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.

• On a quarterly basis, Operating Expenses rose 8.55% year-over-year to $3.9 billion in Q1 2026; TTM through Mar 2026 was $17.5 billion, a 30.66% increase from a year earlier, with the FY2025 full-year figure at $17.2 billion, up 33.8% from the prior year.
• Operating Expenses for Q1 2026 stood at $3.9 billion, down from $5.3 billion in the prior quarter.
• Over the last five years, Operating Expenses for BLK reached as high as $5.3 billion in Q4 2025 and fell as low as $2.9 billion in Q3 2023.
• Historically, Operating Expenses has averaged $3.6 billion across 4 years, with a median of $3.6 billion in 2025.
• Across the five-year window, Operating Expenses soared 48.45% in 2025 and grew 8.55% in 2026, its largest moves.
• Year by year, Operating Expenses stood at $3.0 billion in 2023, then grew by 18.25% to $3.6 billion in 2024, then surged by 48.45% to $5.3 billion in 2025, then slipped by 27.36% to $3.9 billion in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $3.9 billion in Q1 2026, $5.3 billion in Q4 2025, and $4.6 billion in Q3 2025.