Operating Expenses
Fund Expenses Consolidated Funds
Blackstone Fund Expenses Consolidated Funds decreased by 36.6% to $8.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 33.9%, from $12.10M to $8.00M. Over 4 years (FY 2021 to FY 2025), Fund Expenses Consolidated Funds shows an upward trend with a 47.6% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryOther
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026
How to read this metric
Fluctuations are driven by the number and size of funds consolidated under accounting standards rather than the firm's own operational efficiency.
Detailed definition
These are the operating costs incurred by investment funds that are consolidated into the firm's financial statements du...
Peer comparison
Specific to asset managers with significant fund consolidation; often excluded when analyzing the core management company's performance.
Metric ID:
operating_expenses_fund_expenses_consolidated_fundsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.77M | $1.26M | $2.96M | $2.19M | $4.44M | $5.52M | $18.53M | $48.40M | $31.59M | $38.93M | $69.00K | $3.95M | $5.96M | $3.47M | $6.30M | $12.10M | $14.43M | $10.06M | $12.62M | $8.00M |
| QoQ Change | — | -66.6% | +134.8% | -25.9% | +102.3% | +24.4% | +235.9% | +161.2% | -34.7% | +23.3% | -99.8% | >999% | +50.9% | -41.8% | +81.4% | +92.2% | +19.2% | -30.3% | +25.4% | -36.6% |
| YoY Change | — | — | — | — | +17.5% | +337.9% | +526.3% | >999% | +612.2% | +605.7% | -99.6% | -91.8% | -81.1% | -91.1% | >999% | +206.4% | +142.2% | +189.9% | +100.4% | -33.9% |
Range$69.00K – $48.40M
CAGR+17.1%
Avg YoY Growth+842.1%
Median YoY Growth+166.0%
Fund Expenses Consolidated Funds at Other Companies
Frequently Asked Questions
- What is Blackstone's fund expenses consolidated funds?
- Blackstone (BX) reported fund expenses consolidated funds of $8.00M in Q1 2026.
- How has Blackstone's fund expenses consolidated funds changed year-over-year?
- Blackstone's fund expenses consolidated funds decreased by 33.9% year-over-year, from $12.10M to $8.00M.
- What is the long-term trend for Blackstone's fund expenses consolidated funds?
- Over 4 years (2021 to 2025), Blackstone's fund expenses consolidated funds has grown at a 47.6% compound annual growth rate (CAGR), from $10.38M to $49.22M.
- What does fund expenses consolidated funds mean?
- Operating costs of investment funds that are consolidated for accounting purposes.