# Sixth Street Specialty Lending to Report Q3 Results Tuesday With Revenue Expected to Fall 11%

> Sixth Street Specialty Lending reports Q3 results Tuesday after the bell, with analysts expecting revenue to decline 11% year on year from $97.84 million last quarter.

- Published: 2026-11-02T03:57:32+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-02/sixth-street-specialty-lending-q3-results
- Source: [FinancialContent Business Page](https://www.financialcontent.com/article/stockstory-2026-11-2-earnings-to-watch-sixth-street-specialty-lending-tslx-reports-q3-results-tomorrow)

## Key takeaways

- Sixth Street Specialty Lending will report third-quarter results after the market close on Tuesday, November 3, 2026.
- Analysts expect revenue to decline 11% year on year, after a 14.9% drop to $97.84 million last quarter.
- The company priced $300 million of 5.650% unsecured notes due 2031 in May 2026 to repay revolving credit facility debt and fund new investments.

Sixth Street Specialty Lending will report third-quarter results after the market close on Tuesday, with analysts expecting revenue to decline 11% year on year. The business development company lends to U.S. middle-market companies, typically private-equity-backed firms. [FinancialContent Business Page](https://www.financialcontent.com/article/stockstory-2026-11-2-earnings-to-watch-sixth-street-specialty-lending-tslx-reports-q3-results-tomorrow) published the earnings preview on November 2, 2026.

## Sixth Street Specialty Lending's Q3 Revenue Expectations

Last quarter, [Sixth Street Specialty Lending](https://akta.pro/company-profiles/0003w5n/sixth-street-specialty-lending) beat analysts' revenue expectations with $97.84 million, down 14.9% year on year, and earnings per share in line with estimates. For the third quarter, the market expects an 11% year-on-year revenue decline, a further deceleration from the 8.2% decrease recorded in the same quarter a year earlier. Analysts have largely reconfirmed their estimates over the past 30 days, and the company has missed Wall Street's revenue estimates multiple times over the last two years.

Among financial services peers that have already reported, PROG delivered year-on-year revenue growth of 25.6%, beating analysts' expectations by 7.8%, while Hercules Capital reported revenues up 1.5%, falling short of estimates by 2.3%. PROG traded up 13.1% after its results and Hercules Capital was down 1.8%.

## Sixth Street Specialty Lending's $300 Million Notes Pricing

According to akta.pro [company records](https://akta.pro/company-data), Sixth Street Specialty Lending priced $300 million of 5.650% unsecured notes due 2031 in May 2026 to pay down revolving credit facility debt and fund new investments, alongside an interest rate swap to align fixed-rate liabilities with its floating-rate loan portfolio. The same records show a February 2026 joint venture, Structured Credit Partners, formed with Carlyle Group, to which the company committed $200 million in a fee-free structure investing in CLO equity, targeting mid-teens returns and earnings accretion. The records put the investment portfolio at $3,313.4 million across 143 portfolio companies as of March 31, 2026, and total investment income for 2025 at $449.1 million, down from $482.5 million in 2024.

## Dividend Cut and Leadership Change Before Earnings

In August 2026, Seeking Alpha reported that Sixth Street Specialty Lending reduced its quarterly dividend by 10.6% to $0.42 per share, restoring dividend coverage above 100% for the second quarter. In December 2025, the company completed a CEO succession: Robert "Bo" Stanley became sole CEO on December 31, 2025, after serving as Co-CEO from November 2025, and Joshua Easterly moved to Chairman of the Board, according to akta.pro company records.

## Sixth Street Specialty Lending's Conference Call Date

Stock Titan reported that the company will hold a webcast conference call on November 4 at 8:30 a.m. Eastern Time to discuss the results for the period ended September 30, 2026.

## Companies in this story

- [Sixth Street Specialty Lending company profile](https://akta.pro/company-profiles/0003w5n/sixth-street-specialty-lending) · website: https://sixthstreetspecialtylending.com

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