Income StatementBalance SheetCash FlowSegments
Blackrock logo

Blackrock Income Statement

Revenue, expenses, and profitability over time

Blackrock generated $25.6B in trailing twelve-month revenue, up 0.2% year-over-year. Net income was $6.3B with a 24.4% net margin. Diluted EPS is $39.73, which declined 0.0% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$25.6BOperating Income (TTM)$8.2BNet Income (TTM)$6.3BEps Diluted (TTM)$39.78
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$166.57B
P/E Ratio26.63
ROE11.93%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Amortization of Finite-Lived Intangible Assets—$117.0M$137.0M——$277.0M
Change in contingent consideration liability-$9.0M$96.0M———-$549.0M
Direct fund expense$389.0M$392.0M$441.0M$464.0M$470.0M$481.0M
Sponsor fees$565.0M$570.0M$576.0M$638.0M$676.0M$705.0M
Sub-advisory and other expense$42.0M$47.0M$46.0M$60.0M$80.0M$71.0M
Total sales asset and account expense$996.0M$1.0B$1.1B$1.2B$1.2B$1.3B
Amortization expense—$117.0M$137.0M——$277.0M
Compensation and benefits$1.9B$1.7B$1.8B$2.4B$2.6B$2.2B
General and administrative$632.0M$615.0M$689.0M$782.0M$549.0M$674.0M
Contingent consideration fair value adjustment-$9.0M$180.0M$180.0M$180.0M$180.0M—
Other operating expenses$3.6B$3.6B$3.7B$4.6B$5.3B$3.9B
Total operating expenses$3.6B$3.6B$3.7B$4.6B$5.3B$3.9B

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gain (Loss) on Investments$0.0$58.0M$550.0M$64.0M$0.0$72.0M
Gains on strategic investments, net$0.0$58.0M$550.0M$64.0M$0.0$72.0M
Investment Income, Interest and Dividend$212.0M$173.0M$144.0M$113.0M$124.0M$90.0M
Gains (losses) on equity investments$0.0$58.0M$550.0M$64.0M$0.0$72.0M
Interest expense$166.0M$166.0M$173.0M$135.0M$140.0M$134.0M
Gains on disposal of investments and other property$0.0$58.0M$550.0M$64.0M$0.0$72.0M
Other income (expense), net$28.0M$65.0M$521.0M$42.0M$0.0$28.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$10.78$9.74$10.29$8.54$7.26$14.24
Diluted earnings per share$10.64$9.64$10.19$8.43$7.10$14.06
Weighted-average shares, basic1.6M155M154.9M154.9M41.4K155.3M
Weighted-average shares, diluted1.8M156.6M156.3M165.2M1.5M165M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$2.1B$1.8B$2.3B$2.0B$1.6B$2.8B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$442.0M$248.0M$587.0M$470.0M$372.0M$516.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$1.7B$1.5B$1.6B$1.3B$1.1B$2.2B

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating income$2.1B$1.7B$1.7B$2.0B$1.7B$2.8B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Amortization of capitalized software and acquired intangible assets—$117.0M$137.0M——$277.0M
Dividend Income And Net Interest Income Expense—$7.0M———-$44.0M
Revenue From Contract With Customer Excluding Assessed Tax$5.7B$5.3B$5.4B$6.5B$7.0B$6.7B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment and other income$212.0M$173.0M$144.0M$113.0M$124.0M$90.0M
Total revenue$5.7B$5.3B$5.4B$6.5B$7.0B$6.7B