Blackstone Real Estate Income Trust (BSTT) Cost of Revenue (2017 - 2025)

Blackstone Real Estate Income Trust (BSTT) has 9 years of Cost of Revenue data on record, last reported at $895.3 million in Q4 2025.

  • For Q4 2025, Cost of Revenue fell 11.37% year-over-year to $895.3 million; the TTM value through Dec 2025 reached $3.7 billion, down 8.97%, while the annual FY2025 figure was $3.7 billion, 8.97% down from the prior year.
  • Cost of Revenue reached $895.3 million in Q4 2025 per BSTT's latest filing, down from $916.9 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $1.1 billion in Q3 2023 and bottomed at $293.4 million in Q1 2021.
  • Average Cost of Revenue over 5 years is $840.7 million, with a median of $967.5 million recorded in 2022.
  • Peak YoY movement for Cost of Revenue: surged 143.16% in 2022, then dropped 11.48% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $486.0 million in 2021, then surged by 102.08% to $982.0 million in 2022, then increased by 1.72% to $998.8 million in 2023, then grew by 1.13% to $1.0 billion in 2024, then dropped by 11.37% to $895.3 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $895.3 million in Q4 2025, $916.9 million in Q3 2025, and $926.8 million in Q2 2025.