Sixth Street Specialty Lending Operating Expenses Growth & History (TSLX)
Sixth Street Specialty Lending's operating expenses was $40.3M for fiscal 2025.
View full Sixth Street Specialty Lending company overviewSixth Street Specialty Lending annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $40.3M | −$219.7M | −84.50% |
| 2024 | 2024-12-31 | $260.0M | $19.5M | +8.12% |
| 2023 | 2023-12-31 | $240.5M | $99.7M | +70.83% |
| 2022 | 2022-12-31 | $140.8M | $4.7M | +3.49% |
| 2021 | 2021-12-31 | $136.0M | $18.8M | +16.00% |
| 2020 | 2020-12-31 | $117.3M | — | — |
Sixth Street Specialty Lending quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $8.9M | −$2.0M | −18.50% |
| Q1 2026 | 2026-03-31 | $7.4M | — | — |
| Q4 2025 | 2025-12-31 | $9.5M | −$55.9M | −85.48% |
| Q3 2025 | 2025-09-30 | $11.0M | −$53.0M | −82.87% |
| Q2 2025 | 2025-06-30 | $10.9M | −$54.8M | −83.37% |
| Q4 2024 | 2024-12-31 | $65.4M | $773,000 | +1.20% |
| Q3 2024 | 2024-09-30 | $63.9M | −$318,000 | −0.49% |
| Q2 2024 | 2024-06-30 | $65.7M | $7.5M | +12.92% |
| Q1 2024 | 2024-03-31 | $65.0M | $11.6M | +21.64% |
| Q4 2023 | 2023-12-31 | $64.6M | $18.0M | +38.67% |
| Q3 2023 | 2023-09-30 | $64.2M | $23.8M | +58.67% |
| Q2 2023 | 2023-06-30 | $58.2M | $35.9M | +160.74% |
| Q1 2023 | 2023-03-31 | $53.4M | $22.0M | +70.28% |
| Q4 2022 | 2022-12-31 | $46.6M | — | — |
| Q3 2022 | 2022-09-30 | $40.5M | $5.8M | +16.74% |
| Q2 2022 | 2022-06-30 | $22.3M | — | — |
| Q1 2022 | 2022-03-31 | $31.4M | — | — |
| Q3 2021 | 2021-09-30 | $34.7M | — | — |
Sixth Street Specialty Lending operating expenses trends
Over the last five fiscal years, Sixth Street Specialty Lending's operating expenses decreased from $117.3M to $40.3M, a change of −$77.0M. The latest reported quarter, Q2 2026, shows $8.9M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Sixth Street Specialty Lending source filings ↗