Business Segments · Realized Principal Investment Income Loss
Real Estate — Realized Principal Investment Income Loss
Blackstone Real Estate — Realized Principal Investment Income Loss decreased by 57.8% to $2.24M in Q4 2025 compared to the prior quarter. Over 4 years (FY 2021 to FY 2025), Real Estate — Realized Principal Investment Income Loss shows a downward trend with a -51.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ4 2025
How to read this metric
Positive values indicate successful proprietary investment outcomes, while negative values reflect losses on the firm's own capital exposure.
Detailed definition
This captures the net gains or losses realized from the firm's own capital invested alongside clients in real estate pro...
Peer comparison
Similar to 'Principal Investment Income' or 'Balance Sheet Investment Gains' at other asset managers.
Metric ID:
bx_segment_real_estate_realized_principal_investment_income_lossHistorical Data
19 periods
| 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 | $28.13M | $42.68M | $25.24M | $53.98M | $29.12M | $45.30M | $22.40M | $2.22M | -$70.00K | $1.57M | $3.91M | $2.19M | $7.05M | $6.42M | $0.00 | $349.00K | $2.80M | $5.30M | $2.24M |
| QoQ Change | — | +51.7% | -40.9% | +113.8% | -46.1% | +55.6% | -50.5% | -90.1% | -103.1% | >999% | +149.8% | -43.9% | +221.6% | -9.0% | -100.0% | — | +701.4% | +89.6% | -57.8% |
| YoY Change | — | — | — | — | +3.5% | +6.1% | -11.3% | -95.9% | -100.2% | -96.5% | -82.6% | -1.4% | >999% | +310.3% | -100.0% | -84.1% | -60.3% | -17.4% | — |
Range-$70.00K – $53.98M
CAGR-43.0%
Avg YoY Growth+703.3%
Median YoY Growth-38.9%
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Frequently Asked Questions
- What is Blackstone's real estate — realized principal investment income loss?
- Blackstone (BX) reported real estate — realized principal investment income loss of $2.24M in Q4 2025.
- What is the long-term trend for Blackstone's real estate — realized principal investment income loss?
- Over 4 years (2021 to 2025), Blackstone's real estate — realized principal investment income loss has grown at a -51.7% compound annual growth rate (CAGR), from $196.87M to $10.69M.
- What does real estate — realized principal investment income loss mean?
- The net profit or loss from the firm's own capital invested in its real estate funds.