Vehicle file · Non-traded BDC

Blue Owl Capital Corp II

What its SEC filings show.

SEC CIK 1655887·Inc. MD·Fiscal year end 12/31·Data as filed · pulled Oct 5, 2026

What this file is.Not a review. Every figure below is the issuer's own number as tagged in its filings to the SEC, unadjusted, with a link to the filing it came from. When a new filing lands, the table updates; when a filing changes something for the people who hold this vehicle, we write it up and link it under Our reads.

Blue Owl Capital Corp II is a non-traded BDC registered with the SEC under CIK 1655887 (incorporated in MD). Its most recent filing is a 10-Q (quarterly report) dated Aug 7, 2026. As of Jun 30, 2026 it reported total assets of $734.2M (down 58.5% from $1.77B a year earlier) and stockholders' equity of $563.1M. Net income (loss) for the six months to Jun 30, 2026 was −$26.0M. It raised $0 from new shares in the year to Dec 31, 2023; paid $20.2M in distributions in the six months to Jun 30, 2026; spent $0 repurchasing shares in the six months to Jun 30, 2026. Reported NAV per share: $4.87 as of Jun 30, 2026.

What the figures say together

Our arithmetic on the issuer's own figures, only pairing numbers from the same period or date, and ranked against the 68 other vehicles of this type we track.

Liabilities were 23% of total assets at Jun 30, 2026. It ranks 12th of the 65 vehicles of this type that report the same figures (1st = least leveraged).
NAV per share moved down 43.2% in a year, from $8.58 to $4.87 (before distributions). It ranks 54th of the 55 vehicles of this type that report the same figures (1st = best NAV change).

Key figures, as filed.

Balance sheet

Figure	Latest	Period	A year earlier	Change	Source
Total assets	$734.2M	as of Jun 30, 2026	$1.77B	−58.5%	10-Q · Aug 7, 2026
Investments at fair value	$691.0M	as of Jun 30, 2026	$1.70B	−59.3%	10-Q · Aug 7, 2026
Total liabilities	$171.1M	as of Jun 30, 2026	$742.2M	−76.9%	10-Q · Aug 7, 2026
Long-term debt	$147.5M	as of Jun 30, 2026	$711.1M	−79.3%	10-Q · Aug 7, 2026
Debt (carrying amount)	$150.5M	as of Jun 30, 2026	$721.7M	−79.1%	10-Q · Aug 7, 2026
Stockholders' equity	$563.1M	as of Jun 30, 2026	$1.03B	−45.3%	10-Q · Aug 7, 2026
NAV per share	$4.87	as of Jun 30, 2026	$8.58	−43.2%	10-Q · Aug 7, 2026
Shares outstanding	115.6M shares	as of Jun 30, 2026	119.9M shares	−3.5%	10-Q · Aug 7, 2026
Shares outstanding (cover page)	115.6M shares	as of Jul 31, 2026	120.2M shares	−3.8%	10-Q · Aug 7, 2026

Results and cash flow

Figure	Latest	Period	A year earlier	Change	Source
Net income (loss)	−$26.0M	six months to Jun 30, 2026	$20.0M	−229.9%	10-Q · Aug 7, 2026
Cash from operations	$860.3M	six months to Jun 30, 2026	$261.7M	+228.7%	10-Q · Aug 7, 2026
Management fees	$4.7M	quarter to Mar 31, 2026	$7.3M	−36.3%	10-Q · May 8, 2026

Capital raised, distributions and repurchases

Figure	Latest	Period	A year earlier	Change	Source
Distributions paid to common	$20.2M	six months to Jun 30, 2026	$26.9M	−24.8%	10-Q · Aug 7, 2026
Share repurchases (cash paid)	$0	six months to Jun 30, 2026	$92.0M	−100.0%	10-Q · Aug 7, 2026
Share repurchases (value)	$0	six months to Jun 30, 2026	$90.6M	−100.0%	10-Q · Aug 7, 2026
Shares repurchased	0 shares	six months to Jun 30, 2026	10.5M shares	−100.0%	10-Q · Aug 7, 2026

Flows (revenues, income, cash, distributions, repurchases) are shown for the period the issuer reported them in, which may be a quarter, a year-to-date span or a full year; “a year earlier” compares only periods of the same length. A vehicle that does not tag a figure in XBRL will not show it here even if the PDF discloses it.

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We can tell you what the filings say. What we cannot tell you is what it means for your particular position, your tax situation and the rest of your portfolio, and anyone who does that from a web page without knowing your circumstances is guessing. With money in a non-traded BDC whose repurchases are capped each quarter, that is the part that actually matters.

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Filing timeline.

The last 25 documents this issuer filed with the SEC. Marked rows are the ones that tend to matter to holders.

Aug 7, 202610-Q · Quarterly reportEDGAR ↗
Jul 20, 20268-K · Current reportItems 8.01,9.01EDGAR ↗
Jun 26, 20268-K · Current reportItems 5.07EDGAR ↗
Jun 8, 2026CT ORDER · FilingItems 20260608,20260608EDGAR ↗
May 27, 202640-17G · FilingEDGAR ↗
May 11, 2026N-23C-2 · FilingEDGAR ↗
May 8, 202610-Q · Quarterly reportEDGAR ↗
Apr 27, 2026SC TO-T/A · Third-party tender offer (amendment)EDGAR ↗
Apr 16, 20268-K · Current reportItems 8.01,9.01EDGAR ↗
Apr 10, 2026DEFA14A · Proxy materialEDGAR ↗
Apr 1, 2026DEFA14A · Proxy materialEDGAR ↗
Apr 1, 2026DEF 14A · Proxy statementEDGAR ↗
Mar 24, 2026SC TO-T/A · Third-party tender offer (amendment)EDGAR ↗
Mar 20, 2026SC TO-T/A · Third-party tender offer (amendment)EDGAR ↗
Mar 16, 2026SC TO-T/A · Third-party tender offer (amendment)EDGAR ↗
Mar 13, 2026SC 14D9 · Board response to tender offerEDGAR ↗
Mar 11, 2026SC TO-T/A · Third-party tender offer (amendment)EDGAR ↗
Mar 6, 2026SC TO-T · Third-party tender offerEDGAR ↗
Mar 6, 20268-K · Current reportItems 8.01,9.01EDGAR ↗
Mar 5, 202610-K · Annual reportEDGAR ↗
Feb 26, 20268-K · Current reportItems 2.02EDGAR ↗
Feb 20, 2026SC TO-C · FORM SC TO-CEDGAR ↗
Feb 18, 20268-K · Current reportItems 1.01,2.01,7.01,8.01,9.01EDGAR ↗
Jan 30, 20268-K · Current reportItems 2.02EDGAR ↗
Dec 31, 20258-K · Current reportItems 2.02EDGAR ↗

Our reads on Blue Owl Capital Corp II.

01OBDC II: Blue Owl Has Returned $3.54 a Share Since It Ended Redemptions. NAV Is $4.87Oct 4, 2026

Source: SEC EDGAR, XBRL company facts and filing index for CIK 1655887, retrieved Oct 5, 2026. Figures are reproduced as tagged by the issuer; errors in the source carry through, which is why every row links to the filing. Nothing here is investment advice.

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The weekly read

Blue Owl Capital Corp II

What the figures say together

Key figures, as filed.

Filing timeline.

Our reads on Blue Owl Capital Corp II.

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