BLK · XBRL financial data
BlackRock financial statements, every fiscal year
The same tables from 2 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (BLK's year ends in late December)
| In millions of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Revenue | 12,794 | — |
| Revenue from contracts with customers | 20,407 | 24,216 |
| General and administrative | 2,221 | 2,731 |
| Total operating expenses | 12,833 | 17,171 |
| Operating income (loss) | 7,574 | 7,045 |
| Interest expense | 538 | 614 |
| Income tax expense (benefit) | 1,783 | 1,677 |
| Net income (loss) | 6,369 | 5,553 |
| Earnings per share, basic USD per share | 42.45 | 35.83 |
| Earnings per share, diluted USD per share | 42.01 | 35.31 |
| Weighted average shares, basic millions of shares | 150 | 155 |
| Weighted average shares, diluted millions of shares | 152 | 161 |
Balance sheet
CSVFiscal years (BLK's year ends in late December)
| In millions of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Cash and cash equivalents | 12,762 | 11,468 |
| Property and equipment, net | 1,103 | 1,256 |
| Right-of-use asset | 1,519 | 1,874 |
| Goodwill | 25,949 | 35,283 |
| Total assets | 138,615 | 169,998 |
| Total liabilities | 89,260 | 108,456 |
| Total stockholders' equity | 47,495 | 55,888 |
| Total liabilities and equity | 138,615 | 169,998 |
| Common shares outstanding (cover page) millions of shares | 155 | 155 |
Cash flows
CSVFiscal years (BLK's year ends in late December)
| In millions of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Net income (loss) | 6,369 | 5,553 |
| Stock-based compensation | 753 | 1,307 |
| Net cash from operating activities | 4,956 | 3,927 |
| Purchases of property and equipment | 255 | 375 |
| Net cash from investing activities | (3,004) | (4,418) |
| Share repurchases | 1,930 | — |
| Dividends paid | 3,101 | — |
| Proceeds from long-term debt | 5,474 | 1,080 |
| Repayments of long-term debt | 1,000 | 796 |
| Net cash from financing activities | 2,236 | (1,127) |
| Net change in cash | 4,026 | (1,289) |
Compare with peers
SIC 6211 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6211 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| BlackRock | 12,877 | 7,752 | 2,706* | not reported | 10-QSep 30, 2026 |
| Schwab Charles | 40,580 | 7,072 | 4,300* | 1.7B | 10-QJun 30, 2026 |
| Goldman Sachs Group | 176,767 | 18,679 | 4,181* | 288.4M | 10-QSep 30, 2026 |
| Morgan Stanley | 160,135 | not reported | (2,747)* | 1.6B | 10-QJun 30, 2026 |
| Robinhood Markets | 5,829 | 1,424 | 1,225* | not reported | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.