BlackRock (BLK) Capital Expenditures (2023 - 2026)

BlackRock's (BLK) quarterly Capital Expenditures came in at $106.0 million in Q1 2026, up 35.9% year-on-year from $78.0 million in Q1 2025, and down 18.46% on a QoQ basis from $130.0 million in Q4 2025.

BlackRock (BLK) Capital Expenditures (2023 - 2026) Analysis & Trends

BlackRock (BLK) has 4 years of Capital Expenditures data on file, last reported at $106.0 million in Q1 2026.

  • On a quarterly basis, Capital Expenditures rose 35.9% year-over-year to $106.0 million in Q1 2026; TTM through Mar 2026 was $403.0 million, a 49.81% increase from a year earlier, with the FY2025 full-year figure at $375.0 million, up 47.06% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $106.0 million, down from $130.0 million in the prior quarter.
  • Over the last five years, Capital Expenditures for BLK reached as high as $130.0 million in Q4 2025 and fell as low as $7.0 million in Q2 2024.
  • Historically, Capital Expenditures has averaged $86.0 million across 4 years, with a median of $89.5 million in 2024.
  • Across the five-year window, Capital Expenditures slipped 27.42% in 2024 and soared 1171.43% in 2025, its largest moves.
  • Year by year, Capital Expenditures stood at $124.0 million in 2023, then declined by 27.42% to $90.0 million in 2024, then jumped by 44.44% to $130.0 million in 2025, then declined by 18.46% to $106.0 million in 2026.
  • Per Business Quant data, the three most recent Capital Expenditures figures were $106.0 million in Q1 2026, $130.0 million in Q4 2025, and $78.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - 106.00 Mn
3 Blackstone 97.77 Bn 96.72 Bn - 33.41 Mn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn -
5 State Street 51.30 Bn 51.30 Bn - 270.00 Mn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 29.00 Mn
7 Northern Trust 32.93 Bn 32.93 Bn - 9.40 Mn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 45.00 Mn
9 Price T Rowe 24.70 Bn 21.13 Bn - 62.00 Mn
10 Principal Financial 23.31 Bn -27.00 Bn -463.00 Mn 33.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 106.00 Mn
Mar 31, 2026 106.00 Mn
Dec 31, 2025 130.00 Mn
Dec 31, 2025 130.00 Mn
Sep 30, 2025 78.00 Mn
Sep 30, 2025 78.00 Mn
Jun 30, 2025 89.00 Mn
Jun 30, 2025 89.00 Mn
Mar 31, 2025 78.00 Mn
Mar 31, 2025 78.00 Mn
Dec 31, 2024 90.00 Mn
Dec 31, 2024 90.00 Mn
Sep 30, 2024 94.00 Mn
Sep 30, 2024 94.00 Mn
Jun 30, 2024 7.00 Mn
Jun 30, 2024 7.00 Mn
Mar 31, 2024 64.00 Mn
Mar 31, 2024 64.00 Mn
Dec 31, 2023 124.00 Mn
Dec 31, 2023 124.00 Mn