Blackstone Performance Allocations Compensation Realized increased by 17.3% to $433.45M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 79.2%, from $241.89M to $433.45M. Over 4 years (FY 2021 to FY 2025), Performance Allocations Compensation Realized shows a downward trend with a -13.4% CAGR.
An increase indicates higher realized investment performance and associated payout obligations, while a decrease suggests lower realized gains or reduced incentive payouts.
This represents the portion of performance-based compensation paid to employees or investment professionals that has bee...
Common in alternative asset managers like KKR, Carlyle, and Apollo as a variable cost tied to fund performance.
operating_expenses_performance_allocations_compensation__0a625c| 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 | $347.42M | $631.63M | $1.12B | $717.60M | $1.04B | $313.93M | $157.82M | $296.79M | $205.20M | $168.62M | $230.25M | $258.89M | $260.74M | $169.74M | $742.85M | $241.89M | $331.19M | $354.77M | $369.63M | $433.45M |
| QoQ Change | — | +81.8% | +77.3% | -35.9% | +44.4% | -69.7% | -49.7% | +88.1% | -30.9% | -17.8% | +36.5% | +12.4% | +0.7% | -34.9% | +337.6% | -67.4% | +36.9% | +7.1% | +4.2% | +17.3% |
| YoY Change | — | — | — | — | +198.2% | -50.3% | -85.9% | -58.6% | -80.2% | -46.3% | +45.9% | -12.8% | +27.1% | +0.7% | +222.6% | -6.6% | +27.0% | +109.0% | -50.2% | +79.2% |