Blackstone Inc. financials

Key figures from Blackstone Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricJun 2026Jun 2025Change
Revenue$5.0B$3.7B+35.9%
Net income$1.2B$764M+60.8%
Free cash flow$1.9B$848M+125.1%
Gross margin———
Operating margin———
Net margin24.4%20.6%+3.8 pts

Quarterly trend

Revenue by quarter
$2.5BSep 2023$1.3BDec 2023*$3.7BMar 2024$2.8BJun 2024$3.7BSep 2024$3.1BDec 2024*$3.3BMar 2025$3.7BJun 2025$3.1BSep 2025$4.4BDec 2025*$3.6BMar 2026$5.0BJun 2026
Net income by quarter
$552MSep 2023$152MDec 2023*$847MMar 2024$444MJun 2024$781MSep 2024$704MDec 2024*$615MMar 2025$764MJun 2025$625MSep 2025$1.0BDec 2025*$650MMar 2026$1.2BJun 2026
Free cash flow by quarter
$1.0BSep 2023$864MDec 2023*$922MMar 2024$1.1BJun 2024$1.2BSep 2024$150MDec 2024*$1.1BMar 2025$848MJun 2025$1.6BSep 2025$1.0BDec 2025*$958MMar 2026$1.9BJun 2026
Margins by quarter
10%18%26%Sep 2023Dec 2023*Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 202621.7%11.8%23.0%15.9%21.3%22.8%18.7%20.6%20.2%23.3%18.0%24.4%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$14.5B$3.0B20.9%$4.5B$3.87
FY Dec 2024$13.2B$2.8B21.0%$3.4B$3.62
FY Dec 2023$8.0B$1.4B17.3%$3.8B$1.84
FY Dec 2022$8.5B$1.7B20.5%$6.1B$2.36
FY Dec 2021$22.6B$5.9B25.9%$3.9B$8.13

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.