BlackRock (BLK) Operating Expenses (2023 - 2026)

BlackRock (BLK) has 4 years of Operating Expenses data on file, last reported at $3.9 billion in Q1 2026.

• Operating Expenses for Q1 2026 came in at $3.9 billion, up 8.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $17.5 billion (up 30.66% YoY), and the FY2025 annual result was $17.2 billion, up 33.8% from the prior year.
• Operating Expenses slipped to $3.9 billion in Q1 2026 per BLK's latest filing, from $5.3 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $5.3 billion in Q4 2025 and troughed at $2.9 billion in Q3 2023.
• A 4-year average of $3.6 billion and a median of $3.6 billion in 2025 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2025 and 2026: Operating Expenses surged 48.45% in 2025, then rose 8.55% in 2026.
• A 4-year view of Operating Expenses shows it stood at $3.0 billion in 2023, then gained by 18.25% to $3.6 billion in 2024, then surged by 48.45% to $5.3 billion in 2025, then fell by 27.36% to $3.9 billion in 2026.
• Business Quant data shows BLK's Operating Expenses at $3.9 billion in Q1 2026, $5.3 billion in Q4 2025, and $4.6 billion in Q3 2025.