v3.26.3
Consolidated Statements of Changes in Net Assets - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Increase (Decrease) in Net Assets Resulting from Operations        
Net investment income (loss) $ 166,926 $ 190,084 $ 502,269 $ 608,096
Total change in net unrealized gain (loss) 12,823 (65,575) (183,478) 39,478
Net realized gain (loss) 309 3,672 (97,376) (139,254)
Net Increase (Decrease) in Net Assets Resulting from Operations 180,058 128,181 221,415 508,320
Distributions        
Distributions declared from earnings [1] (161,751) (199,307) (498,332) (608,141)
Capital Share Transactions        
Repurchase of common shares (35,164) 0 (105,460) 0
Issuance of common shares 0 0 0 3,070
Issuance of common shares in connection with the Mergers [2] 0 0 0 1,755,181
Net Increase (Decrease) in Net Assets Resulting from Capital Share Transactions (35,164) 0 (105,460) 1,758,251
Total Increase (Decrease) in Net Assets (16,857) (71,126) (382,377) 1,658,430
Net Assets, at beginning of period 7,031,759 7,682,397 7,397,279 5,952,841
Net Assets, at End of Period $ 7,014,902 $ 7,611,271 $ 7,014,902 $ 7,611,271
[1]
(1)For the three and nine months ended September 30, 2026, distributions declared were derived from net investment income. For the three and nine months ended September 30, 2025, distributions declared from earnings were derived from net investment income.
[2] Refer to “Note 13 — Merger with Blue Owl Capital Corporation III” (“OBDE”) for additional information on the OBDE Mergers.