Business Segments · Fee Related Performance Revenues

Credit And Insurance — Fee Related Performance Revenues

Blackstone Credit And Insurance — Fee Related Performance Revenues decreased by 0.5% to $200.74M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 12.0%, from $227.99M to $200.74M. Over 4 years (FY 2021 to FY 2025), Credit And Insurance — Fee Related Performance Revenues shows an upward trend with a 60.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2025

How to read this metric

Growth indicates successful performance relative to benchmarks, contributing to higher-quality, recurring-style revenue.

Detailed definition

Performance-based revenues that are structured as fee-related rather than traditional carried interest. These revenues a...

Peer comparison

Comparable to performance-based fee revenue at alternative asset managers.

Metric ID: bx_segment_credit_and_insurance_fee_related_performance_revenues

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$15.11M$37.69M$51.52M$67.20M$81.09M$112.13M$114.31M$127.50M$135.44M$146.71M$154.64M$165.54M$167.76M$185.81M$227.99M$195.21M$190.13M$201.72M$200.74M
QoQ Change+149.4%+36.7%+30.4%+20.7%+38.3%+1.9%+11.5%+6.2%+8.3%+5.4%+7.0%+1.3%+10.8%+22.7%-14.4%-2.6%+6.1%-0.5%
YoY Change+436.5%+197.5%+121.9%+89.7%+67.0%+30.8%+35.3%+29.8%+23.9%+26.6%+47.4%+17.9%+13.3%+8.6%-12.0%
Range$15.11M$227.99M
CAGR+77.7%
Avg YoY Growth+75.6%
Median YoY Growth+30.8%

Frequently Asked Questions

What is Blackstone's credit and insurance — fee related performance revenues?
Blackstone (BX) reported credit and insurance — fee related performance revenues of $200.74M in Q4 2025.
How has Blackstone's credit and insurance — fee related performance revenues changed year-over-year?
Blackstone's credit and insurance — fee related performance revenues decreased by 12.0% year-over-year, from $227.99M to $200.74M.
What is the long-term trend for Blackstone's credit and insurance — fee related performance revenues?
Over 4 years (2021 to 2025), Blackstone's credit and insurance — fee related performance revenues has grown at a 60.7% compound annual growth rate (CAGR), from $118.10M to $787.80M.
What does credit and insurance — fee related performance revenues mean?
Performance-based income categorized as fee-related revenue for the credit segment.