BlackRock (BLK) financial statements
- FY2025 revenue
- $24.2B▲ +18.7%
- FY2025 net income
- $5.6B▼ −12.8%
- FY2025 diluted EPS
- $35.31▼ −15.9%
- FY2025 free cash flow
- $3.6B▼ −24.4%
BlackRock income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Revenue | 24,216 | 20,407 | 17,859 |
| Operating income | 7,045 | 7,574 | 6,275 |
| Pretax income | 7,619 | 8,295 | 7,155 |
| Net income | 5,553 | 6,369 | 5,502 |
| Diluted earnings per share | 35.31 | 42.01 | 36.51 |
BlackRock balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Cash and cash equivalents | 11,468 | 12,779 | 8,753 |
| Total assets | 169,998 | 138,615 | 123,211 |
| Total liabilities | 108,456 | 89,260 | 81,971 |
| Total equity | 56,115 | 47,664 | 39,500 |
BlackRock cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Operating cash flow | 3,927 | 4,956 | 4,165 |
| Capital expenditure | -375 | -255 | -344 |
| Free cash flow (derived) | 3,552 | 4,701 | 3,821 |
| Dividends paid | n/a | -3,101 | -3,035 |
| Share repurchases | n/a | -1,930 | -1,884 |
Quarterly highlights
| USD millions | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Period ended | 30 Sep 2026 | 30 Jun 2026 | 31 Mar 2026 | 31 Dec 2025 |
| Revenue (derived) | 7,752 | 7,084 | 6,698 | 7,008 |
| Operating income (derived) | 2,328 | 2,461 | 2,814 | 1,661 |
| Net income (derived) | 1,659 | 1,914 | 2,212 | 1,127 |
| Diluted earnings per share | 10.57 | 12.19 | 14.06 | n/a |
| Operating cash flow (derived) | 2,706 | 1,227 | -980 | 2,277 |
| Total assets | 177,898 | 175,875 | 170,237 | 169,998 |
BlackRock major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| Vanguard Capital Management | 6.9% | 10,700,618 | 28 April 2026 |
BlackRock 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 4 November 2026 | 10-Q | Quarterly report | Quarterly report |
| 14 October 2026 | 8-K | Current report | Current report |
Common questions
What was BlackRock's revenue in fiscal 2025?
BlackRock reported $24.2 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 18.7% from fiscal 2024.
What was BlackRock's net income in fiscal 2025?
BlackRock reported net income of $5.6 billion for fiscal 2025, the year ended 31 December 2025, down 12.8% from fiscal 2024. Diluted earnings per share were $35.31.
What was BlackRock's free cash flow in fiscal 2025?
BlackRock had $3.6 billion in free cash flow in fiscal 2025. Operating cash flow was $3.9 billion and capital expenditure was $375 million.
What were BlackRock's total assets at the end of fiscal 2025?
BlackRock reported total assets of $170.0 billion at the end of fiscal 2025, the year ended 31 December 2025.
How much BlackRock history does each plan include?
Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.
Start with a free key
5,000 free requests every month. No card needed.5,000 free requests a month. No card needed.