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Blackrock BLK Total Operating Expenses

Total Operating Expenses at other companies

BEN
Franklin ResourcesBEN
$1.97B+0.3%
Affiliated Managers Group logo
Affiliated Managers GroupAMG
$505.9M+10.7%
MicroStrategy logo
MicroStrategyMSTR
$14.55B+143%
Federated Hermes logo
Federated HermesFHI
$352.63M+20.9%
MetLife logo
MetLifeMET
$3.8B+13.4%
T Rowe Price Group logo
T Rowe Price GroupTROW
$1.18B+0.8%

Other financials

Income statement

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Revenue$6.7B+27.0%
Operating income$2.8B+65.7%
Net income$2.2B+46.5%
EPS (diluted)$14.06+45.9%

Balance sheet

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Cash & equivalents$9.9B+27.0%
Total debt$15.0B+5.0%
Total equity$56.7B+18.0%
Total assets$170.24B+19.9%

Cash flow

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Operating cash flow-$980.0M+13.1%
CapEx$106.0M+35.9%
Free cash flow-$1.1B+10.0%

Valuation

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Market cap$150.88B-0.1%
Enterprise value$155.98B-0.9%
P/E24.1×+0.2×
P/S5.9×-1.3×

Profitability

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Operating margin31.8%-4.3pp
Net margin24.4%-5.7pp
FCF margin14.3%-4.6pp

Returns & leverage

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Return on equity11.9%-2.4pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Blackrock in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The official record: Blackrock’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Blackrock's total operating expenses?
Blackrock (BLK) reported total operating expenses of $3.88B in Q1 2026.
How has Blackrock's total operating expenses changed year-over-year?
Blackrock's total operating expenses increased by 8.6% year-over-year, from $3.58B to $3.88B.
What is the long-term trend for Blackrock's total operating expenses?
Over 2 years (2022 to 2025), Blackrock's total operating expenses has grown at a 22.3% compound annual growth rate (CAGR), from $11.49B to $17.17B.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.