Blackstone Inc. income statement
In fiscal 2025, Blackstone Inc. reported revenue of $14.45bn, up 9.2% on the year before and net income of $3.02bn, or $3.87 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.8 | 3.1 | 3.3 | 4.0 | 6.6 | 7.5 | 4.6 | 5.1 | 7.1 | 6.8 | 7.3 | 6.1 | 22.6 | 8.5 | 8.0 | 13.2 | 14.5 | 16.1 |
| General and administrative | 0.4 | 0.5 | 0.6 | 0.5 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.6 | 0.7 | 0.7 | 0.9 | 1.1 | 1.1 | 1.4 | 1.5 | 1.6 |
| Interest expense | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.4 | 0.4 | 0.5 | 0.5 |
| Income before tax | −2.3 | −0.5 | 0.1 | 1.0 | 3.1 | 4.0 | 1.8 | 2.4 | 4.1 | 3.5 | 3.8 | 2.6 | 13.6 | 3.5 | 3.0 | 6.5 | 7.2 | 8.1 |
| Income tax | 0.1 | 0.1 | 0.3 | 0.2 | 0.3 | 0.3 | 0.2 | 0.1 | 0.7 | 0.2 | −0.0 | 0.4 | 1.2 | 0.5 | 0.5 | 1.0 | 1.1 | 1.2 |
| Net income | −2.4 | −0.4 | −0.2 | 0.2 | 1.2 | 1.6 | 0.7 | 1.0 | 1.5 | 1.5 | 2.0 | 1.0 | 5.9 | 1.7 | 1.4 | 2.8 | 3.0 | 3.5 |
| Diluted EPS | — | −$0.51 | −$0.17 | $0.20 | $0.99 | $1.29 | $1.04 | $1.56 | $2.21 | $2.26 | $3.03 | $1.50 | $8.13 | $2.36 | $1.84 | $3.62 | $3.87 | $4.47 |
| Diluted shares (average) | — | 728m | 951m | 1,077m | 1,181m | 1,226m | 1,188m | 1,195m | 666m | 1,207m | 676m | 697m | 720m | 741m | 755m | 767m | 780m | 788m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,663 | 3,083 | 3,289 | 3,712 | 3,089 | 4,360 | 3,618 | 5,044 |
| General and administrative | 341 | 339 | 332 | 361 | 384 | 448 | 373 | 409 |
| Interest expense | 111 | 116 | 118 | 136 | 126 | 128 | 137 | 145 |
| Income before tax | 1,810 | 1,561 | 1,453 | 1,916 | 1,447 | 2,357 | 1,455 | 2,808 |
| Income tax | 245 | 232 | 244 | 289 | 210 | 382 | 197 | 452 |
| Net income | 781 | 704 | 615 | 764 | 625 | 1,015 | 650 | 1,229 |
| Diluted EPS | $1.02 | $0.91 | $0.80 | $0.98 | $0.80 | $1.30 | $0.83 | $1.54 |
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