Income Statement Balance Sheet Cash Flow Segments

Blackrock Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Blackrock holds $170.24B in total assets. Shareholders' equity is $56.7B against $15.0B in total debt. Cash and equivalents total $9.9B. Based on the Q1 2026 filing.

Total Assets$170.24B Total Stockholders Equity$56.7B Long Term Debt$12.7B Cash And Equivalents$9.9B Total Current Liabilities$8.4B

Latest FilingQ1 2026

Report Date2026-05-06

Market Cap$171.38B

P/E Ratio27.40

ROE11.93%

Current Liabilities

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Accrued compensation	$354.0M	$1.2B	$1.7B	$2.8B	$534.0M	$1.6B
Dividends Payable Per Share	$20.40	—	—	—	$20.84	—
Income taxes payable	$134.0M	—	—	—	$188.0M	—
Lease Liability Payments - Due Year Two	$185.0M	—	—	—	$246.0M	—
Lease Liability Payments - Due Year Three	$179.0M	—	—	—	$239.0M	—
Lease Liability Payments - Due Year Four	$170.0M	—	—	—	$227.0M	—
Lease Liability Payments - Remainder of Fiscal Year	$198.0M	—	—	—	$237.0M	—
Operating lease liabilities, current	$1.9B	$1.9B	$1.9B	$2.3B	$2.2B	$2.2B
Operating Lease Liability Payments Due	$2.3B	—	—	—	$2.8B	—
Operating Lease Liability - Undiscounted Excess Amount	$419.0M	—	—	—	$556.0M	—
Obligation to Return Securities Received as Collateral	$10.6B	$11.0B	$12.3B	$11.8B	$14.4B	$13.3B

Non-Current Liabilities

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Deferred Carried Interest Liability	$124.0M	$1.9B	$2.1B	$3.4B	$3.5B	$3.6B
Deferred Tax Liabilities - Insurance Reserves	$58.0M	—	—	—	$0.0	—
Separate account liabilities	$52.8B	$53.7B	$56.1B	$53.6B	$60.1B	$58.8B
Operating Lease Liability Payments - 2026 (Lessee)	$156.0M	—	—	—	$218.0M	—
Lease Liability Payments - Due After Year Five	$1.4B	—	—	—	$1.6B	—
Long-term debt	$11.7B	$11.9B	$12.4B	$12.6B	$12.5B	$12.7B
Accounts payable, accrued expenses, and other liabilities (includes VIE balances of $159 and $183)	—	—	—	—	$1.7B	$2.1B
Operating Lease Liabilities (Total)	$1.9B	$1.9B	$1.9B	$2.3B	$2.2B	$2.2B
Other non-current liabilities	$4.0B	$7.2B	$6.3B	$8.6B	$6.8B	$10.4B
Total liabilities	$89.3B	$91.8B	$94.9B	$100.8B	$108.5B	$106.9B
Unrecognized Tax Benefits	$517.0M	—	—	—	$511.0M	—
Unrecognized Tax Benefits - Impacting Effective Tax Rate	$431.0M	—	—	—	$435.0M	—
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued	$203.0M	—	—	—	$173.0M	—

Equity

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Accumulated other comprehensive income (loss)	-$1.2B	-$951.0M	-$515.0M	-$558.0M	-$545.0M	-$678.0M
Common Equity Tier 1 Capital	$953.0M	—	—	—	$846.0M	—
Additional paid-in capital	—	—	—	—	$19.7B	$19.1B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	—	—	—	—	$2.0M	$2.0M
Treasury Stock, Value	—	—	—	—	$1.2B	$964.0M
Capital Conservation Buffer	4.0%	—	—	—	4.0%	—
Retained earnings	$35.6B	$36.3B	$37.1B	$37.6B	$37.9B	$39.2B
Share Price	$1025.00	—	—	—	$1070.00	—
Shares Reserved for Future Issuance Under Stock Plans	7.7M	—	—	—	6.2M	—
Total liabilities and stockholders' equity	$138.6B	$141.9B	$146.5B	$162.7B	$170.0B	$170.2B
Total stockholders' equity	$953.0M	$48.2B	$49.3B	$55.7B	$846.0M	$56.7B

Current Assets

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Cash and cash equivalents	$12.8B	$7.8B	$9.5B	$10.0B	$11.5B	$9.9B
Debt Securities (Trading and AFS) - Cost Basis	—	—	—	—	$2.8B	$3.3B
Income taxes receivable	$215.0M	—	—	—	$247.0M	—
Restricted cash	$17.0M	$17.0M	$17.0M	$22.0M	$22.0M	$22.0M
Collateral Held for Securities Lending Indemnifications	$324.0B	$334.0B	$337.0B	$340.0B	$375.0B	$397.0B

Other

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
CET1 Capital Adequacy Requirement	$28.0M	—	—	—	$33.0M	—
CET1 Well-Capitalized Requirement	$41.0M	—	—	—	$48.0M	—
ESPP Purchase Price Percentage	95.0%	—	—	—	95.0%	—
Minimum Net Capital Requirement	$1.8B	$1.9B	$2.1B	$2.2B	$2.2B	$2.2B
Accounts Receivable, after Allowance for Credit Loss	—	—	—	—	$5.2B	$5.2B
Business Combination, Contingent Consideration, Liability, Current	—	—	—	—	$8.4B	$7.9B
Business Combination, Contingent Consideration, Liability	—	—	—	—	—	$7.9B
Capital Required To Be Well Capitalized To Risk Weighted Assets	10.0%	—	—	—	10.0%	—
CL Os Held At Fair Value	—	—	—	—	$568.0M	$537.0M
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets	4.5%	—	—	—	4.5%	—
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets	6.5%	—	—	—	6.5%	—
Common Equity Tier One Risk Based Capital To Risk Weighted Assets	151.9%	—	—	—	114.0%	—
Common stock, par value (in dollars per share)	—	—	—	—	$0.01	$0.01
Common stock, shares authorized (in shares)	—	—	—	—	500M	500M
Common stock, shares issued (in shares)	—	—	—	—	156.3M	156.3M
Common Stock, Shares, Outstanding	—	—	—	—	155.1M	155.4M
Debt issuances	—	—	—	—	—	$12.9B
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	—	—	—	—	—	$104.0M
Deferred Tax Liabilities, Gross	—	—	—	—	$4.6B	$4.7B
Derivative Collateral	—	—	—	—	$81.0M	$137.0M
Notional	—	—	—	—	$231.0M	$271.0M
Derivative Pillars	—	—	—	—	$17.0M	$17.0M
Estimated Annual Fixed Minimum Fees For Currently Outstanding Contracts	—	—	—	—	—	$1.0B
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unfunded Commitments	—	—	—	—	$2.4B	$2.2B
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	$4.4B	$4.5B	—	—	—	—
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value	$363.0M	$338.0M	—	—	$367.0M	$377.0M
Finite-Lived Intangible Assets, Accumulated Amortization	—	—	—	—	$1.5B	$1.7B
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	—	—	—	—	$507.0M	$495.0M
Investment Commitments	—	—	—	—	—	$2.7B
Fair value of long-term debt	—	—	—	—	$12.5B	$12.3B
Noncontrolling interests in subsidiaries	—	—	—	—	$227.0M	$217.0M
Money Market Valuation Per Share Floor	—	—	—	—	—	$1.00
Long-Lived Assets	—	—	—	—	$36.5B	$36.6B
Operating Lease Weighted Average Discount Rate Percent	—	—	—	—	4.0%	4.0%
Securities Borrowed, Fair Value of Collateral	—	—	—	—	$7.9B	$6.6B
Fair value of securities sold under agreement to repurchase	—	—	—	—	$13.3B	$11.8B
Separate Account Collateral Held Under Securities Lending Agreements	—	—	—	—	$7.9B	$6.6B
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value	—	—	—	—	$847.43	$937.88
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	—	—	—	—	—	1.1M
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number	—	—	—	—	678K	662.6K
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value	—	—	—	—	—	$348.0M
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value	—	—	—	—	—	$71.0M
Share-Based Payment Arrangement, Option, Exercise Price Range, Shares Exercisable	—	—	—	—	—	157.4K
Technology Services Subscription Deferred Revenue Liability	$124.0M	$232.0M	—	—	$260.0M	$252.0M
Tier One Leverage Capital Required To Be Well Capitalized To Average Assets	5.0%	—	—	—	5.0%	—
Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets	8.0%	—	—	—	8.0%	—
Total Debt Securities	—	—	—	—	$3.3B	$3.8B
Total Equity Method Investments	—	—	—	—	$2.1B	$2.3B
Treasury stock, shares (in shares)	—	—	—	—	1.2M	911.3K
Regulatory Capital Requirement	$50.0M	—	—	—	$59.0M	—
Tier 1 Capital Adequacy Requirement	$38.0M	—	—	—	$45.0M	—
Tier 1 Leverage Adequacy Requirement	$53.0M	—	—	—	$50.0M	—
Tier 1 Leverage Well-Capitalized Requirement	$67.0M	—	—	—	$63.0M	—
Tier 1 Well-Capitalized Requirement	$50.0M	—	—	—	$59.0M	—
Well-Capitalized Regulatory Requirement	$63.0M	—	—	—	$74.0M	—

Non-Current Assets

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Deferred tax assets	$3.2B	—	—	—	$4.4B	—
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	$271.0M	—	—	—	$809.0M	—
Goodwill	$4.2B	$28.3B	$28.3B	$35.4B	$4.9B	$35.3B
Held-to-Maturity Debt Securities - Fair Value	—	—	—	—	—	$239.0M
Indefinite-Lived Intangible Assets	$0.0	$0.0	$0.0	$0.0	$0.0	$20.4B
Equity securities	$2.0B	$2.2B	$2.3B	$2.3B	$2.3B	$2.6B
Separate account assets	$6.1B	$5.8B	$6.3B	$6.2B	$7.9B	$58.8B
Intangible Assets Gross (Excluding Goodwill)	$21.5B	—	—	—	$29.5B	—
Intangible assets — net	—	—	—	—	$7.5B	$7.3B
Other intangible assets—net	—	—	—	—	$28.0B	$27.7B
Investments	—	—	—	—	$13.3B	$14.6B
Operating lease right-of-use assets	—	—	—	—	$1.9B	$1.8B
Other Assets	—	—	—	—	$5.7B	$9.1B
Trading account securities	—	—	—	—	$2.8B	$3.3B
Pledged Assets - Fair Value	—	$0.0	—	—	—	$0.0
Accumulated depreciation	$782.0M	$892.0M	$961.0M	$1.2B	$1.5B	$1.8B
Property and equipment, net	$27.1B	$29.4B	$29.5B	$36.6B	$36.5B	$1.3B
Tax Credit Carryforward Valuation Allowance	$69.0M	—	—	—	$181.0M	—
Total assets	$138.6B	$141.9B	$146.5B	$162.7B	$170.0B	$170.2B