BlackRock (BLK) Accumulated Expenses (2023 - 2026)
BlackRock (BLK) reported Accumulated Expenses of $1.6 billion for Q1 2026, up 37.73% year-over-year from $1.2 billion in Q1 2025, and down 58.54% quarter-over-quarter from $3.8 billion in Q4 2025.
BlackRock (BLK) Accumulated Expenses (2023 - 2026) Analysis & Trends
BlackRock (BLK) has 4 years of Accumulated Expenses data on file, last reported at $1.6 billion in Q1 2026.
- Accumulated Expenses for Q1 2026 came in at $1.6 billion, up 37.73% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 37.73% YoY), and the FY2025 annual result was $3.8 billion, up 29.22% from the prior year.
- Accumulated Expenses declined to $1.6 billion in Q1 2026 per BLK's latest filing, from $3.8 billion in the prior quarter.
- Over five years, Accumulated Expenses peaked at $3.8 billion in Q4 2025 and troughed at $1.2 billion in Q1 2025.
- A 4-year average of $2.3 billion and a median of $2.2 billion in 2023 frame the typical range for Accumulated Expenses.
- The sharpest annual moves came in 2024 and 2026: Accumulated Expenses increased 23.86% in 2024, then surged 37.73% in 2026.
- A 4-year view of Accumulated Expenses shows it stood at $2.4 billion in 2023, then advanced by 23.86% to $3.0 billion in 2024, then gained by 29.22% to $3.8 billion in 2025, then sank by 58.54% to $1.6 billion in 2026.
- Business Quant data shows BLK's Accumulated Expenses at $1.6 billion in Q1 2026, $3.8 billion in Q4 2025, and $2.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.59 Bn |
| Dec 31, 2025 | 3.83 Bn |
| Sep 30, 2025 | 2.79 Bn |
| Jun 30, 2025 | 1.74 Bn |
| Mar 31, 2025 | 1.15 Bn |
| Dec 31, 2024 | 2.96 Bn |
| Sep 30, 2024 | 2.07 Bn |
| Dec 31, 2023 | 2.39 Bn |