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Blackrock BLK Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Revenue by Product
Distribution And Shareholder Service$1.42B+10.8%$1.36B+6.4%$1.32B+5.1%$1.29B+2.7%$1.28B
Investment Advice$20.22B+20.9%$19.18B+19.1%$18.32B+19.8%$17.3B+15.8%$16.72B
Investment Performance$1.64B+53.9%$1.42B+18.0%$1.12B+5.1%$993M+32.6%$1.06B
Service Other$288M+29.1%$277M+23.7%$250M+26.3%$226M+20.2%$223M
Technology Services And Subscription Revenue$2.08B+24.8%$1.98B+23.6%$1.88B+21.5%$1.77B+16.6%$1.66B+11.5%
Revenue by Geography
Americas$16.85B+22.6%$15.96B+19.0%$15.07B+19.0%$14.1B+13.3%$13.75B
Asia Pacific$1.22B+33.4%$1.09B+27.4%$1B+24.4%$944M+20.1%$914M
Europe$7.57B+20.3%$7.17B+16.8%$6.81B+15.6%$6.53B+19.6%$6.29B

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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.