KPIs & Operating Metrics(New)
Growth Metrics

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

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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