BX Q1 2024 Earnings — Blackstone Inc. Revenue & Financial Results | Market Cap Arena

BXBlackstone Inc.

$133B

Q1 2024 Earnings

Financial Services Asset Management

Income Statement

Revenue

$3.2B+124.5% YoY

Gross Profit

$3.0B96.6% margin

Operating Income

$1.9B59.5% margin

Net Income

$847M26.8% margin

EPS (Diluted)

$1.11

QoQ Revenue Growth

+159.9%

Cash Flow

Operating Cash Flow

$940M

Free Cash Flow

$922M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$39.7B

Total Liabilities

$21.2B

Stockholders' Equity

$7.0B

Cash & Equivalents

$2.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$1.4B	+124.5%
Gross Profit	$3.0B	$1.3B	+134.2%
Operating Income	$1.9B	$258M	+627.5%
Net Income	$847M	$86M	+887.5%

Revenue Segments

Investment Advice

$1.7B91%

Investment Performance

$179M9%