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AI brief of an SEC Form 8-K · Blackstone (BX)

Blackstone Q1 net income attributable to Blackstone rises to $847 million

Positive Impact 3 of 5 earnings Written later

Blackstone reported first-quarter 2024 GAAP net income attributable to Blackstone Inc. of $847 million, compared with $85.8 million a year earlier, on total revenues of $3.69 billion versus $1.38 billion. Fee Related Earnings rose 12% to $1.2 billion, and Distributable Earnings were $1.3 billion, up 1%, with a $0.83 quarterly dividend declared. The higher GAAP results were largely driven by performance allocations and principal investment revenue, which can vary widely from quarter to quarter.

Key points

  • GAAP net income attributable to Blackstone Inc. was $847 million, or $1.11 diluted per share, versus $85.8 million, or $0.11 diluted per share, in the first quarter of 2023
  • Fee Related Earnings were $1.2 billion ($0.95 per share), up 12% from the prior-year quarter
  • Distributable Earnings were $1.3 billion ($0.98 per share), up 1%; total AUM reached $1,061.3 billion, up 7%
  • Quarterly dividend of $0.83 per share: record date April 29, 2024, payable May 6, 2024

The filing

CompanyBlackstone (BX)
Form8-K, current report
Filed with the SECApr 18, 2024, 6:58 AM ET
Accession number0001193125-24-099867

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 18, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.