Operating Expenses

Compensation and benefits

Blackrock Compensation and benefits decreased by 13.9% to $2.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 27.8%, from $1.74B to $2.23B. Over 2 years (FY 2022 to FY 2025), Compensation and benefits shows an upward trend with a 21.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

An increase often reflects headcount growth or higher performance-based incentives, while a decrease may indicate efficiency initiatives or workforce reductions.

Detailed definition

Includes all salaries, wages, bonuses, stock-based compensation, and employee benefit costs for the workforce. This is t...

Peer comparison

Highly comparable across all sectors; usually found under 'Personnel' or 'Staffing' expenses.

Metric ID: compensation_and_benefits

Historical Data

14 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.42B$1.42B$1.42B$1.42B$1.42B$1.58B$1.50B$1.58B$1.89B$1.74B$1.76B$2.36B$2.58B$2.23B
QoQ Change+0.0%+0.0%+0.0%-0.0%+11.3%-4.9%+5.0%+19.5%-7.6%+1.3%+33.6%+9.6%-13.9%
YoY Change-0.0%+11.1%+10.2%+17.4%+49.4%+37.1%+27.8%
Range$1.42B$2.58B
CAGR+14.8%
Avg YoY Growth+21.8%
Median YoY Growth+17.4%

Frequently Asked Questions

What is Blackrock's compensation and benefits?
Blackrock (BLK) reported compensation and benefits of $2.23B in Q1 2026.
How has Blackrock's compensation and benefits changed year-over-year?
Blackrock's compensation and benefits increased by 27.8% year-over-year, from $1.74B to $2.23B.
What is the long-term trend for Blackrock's compensation and benefits?
Over 2 years (2022 to 2025), Blackrock's compensation and benefits has grown at a 21.9% compound annual growth rate (CAGR), from $5.68B to $8.45B.
What does compensation and benefits mean?
The total cost of employee salaries, bonuses, and benefits.