NYSE$BLK
BlackRock Inc · Q3 2025 earnings
Q3 2025 earnings · · Before market open · Investor relations
Briefing
BlackRock reported Q3 2025 total revenue of $6.5B with net income attributable to the company of $1.32B and diluted EPS of $8.43.
Total revenue was $6.5 billion for the quarter ended September 30, 2025, with net income attributable to BlackRock of $1.32 billion and diluted EPS of $8.43. Base fees and technology services revenue grew as AUM reached new highs.
- Q3 total revenue $6.5B; net income attributable to BlackRock $1.32B.
- Diluted EPS $8.43; long-term net inflows support base fee growth.
- Technology services and alternatives expand recurring revenue mix.
- Capital returns include dividends and share repurchases.
Headline financials
Revenue & EPS history
BlackRock · Revenue · Quarterly
$6.51B
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 release discusses BlackRock's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.
Tailwinds
- BlackRock cites demand and execution supporting the near-term outlook.
- Liquidity and balance-sheet capacity support operations and shareholder returns.
Headwinds
- Macro, input costs, and FX may pressure margins quarter to quarter.
- Segment mix and one-time items can affect comparability versus prior periods.
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 Q3 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% | |
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| Q4 2010 | — | — | — | |
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| Q1 2010 | — | — | — |
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