BlackRock, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 4, 2026, reporting results for both the third quarter and the first nine months of the fiscal year.

Key Highlights

  • Third-quarter total revenue: $7,752 million, up from $6,509 million in the same quarter of 2025, according to the filing.
  • Nine-month net income attributable to BlackRock: $5,785 million, compared with $4,426 million for the nine months ended September 30, 2025.
  • Third-quarter diluted EPS: $10.57, versus $8.43 in the prior-year quarter, based on a diluted weighted-average share count of 164.5 million including Subco Units.
  • Total assets: $177,898 million as of September 30, 2026, compared with $169,998 million at December 31, 2025.
  • Shares outstanding: 154,423,421 common shares as of October 31, 2026, with 162,030,348 on a fully diluted basis including 7,606,927 Class B-2 common units of BlackRock Saturn Subco, LLC.
  • Nine-month operating income: $7,603 million, versus $5,384 million for the same period in 2025.

BlackRock's Q3 2026 Financial Results: Revenue, Earnings, and Balance Sheet

According to the filing, BlackRock (NYSE:BLK) reported third-quarter 2026 total revenue of $7,752 million, driven primarily by investment advisory and administration fees of $5,783 million and investment advisory performance fees of $630 million. Technology services and subscription revenue reached $588 million for the quarter, while distribution fees totaled $414 million. For the nine months ended September 30, 2026, total revenue was $21,534 million, compared with $17,208 million for the same period in 2025.

The filing disclosed total expenses of $5,424 million for the third quarter of 2026, which included employee compensation and benefits of $2,440 million, amortization of intangible assets of $276 million, and a change in fair value of contingent consideration of $564 million. Operating income for the third quarter was $2,328 million. Net income for the quarter was $1,920 million, with $1,659 million attributable to BlackRock, Inc. after subtracting amounts attributable to noncontrolling interests in consolidated sponsored investment products and in BlackRock Saturn Subco, LLC.

On the balance sheet as of September 30, 2026, the company reported goodwill of $35,204 million and intangible assets, net of accumulated amortization, of $27,139 million. Total borrowings stood at $12,740 million, and total BlackRock, Inc. stockholders' equity was $58,131 million. Cash and cash equivalents were $12,877 million. The filing also noted that contingent consideration liabilities decreased to $5,858 million from $8,429 million at December 31, 2025. Redeemable noncontrolling interests related to consolidated sponsored investment products were $3,850 million at the end of the quarter.

What Was Disclosed

BlackRock filed its quarterly 10-Q report covering the period ended September 30, 2026, disclosing income statement, balance sheet, and equity data for the third quarter and first nine months of 2026, along with share count information as of October 31, 2026.