Blackstone Inc. (BX)BXBlackstone Inc.

Financials

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	16.04B	4.77B	4.10B	4.36B	2.81B	3.71B	2.94B	2.82B	3.00B
Cost of Goods Sold	1.79B	58.89M	60.28M	1.55B	126.29M	135.82M	118.11M	115.53M	111.34M
Gross Profit	14.25B	4.71B	4.04B	2.81B	2.69B	3.58B	2.83B	2.70B	2.89B
Gross Profit Margin	88.8%	98.8%	98.5%	64.5%	95.5%	96.3%	96.0%	95.9%	96.3%
Total Operating Expenses	5.89B	1.76B	2.45B	447.78M	1.24B	1.66B	1.37B	1.14B	1.08B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	2.21B	1.37B	0.00	447.78M	393.64M	360.82M	344.48M	345.38M	344.42M
Operating Income (EBIT)	8.36B	2.95B	1.59B	2.36B	1.45B	1.92B	1.45B	1.56B	1.81B
Operating Margin	52.1%	61.9%	38.8%	54.2%	51.4%	51.6%	49.3%	55.4%	60.4%
Income Before Tax (EBT)	8.07B	2.81B	1.46B	2.36B	1.45B	1.92B	1.45B	1.56B	1.81B
Interest Income	460.45M	134.22M	107.94M	110.75M	107.54M	100.39M	97.42M	98.55M	109.77M
Interest Expense	536.45M	145.02M	137.05M	128.09M	126.29M	135.82M	118.11M	115.53M	111.34M
Other Income/Expense	-288.72M	-145.02M	-137.05M	-6.64M	0.00	0.00	0.00	0.00	0.00
Net Income	3.52B	1.23B	649.73M	1.02B	624.92M	764.24M	614.85M	703.87M	780.84M
Income Tax Expense	1.24B	452.39M	197.15M	382.05M	209.66M	289.49M	243.83M	232.45M	245.30M
Net Profit Margin	21.9%	25.8%	15.8%	23.3%	22.2%	20.6%	20.9%	25.0%	26.0%
EBITDA	8.43B	2.98B	1.62B	2.37B	1.46B	1.92B	1.46B	1.57B	1.82B
EBITDA Margin	52.5%	62.5%	39.4%	54.4%	51.8%	51.8%	49.6%	55.7%	60.7%
Depreciation & Amortization	69.86M	25.77M	26.14M	8.97M	8.97M	8.97M	8.97M	9.02M	8.98M
EPS Basic	4.50	1.57	0.83	1.30	0.80	0.98	0.80	0.92	1.02
EPS Diluted	4.50	1.57	0.83	1.30	0.80	0.98	0.80	0.92	1.02
Shares Outstanding	783.36M	783.36M	783.36M	780.92M	782.39M	782.39M	771.80M	768.69M	768.23M
Diluted Shares Outstanding	783.63M	783.63M	783.63M	780.92M	782.40M	782.40M	772.43M	768.77M	768.28M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	13.83B	11.37B	7.44B	7.45B	16.85B	5.40B	6.37B	5.96B
Cost of Goods Sold	1.93B	443.69M	431.87M	317.23M	198.27M	166.16M	199.65M	163.99M
Gross Profit	11.90B	10.93B	7.01B	7.13B	16.65B	5.23B	6.17B	5.80B
Gross Profit Margin	86.0%	96.1%	94.2%	95.7%	98.8%	96.9%	96.9%	97.2%
Total Operating Expenses	4.72B	4.47B	4.05B	3.67B	3.09B	2.62B	2.36B	2.28B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	1.55B	1.38B	1.24B	1.12B	928.22M	724.65M	697.15M	673.36M
Operating Income (EBIT)	7.18B	6.46B	2.96B	3.46B	13.56B	2.62B	3.82B	3.51B
Operating Margin	51.9%	56.8%	39.8%	46.5%	80.5%	48.5%	59.9%	58.9%
Income Before Tax (EBT)	7.17B	6.46B	2.96B	3.46B	13.56B	2.62B	3.82B	3.51B
Interest Income	416.09M	411.16M	516.50M	271.61M	160.64M	125.23M	182.40M	171.95M
Interest Expense	508.31M	443.69M	431.87M	317.23M	198.27M	166.16M	199.65M	163.99M
Other Income/Expense	-6.64M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	3.02B	2.78B	1.39B	1.75B	5.86B	1.05B	2.05B	1.54B
Income Tax Expense	1.13B	1.02B	513.46M	472.88M	1.18B	356.01M	-47.95M	249.39M
Net Profit Margin	21.8%	24.4%	18.7%	23.5%	34.8%	19.4%	32.2%	25.9%
EBITDA	7.21B	6.50B	3.00B	3.53B	13.63B	2.69B	3.89B	3.57B
EBITDA Margin	52.2%	57.1%	40.3%	47.4%	80.9%	49.8%	61.0%	59.9%
Depreciation & Amortization	35.90M	35.97M	40.08M	67.10M	74.87M	71.05M	71.00M	59.02M
EPS Basic	3.88	3.62	1.84	2.36	8.14	1.50	3.03	2.27
EPS Diluted	3.88	3.62	1.84	2.36	8.13	1.50	3.03	2.26
Shares Outstanding	780.92M	766.49M	755.20M	740.66M	719.77M	696.93M	675.90M	603.48M
Diluted Shares Outstanding	780.92M	766.65M	755.42M	740.94M	720.13M	697.26M	676.17M	603.48M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Blackstone Inc.

Blackstone Inc. operates as a prominent alternative asset manager, specializing in a broad spectrum of investment strategies. Its expertise encompasses real estate, private equity, credit solutions, comprehensive hedge fund offerings, public debt and equity, multi-asset class approaches, and secondary funds of funds. While often backing nascent businesses, the firm also extends its services to capital markets. Its real estate division targets diverse opportunities: high-potential opportunistic ventures, core-plus assets, and stable, income-generating commercial properties. Additionally, it engages in debt investments secured by commercial real estate. These activities span North America, Europe, and Asia. Blackstone's global private equity arm executes varied transactions, including substantial buyouts, mid-market acquisitions, special situations, and distressed mortgage loans. They also manage "buy and build" platforms, which involve consolidating multiple acquisitions under a single management team, alongside growth equity and development projects, often taking significant majority stakes or minority positions in operating companies. The scope of its investments covers sectors like shipping, real estate, corporate and consumer debt, and greenfield alternative energy projects in energy, power, and property development. The firm actively seeks opportunities in dislocated markets, shipping, financial institution breakups, reinsurance, and initiatives aimed at improving freight mobility. Key industry focuses further include financial services, healthcare, life sciences, enterprise technology, and consumer goods, including consumer tech. Beyond these, it actively explores investment prospects across Asia and Latin America, typically maintaining a three-year investment period for its ventures. The hedge fund business provides a broad range of commingled and customized fund solutions. Concurrently, its credit division concentrates on loans and securities issued by non-investment grade entities. These span the entire capital structure, encompassing senior debt, subordinated debt, preferred stock, and common equity. Established in 1985, Blackstone Inc. is headquartered in New York City, with a significant global presence through additional offices throughout Asia, Europe, and North America.

New York City, NY

5,285 employees

www.blackstone.com

Financial Services / Asset Management

Sector: Financial Services
Industry: Asset Management
CEO: Stephen Allen Schwarzman

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