Blackstone Private Equity — Other Operating Expenses increased by 21.2% to $146.38M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 21.6%, from $120.33M to $146.38M. Over 4 years (FY 2021 to FY 2025), Private Equity — Other Operating Expenses shows an upward trend with a 16.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may suggest rising administrative overhead or regulatory costs, while a decrease indicates improved operational efficiency.
Represents the non-compensation operating costs specifically attributable to the private equity business segment. These...
Comparable to SG&A or operating expense allocations in other alternative asset managers' private equity divisions.
bx_segment_private_equity_other_operating_expenses| 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 | $61.04M | $56.79M | $95.58M | $67.74M | $83.23M | $76.14M | $77.06M | $76.76M | $74.40M | $78.55M | $87.03M | $86.88M | $87.44M | $96.66M | $120.33M | $102.89M | $112.30M | $120.74M | $146.38M |
| QoQ Change | — | -7.0% | +68.3% | -29.1% | +22.9% | -8.5% | +1.2% | -0.4% | -3.1% | +5.6% | +10.8% | -0.2% | +0.6% | +10.5% | +24.5% | -14.5% | +9.1% | +7.5% | +21.2% |
| YoY Change | — | — | — | — | +36.4% | +34.1% | -19.4% | +13.3% | -10.6% | +3.2% | +12.9% | +13.2% | +17.5% | +23.1% | +38.3% | +18.4% | +28.4% | +24.9% | +21.6% |