NEW YORK, Feb. 18, 2026 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC" or the "Company") today announced financial results for its fourth quarter and year ended December 31, 2025. FOURTH QUARTER 2025 HIGHLIGHTS Fourth quarter GAAP net investment income ("NII") per share of $0.38 Fourth quarter adjusted NII per share(1) of $0.36, consistent with the prior quarter of $0.36 Dividends declared for the fourth quarter were $0.37 per share, representing an annualized dividend yield of 10.0%(2) Net asset value ("NAV") per share of $14.81, as compared with $14.89 as of September 30, 2025, driven primarily by credit-related markdowns on a small number of names, partially offset by accretive share repurchases New investment commitments for the fourth quarter were $684 million and sales and repayments were $1.4 billion, as compared with $1.3 billion of new investment commitments and $797 million of sales and repayments for the three months ended September 30, 2025 Investments on non-accrual represented 2.3% and 1.1% of the portfolio at cost and fair value, respectively, as compared with 2.7% and 1.3% as of September 30, 2025 OBDC repurchased approximately $148 million of OBDC common stock at 86% price-to-book value The Board of Directors (the "Board") approved a new $300 million share repurchase program, replacing the prior $200 million authorization In January 2026, received Moody's upgrade to Baa2 given view on credit profile and liability management Announced today that OBDC and certain other Blue Owl BDCs entered into agreements to sell $1.4 billion of investments to institutional investors, including $400 million of investments from OBDC "OBDC closed the year with strong fourth quarter earnings and credit performance, reflecting the health of our borrowers and our defensive, senior secured strategy focused on the upper middle market," said Craig W.
