BlackRock, Inc. (BLK) — Financial statements
Income statement, balance sheet, and cash flow for BlackRock, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 24,216↑18.7% | 20,407↑14.3% | 17,859↓0.1% | 17,873↓7.7% | 19,374 | |
| Cost of Revenue | 10,771↑4.4% | 10,321↑11.3% | 9,277↑1.0% | 9,189↓3.8% | 9,556 | |
| Gross Profit | 13,445↑33.3% | 10,086↑17.5% | 8,582↓1.2% | 8,684↓11.6% | 9,818 | |
| Operating Expenses | ||||||
| R&D Expenses | 189↓72.0% | 674↑11.0% | 607 | 0.00 | 0.00 | |
| General & Administrative Expenses | 4,415↑127.2% | 1,943↑8.6% | 1,789↓0.6% | 1,799↓8.2% | 1,959 | |
| Selling & Marketing Expenses | 272↓13.4% | 314↑1.6% | 309↑21.2% | 255↑11.8% | 228 | |
| SG&A Expenses | 4,687↑107.7% | 2,257↑7.6% | 2,098↑2.1% | 2,054↓6.1% | 2,187 | |
| Other Expenses | 1,524↑463.7% | -419↓5.3% | -398↓262.4% | 245↑35.4% | 181 | |
| Operating Expenses | 6,400↑154.8% | 2,512↑8.9% | 2,307↑0.3% | 2,299↓2.9% | 2,368 | |
| Total Costs & Expenses | 17,171↑33.8% | 12,833↑10.8% | 11,584↑0.8% | 11,488↓3.3% | 11,886 | |
| Operating Results | ||||||
| Operating Income | 7,045↓7.0% | 7,574↑20.7% | 6,275↓1.7% | 6,385↓14.3% | 7,450 | |
| Depreciation & Amortization | 664↑25.5% | 529↑23.9% | 427↑2.2% | 418↑0.7% | 415 | |
| EBITDA | 8,474↑3.3% | 8,207↑21.2% | 6,773↓1.8% | 6,897↓12.7% | 7,899 | |
| EBIT | 7,810↑1.7% | 7,678↑21.0% | 6,346↓2.1% | 6,479↓13.4% | 7,484 | |
| Interest & Other Income | ||||||
| Net Interest Income | -21↓109.2% | 229↑26.5% | 181↑401.7% | -60↑49.2% | -118 | |
| Interest Income | 685↓10.7% | 767↑62.2% | 473↑211.2% | 152↑74.7% | 87 | |
| Interest Expense | 706↑31.2% | 538↑84.2% | 292↑37.7% | 212↑3.4% | 205 | |
| Non-Operating Income | -765↓635.6% | -104↓46.5% | -71↑24.5% | -94↓176.5% | -34 | |
| Other Income / Expenses | 574↓20.4% | 721↓18.1% | 880↑1026.3% | -95↓113.1% | 723 | |
| Income Before Tax | 7,619↓8.1% | 8,295↑15.9% | 7,155↑13.8% | 6,290↓23.0% | 8,173 | |
| Income Tax Expense | 1,677↓5.9% | 1,783↑20.6% | 1,479↑14.1% | 1,296↓34.1% | 1,968 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 5,942↓8.8% | 6,512↑14.7% | 5,676↑13.7% | 4,994↓19.5% | 6,205 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 5,553↓12.8% | 6,369↑15.8% | 5,502↑6.3% | 5,178↓12.3% | 5,901 | |
| Bottom-Line Net Income | 5,553↓12.8% | 6,369↑15.8% | 5,502↑6.3% | 5,178↓12.3% | 5,901 | |
| EPS (Basic) | 35.84↓15.6% | 42.45↑15.2% | 36.85↑7.4% | 34.31↓11.5% | 38.76 | |
| EPS (Diluted) | 35.42↓15.7% | 42.01↑15.1% | 36.51↑7.5% | 33.97↓11.1% | 38.22 | |
| Weighted Average Shares | 155↑3.4% | 150↑0.5% | 149↓1.1% | 151↓0.9% | 152 | |
| Weighted Average Diluted Shares | 165↑9.1% | 152↑0.6% | 151↓1.1% | 152↓1.3% | 154 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.