Business Segments · Realized Performance Compensation

Private Equity — Realized Performance Compensation

Blackstone Private Equity — Realized Performance Compensation increased by 124.8% to $294.54M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 72.1%, from $171.14M to $294.54M. Over 4 years (FY 2021 to FY 2025), Private Equity — Realized Performance Compensation shows a downward trend with a -7.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ1 2026May 8, 2026

How to read this metric

An increase typically tracks with higher performance revenue, but a rising ratio could indicate higher compensation costs relative to performance.

Detailed definition

Represents the portion of realized performance revenue that is paid out to employees and investment professionals as com...

Peer comparison

Comparable to carried interest compensation or performance-related bonus expenses at peer firms.

Metric ID: bx_segment_private_equity_realized_performance_compensation

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$159.38M$417.39M$255.23M$206.70M$57.38M$164.53M$121.69M$232.93M$90.16M$114.21M$146.18M$220.48M$179.76M$94.80M$138.45M$171.14M$196.82M$205.97M$131.01M$294.54M
QoQ Change+161.9%-38.9%-19.0%-72.2%+186.7%-26.0%+91.4%-61.3%+26.7%+28.0%+50.8%-18.5%-47.3%+46.0%+23.6%+15.0%+4.6%-36.4%+124.8%
YoY Change-64.0%-60.6%-52.3%+12.7%+57.1%-30.6%+20.1%-5.3%+99.4%-17.0%-5.3%-22.4%+9.5%+117.3%-5.4%+72.1%
Range$57.38M$417.39M
CAGR+13.8%
Avg YoY Growth+7.8%
Median YoY Growth-5.3%

Frequently Asked Questions

What is Blackstone's private equity — realized performance compensation?
Blackstone (BX) reported private equity — realized performance compensation of $294.54M in Q1 2026.
How has Blackstone's private equity — realized performance compensation changed year-over-year?
Blackstone's private equity — realized performance compensation increased by 72.1% year-over-year, from $171.14M to $294.54M.
What is the long-term trend for Blackstone's private equity — realized performance compensation?
Over 4 years (2021 to 2025), Blackstone's private equity — realized performance compensation has grown at a -7.0% compound annual growth rate (CAGR), from $943.20M to $704.94M.
What does private equity — realized performance compensation mean?
The share of performance-based revenue paid out to staff as compensation.