Operating Expenses
Blackstone·Income Statement·10 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Total operating expenses | $1.6B | $1.9B | $1.5B | $1.9B | $1.9B | $1.8B | $2.1B | $2.3B |
| Compensation and benefits | $1.2B | $1.4B | $1B | $1.4B | $1.4B | $1.2B | $1.5B | $1.7B |
| Salaries And Wages | $766.6M | $732M | $754.7M | $1B | $870.4M | $845.7M | $925.8M | $1.2B |
| Performance Allocations Compensation Realized | $260.7M | $169.7M | $742.8M | $241.9M | $331.2M | $354.8M | $369.6M | $433.4M |
| General and administrative | $311.9M | $340.9M | $339.1M | $332.4M | $360.8M | $383.6M | $447.8M | $372.8M |
| Performance Allocations Compensation Unrealized | $101.7M | $465.1M | — | $103.6M | $152.6M | -$31.5M | $152.3M | $89.7M |
| Incentive Fee Expense | $77.1M | $73.5M | $149.3M | $57M | $67.4M | $61.9M | $88.6M | $54.4M |
| Other Operating Expense, Net | $19.6M | -$96.3M | $155.6M | -$73.6M | -$225.1M | $28.7M | -$902K | $51M |
| Other operating income (expense), net | $19.6M | -$96.3M | $155.6M | -$73.6M | -$225.1M | $28.7M | -$902K | $51M |
| Fund Expenses Consolidated Funds | $6M | $3.5M | $6.3M | $12.1M | $14.4M | $10.1M | $12.6M | $8M |