Income StatementBalance SheetCash FlowSegments
Blackrock logo

Blackrock Business Segments

Business, geographic, and product segment breakdowns

Blackrock generates $25.6B in annual revenue across 4 key segments: Distribution And Shareholder Service ($1.4B), Investment Advice ($20.2B), Investment Performance ($1.6B), and Service Other ($288.0M). The company-wide operating margin is 31.83%. Based on the Q1 2026 filing.

Distribution And Shareholder Service (TTM)$1.4BInvestment Advice (TTM)$20.2BInvestment Performance (TTM)$1.6BService Other (TTM)$288.0MTechnology Services And Subscription Revenue (TTM)$2.1B
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$166.57B
P/E Ratio26.63
ROE11.95%

Products & Services

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Advice$4.4B$4.4B$4.5B$5.0B$5.3B$5.4B
Technology Services And Subscription Revenue$428.0M$436.0M$499.0M$515.0M$531.0M$530.0M
Distribution And Shareholder Service$322.0M$321.0M$320.0M$355.0M$359.0M$389.0M
Investment Performance$451.0M$60.0M$94.0M$516.0M$754.0M$272.0M
Service Other$59.0M$58.0M$56.0M$77.0M$86.0M$69.0M

Revenue Remaining Performance Obligation

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Advice$1.3B$1.4B$1.4B$1.4B$1.3B$1.1B
Technology Services And Subscription Revenue$334.0M$480.0M$486.0M$450.0M$497.0M$509.0M

Geographic

Non-Current Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas$25.5B$25.5B$25.5B$32.6B$32.5B$32.5B
Europe$1.4B$3.8B$3.9B$3.9B$3.9B$3.9B
Asia Pacific$100.0M$104.0M$109.0M$117.0M$126.0M$142.0M

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas$3.9B$3.5B$3.6B$4.2B$4.7B$4.4B
Europe$1.6B$1.6B$1.6B$2.1B$1.9B$2.0B
Asia Pacific$243.0M$242.0M$256.0M$263.0M$333.0M$367.0M