Blue Owl Capital releases transcript of Q2 2026 earnings call
OWL•Blue Owl Capital Q2 2026 earnings call transcript released
Blue Owl Capital’s second-quarter 2026 earnings call drew co-CEO Marc Lipschultz, CFO Alan Kirshenbaum, and IR head Ann Dai.
- Quarter results: FRE $0.25 a share, DE $0.22 a share; dividend set at $0.23 a share payable Aug. 27.
- Management reaffirmed it expects to beat prior 2026 Visible Alpha consensus of FRE $1.02 a share, DE $0.89 a share; upside seen mainly from revenue.
- AUM not yet paying fees rose to $31 billion, representing about $380 million of expected annual management fees once deployed.
- Wealth trends improved: May 1 close marked an inflow trough; July 1 close inflows rose over 50%; non-traded BDC redemption requests eased.
