Non-Current Liabilities
Deferred Carried Interest Liability
Blackrock Deferred Carried Interest Liability increased by 1.3% to $3.56B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 84.3%, from $1.93B to $3.56B. Over 3 years (FY 2022 to FY 2025), Deferred Carried Interest Liability shows an upward trend with a 204.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2026May 6, 2026
How to read this metric
An increase suggests strong performance in alternative assets, while a decrease may indicate lower performance or the realization of previously deferred revenue.
Detailed definition
This represents the portion of performance-based fees earned from alternative investment funds that the firm has accrued...
Peer comparison
Common in alternative asset managers and private equity firms; peers report this as a liability until performance hurdles are cleared.
Metric ID:
am_deferred_carried_interest_liabilityHistorical Data
13 periods
| Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $125.00M | $122.00M | $115.00M | $133.00M | $1.81B | $120.00M | $114.00M | $124.00M | $1.93B | $2.10B | $3.44B | $3.52B | $3.56B |
| QoQ Change | — | -2.4% | -5.7% | +15.7% | >999% | -93.4% | -5.0% | +8.8% | >999% | +8.7% | +63.8% | +2.2% | +1.3% |
| YoY Change | — | — | — | +6.4% | — | -1.6% | -0.9% | -6.8% | +6.5% | >999% | >999% | >999% | +84.3% |
Range$114.00M – $3.56B
CAGR+205.4%
Avg YoY Growth+821.1%
Median YoY Growth+6.5%
Current Streak6 quarters growth
Deferred Carried Interest Liability at Other Companies
Frequently Asked Questions
- What is Blackrock's deferred carried interest liability?
- Blackrock (BLK) reported deferred carried interest liability of $3.56B in Q1 2026.
- How has Blackrock's deferred carried interest liability changed year-over-year?
- Blackrock's deferred carried interest liability increased by 84.3% year-over-year, from $1.93B to $3.56B.
- What is the long-term trend for Blackrock's deferred carried interest liability?
- Over 3 years (2022 to 2025), Blackrock's deferred carried interest liability has grown at a 204.1% compound annual growth rate (CAGR), from $125.00M to $3.52B.
- What does deferred carried interest liability mean?
- Performance fees earned but not yet legally recognized as revenue due to performance or vesting requirements.