BlackRock (BLK) Capital Expenditures (2023 - 2026)
BlackRock (BLK) reported Capital Expenditures of $106.0 million for Q1 2026, up 35.9% year-over-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) has 4 years of Capital Expenditures data on file, last reported at $106.0 million in Q1 2026.
- Quarterly Capital Expenditures rose 35.9% year-over-year to $106.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $403.0 million (up 49.81% YoY) and the FY2025 annual result came in at $375.0 million, up 47.06% from the prior year.
- Capital Expenditures declined to $106.0 million in Q1 2026 per BLK's latest filing, from $130.0 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $130.0 million in Q4 2025 and bottomed at $7.0 million in Q2 2024.
- The 4-year median for Capital Expenditures is $89.5 million (2024), against an average of $86.0 million.
- The widest annual swing landed in 2024, when Capital Expenditures slipped 27.42%; it then soared 1171.43% in 2025.
- Tracing BLK's Capital Expenditures over 4 years: stood at $124.0 million in 2023, then fell by 27.42% to $90.0 million in 2024, then surged by 44.44% to $130.0 million in 2025, then fell by 18.46% to $106.0 million in 2026.
- Per Business Quant, the three latest BLK Capital Expenditures figures stand at $106.0 million (Q1 2026), $130.0 million (Q4 2025), and $78.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 106.00 Mn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 33.41 Mn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 27.42 Mn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 6.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | - |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 270.00 Mn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 29.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 9.40 Mn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 15.64 Mn |
| 10 | Raymond James Financial | 28.62 Bn | 17.38 Bn | - | 45.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |