BlackRock (BLK) income statement
NYSE · Financial Services · Asset Management · 24,900 employees · CEO Laurence Douglas Fink
- Price
- $1,147.54 -2.44%
- Market cap
- $178B
- Enterprise value
- $178B
- Last report
- Q3 '26 filed 2026-10-14
- Next report
- 2027-01-21 EPS est. $15.47
BlackRock (BLK) reported revenue of $7.75B for Q3 '26 (+19.1% year on year), operating income of $2.33B (30.0% of revenue) and net income of $1.66B. Over the last four quarters revenue was $28.5B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.63B | $4.73B | $4.81B | $5.2B | $5.68B | $5.28B | $5.42B | $6.51B | $7.01B | $6.7B | $7.08B | $7.75B | |
| Cost of revenue | $2.36B | $2.47B | $2.43B | $2.54B | $2.88B | $2.75B | $2.83B | $3.52B | $3.81B | $3.48B | $1.28B | $1.41B | |
| Gross profit | $2.27B | $2.26B | $2.37B | $2.66B | $2.8B | $2.53B | $2.6B | $2.99B | $3.2B | $3.22B | $5.81B | $6.34B | |
| Research & development | $186M | $160M | $157M | $175M | $182M | $189M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales & marketing | -$257M | $82M | $76M | $64M | $92M | $97M | $93M | $82M | $101M | $101M | $0 | $0 | |
| General & administrative | $13.1B | $452M | $455M | $497M | $539M | $526M | $516M | $610M | $601M | $577M | $720M | $731M | |
| Other operating expenses | -$12.3B | -$127M | -$115M | -$85M | -$92M | $16M | $256M | $253M | $835M | $277M | $2.56B | $3.28B | |
| Operating expenses | $688M | $567M | $573M | $651M | $721M | $828M | $865M | $945M | $1.54B | $955M | $3.28B | $4.01B | |
| Operating income | $1.59B | $1.69B | $1.8B | $2.01B | $2.08B | $1.7B | $1.73B | $2.05B | $1.66B | $2.26B | $2.53B | $2.33B | |
| Interest income | $159M | $141M | $178M | $236M | $212M | $173M | $144M | $317M | $51M | $6M | $0 | $0 | |
| Interest expense | $82M | $92M | $126M | $154M | $166M | $166M | $173M | $383M | $16M | $44M | $25M | $37M | |
| Other non-operating income (gains on investments, FX ...) | -$63M | -$15M | -$14M | -$65M | -$10M | -$135M | -$694M | -$87M | -$86M | -$715M | $67M | -$353M | |
| Total non-operating income | $342M | $220M | $214M | $259M | $28M | $65M | $521M | -$48M | -$54M | $581M | $191M | $316M | |
| Income before tax | $1.93B | $1.91B | $2.01B | $2.27B | $2.1B | $1.76B | $2.25B | $2B | $1.61B | $2.84B | $2.72B | $2.64B | |
| Income tax | $438M | $290M | $477M | $574M | $442M | $248M | $587M | $470M | $372M | $516M | $677M | $724M | |
| Net income | $1.38B | $1.57B | $1.5B | $1.63B | $1.67B | $1.51B | $1.59B | $1.32B | $1.13B | $2.21B | $1.91B | $1.66B | |
| EPS (basic) | $9.25 | $10.58 | $10.07 | $11.02 | $10.78 | $9.74 | $10.29 | $8.54 | $7.27 | $14.24 | $12.34 | $10.72 | |
| EPS (diluted) | $9.15 | $10.48 | $9.99 | $10.90 | $10.64 | $9.64 | $10.19 | $8.43 | $7.16 | $14.06 | $12.19 | $10.57 | |
| Shares (basic, weighted) | 149M | 149M | 148M | 148M | 155M | 155M | 155M | 155M | 155M | 155M | 155M | 155M | |
| Shares (diluted, weighted) | 150M | 150M | 150M | 150M | 157M | 157M | 156M | 157M | 165M | 165M | 165M | 165M | |
| Depreciation & amortization | $111M | $111M | $108M | $110M | $200M | $194M | $217M | $346M | $369M | $380M | $385M | $276M | |
| EBITDA | $1.76B | $1.82B | $1.92B | $2.18B | $2.29B | $2.03B | $2.64B | $2.48B | $2.12B | $3.36B | $2.85B | $2.96B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.3B | $13.6B | $14.2B | $14.5B | $16.2B | $19.4B | $17.9B | $17.9B | $20.4B | $24.2B | |
| Cost of revenue | $6.24B | $6.81B | $6.99B | $7.13B | $7.94B | $9.56B | $9.19B | $9.28B | $10.3B | $12.9B | |
| Gross profit | $6.02B | $6.79B | $7.21B | $7.41B | $8.27B | $9.82B | $8.68B | $8.58B | $10.1B | $11.3B | |
| Research & development | $175M | $0 | $0 | $0 | $0 | $0 | $0 | $607M | $674M | $0 | |
| Sales & marketing | $325M | $132M | $135M | $180M | $187M | $228M | $255M | $309M | $314M | $373M | |
| General & administrative | $955M | $1.31B | $1.44B | $1.53B | $2.26B | $1.96B | $1.8B | $1.79B | $1.94B | $2.25B | |
| Other operating expenses | -$2M | $97M | $175M | $150M | $129M | $181M | $245M | -$398M | -$419M | $1.64B | |
| Operating expenses | $1.45B | $1.54B | $1.75B | $1.86B | $2.57B | $2.37B | $2.3B | $2.31B | $2.51B | $4.27B | |
| Operating income | $4.57B | $5.25B | $5.46B | $5.55B | $5.7B | $7.45B | $6.39B | $6.28B | $7.57B | $7.04B | |
| Interest income | $40M | $49M | $104M | $97M | $62M | $87M | $152M | $473M | $767M | $685M | |
| Interest expense | $205M | $205M | $184M | $203M | $205M | $205M | $212M | $292M | $538M | $706M | |
| Other non-operating income (gains on investments, FX ...) | -$74M | -$8M | -$125M | -$53M | -$23M | -$34M | -$94M | -$71M | -$104M | $60M | |
| Total non-operating income | -$110M | $5M | -$79M | $236M | $829M | $723M | -$95M | $880M | $721M | $576M | |
| Income before tax | $4.46B | $5.26B | $5.38B | $5.79B | $6.52B | $8.17B | $6.29B | $7.16B | $8.3B | $7.62B | |
| Income tax | $1.29B | $270M | $1.08B | $1.26B | $1.24B | $1.97B | $1.3B | $1.48B | $1.78B | $1.68B | |
| Net income | $3.17B | $4.95B | $4.31B | $4.48B | $4.93B | $5.9B | $5.18B | $5.5B | $6.37B | $5.55B | |
| EPS (basic) | $19.19 | $30.42 | $26.75 | $28.69 | $32.13 | $38.76 | $34.31 | $36.85 | $42.45 | $35.83 | |
| EPS (diluted) | $18.94 | $30.00 | $26.48 | $28.43 | $31.85 | $38.22 | $33.97 | $36.51 | $42.01 | $35.31 | |
| Shares (basic, weighted) | 165M | 163M | 161M | 156M | 153M | 152M | 151M | 149M | 150M | 155M | |
| Shares (diluted, weighted) | 167M | 165M | 163M | 157M | 155M | 154M | 152M | 151M | 152M | 161M | |
| Depreciation & amortization | $263M | $240M | $220M | $296M | $358M | $415M | $418M | $427M | $529M | $1.13B | |
| EBITDA | $4.9B | $5.5B | $5.8B | $5.9B | $6.08B | $7.9B | $6.9B | $6.77B | $8.21B | $8.11B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30
Data as of 2026-11-01