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Blackrock BLK Business Segments

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Revenue by Product
Distribution And Shareholder Service$395M+23.4%$389M+21.2%$359M+11.5%$355M+9.9%$320M+0.6%
Investment Advice$5.73B+28.6%$5.44B+23.6%$5.28B+19.5%$5.05B+25.2%$4.45B+14.9%
Investment Performance$305M+224%$272M+353%$754M+67.2%$516M+33.0%$94M-42.7%
Service Other$92M+64.3%$69M+19.0%$86M+45.8%$77M+45.3%$56M+5.7%
Technology Services And Subscription Revenue$566M+13.4%$530M+21.6%$531M+24.1%$515M+27.8%$499M+26.3%
Revenue by Geography
Americas$4.69B+31.7%$4.37B+25.7%$4.74B+22.9%$4.18B+30.4%$3.56B+10.8%
Asia Pacific$336M+31.3%$367M+51.7%$333M+37.0%$263M+29.6%$256M+13.3%
Europe$2.05B+28.1%$1.96B+25.8%$1.94B+22.6%$2.07B+15.5%$1.6B+17.6%

FAQ

How does Blackrock break its business down?
Blackrock (BLK) reports revenue by product across 5 parts — Distribution And Shareholder Service, Investment Advice, Investment Performance, Service Other and Technology Services And Subscription Revenue. Each is extracted from the segment footnotes and tracked over time.
Where does Blackrock's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Blackrock's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.