BX Q2 2024 Earnings — Blackstone Inc. Revenue & Financial Results | Market Cap Arena

BXBlackstone Inc.

$133B

Q2 2024 Earnings

Financial Services Asset Management

Income Statement

Revenue

$2.4B-6.6% YoY

Gross Profit

$2.3B95.5% margin

Operating Income

$1.2B50.3% margin

Net Income

$444M18.5% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

-23.9%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.1B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$40.6B

Total Liabilities

$21.9B

Stockholders' Equity

$6.8B

Cash & Equivalents

$2.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.6B	-6.6%
Gross Profit	$2.3B	$2.5B	-6.9%
Operating Income	$1.2B	$1.4B	-15.3%
Net Income	$444M	$601M	-26.1%

Revenue Segments

Private Equity Segment

$382M88%

Real Estate Segment

$53M12%