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Growth Metrics

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% on a QoQ basis from $3.8 billion in Q4 2025.

BlackRock (BLK) has 4 years of Accumulated Expenses data on file, last reported at $1.6 billion in Q1 2026.

  • Quarterly Accumulated Expenses rose 37.73% year-over-year to $1.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 37.73% YoY) and the FY2025 annual result came in at $3.8 billion, up 29.22% from the prior year.
  • Accumulated Expenses fell to $1.6 billion in Q1 2026 per BLK's latest filing, from $3.8 billion in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $3.8 billion in Q4 2025 and bottomed at $1.2 billion in Q1 2025.
  • The 4-year median for Accumulated Expenses is $2.2 billion (2023), against an average of $2.3 billion.
  • The widest annual swing landed in 2024, when Accumulated Expenses climbed 23.86%; it then soared 37.73% in 2026.
  • Tracing BLK's Accumulated Expenses over 4 years: stood at $2.4 billion in 2023, then rose by 23.86% to $3.0 billion in 2024, then increased by 29.22% to $3.8 billion in 2025, then tumbled by 58.54% to $1.6 billion in 2026.
  • Per Business Quant, the three latest BLK Accumulated Expenses figures stand at $1.6 billion (Q1 2026), $3.8 billion (Q4 2025), and $2.8 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn -
2 Blackstone 92.68 Bn 91.63 Bn -
3 Kkr 84.94 Bn 132.45 Bn -
4 Brookfield Asset Management 77.34 Bn 77.68 Bn -
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn
6 State Street 44.42 Bn 18.75 Bn -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn
8 Northern Trust 31.21 Bn 31.21 Bn -
9 Ares Management 28.85 Bn 32.22 Bn -
10 Raymond James Financial 28.62 Bn 17.38 Bn -

Historic Data

Download Data 🔒
DateValue
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