Equity Securities Without Readily Determinable Fair Value - Cumulative Downward Adjustments

Blackstone Equity Securities Without Readily Determinable Fair Value - Cumulative Downward Adjustments increased by 55.6% to $19.3M in Q4 2025 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Equity Securities Without Readily Determinable Fair Value - Cumulative Downward Adjustments shows an upward trend with a 76.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryRisk

SignalLower is better

VolatilityModerate

First reportedQ4 2023

Last reportedQ4 2025Feb 27, 2026

How to read this metric

An increase indicates deteriorating performance or valuation write-downs in the private equity or venture portfolio.

Detailed definition

The cumulative amount of downward fair value adjustments recognized for equity securities that lack a readily determinab...

Peer comparison

Standard for firms with significant private equity or venture capital exposure.

Metric ID: equity_securities_no_fv_downward_adj

Historical Data

3 periods

	Q4 '23	Q4 '24	Q4 '25
Value	$6.2M	$12.4M	$19.3M
QoQ Change	—	+100.0%	+55.6%
YoY Change	—	+100.0%	+55.6%

Range$6.2M – $19.3M

Avg YoY Growth+77.8%

Median YoY Growth+77.8%

Current Streak2+ quarters growth

Equity Securities Without Readily Determinable Fair Value - Cumulative Downward Adjustments at Other Companies

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Frequently Asked Questions

What is Blackstone's equity securities without readily determinable fair value - cumulative downward adjustments?: Blackstone (BX) reported equity securities without readily determinable fair value - cumulative downward adjustments of $19.3M in Q4 2025.
What is the long-term trend for Blackstone's equity securities without readily determinable fair value - cumulative downward adjustments?: Over 2 years (2023 to 2025), Blackstone's equity securities without readily determinable fair value - cumulative downward adjustments has grown at a 76.4% compound annual growth rate (CAGR), from $6.2M to $19.3M.
What does equity securities without readily determinable fair value - cumulative downward adjustments mean?: Total value lost on private or hard-to-value equity investments.