AI Earnings Predictions for Blue Owl Capital Corporation (OBDC)

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EX-99.1

Exhibit 99.1

Blue Owl Capital Corporation Schedules Earnings Release and Quarterly Earnings Call to Discuss its Second Quarter Ended June 30, 2026 Financial Results

NEW YORK (July 1, 2026) – Blue Owl Capital Corporation (NYSE: OBDC) (“OBDC”) today announced it will release its financial results for the second quarter ended June 30, 2026 on Wednesday, August 5, 2026 after market close. OBDC invites all interested persons to its webcast / conference call on Thursday, August 6, 2026 at 10:00 a.m. Eastern Time to discuss its second quarter ended June 30, 2026 financial results.

Conference Call Information:

The conference call will be broadcast live at 10:00 a.m. Eastern Time on the News & Events section of OBDC’s website at www.blueowlcapitalcorporation.com. To pre-register for the call, please click here. Please visit the website to test your connection before the webcast.

Participants are also invited to access the conference call by dialing one of the following numbers:

Domestic: (877) 737-7048

International: +1 (201) 689-8523

All callers will need to reference “Blue Owl Capital Corporation” once connected with the operator. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected.

Replay Information:

An archived replay will be available via a webcast link located on the News & Events section of OBDC’s website for one year, and via the dial-in numbers listed below for 14 days:

Domestic: (877) 660-6853

International: +1 (201) 612-7415

Access Code: 13761127

About Blue Owl Capital Corporation

Blue Owl Capital Corporation (NYSE: OBDC) is a specialty finance company focused on lending to U.S. middle-market companies. As of March 31, 2026, OBDC had investments in 230 portfolio companies with an aggregate fair value of $15.3 billion. OBDC has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. OBDC is externally managed by Blue Owl Credit Advisors LLC, an SEC-registered investment adviser that is an indirect affiliate of Blue Owl Capital Inc. (“Blue Owl”) (NYSE: OWL) and is a part of Blue Owl’s Credit platform.

Certain information contained herein may constitute “forward-looking statements” that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about OBDC, its current and prospective portfolio investments, its industry, its beliefs and opinions, and its assumptions. Words such as “anticipates,” “expects,” “intends,” “plans,” “will,” “may,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “should,” “targets,” “projects,” “outlook,” “potential,” “predicts” and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond OBDC’s control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements including, without limitation, the risks, uncertainties and other factors identified in OBDC’s filings with the SEC.

Investors should not place undue reliance on these forward-looking statements, which apply only as of the

date on which OBDC makes them. OBDC does not undertake any obligation to update or revise any forward-looking statements or any other information contained herein, except as required by applicable law.

Investor Contact:

BDC Investor Relations

Michael Mosticchio

credit-ir@blueowl.com

Media Contact:

Head of Communications

Andrew Williams

media@blueowl.com

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Document

Blue Owl Capital Corporation Announces March 31, 2026 Financial Results

NEW YORK — May 6, 2026 — Blue Owl Capital Corporation (NYSE: OBDC) (“OBDC” or the “Company”) today announced financial results for its first quarter ended March 31, 2026.

FIRST QUARTER 2026 HIGHLIGHTS

•First quarter GAAP net investment income (“NII”) per share of $0.32

•First quarter adjusted NII per share(1) of $0.31, as compared with the prior quarter of $0.36

•Net asset value per share of $14.41, as compared with $14.81 as of December 31, 2025, primarily reflecting the impact of credit spread widening on the portfolio

•New investment commitments for the first quarter were $676 million and sales and repayments were $1.5 billion, as compared with $684 million of new investment commitments and $1.4 billion of sales and repayments for the three months ended December 31, 2025

•Investments on non-accrual represented 2.0% and 1.0% of the portfolio at cost and fair value, respectively, as compared with 2.3% and 1.1% as of December 31, 2025

•In January, Moody's upgraded OBDC to Baa2 given their view on OBDC's credit profile and liability management

"OBDC’s credit performance remains strong, with no new non‑accruals and steady borrower performance,” said Craig W. Packer, Chief Executive Officer. “While the quarter reflected a more challenging earnings environment driven by lower base rates and tighter spreads, our portfolio is delivering solid performance, and our balance sheet is strong. With healthy repayments, lower leverage and approximately $4 billion of available liquidity, we have the flexibility to capitalize on an increasingly attractive deployment environment at wider spreads."

Stock Repurchases

On February 17, 2026, the Board of Directors (the "Board") approved a $300 million stock repurchase program, for which purchases may be made at management's discretion from time to time in open market transactions, replacing the prior $200 million authorization. As of March 31, 2026, the Company repurchased approximately $35 million of OBDC common stock, accretive to net asset value per share in the first quarter.

Dividend Declaration

The Board declared a second quarter 2026 base dividend of $0.31 per share for stockholders of record as of June 30, 2026, payable on or before July 15, 2026, reflecting the Board’s decision to adjust the Company’s base dividend given the current operating environment and to align with the portfolio’s go-forward earnings power following an extended period of declining base rates and spread compression. The supplemental dividend framework remains in place.

(1) See Non-GAAP Financial Measures for a description of the non-GAAP measures and the reconciliations from the most comparable GAAP financial measures to the Company's non-GAAP measures, including on a per share basis. The Company's management utilizes these non-GAAP financial measures to internally analyze and assess financial results and performance. These measures are also considered useful by management as an additional resource for investors to evaluate the Company's ongoing results and trends, as well as its performance, excluding non-cash income or gains related to the merger between the Company and Blue Owl Capital Corp. III ("OBDE") (such merger, the "OBDE Merger"), which closed on January 13, 2025. The presentation of non-GAAP measures is not intended to be a substitute for financial results prepared in accordance with GAAP and should not be considered in isolation.

SELECT FINANCIAL HIGHLIGHTS

As of and for the Three Months Ended

($ in thousands, except per share amounts)

March 31, 2026

December 31, 2025

March 31, 2025

GAAP results:

Net investment income per share

$

0.32

$

0.38

$

0.41

Net realized and unrealized gains (losses) per share

$

(0.37)

$

(0.14)

$

0.08

Net increase (decrease) in net assets resulting from operations per share

$

(0.05)

$

0.23

$

0.49

Non-GAAP financial measures(1):

Adjusted net investment income per share

$

0.31

$

0.36

$

0.39

Adjusted net realized and unrealized gains (losses) per share

$

(0.36)

$

(0.13)

$

(0.07)

Adjusted net increase (decrease) in net assets resulting from operations per share

$

(0.05)

$

0.23

$

0.32

Base dividend declared per share

$

0.37

$

0.37

$

0.37

Supplemental dividend declared per share

$

—

$

—

$

0.01

Total investments at fair value

$

15,344,201

$

16,470,893

$

17,692,006

Total debt outstanding (net of unamortized debt issuance costs)

$

8,454,559

$

9,300,076

$

10,160,729

Net assets

$

7,154,000

$

7,397,279

$

7,739,089

Net asset value per share

$

14.41

$

14.81

$

15.14

Net debt-to-equity

1.13x

1.19x

1.26x

(1) See Non-GAAP Financial Measures for a description of the non-GAAP measures and the reconciliations from the most comparable GAAP financial measures to the Company's non-GAAP measures, inc

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EX-99.1

Exhibit 99.1

Blue Owl Capital Corporation Schedules Earnings Release and Quarterly Earnings Call

to Discuss its First Quarter Ended March 31, 2026 Financial Results

NEW YORK (April 1, 2026) – Blue Owl Capital Corporation (NYSE: OBDC) (“OBDC”) today announced it will release its financial results for the first quarter ended March 31, 2026 on Wednesday, May 6, 2026 after market close. OBDC invites all interested persons to its webcast / conference call on Thursday, May 7, 2026 at 10:00 a.m. Eastern Time to discuss its first quarter ended March 31, 2026 financial results.

Conference Call Information:

The conference call will be broadcast live at 10:00 a.m. Eastern Time on the News & Events section of OBDC’s website at www.blueowlcapitalcorporation.com. To pre-register for the call, please click here. Please visit the website to test your connection before the webcast.

Participants are also invited to access the conference call by dialing one of the following numbers:

Domestic: (877) 737-7048

International: +1 (201) 689-8523

All callers will need to reference “Blue Owl Capital Corporation” once connected with the operator. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected.

Replay Information:

An archived replay will be available via a webcast link located on the News & Events section of OBDC’s website for one year, and via the dial-in numbers listed below for 14 days:

Domestic: (877) 660-6853

International: +1 (201) 612-7415

Access Code: 13759511

About Blue Owl Capital Corporation

Blue Owl Capital Corporation (NYSE: OBDC) is a specialty finance company focused on lending to U.S. middle-market companies. As of December 31, 2025, OBDC had investments in 234 portfolio companies with an aggregate fair value of $16.5 billion. OBDC has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. OBDC is externally managed by Blue Owl Credit Advisors LLC, an SEC-registered investment adviser that is an indirect affiliate of Blue Owl Capital Inc. (“Blue Owl”) (NYSE: OWL) and is a part of Blue Owl’s Credit platform.

Certain information contained herein may constitute “forward-looking statements” that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about OBDC, its current and prospective portfolio investments, its industry, its beliefs and opinions, and its assumptions. Words such as “anticipates,” “expects,” “intends,” “plans,” “will,” “may,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “should,” “targets,” “projects,” “outlook,” “potential,” “predicts” and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond OBDC’s control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the

forward-looking statements including, without limitation, the risks, uncertainties and other factors identified in OBDC’s filings with the SEC. Investors should not place undue reliance on these forward-looking statements, which apply only as

of the date on which OBDC makes them. OBDC does not undertake any obligation to update or revise any forward-looking statements or any other information contained herein, except as required by applicable law.

Investor Contact:

BDC Investor Relations

Michael Mosticchio

credit-ir@blueowl.com

Media Contact:

media@blueowl.com