Current Liabilities
Obligation to Return Securities Received as Collateral
Blackrock Obligation to Return Securities Received as Collateral decreased by 7.6% to $13.3B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.9%, from $11B to $13.3B. Over 2 years (FY 2023 to FY 2025), Obligation to Return Securities Received as Collateral shows an upward trend with a 19.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026May 6, 2026
How to read this metric
Tracks the scale of securities lending operations; must be managed alongside the underlying collateral assets.
Detailed definition
The liability representing the firm's obligation to return collateral received from counterparties in securities lending...
Peer comparison
Directly correlated with the volume of securities lending business at peer firms.
Metric ID:
securities_loaned_collateral_obligation_returnHistorical Data
8 periods
| Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | $10.1B | $11.7B | $10.6B | $11B | $12.3B | $11.8B | $14.4B | $13.3B |
| QoQ Change | — | +15.8% | -9.4% | +3.8% | +11.8% | -4.1% | +22.0% | -7.6% |
| YoY Change | — | — | +5.0% | — | — | +0.9% | +35.8% | +20.9% |
Range$10.1B – $14.4B
CAGR+17.0%
Avg YoY Growth+15.6%
Median YoY Growth+12.9%
Obligation to Return Securities Received as Collateral at Other Companies
Frequently Asked Questions
- What is Blackrock's obligation to return securities received as collateral?
- Blackrock (BLK) reported obligation to return securities received as collateral of $13.3B in Q1 2026.
- How has Blackrock's obligation to return securities received as collateral changed year-over-year?
- Blackrock's obligation to return securities received as collateral increased by 20.9% year-over-year, from $11B to $13.3B.
- What is the long-term trend for Blackrock's obligation to return securities received as collateral?
- Over 2 years (2023 to 2025), Blackrock's obligation to return securities received as collateral has grown at a 19.4% compound annual growth rate (CAGR), from $10.1B to $14.4B.
- What does obligation to return securities received as collateral mean?
- The liability to return collateral received from others for securities lent out.