$OWL · BLUE OWL CAPITAL INC.
Blue Owl Capital reported Q3 2026 results with revenue of $806.5M, AUM of $329.9B (up 12% YoY), and Fee-Related Earnings of $427.5M. The company declared a $0.23 per share quarterly dividend, part of a $0.92 annual dividend for 2026. Record institutional capital raising of $12.6B in new commitments drove the quarter.
- AUM reached $329.9B, up 12% year-over-year from September 30, 2025
- Fee-Related Earnings of $427.5M, or $0.27 per Adjusted Share
- Distributable Earnings of $385.5M, or $0.24 per Adjusted Share
- Record institutional capital raising quarter with $12.6B in new capital commitments
- Permanent Capital of $227.8B, up 7% year-over-year, representing 69% of total AUM
Extended-hours trading shows shares at $10.20, up 5.48% from the regular-session close of $9.67, indicating a positive initial reaction to the Q3 results and record fundraising metrics.
Blue Owl's record institutional fundraising quarter and 12% AUM growth demonstrate accelerating momentum in a volatile market, reinforcing its permanent-capital-driven model.
Blue Owl's $330B AUM and 12% YoY growth reinforce its position among the largest alternative asset managers, with permanent capital anchoring 69% of AUM — a structural advantage over peers reliant on redemption-prone capital.
Forward-looking statements flag risks including inability to realize acquisition benefits, NYSE listing maintenance, growth management, and adverse economic/geopolitical conditions. AUM Not Yet Paying Fees of $36.3B represents deployment risk.