BX Q2 2025 Earnings — Blackstone Inc. Revenue & Financial Results | Market Cap Arena

BXBlackstone Inc.

$133B

Q2 2025 Earnings

Financial Services Asset Management

Income Statement

Revenue

$3.7B+54.5% YoY

Gross Profit

$3.6B96.3% margin

Operating Income

$1.9B51.6% margin

Net Income

$764M20.6% margin

EPS (Diluted)

$0.98

QoQ Revenue Growth

+26.1%

Cash Flow

Operating Cash Flow

$889M

Free Cash Flow

$848M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$45.4B

Total Liabilities

$24.3B

Stockholders' Equity

$8.4B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.7B	$2.4B	+54.5%
Gross Profit	$3.6B	$2.3B	+55.9%
Operating Income	$1.9B	$1.2B	+58.5%
Net Income	$764M	$444M	+72.0%

Revenue Segments

Private Equity Segment

$409M82%

Real Estate Segment

$90M18%