Sixth Street Specialty Lending, Inc. TSLX
Our investment objective is to generate current income by targeting investments with favorable “risk-adjusted returns,” which are expected returns that are adjusted based on the levels of risk associated with the investments. 10-K, Item 1
- Headquarters
- Dallas, TX
- CEO
- Robert J. Stanley
- Next results
- around Feb 11, 2027
What changed
24 new risk paragraphs. 10-K filed Feb 12, 2026 against Feb 13, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
9 checks on the latest 10-K. Checks, not verdicts.
0facts worth reading about all 9 checks found nothing to note
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Cash from operations $401.6M vs net income $170.5M (FY ending Dec 31, 2025)
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Same auditor in both 10-Ks: KPMG LLP
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No statement of substantial doubt about going concern
6 more checks with nothing to note
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No 8-K item 4.02 in the last 2 years
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No NT 10-K or NT 10-Q in the last 2 years
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The same matters as last year: Assessment of the fair value of investments
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No sentence in the 10-K concludes that controls were not effective because of a material weakness
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No 8-K item 2.06 in the last 2 years
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No 8-K item 1.03 in the last 2 years
In their words
24 paragraphs in Risk Factors that were not in the 10-K filed Feb 13, 2025. Quoted as filed.
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Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
In the event we default under a credit facility or other borrowings, our business could be adversely affected as we may be forced to sell a portion of our investments quickly and prematurely at what may be disadvantageous prices to us in order to meet our outstanding payment obligations and/or support working capital requirements under…
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Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
On May 6, 2025, we, the Adviser and certain of our affiliates were granted an exemptive order from the SEC that allows us to co-invest, subject to certain conditions, with certain of our affiliates (including affiliates of Sixth Street) in middle-market loan origination activities for companies domiciled in the United States.
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Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
The Company may be restricted from initiating transactions as a result of the receipt of material non-public information. Sixth Street funds and investment platforms regularly obtain non-public information regarding various target companies and other investment opportunities. In general, Sixth Street imputes non-public information…
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Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
Legislation has been proposed in the past that could result in significant tax increases and various other changes to U.S. tax rules. It is unclear whether any future legislation will be enacted into law or, if enacted, what form it would take, and it is also unclear whether there could be regulatory or administrative action that could…
New risk paragraphs, against peers
Latest 10-K of each, Financials companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Recent filings
3 filings in the last 30 days · SEC EDGAR
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8-KNov 10, 2026Material agreement signed 8-K item 1.01
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8-KNov 3, 2026Quarterly results, Regulation FD disclosure 8-K items 2.02, 7.01
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10-QNov 3, 2026Quarterly report (10-Q) period ended Sep 30, 2026
About the company
Sixth Street Specialty Lending, Inc., Dallas, TX · from the 10-K filed Feb 12, 2026
Our investment objective is to generate current income by targeting investments with favorable “risk-adjusted returns,” which are expected returns that are adjusted based on the levels of risk associated with the investments. Since we began our investment activities in July 2011, through December 31, 2025, we have originated approximately $53.3 billion aggregate principal amount of investments and retained approximately $11.8 billion aggregate principal amount of these investments on our balance sheet prior to any subsequent exits and repayments.
- Headquarters
- Dallas, TX
- Country
- United States
- Reports in
- USD
- Listed on
- NYSE
- Fiscal year ends
- December 31
- Last results
- Nov 3, 2026
- Incorporated in
- DE
Email alerts
Sources
The 10-K filed Feb 12, 2026 (open at SEC), compared with the 10-K filed Feb 13, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
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