BlackRock, Inc.: Beat — EPS $15.93, Revenue $7.75B
Earnings BeatQ3 2026 · Pre-market
@trystockwhiz
Did BlackRock, Inc. (BLK) beat earnings today?
Yes, BlackRock, Inc. (BLK) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+11.40% surprise
$15.93Actual
Expected: $14.30
vs. year ago +25.0%
Total Revenue+4.33% surprise
$7.75BActual
Expected: $7.43B
vs. year ago +19.0%
Released Oct 14 · 6:25 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $7.75B | $6.51B | +19.0 |
| Revenue detail — reported lines | |||
| └─Investment advisory and administration fees | $5.78B | $4.84B | +19.4 |
| └─Securities lending revenue | $253.00M | $203.00M | +24.6 |
| └─Total investment advisory, administration fees and securities lending revenue | $6.04B | $5.05B | +19.6 |
| └─Investment advisory performance fees | $630.00M | $516.00M | +22.1 |
| └─Technology services and subscription revenue | $588.00M | $515.00M | +14.2 |
| └─Distribution fees | $414.00M | $355.00M | +16.6 |
| └─Advisory and other revenue | $84.00M | $77.00M | +9.1 |
| Net Income | $1.66B | $1.32B | +25.0 |
| GAAP Basic EPS | $10.72 | $8.54 | +25.5 |
| GAAP Diluted EPS | $10.57 | $8.43 | +25.0 |
| As Adjusted Diluted EPS | $15.93 | $11.55 | +38.0 |
Business Highlights
- ➤Clients are using BlackRock’s integrated platform across investing, financing, and technology.
- ➤BlackRock cited mandates spanning hyperscaler financings, pension outsourcings, and Aladdin and Preqin partnerships.
- ➤The AI Infrastructure Partnership made its first deployment during the quarter.
- ➤BlackRock highlighted issuer relationships, financing expertise, investment performance, and connected technology and data.
- ➤Technology services momentum reflected sustained demand for Aladdin and multi-product solutions.
- ➤Returned $550M to shareholders through share repurchases during the quarter.
- ➤BlackRock cited a broad pipeline across whole portfolio, private markets, retirement, and international platforms.
Management Commentary
Laurence D. Fink, Chairman and CEO
“BlackRock's results demonstrate the value of our integrated platform, as clients increasingly choose us as a partner across investing, financing, and technology. That client trust is translating into higher earnings power, with shareholders benefiting from a more than 35% increase in adjusted earnings per share year-over-year, a 47.8% adjusted operating margin, and 11% annualized organic base fee growth in the third quarter.”
Laurence D. Fink, Chairman and CEO
“BlackRock brings together issuer relationships built over decades, financing expertise, investment performance, and the technology and data that connect it all. That combination is differentiating us in every region in which we operate. It’s why BlackRock is winning mandates at the cutting edge of capital markets, from hyperscaler financings to pension outsourcings to Aladdin and Preqin partnerships.”
Laurence D. Fink, Chairman and CEO
“Clients entrusted us with $205 billion of net inflows this quarter, and $869 billion over the last year. Our results reflect the scale of BlackRock, with 12% technology ACV growth and net inflows across every asset class, client type, region, and across active and index. Our track record of strong investment performance drove $66 billion of active net inflows, led by our fixed income and systematic franchises. iShares generated $135 billion of net inflows, diversified across categories and global product lines.”
Laurence D. Fink, Chairman and CEO
“BlackRock’s ability to originate and structure at scale is leading to premier financing relationships and sourcing opportunities for our clients. We’ve raised $68 billion in private markets over the last twelve months, and our AI Infrastructure Partnership made its first deployment this quarter.”
Laurence D. Fink, Chairman and CEO
“BlackRock is in a differentiated position as both a trusted advisor and destination for global client capital. That position is powering organic growth and value for our shareholders. We’re entering our seasonally strongest fourth quarter with accelerating momentum, and a broad pipeline spanning whole portfolio, private markets, retirement, and our international platforms. Demand for capital is growing across the global economy, and BlackRock is increasingly at the center of how that capital is deployed and managed. I’m confident in the opportunities that creates for our clients and in the long-term value we can generate for our shareholders.”