KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Amortization - IntangiblesConsolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Income from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeNon Operating Investment IncomeOperating ExpensesOperating IncomeOther Operating ExpensesProfit After TaxRestructuring CostsRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Weighted Average)Tax ProvisionsTax RateWages, Salaries and Other
Others
Ratios

BlackRock (BLK) Operating Expenses (2023 - 2025)

BlackRock (BLK) has disclosed Operating Expenses for 3 consecutive years, with $5.3 billion as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 48.45% to $5.3 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $17.2 billion, a 33.8% increase, with the full-year FY2025 number at $17.2 billion, up 33.8% from a year prior.
  • Operating Expenses was $5.3 billion for Q4 2025 at BlackRock, up from $4.6 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $5.3 billion in Q4 2025 to a low of $3.0 billion in Q2 2024.
  • A 3-year average of $3.7 billion and a median of $3.6 billion in 2025 define the central range for Operating Expenses.
  • Biggest YoY gain for Operating Expenses was 48.45% in 2025; the steepest drop was 17.89% in 2025.
  • BlackRock's Operating Expenses stood at $3.0 billion in 2023, then increased by 18.25% to $3.6 billion in 2024, then soared by 48.45% to $5.3 billion in 2025.
  • Per Business Quant, the three most recent readings for BLK's Operating Expenses are $5.3 billion (Q4 2025), $4.6 billion (Q3 2025), and $3.7 billion (Q2 2025).