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Blackstone Inc. reported revenue of $14.45B for fiscal 2025, up 9.2% from fiscal 2024. Net income was $6.05B and free cash flow was $4.55B.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $22.58B | $8.52B | $8.02B | $13.23B | $14.45B |
| Net income | $12.37B | $2.99B | $2.44B | $5.44B | $6.05B |
| Cash from operations | $3.99B | $6.34B | $4.06B | $3.48B | $4.66B |
| Free cash flow | $3.92B | $6.10B | $3.83B | $3.42B | $4.55B |
| Fiscal quarter | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.66B | $3.08B | $3.29B | $3.71B | $3.09B | $4.36B | $3.62B | $5.04B |
| Net income | $1.56B | $1.33B | $1.21B | $1.63B | $1.24B | $1.97B | $1.26B | $2.36B |
| Diluted EPS | $1.02 | $0.92 | $0.80 | $0.98 | $0.80 | $1.29 | $0.83 | $1.54 |
As Blackstone Inc. reports them, quarter by quarter.
| Fiscal quarter | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Fee-Earning AUM | $820.46B | $830.70B | $860.10B | $850.00B | $906.20B | $921.67B | $937.60B | $961.60B |
| Perpetual Capital AUM | $434.70B | $444.80B | $464.40B | $484.60B | $500.60B | $523.60B | $539.70B | $555.60B |
| Private Equity Total AUM | $350.00B | $352.20B | $371.00B | $350.00B | $395.60B | $416.40B | $429.91B | $454.20B |
| Total Assets Under Management | $1.11T | $1.13T | $1.17T | $1.21T | $1.24T | $950.00B | $1.30T | $1.35T |
Figures come from Blackstone Inc.'s SEC filings, by fiscal year and fiscal quarter as the company defines them. A dash means we hold no figure for that period that passed our checks. Some fourth quarters are the full year less the first nine months. Free cash flow is cash from operations less capital expenditures. Data as of 31 October 2026. This is not investment advice.
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