BlackRock (BLK) Free Cash Flow (2023 - 2026)
BlackRock (BLK) posted quarterly Free Cash Flow of -$1.1 billion for Q1 2026, up 9.95% year-over-year from -$987.7 million in Q1 2025, and down 150.58% quarter-over-quarter from $2.1 billion in Q4 2025.
BlackRock (BLK) Free Cash Flow (2023 - 2026) Analysis & Trends
BlackRock (BLK) has reported Free Cash Flow for 4 consecutive years, with -$1.1 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Free Cash Flow rose 9.95% year-over-year to -$1.1 billion; the TTM figure through Mar 2026 stood at $3.7 billion (down 7.44% YoY), while the FY2025 annual figure was $3.6 billion, down 24.44% from the prior year.
- Free Cash Flow fell to -$1.1 billion in Q1 2026 per BLK's latest filing, from $2.1 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $2.5 billion in Q4 2024 and bottomed at -$1.2 billion in Q1 2025.
- Historically, Free Cash Flow has averaged $904.1 million across 4 years, with a median of $1.3 billion in 2024.
- Annual changes were most pronounced in 2024 — Free Cash Flow surged 34.9% — and 2025, when it slumped 155.51%.
- BlackRock's Free Cash Flow stood at $1.9 billion in 2023, then soared by 34.9% to $2.5 billion in 2024, then declined by 15.07% to $2.1 billion in 2025, then tumbled by 150.58% to -$1.1 billion in 2026.
- Business Quant data shows BLK's Free Cash Flow at -$1.1 billion in Q1 2026, $2.1 billion in Q4 2025, and $1.3 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 1.12 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 1.91 Bn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 3.20 Bn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 535.00 Mn |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 2.88 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | -3.00 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 2.85 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | -308.00 Mn |
| 10 | Northern Trust | 33.87 Bn | 33.87 Bn | - | -194.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.12 Bn |
| Jun 30, 2026 | 1.12 Bn |
| Mar 31, 2026 | -1.09 Bn |
| Mar 31, 2026 | -1.09 Bn |
| Dec 31, 2025 | 2.15 Bn |
| Dec 31, 2025 | 2.15 Bn |
| Sep 30, 2025 | 1.34 Bn |
| Sep 30, 2025 | 1.34 Bn |
| Jun 30, 2025 | 1.28 Bn |
| Jun 30, 2025 | 1.28 Bn |
| Mar 31, 2025 | -1.21 Bn |
| Mar 31, 2025 | -1.21 Bn |
| Dec 31, 2024 | 2.53 Bn |
| Dec 31, 2024 | 2.53 Bn |
| Sep 30, 2024 | 1.29 Bn |
| Sep 30, 2024 | 1.29 Bn |
| Jun 30, 2024 | 1.36 Bn |
| Jun 30, 2024 | 1.36 Bn |
| Mar 31, 2024 | -472.00 Mn |
| Mar 31, 2024 | -472.00 Mn |