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Blackrock BLK Net Capital Requirements

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Other financials

Income statement

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Revenue$7.1B+30.6%
Operating income$2.5B+42.2%
Net income$1.9B+20.2%
EPS (diluted)$12.19+19.6%

Balance sheet

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Cash & equivalents$10.5B+10.7%
Total debt$15.0B+1.8%
Total equity$57.6B+17.2%
Total assets$175.88B+20.1%

Cash flow

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Operating cash flow$1.2B-10.0%
CapEx$109.0M+22.5%
Free cash flow$1.1B-12.3%

Valuation

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Market cap$175.04B+0.9%
Enterprise value$179.49B+0.5%
P/E26.6×-0.5×
P/S6.4×-1.6×

Profitability

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Operating margin32.6%-2.2pp
Net margin24.1%-5.6pp
FCF margin12.9%-5.1pp

Returns & leverage

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Return on equity12.3%-2.0pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Blackrock in its filing.

Tagged under the XBRL concept blk:NetCapitalRequirements.

The source filing: Blackrock’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 10:57 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-337177

At June 30, 2026, the Company was required to maintain approximately $2.2 billion in net capital in certain regulated subsidiaries, including BlackRock Institutional Trust Company, N.A. (a consolidated subsidiary of the Company, which is chartered as a national bank whose operations are limited to trust and other fiduciary activities and which is subject to regulatory capital requirements administered by the US Office of the Comptroller of the Currency), entities regulated by the Financial Conduct Authority and Prudential Regulation Authority in the UK, and the Company’s broker-dealers. The Company was in compliance with all applicable regulatory net capital requirements.

Item 1. Financial Statements

FAQ

What is Blackrock's net capital requirements?
Blackrock (BLK) reported net capital requirements of $2.2B in Q2 2026.
How has Blackrock's net capital requirements changed year-over-year?
Blackrock's net capital requirements increased by 4.8% year-over-year, from $2.1B to $2.2B.
What is the long-term trend for Blackrock's net capital requirements?
Over 2 years (2023 to 2025), Blackrock's net capital requirements has grown at a 10.6% compound annual growth rate (CAGR), from $1.8B to $2.2B.
What does net capital requirements mean?
Net Capital Requirements as reported by Blackrock, Inc..

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