NYSE$BLK

BlackRock Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

BlackRock reported Q1 2025 total revenue of $5.28B with net income of $1.51B and diluted EPS of $9.64.

Total revenue was $5.28 billion as base fees and technology services grew. Net income attributable to BlackRock was $1.51 billion, or $9.64 per diluted share.

  • Q1 total revenue $5.28B.
  • Net income $1.51B; diluted EPS $9.64.
  • AUM and net inflows discussed.
  • Aladdin and private markets expansion.

Headline financials

Total Revenue

$5.28B

Previous: $4.9B+7.7%
EPS (adj)

$9.64

Previous: $9.81-1.7%
Capital Expenditures

-$78M

No prior period
Free Cash Flow

$1.43B

No prior period
Net Income

$1.52B

Previous: $1.57B-3.7%
Operating Income

$1.7B

Previous: $1.86B-8.7%
Cash & Equivalents

$7.75B

No prior period
Total Assets

$142B

No prior period

Revenue & EPS history

BlackRock · Revenue · Quarterly

$5.28B

Q1 2025+7.7%vs Q1 2024
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

BlackRock · $4.81B total across 5 segments · Q2 2024

  • Investment Advisory
    $3.88B
  • Tech Services
    $395M
  • Distribution Fees
    $318M
  • Performance Fees
    $164M
  • Advisory & Other
    $53M

Forward guidance

Bank outlook cites net interest income, credit quality, and capital returns.

Tailwinds

  • Fee income and markets activity.
  • Capital ratios and buyback capacity.

Headwinds

  • Deposit costs and credit normalization.
  • Regulatory and macro uncertainty.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.3%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+2.2%

Avg return

30 days after

60%

24 / 40 earnings

Positive

+3.5%

Q3 2022

Best reaction

-5.9%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+3.0%+2.8%+7.8%
Q1 2026+3.0%+2.8%+7.8%
Q3 2025+3.4%+0.5%-7.4%
Q2 2025-5.9%-0.7%+4.4%
Q1 2025+2.3%+0.8%+7.5%
Q4 2024+0.5%+2.6%+1.6%
Q3 2024+0.5%+0.4%+3.7%
Q2 2024+1.2%+3.1%+5.5%
Q1 2024+0.8%+2.8%+0.5%
Q4 2023+0.0%-0.5%+1.4%
Q3 2023-0.7%+1.1%+12.9%
Q2 2023+0.0%-2.5%-0.6%
Q1 2023+2.0%-0.4%+7.9%
Q4 2022-1.2%-1.6%-6.8%
Q3 2022+3.5%+5.6%+12.5%
Q2 2022-0.0%+4.2%-5.5%
Q1 2022-0.8%-5.3%+6.0%
Q4 2021+2.6%+0.9%+1.3%
Q3 2021+0.1%+0.5%-5.7%
Q2 2021+0.8%+3.5%+6.3%
Q1 2021+1.9%-0.8%+4.2%
Q4 2020-2.4%+0.6%+6.3%
Q3 2020+2.5%+1.4%+8.0%
Q2 2020+1.0%+1.4%-3.0%
Q1 2020+0.3%-2.3%+11.9%
Q4 2019-2.7%+4.1%-8.7%
Q3 2019+0.0%-0.9%+1.1%
Q2 2019+1.7%-1.2%-1.5%
Q1 2019-0.3%-4.2%-4.6%
Q4 2018+0.3%-2.1%-3.3%
Q3 2018-1.8%-4.6%-6.7%
Q2 2018-0.1%-2.5%-3.3%
Q1 2018+2.2%+3.8%+5.7%
Q4 2017-0.6%-1.4%-2.0%
Q3 2017-0.2%-1.7%+8.9%
Q2 2017+0.2%-0.9%-3.2%
Q1 2017-0.5%+0.7%+8.6%
Q4 2016-0.9%-0.2%-2.0%
Q3 2016-1.2%+3.8%+9.1%
Q2 2016-0.8%-2.2%-0.3%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro