Blackstone Credit And Insurance — Realized Performance Compensation increased by 228.8% to $69.44M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.0%, from $70.14M to $69.44M. Over 4 years (FY 2021 to FY 2025), Credit And Insurance — Realized Performance Compensation shows an upward trend with a 14.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Higher values correlate with higher performance revenue; however, a rising ratio relative to revenue could indicate increasing compensation pressure.
Represents the portion of realized performance revenue that is paid out to employees and investment professionals as com...
Similar to 'Carried Interest Compensation' or 'Performance-related Compensation' at peer alternative asset managers.
bx_segment_credit_and_insurance_realized_performance_compensation| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $18.34M | $1.15M | $64.92M | $13.39M | $36.11M | $4.99M | $9.36M | $56.77M | $17.57M | $5.45M | $60.70M | $5.45M | $37.74M | $16.49M | $70.14M | $40.50M | $30.43M | $21.12M | $69.44M |
| QoQ Change | — | -93.8% | >999% | -79.4% | +169.8% | -86.2% | +87.5% | +506.6% | -69.0% | -69.0% | >999% | -91.0% | +593.1% | -56.3% | +325.4% | -42.3% | -24.8% | -30.6% | +228.8% |
| YoY Change | — | — | — | — | +96.9% | +336.0% | -85.6% | +324.1% | -51.3% | +9.2% | +548.5% | -90.4% | +114.8% | +202.5% | +15.6% | +643.7% | -19.4% | +28.1% | -1.0% |