Business Segments · Fee Related Performance Revenues

Private Equity — Fee Related Performance Revenues

Blackstone Private Equity — Fee Related Performance Revenues increased by 32.7% to $168.10M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 85.6%, from $1.17B to $168.10M. Over 4 years (FY 2021 to FY 2025), Private Equity — Fee Related Performance Revenues shows an upward trend with a 26.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ4 2025

How to read this metric

Growth indicates the firm is successfully hitting performance targets that trigger fee payments, contributing to stable earnings growth.

Detailed definition

Performance-based revenues that are tied to the management of assets and are considered more recurring or predictable th...

Peer comparison

Similar to 'Performance-Related Management Fees' at other asset managers.

Metric ID: bx_segment_private_equity_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$53.03M$53.03M$53.03M-$648.00K$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$8.70M$5.87M$1.17B$60.90M$192.33M$126.65M$168.10M
QoQ Change+0.0%+0.0%-101.2%+100.0%-32.6%>999%-94.8%+215.8%-34.1%+32.7%
YoY Change-100.0%-100.0%-100.0%+100.0%>999%>999%-85.6%
Range-$648.00K$1.17B
CAGR+29.2%
Avg YoY Growth+554.7%
Median YoY Growth-85.6%

Frequently Asked Questions

What is Blackstone's private equity — fee related performance revenues?
Blackstone (BX) reported private equity — fee related performance revenues of $168.10M in Q4 2025.
How has Blackstone's private equity — fee related performance revenues changed year-over-year?
Blackstone's private equity — fee related performance revenues decreased by 85.6% year-over-year, from $1.17B to $168.10M.
What is the long-term trend for Blackstone's private equity — fee related performance revenues?
Over 4 years (2021 to 2025), Blackstone's private equity — fee related performance revenues has grown at a 26.8% compound annual growth rate (CAGR), from $212.13M to $547.99M.
What does private equity — fee related performance revenues mean?
Performance-based fees that are recurring in nature.