Source: Blackstone Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$5.15B
$7.15B
$6.83B
$7.34B
$6.10B
$22.58B
$8.52B
$8.02B
$13.23B
$14.45B
Interest expense
$152.65M
$197.49M
$163.99M
$199.65M
$166.16M
$198.27M
$317.23M
$431.87M
$443.69M
$508.31M
Pre-tax income
$2.38B
$4.12B
$3.51B
$3.82B
$2.62B
$13.56B
$3.46B
$2.96B
$6.46B
$7.17B
Income tax
$132.36M
$743.15M
$249.39M
-$47.95M
$356.01M
$1.18B
$472.88M
$513.46M
$1.02B
$1.13B
Net income
$1.04B
$1.47B
$1.54B
$2.05B
$1.05B
$5.86B
$1.75B
$1.39B
$2.78B
$3.02B
EPS (basic)
$1.60
$2.21
$2.27
$3.03
$1.50
$8.14
$2.36
$1.84
$3.62
$3.87
EPS (diluted)
$1.56
$2.21
$2.26
$3.03
$1.50
$8.13
$2.36
$1.84
$3.62
$3.87
Diluted shares
1.20B
666.25M
1.21B
676.17M
697.26M
720.13M
740.94M
755.42M
766.65M
780.22M
Net margin
20.2%
20.6%
22.6%
27.9%
17.1%
25.9%
20.5%
17.3%
21.0%
20.9%
Balance sheet
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$1.84B
$1.99B
$2.21B
$2.17B
$2.00B
$2.12B
$4.25B
$2.96B
$1.97B
$2.63B
Goodwill
$1.72B
$1.78B
$1.87B
$1.87B
$1.90B
$1.89B
$1.89B
$1.89B
$1.89B
$1.89B
Total assets
$26.40B
$34.42B
$28.92B
$32.59B
$26.27B
$41.20B
$42.52B
$40.29B
$43.47B
$47.71B
Long-term debt
$8.94B
$15.17B
$10.40B
$11.54B
$5.73B
$7.86B
$12.49B
$11.61B
$11.46B
$12.58B
Total debt
$8.94B
$15.17B
$10.40B
$11.54B
$5.73B
$7.86B
$12.49B
$11.61B
$11.46B
$12.58B
Total liabilities
$13.89B
$20.69B
$15.17B
$17.48B
$11.68B
$19.49B
$22.84B
$22.21B
$23.97B
$25.83B
Shareholders' equity
—
—
$6.38B
$7.01B
$6.65B
$9.42B
$7.66B
$6.82B
$8.21B
$8.67B
Cash flow
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
-$88.59M
-$1.63B
$45.74M
$1.96B
$1.94B
$3.99B
$6.34B
$4.06B
$3.48B
$4.66B
Capital expenditures
$21.83M
$24.35M
$18.38M
$60.28M
$111.65M
$64.32M
$235.50M
$224.23M
$61.41M
$115.70M
Free cash flow
-$110.42M
-$1.65B
$27.36M
$1.90B
$1.82B
$3.92B
$6.10B
$3.83B
$3.42B
$4.55B
Investing cash flow
-$21.83M
-$193.26M
-$116.60M
-$60.28M
-$166.82M
-$64.32M
-$235.50M
-$229.65M
-$61.41M
-$115.70M
Financing cash flow
$570.17M
$2.77B
-$1.33B
-$1.92B
-$2.24B
-$3.78B
-$3.79B
-$5.05B
-$4.50B
-$3.88B
Dividends paid
—
$2.84B
$3.05B
$2.40B
$2.39B
$4.60B
$6.52B
$4.27B
$4.42B
$6.01B
Stock-based compensation
$323.65M
$338.69M
$366.93M
$417.09M
$438.34M
$637.44M
$846.35M
$987.55M
$1.17B
$1.45B
Depreciation & amortization
$32.00M
$25.20M
$23.90M
$26.30M
$35.10M
$52.20M
$69.20M
$94.10M
$98.80M
$98.00M
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$1.29B
$3.69B
$2.80B
$3.66B
$3.08B
$3.29B
$3.71B
$3.09B
$4.36B
$3.62B
$5.04B
$3.06B
Interest expense
$108.73M
$108.20M
$108.62M
$111.34M
$115.53M
$118.11M
$135.82M
$126.29M
$128.09M
$137.05M
$145.02M
$132.94M
Pre-tax income
$155.08M
$1.88B
$1.21B
$1.81B
$1.56B
$1.45B
$1.92B
$1.45B
$2.36B
$1.46B
$2.81B
$1.53B
Income tax
$45.96M
$283.67M
$260.25M
$245.30M
$232.45M
$243.83M
$289.49M
$209.66M
$382.05M
$197.15M
$452.39M
$258.56M
Net income
$151.80M
$847.39M
$444.41M
$780.84M
$703.87M
$614.85M
$764.24M
$624.92M
$1.02B
$649.73M
$1.23B
$662.37M
EPS (basic)
$0.20
$1.12
$0.58
$1.02
$0.91
$0.80
$0.98
$0.80
$1.30
$0.83
$1.54
$0.83
EPS (diluted)
$0.20
$1.11
$0.58
$1.02
$0.91
$0.80
$0.98
$0.80
$1.30
$0.83
$1.54
$0.83
Diluted shares
963.61K
760.26M
769.23M
768.28M
713.18K
772.43M
782.40M
782.68M
1.00M
786.30M
799.90M
799.98M
Net margin
11.8%
23.0%
15.9%
21.3%
22.8%
18.7%
20.6%
20.2%
23.3%
18.0%
24.4%
21.6%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$2.96B
$2.50B
$2.38B
$2.35B
$1.97B
$2.39B
$2.24B
$2.43B
$2.63B
$2.45B
$2.51B
$3.04B
Goodwill
$1.89B
$1.89B
$1.89B
$1.89B
$1.89B
$1.89B
$1.89B
$1.89B
$1.89B
$1.89B
$1.89B
$1.89B
Total assets
$40.29B
$39.71B
$40.59B
$42.58B
$43.47B
$45.26B
$45.37B
$46.55B
$47.71B
$48.33B
$49.89B
$49.64B
Long-term debt
$11.61B
$10.88B
$10.82B
$10.89B
$11.46B
$12.58B
$12.14B
$12.13B
$12.58B
$13.41B
$13.32B
$13.52B
Total debt
$11.61B
$10.88B
$10.82B
$10.89B
$11.46B
$12.58B
$12.14B
$12.13B
$12.58B
$13.41B
$13.32B
$13.52B
Total liabilities
$22.21B
$21.23B
$21.91B
$23.11B
$23.97B
$25.39B
$24.29B
$25.19B
$25.83B
$26.91B
$27.46B
$28.62B
Shareholders' equity
$6.82B
$6.96B
$6.83B
$7.01B
$8.21B
$7.98B
$8.35B
$8.39B
$8.67B
$8.37B
$9.01B
$8.84B
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$895.69M
$939.85M
$1.16B
$1.22B
$161.41M
$1.11B
$888.50M
$1.60B
$1.07B
$991.05M
$1.94B
$1.96B
Capital expenditures
$31.33M
$17.76M
$12.38M
$19.39M
$11.89M
$29.28M
$40.15M
$23.93M
$22.35M
$33.41M
$31.96M
$45.97M
Free cash flow
$864.36M
$922.09M
$1.15B
$1.20B
$149.52M
$1.08B
$848.36M
$1.57B
$1.05B
$957.64M
$1.91B
$1.92B
Investing cash flow
-$31.33M
-$17.76M
-$12.38M
-$19.39M
-$11.89M
-$29.28M
-$40.15M
-$23.93M
-$22.35M
-$33.41M
-$31.96M
-$45.97M
Financing cash flow
-$712.27M
-$1.52B
-$1.22B
-$1.28B
-$489.94M
$139.24M
-$1.71B
-$1.29B
-$1.02B
-$1.09B
-$1.84B
-$1.43B
Dividends paid
$1.04B
$1.18B
$1.09B
$1.07B
$1.09B
$1.86B
$1.22B
$1.34B
$1.60B
$1.92B
$1.53B
$1.68B
Stock-based compensation
$189.79M
$320.65M
$301.00M
$264.20M
$282.57M
$471.09M
$312.40M
$303.30M
$358.59M
$560.86M
$354.60M
$330.40M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.