Blackrock BLK Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Product | ||||||
| Distribution And Shareholder Service | $389M+21.2% | $359M+11.5% | $355M+9.9% | $320M+0.6% | $321M+3.5% | |
| Investment Advice | $5.44B+23.6% | $5.28B+19.5% | $5.05B+25.2% | $4.45B+14.9% | $4.4B+16.5% | |
| Investment Performance | $272M+353% | $754M+67.2% | $516M+33.0% | $94M-42.7% | $60M-70.6% | |
| Service Other | $69M+19.0% | $86M+45.8% | $77M+45.3% | $56M+5.7% | $58M-1.7% | |
| Technology Services And Subscription Revenue | $530M+21.6% | $531M+24.1% | $515M+27.8% | $499M+26.3% | $436M+15.6% | |
| Revenue Remaining Performance Obligation by Product | ||||||
| Investment Advice | $1.11B-20.0% | $1.25B-3.9% | $1.35B+129% | $1.43B+130% | $1.39B+111% | |
| Technology Services And Subscription Revenue | $509M+6.0% | $497M+48.8% | $450M+47.1% | $486M+61.5% | $480M+58.4% | |
| Revenue by Geography | ||||||
| Americas | $4.37B+25.7% | $4.74B+22.9% | $4.18B+30.4% | $3.56B+10.8% | $3.48B+10.8% | |
| Asia Pacific | $367M+51.7% | $333M+37.0% | $263M+29.6% | $256M+13.3% | $242M+29.4% | |
| Europe | $1.96B+25.8% | $1.94B+22.6% | $2.07B+15.5% | $1.6B+17.6% | $1.56B+11.0% | |
| Non-Current Assets by Geography | ||||||
| Americas | $32.52B+27.5% | $32.49B+27.3% | $32.56B+114% | $25.49B— | $25.51B— | |
| Asia Pacific | $142M+36.5% | $126M+26.0% | $117M+18.2% | $109M— | $104M— | |
| Europe | $3.92B+2.9% | $3.92B+173% | $3.9B+171% | $3.89B— | $3.81B— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- 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.
