NYSE$BLK
BlackRock Inc · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
BlackRock reported Q2 2025 revenue of $5.42B with net income of $1.59B and diluted EPS of $10.19.
Total revenue increased to $5.42 billion on higher base fees and markets-driven performance fees. Net income attributable to BlackRock was $1.59 billion; diluted EPS was $10.19. AUM growth, ETF flows, and technology services remain key earnings drivers.
- Q2 revenue $5.42B.
- Net income $1.59B; diluted EPS $10.19.
- Investment advisory and technology fees anchor results.
- Markets and FX affect performance fee volatility.
Headline financials
Revenue & EPS history
BlackRock · Revenue · Quarterly
$5.42B
Revenue by segment
BlackRock · $4.81B total across 5 segments · Q2 2024
- Investment Advisory$3.88B—80.6%
- Tech Services$395M—8.2%
- Distribution Fees$318M—6.6%
- Performance Fees$164M—3.4%
- Advisory & Other$53M—1.1%
Forward guidance
The quarterly filing discusses operating priorities, liquidity, and sector risks.
Tailwinds
- MD&A outlines strategic priorities and capital allocation.
- Segment commentary supports the earnings narrative.
Headwinds
- Macro, rates, or input costs may pressure margins.
- One-time items can affect year-over-year comparability.
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 Q2 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
| Quarter | Report date | Reaction (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