BX Q4 2025 Earnings — Blackstone Inc. Revenue & Financial Results | Market Cap Arena

BXBlackstone Inc.

$133B

Q4 2025 Earnings

Financial Services Asset Management

Income Statement

Revenue

$4.4B+54.7% YoY

Gross Profit

$2.8B64.5% margin

Operating Income

$2.4B54.2% margin

Net Income

$1.0B23.3% margin

EPS (Diluted)

$1.30

QoQ Revenue Growth

+55.1%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$1.0B

Stock-Based Comp.

-$745M

Balance Sheet

Total Assets

$47.7B

Total Liabilities

$25.8B

Stockholders' Equity

$8.7B

Cash & Equivalents

$2.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.4B	$2.8B	+54.7%
Gross Profit	$2.8B	$2.7B	+4.0%
Operating Income	$2.4B	$1.6B	+51.4%
Net Income	$1.0B	$704M	+44.2%

Revenue Segments

Private Equity Segment

$352M61%

Real Estate Segment

$229M39%