Q2 2026 Earnings

Reported July 15, 2026

Quarter Comparison

Revenue

Operating Income

Net Margin

Free Cash Flow

Income Statement

Cash Flow Statement

Balance Sheet

Operating metrics disclosed this quarter

Read from the filing itself — XBRL does not carry these, so no standard financial dataset has them.

Active AUM
$3665.41B
AUM and Net Inflows (Outflows) by Investment Style and Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Active $ 3,665,405 $ 3,410,923 $ 3,432,743 $ 3,051,873 $ 53,313 $ 82,934 $ 207,305
Alternatives AUM
$449.39B
ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Alternatives subtotal 449,395 429,070 423,614 301,914 22,027 36,656 68,566
Average AUM
$14854.00B
Component Changes in AUM for the Three Months Ended June 30, 2026 The following table presents the component changes in AUM by product type for the three months ended June 30, 2026. March 31, Net inflows Market FX June 30, Average (in millions) 2026 (outflows) Realizations (1) change impact (2) 2026 AUM (3) Total $ 13,894,600 $ 191,700 $ (7,194 ) $ 1,283,638 $ (18,120 ) $ 15,344,624 $ 14,853,996 (1) Realizations represent return of capital/return on investments. (2) Foreign exchange reflects the impact of translating non-US dollar denominated AUM into United States ("US") dollars for reporting purposes. (3) Average AUM is calculated as the average of the month-end spot AUM amounts for the trailing four months.
Cash Management AUM
$1068.85B
ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Cash management 1,068,847 1,073,323 1,080,732 969,701 (7,434 ) (13,611 ) 94,398

Earnings Release

EX-99.1 2 blk-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 INVESTOR RELATIONS: Caroline Rodda 212.810.3442 MEDIA RELATIONS: Patrick Scanlan 212.810.3622 BlackRock Reports Second Quarter 2026 Diluted EPS of $12.19, or $13.91 as adjusted New York, July 15, 2026 – BlackRock, Inc.

EX-99.1 2 blk-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 INVESTOR RELATIONS: Caroline Rodda 212.810.3442 MEDIA RELATIONS: Patrick Scanlan 212.810.3622 BlackRock Reports Second Quarter 2026 Diluted EPS of $12.19, or $13.91 as adjusted New York, July 15, 2026 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three and six months ended June 30, 2026. $15.3 trillion in AUM following $868 billion of net inflows over the last twelve months, reflecting 10% organic base fee growth Record first half net inflows of $321 billion including $192 billion in the second quarter, broad-based across the platform and driven by ETFs, private markets, active fixed income and systematic equity strategies 31% increase in revenue year-over-year reflects the positive impact of markets, organic base fee growth, fees related to the HPS Transaction, higher performance fees, and higher technology s...

Source

Exhibit EX-99.1

0001193125-26-304013

Filed July 15, 2026 at 10:33 AM UTC. The figures above are from the audited statements, not from this release.

Currency and Commodities AUM

$151.85B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Currency and commodities (1) 151,849 176,676 169,216 106,980 (254 ) (3,898 ) 11,443

Digital Assets AUM

$48.84B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Digital assets 48,839 60,671 78,435 79,551 (3,116 ) (2,182 ) 15,088

ETF AUM

$6246.07B

AUM and Net Inflows (Outflows) by Client Type and Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 ETFs 6,246,070 5,485,544 5,467,710 4,748,768 177,934 309,626 644,067

Equity AUM

$8888.23B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Equity $ 8,888,234 $ 7,661,385 $ 7,793,875 $ 6,905,438 $ 71,597 $ 143,440 $ 315,471

Fixed Income AUM

$3390.16B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Fixed income 3,390,161 3,270,863 3,272,021 3,087,297 92,096 126,410 257,735

Infrastructure AUM

$113.49B

The following table presents the component changes in AUM by private markets product type for the three months ended June 30, 2026. March 31, Net inflows Market FX June 30, Average (in millions) 2026 (outflows) Realizations (1) change impact (2) 2026 AUM (3) Private markets: Infrastructure $ 111,867 $ 5,233 $ (3,006 ) $ (648 ) $ 42 $ 113,488 $ 112,172

Institutional Active AUM

$2687.17B

AUM and Net Inflows (Outflows) by Client Type and Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Institutional: Active 2,687,174 2,509,266 2,518,170 2,277,877 43,792 67,508 105,898

Institutional Index AUM

$3946.28B

AUM and Net Inflows (Outflows) by Client Type and Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Index 3,946,276 3,564,093 3,696,174 3,430,247 (41,454 ) (76,192 ) (102,163 )

Liquid Alternatives AUM

$120.31B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Liquid alternatives 120,312 108,639 100,990 86,670 6,595 12,147 18,187

Long-Term AUM

$14275.78B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Long-term 14,275,777 12,821,277 12,960,786 11,557,889 199,134 335,036 773,380

Multi-Alternatives AUM

$10.44B

The following table presents the component changes in AUM by private markets product type for the three months ended June 30, 2026. March 31, Net inflows Market FX June 30, Average (in millions) 2026 (outflows) Realizations (1) change impact (2) 2026 AUM (3) Multi-alternatives 9,634 1,281 (468 ) (5 ) 2 10,444 9,921

Multi-Asset AUM

$1347.30B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Multi-asset 1,347,299 1,222,612 1,223,625 1,076,709 16,784 34,610 105,077

Non-ETF Index AUM

$4364.30B

AUM and Net Inflows (Outflows) by Investment Style and Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Non-ETF index 4,364,302 3,924,810 4,060,333 3,757,248 (32,113 ) (57,524 ) (77,992 )

Private Credit AUM

$150.94B

The following table presents the component changes in AUM by private markets product type for the three months ended June 30, 2026. March 31, Net inflows Market FX June 30, Average (in millions) 2026 (outflows) Realizations (1) change impact (2) 2026 AUM (3) Private credit 147,045 6,004 (1,833 ) (184 ) (95 ) 150,937 148,997

Private Equity AUM

$32.26B

Private Markets AUM

$329.08B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Alternatives: Private markets 329,083 320,431 322,624 215,244 15,432 24,509 50,379

Real Estate AUM

$21.95B

The following table presents the component changes in AUM by private markets product type for the three months ended June 30, 2026. March 31, Net inflows Market FX June 30, Average (in millions) 2026 (outflows) Realizations (1) change impact (2) 2026 AUM (3) Real estate 21,654 237 (133 ) 221 (26 ) 21,953 21,943

Retail AUM

$1396.26B

AUM and Net Inflows (Outflows) by Client Type and Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Retail $ 1,396,257 $ 1,262,374 $ 1,278,732 $ 1,100,997 $ 18,862 $ 34,094 $ 125,578

Total Assets Under Management

$15344.62B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Total $ 15,344,624 $ 13,894,600 $ 14,041,518 $ 12,527,590 $ 191,700 $ 321,425 $ 867,778

Total Institutional AUM

$6633.45B

AUM and Net Inflows (Outflows) by Client Type and Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Institutional subtotal 6,633,450 6,073,359 6,214,344 5,708,124 2,338 (8,684 ) 3,735

Technology Services and Subscription Remaining Performance Obligations

$625.0M

Investment Advisory and Administration Fees and Technology Services and Subscription Revenue – Remaining Performance Obligation The tables below present estimated investment advisory and administration fees and technology services and subscription revenue expected to be recognized in the future related to the unsatisfied portion of performance obligations at June 30, 2026 and 2025: June 30, 2026 Remainder of (in millions) 2026 2027 2028 2029 Thereafter Total Investment advisory and administration fees: Alternatives (1)(2) $ 223 $ 421 $ 229 $ 43 $ 35 $ 951 Technology services and subscription revenue (2)(3) $ 141 $ 193 $ 124 $ 78 $ 89 $ 625

Countries Served

100

BlackRock, Inc. (together, with its subsidiaries, unless the context otherwise indicates, “BlackRock” or the “Company”) is a leading publicly traded investment management firm with $15.3 trillion of AUM at June 30, 2026. With approximately 26,200 employees in more than 30 countries, BlackRock provides a broad range of investment management and technology and subscription services to institutional and retail clients in more than 100 countries across the globe.

Countries with Employees

Active Net Flows

$53.31B

AUM and Net Inflows (Outflows) by Investment Style and Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Active $ 3,665,405 $ 3,410,923 $ 3,432,743 $ 3,051,873 $ 53,313 $ 82,934 $ 207,305

Alternatives Net Flows

$22.03B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Alternatives subtotal 449,395 429,070 423,614 301,914 22,027 36,656 68,566

Cash Management Net Flows

$-7.43B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Cash management 1,068,847 1,073,323 1,080,732 969,701 (7,434 ) (13,611 ) 94,398

Currency and Commodities Net Flows

$-254.0M

Digital Assets Net Flows

$-3.12B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Digital assets 48,839 60,671 78,435 79,551 (3,116 ) (2,182 ) 15,088

ETF Net Flows

$177.93B

Equity Net Flows

$71.60B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Equity $ 8,888,234 $ 7,661,385 $ 7,793,875 $ 6,905,438 $ 71,597 $ 143,440 $ 315,471

Fixed Income Net Flows

$92.10B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Fixed income 3,390,161 3,270,863 3,272,021 3,087,297 92,096 126,410 257,735

Infrastructure Net Flows

$5.23B

Institutional Active Net Flows

$43.79B

AUM and Net Inflows (Outflows) by Client Type and Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Institutional: Active 2,687,174 2,509,266 2,518,170 2,277,877 43,792 67,508 105,898

Institutional Index Net Flows

$-41.45B

AUM and Net Inflows (Outflows) by Client Type and Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Index 3,946,276 3,564,093 3,696,174 3,430,247 (41,454 ) (76,192 ) (102,163 )

Liquid Alternatives Net Flows

$6.59B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Liquid alternatives 120,312 108,639 100,990 86,670 6,595 12,147 18,187

Long-Term Net Flows

$199.13B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Long-term 14,275,777 12,821,277 12,960,786 11,557,889 199,134 335,036 773,380

Multi-Alternatives Net Flows

$1.28B

The following table presents the component changes in AUM by private markets product type for the three months ended June 30, 2026. March 31, Net inflows Market FX June 30, Average (in millions) 2026 (outflows) Realizations (1) change impact (2) 2026 AUM (3) Multi-alternatives 9,634 1,281 (468 ) (5 ) 2 10,444 9,921

Multi-Asset Net Flows

$16.78B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Multi-asset 1,347,299 1,222,612 1,223,625 1,076,709 16,784 34,610 105,077

Non-ETF Index Net Flows

$-32.11B

Private Credit Net Flows

$6.00B

The following table presents the component changes in AUM by private markets product type for the three months ended June 30, 2026. March 31, Net inflows Market FX June 30, Average (in millions) 2026 (outflows) Realizations (1) change impact (2) 2026 AUM (3) Private credit 147,045 6,004 (1,833 ) (184 ) (95 ) 150,937 148,997

Private Equity Net Flows

$2.68B

Private Markets Net Flows

$15.43B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Alternatives: Private markets 329,083 320,431 322,624 215,244 15,432 24,509 50,379

Real Estate Net Flows

$237.0M

The following table presents the component changes in AUM by private markets product type for the three months ended June 30, 2026. March 31, Net inflows Market FX June 30, Average (in millions) 2026 (outflows) Realizations (1) change impact (2) 2026 AUM (3) Real estate 21,654 237 (133 ) 221 (26 ) 21,953 21,943

Retail Net Flows

$18.86B

AUM and Net Inflows (Outflows) by Client Type and Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Retail $ 1,396,257 $ 1,262,374 $ 1,278,732 $ 1,100,997 $ 18,862 $ 34,094 $ 125,578

Total Institutional Net Flows

$2.34B

AUM and Net Inflows (Outflows) by Client Type and Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Institutional subtotal 6,633,450 6,073,359 6,214,344 5,708,124 2,338 (8,684 ) 3,735

Total Net Flows

$191.70B

ASSETS UNDER MANAGEMENT AUM for reporting purposes generally is based upon how investment advisory and administration fees are calculated for each portfolio. Net asset values, total assets, committed assets or other measures may be used to determine portfolio AUM. AUM and Net Inflows (Outflows) by Product Type AUM Net inflows (outflows) June 30, March 31, December 31, June 30, Three Months Ended June 30, Six Months Ended June 30, Twelve Months Ended June 30, (in millions) 2026 2026 2025 2025 2026 2026 2026 Total $ 15,344,624 $ 13,894,600 $ 14,041,518 $ 12,527,590 $ 191,700 $ 321,425 $ 867,778

Employees

26.2K

Collateral for Indemnified Securities on Loan

$491.00B

In connection with securities lending transactions, BlackRock has agreed to indemnify certain securities lending clients against potential loss resulting from a borrower’s failure to fulfill its obligations under the securities lending agreement should the value of the collateral pledged by the borrower at the time of default be insufficient to cover the borrower’s obligation under the securities lending agreement. The amount of securities on loan as of June 30, 2026 and subject to this type of indemnification was approximately $ 458 billion. In the Company’s capacity as lending agent, cash and securities totaling approximately $ 491 billion were held as collateral for indemnified securities on loan at June 30, 2026 . The fair value of these indemnifications was no t material at June 30, 2026 .

Indemnified Securities on Loan

$458.00B