg. share of annual revenue by fiscal quarter
OTF Revenue Analysis (2020–2025)
Current Revenue & Growth
As of October 23, 2026, Blue Owl Technology Finance Corp. (OTF) generated trailing twelve-month (TTM) revenue of $802.4 million, reflecting significant decline in growth of -79.9% year-over-year. The most recent quarter (Q2 2026) recorded $43.2 million in revenue, down 86.6% sequentially.
Historical Growth Trajectory
OTF's 5-year compound annual growth rate (CAGR) stands at +40.7%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +146.8% exceeds the 5-year average, indicating an acceleration in the most recent period. Blue Owl Technology Finance Corp.'s highest annual revenue of $751.4 million was recorded in 2025, an all-time high.
Peer Comparison
Compared to Financial Services sector peers — including OBDC (+17.2% YoY), ARCC (-49.2% YoY), and FSCO — OTF has underperformed the peer group in revenue growth. Compare OTF vs OBDC →
OTF Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| OTFCurrent | $802M | -79.9% | +40.7% | 67.9% | |
 OBDC | $1.1B | +17.2% | +29.0% | 73.2% | |
 ARCC | $1.5B | -49.2% | +22.7% | 62.4% | |
 FSCO | $206M | - | - | 74.5% | |
 TPVG | $71M | -2.4% | +9.6% | 77.9% | |
 HTGC | $455M | +35.4% | +8.8% | 66.7% |
OTF Historical Revenue Data (2020–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $751.4M | +112.6% | $779.3M | 72.6% | $728.6M | 67.9% |
| 2024 | $353.5M | -11.9% | $353.5M | 65.8% | $330.7M | 61.6% |
| 2023 | $401.2M | +702.9% | $401.2M | 68.3% | $378.3M | 64.4% |
| 2022 | $50.0M | -89.0% | $50.0M | 28.4% | $26.9M | 15.3% |
| 2021 | $452.6M | +232.6% | $452.6M | 84.3% | $429.7M | 80.0% |
| 2020 | $136.1M | - | $136.1M | 79.9% | $122.1M | 71.7% |
OTF Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
6+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
OTF — Frequently Asked Questions
Quick answers to the most common questions about buying OTF stock.
Is OTF's revenue growth accelerating or slowing?
OTF revenue is declining -79.9% year-over-year. TTM revenue fell to $802M, contrasting with the 5-year CAGR of +40.7%. The reversal reflects either macro headwinds or company-specific challenges.
What is OTF's revenue history from 2020 to 2026?
Blue Owl Technology Finance Corp. (OTF) revenue history spans 2020 to 2026. TTM revenue as of 2026 is $802M, growing at -79.9% YoY. The 5-year CAGR is +40.7%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is OTF's long-term revenue growth rate (CAGR)?
Blue Owl Technology Finance Corp.'s 5-year revenue CAGR of +40.7% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -79.9% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for OTF.
Why does OTF's quarterly revenue fluctuate?
OTF quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Blue Owl Technology Finance Corp.'s revenue data from 2020 to 2026 shows full historical quarterly detail on this page.
How is OTF's revenue distributed by segment?
OTF reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does OTF's revenue compare to industry peers?
Blue Owl Technology Finance Corp. (OTF) with TTM revenue of $802M and -79.9% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.