Discontinued — last reported Q3 '25

Non-Current Assets

Long-term investments

Blackstone Long-term investments increased by 1.3% to $31.53B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.3%, from $28.32B to $31.53B. Over 4 years (FY 2020 to FY 2024), Long-term investments shows an upward trend with a 17.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ3 2025Nov 7, 2025

How to read this metric

An increase may indicate strategic capital deployment or long-term asset accumulation, while a decrease could signal divestment or the reclassification of assets to support liquidity needs.

Detailed definition

Long-term investments represent financial assets held by the company with maturities or holding periods exceeding one ye...

Peer comparison

Peer financial institutions typically report these as non-current assets, with variations depending on the specific mix of held-to-maturity securities versus available-for-sale equity investments.

Metric ID: long_term_investments

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$22.16B$25.10B$28.67B$30.07B$27.32B$26.26B$27.55B$26.99B$27.05B$27.34B$26.15B$25.92B$26.43B$28.32B$29.80B$30.26B$31.14B$31.53B
QoQ Change+13.3%+14.2%+4.9%-9.1%-3.9%+4.9%-2.1%+0.2%+1.1%-4.4%-0.9%+1.9%+7.2%+5.2%+1.5%+2.9%+1.3%
YoY Change+23.3%+4.6%-3.9%-10.3%-1.0%+4.1%-5.1%-3.9%-2.3%+3.6%+14.0%+16.7%+17.8%+11.3%
Range$22.16B$31.53B
CAGR+8.6%
Avg YoY Growth+4.9%
Median YoY Growth+3.9%
Current Streak6 quarters growth

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Private Equity$7.64B$8.72B$9.46B$9.73B$9.54B$9.49B$10.39B$10.79B
Real Estate$2.68B$2.73B$1.99B$1.99B$1.67B$1.50B$1.76B$1.59B
Credit And Insurance$705.06M$818.74M$801.85M$734.85M$681.01M$701.75M$640.59M$504.15M
Multi Asset Investing$187.92M
Total$26.43B$28.32B$29.80B$30.26B$31.14B$31.53B

Hedge Fund Solutions was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Long-term investments at Other Companies

Frequently Asked Questions

What is Blackstone's long-term investments?
Blackstone (BX) reported long-term investments of $31.53B in Q3 2025.
How has Blackstone's long-term investments changed year-over-year?
Blackstone's long-term investments increased by 11.3% year-over-year, from $28.32B to $31.53B.
What is the long-term trend for Blackstone's long-term investments?
Over 4 years (2020 to 2024), Blackstone's long-term investments has grown at a 17.5% compound annual growth rate (CAGR), from $15.62B to $29.80B.
What does long-term investments mean?
Financial assets and securities that the company intends to hold for more than one year.