BX Q2 2020 Earnings — Blackstone Inc. Revenue & Financial Results | Market Cap Arena

BXBlackstone Inc.

$128B

Q2 2020 Earnings

Financial Services Asset Management

Income Statement

Revenue

$2.2B+61.1% YoY

Gross Profit

$2.1B98.2% margin

Operating Income

$1.5B69.1% margin

Net Income

$568M26.2% margin

EPS (Diluted)

$0.81

QoQ Revenue Growth

+204.2%

Cash Flow

Operating Cash Flow

$491M

Free Cash Flow

$478M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$28.8B

Total Liabilities

$16.3B

Stockholders' Equity

$5.7B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$1.3B	+61.1%
Gross Profit	$2.1B	$1.3B	+63.5%
Operating Income	$1.5B	$686M	+119.0%
Net Income	$568M	$306M	+85.8%

Revenue Segments

Investment Advice

$970M98%

Investment Performance

$15M2%