Income StatementBalance SheetCash FlowSegments
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Blackstone Income Statement

Revenue, expenses, and profitability over time

Blackstone generated $14.8B in trailing twelve-month revenue, up 0.2% year-over-year. Net income was $3.1B with a 20.67% net margin. Diluted EPS is $3.90, which grew 0.2% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$14.8BNet Income (TTM)$3.1BEps Diluted (TTM)$3.90
Latest FilingQ1 2026
Report Date2026-05-08
Market Cap$149.59B
P/E Ratio48.98
ROE37.36%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Expense, Net$30.9M-$73.6M———$51.0M
Compensation and benefits$1.0B$1.4B$1.4B$1.2B$1.5B$1.7B
General and administrative$339.1M$332.4M$360.8M$383.6M$447.8M$372.8M
Fund Expenses Consolidated Funds$6.3M$12.1M$14.4M$10.1M$12.6M$8.0M
Incentive Fee Expense$149.3M$57.0M$67.4M$61.9M$88.6M$54.4M
Performance Allocations Compensation Realized$742.8M$241.9M$331.2M$354.8M$369.6M$433.4M
Performance Allocations Compensation Unrealized—$103.6M$152.6M-$31.5M$152.3M$89.7M
Salaries And Wages$754.7M$1.0B$870.4M$845.7M$925.8M$1.2B
Total operating expenses$1.5B$1.9B$1.9B$1.8B$2.1B$2.3B

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$0.90$0.80$0.98$0.80$1.29$0.83
Diluted earnings per share$0.91$0.80$0.98$0.80$1.29$0.83
Weighted-average shares, basic—771.8M782.4M782.6M—785.3M
Weighted-average shares, diluted—772.4M782.4M782.7M—786.3M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$1.6B$1.5B$1.9B$1.4B$2.4B$1.5B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$232.5M$243.8M$289.5M$209.7M$382.0M$197.2M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gains (losses) on equity investments$1.1B$1.2B———$1.1B
Interest expense$115.5M$118.1M$135.8M$126.3M$128.1M$137.1M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$703.9M$614.9M$764.2M$624.9M$1.0B$649.7M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Nonoperating Gains Losses$22.5M$57.6M———$99.8M
Other income, net (Note 6)$12.2M$57.6M———$99.8M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment and other income$102.8M$97.4M———$107.9M
Performance Allocations Realized$1.9B$562.1M$829.8M$997.3M$1.3B$1.1B
Performance Allocations Unrealized—$263.2M$313.3M-$215.8M$282.4M$283.5M
Principal Investments Realized$84.4M$185.5M$97.2M$152.7M$262.3M$143.0M
Principal Investments Unrealized—$158.7M$365.4M-$238.7M—-$385.0M
Total revenue$3.1B$3.3B$3.7B$3.1B$4.4B$3.6B