What is Blackrock's total sales asset and account expense?

Blackrock (BLK) reported total sales asset and account expense of $1.23B in Q4 2025.

How has Blackrock's total sales asset and account expense changed year-over-year?

Blackrock's total sales asset and account expense increased by 23.1% year-over-year, from $996.00M to $1.23B.

What is the long-term trend for Blackrock's total sales asset and account expense?

Over 2 years (2022 to 2025), Blackrock's total sales asset and account expense has grown at a 12.8% compound annual growth rate (CAGR), from $3.51B to $4.46B.

What does total sales asset and account expense mean?

The total cost of distributing products and servicing client accounts.

Operating Expenses

Total sales asset and account expense

Blackrock Total sales asset and account expense increased by 5.5% to $1.23B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.1%, from $996.00M to $1.23B. Over 2 years (FY 2022 to FY 2025), Total sales asset and account expense shows an upward trend with a 12.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement

SectionOperating Expenses

CategoryEfficiency

SignalLower is better

VolatilityModerate

First reportedQ1 2022

Last reportedQ4 2025

How to read this metric

An increase may signal successful asset gathering efforts, while a decrease could indicate reduced distribution activity or lower commission structures.

Detailed definition

This represents the aggregate costs associated with distribution, including sales commissions, asset-based distribution...

Peer comparison

Comparable to distribution and servicing costs at major retail and institutional asset managers.

Metric ID: is_blk_total_sales_asset_and_account_expense

Historical Data

13 periods

	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q3 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25
Value	$877.00M	$877.00M	$877.00M	$877.00M	$908.00M	$888.00M	$929.00M	$962.00M	$996.00M	$1.01B	$1.06B	$1.16B	$1.23B
QoQ Change	—	+0.0%	+0.0%	+0.0%	+3.5%	-2.2%	+4.6%	+3.6%	+3.5%	+1.3%	+5.4%	+9.3%	+5.5%
YoY Change	—	—	—	—	+3.5%	—	—	+5.9%	—	+13.6%	+14.4%	+20.8%	+23.1%

Range$877.00M – $1.23B

CAGR+11.8%

Avg YoY Growth+13.6%

Median YoY Growth+14.0%

Current Streak7 quarters growth

Frequently Asked Questions

What is Blackrock's total sales asset and account expense?: Blackrock (BLK) reported total sales asset and account expense of $1.23B in Q4 2025.
How has Blackrock's total sales asset and account expense changed year-over-year?: Blackrock's total sales asset and account expense increased by 23.1% year-over-year, from $996.00M to $1.23B.
What is the long-term trend for Blackrock's total sales asset and account expense?: Over 2 years (2022 to 2025), Blackrock's total sales asset and account expense has grown at a 12.8% compound annual growth rate (CAGR), from $3.51B to $4.46B.
What does total sales asset and account expense mean?: The total cost of distributing products and servicing client accounts.