Blackstone Inc. (BX) — Financial statements
Income statement, balance sheet, and cash flow for Blackstone Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 13,829↑21.6% | 11,374↑52.9% | 7,439↓0.2% | 7,450↓55.8% | 16,851 | |
| Cost of Revenue | 1,929↑334.8% | 444↑2.7% | 432↑36.1% | 317↑60.0% | 198 | |
| Gross Profit | 11,900↑8.9% | 10,931↑56.0% | 7,007↓1.8% | 7,133↓57.2% | 16,652 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 1,547↑12.0% | 1,382↑11.8% | 1,236↑10.1% | 1,123↑21.0% | 928 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,547↑12.0% | 1,382↑11.8% | 1,236↑10.1% | 1,123↑21.0% | 928 | |
| Other Expenses | 3,175↑2.8% | 3,089↑9.8% | 2,813↑10.4% | 2,547↑17.7% | 2,165 | |
| Operating Expenses | 4,721↑5.6% | 4,471↑10.4% | 4,049↑10.3% | 3,671↑18.7% | 3,093 | |
| Total Costs & Expenses | 6,651↑35.3% | 4,915↑9.7% | 4,481↑12.4% | 3,988↑21.2% | 3,291 | |
| Operating Results | ||||||
| Operating Income | 7,178↑11.1% | 6,459↑118.4% | 2,958↓14.6% | 3,462↓74.5% | 13,559 | |
| Depreciation & Amortization | 36↓0.2% | 36↓10.3% | 40↓40.3% | 67↓10.4% | 75 | |
| EBITDA | 7,214↑11.1% | 6,495↑116.7% | 2,998↓15.0% | 3,529↓74.1% | 13,634 | |
| EBIT | 7,178↑11.1% | 6,459↑118.4% | 2,958↓14.6% | 3,462↓74.5% | 13,559 | |
| Interest & Other Income | ||||||
| Net Interest Income | -92↓183.5% | -33↓138.4% | 85↑285.5% | -46↓21.2% | -38 | |
| Interest Income | 416↑1.2% | 411↓20.4% | 516↑90.2% | 272↑69.1% | 161 | |
| Interest Expense | 508↑14.6% | 444↑2.7% | 432↑36.1% | 317↑60.0% | 198 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -7 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 7,172↑11.0% | 6,459↑118.4% | 2,958↓14.6% | 3,462↓74.5% | 13,559 | |
| Income Tax Expense | 1,125↑10.1% | 1,022↑99.0% | 513↑8.6% | 473↓60.1% | 1,184 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 6,047↑11.2% | 5,438↑122.5% | 2,444↓18.2% | 2,989↓75.8% | 12,375 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 3,019↑8.7% | 2,777↑99.6% | 1,391↓20.4% | 1,748↓70.2% | 5,857 | |
| Bottom-Line Net Income | 3,019↑8.7% | 2,777↑99.6% | 1,391↓20.4% | 1,748↓70.2% | 5,857 | |
| EPS (Basic) | 3.88↑7.2% | 3.62↑96.7% | 1.84↓22.0% | 2.36↓71.0% | 8.14 | |
| EPS (Diluted) | 3.88↑7.2% | 3.62↑96.7% | 1.84↓22.0% | 2.36↓71.0% | 8.13 | |
| Weighted Average Shares | 781↑1.9% | 766↑1.5% | 755↑2.0% | 741↑2.9% | 720 | |
| Weighted Average Diluted Shares | 781↑1.9% | 767↑1.5% | 755↑2.0% | 741↑2.9% | 720 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.