BlackRock delivers $7.08 billion Q2 revenue
Share
- BlackRock announced that total assets under management surpassed $15 trillion for the first time in the history of the firm.
- The company generated $7.08 billion in second-quarter revenue, representing a 31% year-over-year increase.
- The asset manager attracted $192 billion in net client cash inflows during the period.
BlackRock (NYSE:BLK) reported second-quarter revenue of $7.08 billion as total assets surpassed $15 trillion for the first time.
This revenue figure represented a 31% year-over-year increase and exceeded the $6.72 billion consensus estimate.
The company generated $192 billion in net client cash inflows during the quarter.
BlackRock reported an earnings per share of $13.91, which topped the Wall Street consensus estimate of $12.57.
The firm stated that the total assets under management reached a new threshold for the business.
The overall asset growth reflected the sustained accumulation of net client cash during the second quarter.
Frequently asked questions
More from United States
AbbVie revenue increases 10.3% to $17.4 billion in third quarter
Sensient Q3 revenue rockets 10.6% to $455.8 million
Cameco Q3 adjusted loss reaches CA$2 million as uranium output falls
Kite Realty Q3 loss narrows to $13.3 million as NOI grows
Largo cuts 2026 vanadium production outlook to 9,500–10,500 tonnes
nVent Q3 sales jump 44% as shares fall despite higher revenue
