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% quarter-over-quarter 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.
- Capital Expenditures for Q1 2026 came in at $106.0 million, up 35.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $403.0 million (up 49.81% YoY), and the FY2025 annual result was $375.0 million, up 47.06% from the prior year.
- Capital Expenditures eased to $106.0 million in Q1 2026 per BLK's latest filing, from $130.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $130.0 million in Q4 2025 and troughed at $7.0 million in Q2 2024.
- A 4-year average of $86.0 million and a median of $89.5 million in 2024 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2024 and 2025: Capital Expenditures declined 27.42% in 2024, then surged 1171.43% in 2025.
- A 4-year view of Capital Expenditures shows it stood at $124.0 million in 2023, then decreased by 27.42% to $90.0 million in 2024, then jumped by 44.44% to $130.0 million in 2025, then decreased by 18.46% to $106.0 million in 2026.
- Business Quant data shows BLK's Capital Expenditures at $106.0 million in Q1 2026, $130.0 million in Q4 2025, and $78.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 106.00 Mn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 33.41 Mn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 27.42 Mn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | - |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 270.00 Mn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 29.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 9.40 Mn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 45.00 Mn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 15.64 Mn |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn | 33.80 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 |