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Blackrock Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Blackrock holds $170.24B in total assets. Shareholders' equity is $56.7B against $15.0B in total debt. Cash and equivalents total $9.9B. Based on the Q1 2026 filing.

Total Assets$170.24BTotal Stockholders Equity$56.7BLong Term Debt$12.7BCash And Equivalents$9.9BTotal Current Liabilities$8.4B
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$166.57B
P/E Ratio26.63
ROE11.93%

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$4.3B$4.3B$4.4B$4.8B$5.2B$111.0M
Cash and cash equivalents$12.8B$7.8B$9.5B$10.0B$11.5B$9.9B
Debt Securities (Trading and AFS) - Cost Basis$1.8B$2.0B$2.2B$2.6B$2.8B$3.3B
Income taxes receivable$215.0M———$247.0M—
Restricted cash$17.0M$17.0M$17.0M$22.0M$22.0M$22.0M
Collateral Held for Securities Lending Indemnifications$305.0B$316.0B$317.0B$318.0B$353.0B$397.0B

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued compensation$3.0B$1.2B$1.7B$2.8B$3.8B$1.6B
Dividends Payable Per Share$20.40———$20.84—
Income taxes payable$134.0M———$188.0M—
Operating Lease Liability Payments - 2024 (Lessee)$185.0M———$246.0M—
Operating Lease Liability Payments - 2025 (Lessee)$170.0M———$227.0M—
Lease Liability Payments - Due Year Two$185.0M———$246.0M—
Lease Liability Payments - Due Year Three$179.0M———$239.0M—
Lease Liability Payments - Due Year Four$170.0M———$227.0M—
Lease Liability Payments - Remainder of Fiscal Year$198.0M———$237.0M—
Operating lease liabilities, current$1.9B$1.9B$1.9B$2.3B$2.2B$2.2B
Operating Lease Liability Payments Due$2.3B———$2.8B—
Operating Lease Liability - Undiscounted Excess Amount$419.0M———$556.0M—
Obligation to Return Securities Received as Collateral$10.6B$11.0B$12.3B$11.8B$14.4B$13.3B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Aggregate Notional Principal Outstanding$197.0M$218.0M$221.0M$237.0M$231.0M$271.0M
CET1 Capital Adequacy Requirement$28.0M———$33.0M—
CET1 Well-Capitalized Requirement$41.0M———$48.0M—
Cumulative Cost Basis$2.7B———$2.9B—
ESPP Purchase Price Percentage95.0%———95.0%—
Minimum Net Capital Requirement$1.8B$1.9B$2.1B$2.2B$2.2B$2.2B
Accounts Receivable, after Allowance for Credit Loss$4.3B$4.3B$4.4B$4.8B$5.2B$5.2B
Business Combination, Contingent Consideration, Liability, Current————$8.4B$7.9B
Business Combination, Contingent Consideration, Liability———$8.0B$8.4B$7.9B
Capital Required To Be Well Capitalized To Risk Weighted Assets10.0%———10.0%—
CL Os Held At Fair Value$72.0M——$552.0M$568.0M$537.0M
Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets4.5%———4.5%—
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets6.5%———6.5%—
Common Equity Tier One Risk Based Capital To Risk Weighted Assets151.9%———114.0%—
Common stock, par value (in dollars per share)$0.01$0.01$0.01$0.01$0.01$0.01
Common stock, shares authorized (in shares)500M500M500M500M500M500M
Common stock, shares issued (in shares)155.3M156M156M156.3M156.3M156.3M
Common Stock, Shares, Outstanding154.9M155M154.8M155.1M155.1M155.4M
Debt issuances$12.4B$12.5B$12.9B$12.9B$12.9B$12.9B
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net$111.0M$107.0M$112.0M$109.0M$107.0M$104.0M
Deferred Tax Liabilities, Gross$3.3B$3.7B$3.6B$5.0B$4.6B$4.7B
Deferred Tax Assets, Gross$1.6B———$2.3B—
Deferred Tax Assets, Net of Valuation Allowance$1.5B———$2.2B—
Deferred Tax Assets, Operating Loss Carryforwards$103.0M———$115.0M—
Deferred tax assets, tax credit carryforwards, foreign$39.0M———$105.0M—
Compensation and benefits$354.0M———$534.0M—
Deferred Tax Assets, Valuation Allowance$69.0M———$181.0M—
Deferred Tax Liabilities, Net$3.2B———$4.4B—
Deferred Tax Liabilities, Other$341.0M———$493.0M—
Derivative Collateral$69.0M$91.0M$87.0M$95.0M$81.0M$137.0M
Notional$197.0M$218.0M$221.0M$237.0M$231.0M$271.0M
Derivative Pillars$17.0M$17.0M$17.0M$17.0M$17.0M$17.0M
Estimated Annual Fixed Minimum Fees For Currently Outstanding Contracts$1.2B$890.0M$610.0M$310.0M$1.3B$1.0B
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unfunded Commitments$1.2B$1.2B$1.2B$1.2B$2.4B$2.2B
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value$4.4B$4.5B————
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value$363.0M$338.0M$335.0M$246.0M$367.0M$377.0M
Finite-Lived Intangible Assets, Accumulated Amortization$782.0M$892.0M$961.0M$1.2B$1.5B$1.7B
2028$457.0M———$1.0B—
2030$283.0M———$852.0M—
2031$271.0M———$809.0M—
2027$429.0M———$1.1B—
2029$384.0M———$927.0M—
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss————$507.0M$495.0M
Income taxes receivable$215.0M———$247.0M—
Trademarks$17.5B$17.5B$17.5B$20.5B$20.4B$20.4B
Indefinite- lived intangible impairment$21.5B———$29.5B—
Investment Commitments$1.2B$1.2B$1.2B$1.2B$2.4B$2.7B
Lessee Operating Lease Liability Payments Due$2.3B———$2.8B—
Lessee Operating Lease Liability Undiscounted Excess Amount$419.0M———$556.0M—
Fair value of long-term debt$11.7B$11.9B$12.4B$12.6B$12.5B$12.3B
Noncontrolling interests in subsidiaries$169.0M$170.0M$165.0M$216.0M$227.0M$217.0M
Money Market Valuation Per Share Floor$1.00$1.00$1.00$1.00$1.00$1.00
Long-Lived Assets$27.1B$29.4B$29.5B$36.6B$36.5B$36.6B
Operating Lease Weighted Average Discount Rate Percent3.0%3.0%3.0%3.0%4.0%4.0%
Securities Borrowed, Fair Value of Collateral$6.1B$5.8B$6.3B$6.2B$7.9B$6.6B
Fair value of securities sold under agreement to repurchase$9.9B$10.1B$11.3B$10.9B$13.3B$11.8B
Separate Account Collateral Held Under Securities Lending Agreements$6.1B$5.8B$6.3B$6.2B$7.9B$6.6B
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value$806.71$841.26$842.24$847.49$847.43$937.88
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number1.7M1.6M1.4M1.3M1.3M1.1M
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number661.5K665.4K649.1K678.9K678K662.6K
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value$695.0M$511.0M$601.0M$687.0M$548.0M$348.0M
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value$320.0M$228.0M$233.0M$214.0M$167.0M$71.0M
Shares reserved for awards to employees and outside directors (in shares)$48.5M———$48.5M—
Share-Based Payment Arrangement, Option, Exercise Price Range, Shares Exercisable625.8K526K434.8K327.7K300.4K157.4K
Technology Services Subscription Deferred Revenue Liability$124.0M$232.0M$242.0M$232.0M$260.0M$252.0M
Tier One Leverage Capital Required To Be Well Capitalized To Average Assets5.0%———5.0%—
Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets8.0%———8.0%—
Total Debt Securities$2.3B$2.5B$2.7B$3.2B$3.3B$3.8B
Total Equity Method Investments$2.8B$2.8B$2.5B$2.5B$2.1B$2.3B
Treasury stock, shares (in shares)370.4K1M1.3M1.2M1.2M911.3K
Unrecognized tax benefits$517.0M———$511.0M—
Penalties and interest accrued on unrecognized tax benefits$203.0M———$173.0M—
Amount that if recognized, would affect the effective tax rate or regulatory liability$431.0M———$435.0M—
Regulatory Capital Requirement$50.0M———$59.0M—
Tier 1 Capital Adequacy Requirement$38.0M———$45.0M—
Tier 1 Leverage Adequacy Requirement$53.0M———$50.0M—
Tier 1 Leverage Well-Capitalized Requirement$67.0M———$63.0M—
Tier 1 Well-Capitalized Requirement$50.0M———$59.0M—
Total Collateral Pledged to Third Parties$0.0$0.0$0.0$0.0$0.0$0.0
Well-Capitalized Regulatory Requirement$63.0M———$74.0M—

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Carried Interest Liability$124.0M$1.9B$2.1B$3.4B$3.5B$3.6B
Deferred Tax Liabilities - Insurance Reserves$4.2B———$4.9B—
Separate account liabilities$52.8B$53.7B$56.1B$53.6B$60.1B$58.8B
Operating Lease Liability Payments - 2026 (Lessee)$179.0M———$239.0M—
Operating Lease Liability Payments - 2027 (Lessee)$156.0M———$218.0M—
Operating Lease Liability Payments - 2028 (Lessee)$170.0M———$227.0M—
Operating Lease Liability Payments - 2029 (Lessee)$156.0M———$218.0M—
Lease Liability Payments - Due After Year Five$1.4B———$1.6B—
Operating Lease Liability Payments - Thereafter (Lessee)$1.4B———$1.6B—
Long-term debt$12.3B$12.3B$12.8B$12.8B$12.8B$12.7B
Accounts payable, accrued expenses, and other liabilities (includes VIE balances of $159 and $183)$1.5B$1.6B$1.7B$1.6B$1.7B$2.1B
Operating Lease Liabilities (Total)$1.9B$1.9B$1.9B$2.3B$2.2B$2.2B
Other non-current liabilities$4.0B$7.2B$6.3B$8.6B$6.8B$10.4B
Total liabilities$89.3B$91.8B$94.9B$100.8B$108.5B$106.9B
Unrecognized Tax Benefits$517.0M———$511.0M—
Unrecognized Tax Benefits - Impacting Effective Tax Rate$431.0M———$435.0M—
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued$203.0M———$173.0M—

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$1.2B-$951.0M-$515.0M-$558.0M-$545.0M-$678.0M
Common Equity Tier 1 Capital$953.0M———$846.0M—
Additional paid-in capital$13.4B$13.7B$13.9B$19.6B$19.7B$19.1B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$2.0M$2.0M$2.0M$2.0M$2.0M$2.0M
Treasury Stock, Value$386.0M$1.0B$1.3B$1.2B$1.2B$964.0M
Capital Conservation Buffer8.0%———8.0%—
G-SIB Surcharge$961.0M———$851.0M—
Retained earnings$35.6B$36.3B$37.1B$37.6B$37.9B$39.2B
Share Price$1025.00———$1070.00—
Shares Reserved for Future Issuance Under Stock Plans7.7M———6.2M—
Total liabilities and stockholders' equity$138.6B$141.9B$146.5B$162.7B$170.0B$170.2B
Total stockholders' equity$47.5B$48.0B$49.1B$55.5B$55.9B$56.7B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred tax assets$3.2B$15.0M-$93.0M-$160.0M$4.4B$60.0M
Deferred Tax Assets and Other Non-Current Assets$795.0M———$855.0M—
Deferred Tax Assets - Investments$0.0———$24.0M—
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)$271.0M———$809.0M—
Goodwill$25.9B$28.3B$28.3B$35.4B$35.3B$35.3B
Goodwill and Intangible Assets, Net$4.2B———$4.9B—
Held-to-Maturity Debt Securities - Fair Value$188.0M$163.0M$143.0M$162.0M$178.0M$239.0M
Indefinite-Lived Intangible Assets$17.5B$17.5B$17.5B$20.5B$20.4B$20.4B
Indefinite-Lived Intangible Assets, Gross$17.5B$17.5B$17.5B$20.5B$20.4B$20.4B
Indefinite-Lived Research and Development Assets$17.5B$17.5B$17.5B$20.5B$20.4B$20.4B
Indefinite-Lived Trademarks$17.5B$17.5B$17.5B$20.5B$20.4B$20.4B
Equity securities$2.0B$2.2B$2.3B$2.3B$2.3B$2.6B
Separate account assets$52.8B$53.7B$56.1B$53.6B$60.1B$58.8B
Intangible Assets Gross (Excluding Goodwill)$21.5B———$29.5B—
Net Investment in Lease$1.5B$1.5B$1.6B$1.9B$1.9B$1.8B
Intangible assets — net$3.2B$4.3B$4.1B$7.6B$7.5B$7.3B
Other intangible assets—net$20.7B$21.9B$21.7B$28.2B$28.0B$27.7B
Investments$9.8B$10.5B$10.9B$13.7B$13.3B$14.6B
Operating lease right-of-use assets$1.5B$1.5B$1.6B$1.9B$1.9B$1.8B
Other Assets$3.6B$7.1B$6.6B$7.8B$5.7B$9.1B
Property, plant and equipment at cost$2.7B———$2.9B—
Trading account securities$1.8B$2.0B$2.2B$2.6B$2.8B$3.3B
Operating Lease Right-of-Use Assets in Other Assets$1.5B$1.5B$1.6B$1.9B$1.9B$1.8B
Pledged Assets - Fair Value$0.0$0.0$0.0$0.0$0.0$0.0
Accumulated depreciation$1.6B$1.6B$1.7B$1.8B$1.7B$1.8B
Property and equipment, net$1.1B$1.1B$1.2B$1.2B$1.3B$1.3B
Tax Credit Carryforward Valuation Allowance$69.0M———$181.0M—
Total assets$138.6B$141.9B$146.5B$162.7B$170.0B$170.2B