Blackstone Inc. (BX) — financial distillation
Annual history (10-K)
Quarterly history (10-Q)
Two headline lines are shown to start. Click any item in a legend to add or remove it — every figure on the chart is one the table below also carries, for the period it names.
In brief, from the full filed history
- Revenue held roughly flat from $-349.4M (period ending 2008-12-31) to $14.45B (period ending 2025-12-31) — a NaN% annual pace across 17 year(s) of filed history.
- Net margin turned from a loss (-11.9%) to a 20.9% margin over that same span.
- Across 52 tracked quarters, the strongest was $6.22B (quarter ending 2021-09-30) and the weakest was $-3.08B (quarter ending 2020-03-31).
Annual — most recent 10-K
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $14.45B | 2025-12-31 | 10-K | 0001193125-26-082531 |
| Net income | $3.02B | 2025-12-31 | 10-K | 0001193125-26-082531 |
| Diluted EPS | $3.87 | 2025-12-31 | 10-K | 0001193125-26-082531 |
| Total assets | $47.71B | 2025-12-31 | 10-K | 0001193125-26-082531 |
| Total liabilities | $25.83B | 2025-12-31 | 10-K | 0001193125-26-082531 |
| Cash & equivalents | $2.63B | 2025-12-31 | 10-K | 0001193125-26-082531 |
| Operating cash flow | $4.66B | 2025-12-31 | 10-K | 0001193125-26-082531 |
Quarterly — most recent 10-Q
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $5.04B | 2026-06-30 | 10-Q | 0001193125-26-340208 |
| Net income | $1.23B | 2026-06-30 | 10-Q | 0001193125-26-340208 |
| Diluted EPS | $1.54 | 2026-06-30 | 10-Q | 0001193125-26-340208 |
| Total assets | $49.89B | 2026-06-30 | 10-Q | 0001193125-26-340208 |
| Total liabilities | $27.46B | 2026-06-30 | 10-Q | 0001193125-26-340208 |
| Cash & equivalents | $2.51B | 2026-06-30 | 10-Q | 0001193125-26-340208 |
| Operating cash flow | $991.0M | 2026-03-31 | 10-Q | 0001193125-26-214609 |
Reading
The figures above are taken directly from filings with the U.S. Securities and Exchange Commission. The reading below was generated by a local language model from only those figures; it introduces no numbers of its own. It is not investment advice.
Blackstone Inc. (BX) operates on a substantial scale, with total assets amounting to $47.71 billion as of the end of 2025 and escalating to $49.89 billion by mid-2026. The company’s revenue has grown from negative $349.4 million in 2008 to $14.45 billion in 2025, reflecting a period of significant expansion despite initial losses. Notably, the multi-year trajectory reveals that revenue growth has been relatively flat at approximately NaN% annually over the past 17 years, as per pre-computed trend facts.
The company’s net income has transitioned from substantial losses in its early years to a robust $3.02 billion in 2025, indicating a marked improvement in profitability. This transformation is underscored by the shift in net margin from a loss of -11.9% to a healthy 20.9%. Observers should monitor whether this positive trend continues, especially as the company navigates potential market fluctuations or regulatory changes that could impact its financial performance.
In upcoming filings, it will be crucial to assess how Blackstone manages its liabilities, which have increased from $25.83 billion in 2025 to $27.46 billion by mid-2026, and whether the company can sustain its current operating cash flow of $4.66 billion for 2025 and the recent quarterly figure of $991.0 million for Q1 2026. Additionally, given the volatility seen in quarterly net income ranging from a peak of $6.22 billion to a low of -$3.08 billion, future reports will need to clarify the drivers behind these fluctuations and provide assurance regarding consistent earnings.
Source: SEC EDGAR company facts for CIK 0001393818 · filings index