Blackstone (BX) Cash from Operations (2009 - 2026)
Blackstone (BX) reported Cash from Operations of $1.94 billion for Q2 2026, up 118.5% from $888.5 million a year earlier and up 95.9% from the prior quarter.
Blackstone (BX) Cash from Operations (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Blackstone's Cash from Operations came in at $5.6 billion, up 65.6% year-over-year; for FY2025, it came in at $4.66 billion, up 33.9% from FY2024.
- Cash from Operations has a five-year compound annual growth rate of 19.2% (FY2020 to FY2025).
- By year, Cash from Operations came in at $3.48 billion in FY2024 (-14.2%), $4.06 billion in FY2023 (-36.0%), $6.34 billion in FY2022 (+59.0%) and $3.99 billion in FY2021 (+105.9%).
- The Q2 2026 figure ranks as the highest quarterly Cash from Operations since Q1 2022.
- Year over year, Cash from Operations gained in five of the last eight quarters, with growth averaging 78.2%.
- The high point for year-over-year Cash from Operations in five years was Q4 2025 (growth of 561.6%); the low point was Q1 2023 (a decline of 87.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $991.05 million (Q1 2026), $1.07 billion (Q4 2025) and $1.6 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.13 Bn | 110.49 Bn | - | 1.23 Bn |
| 2 | Spdr Gold Trust | 133.82 Bn | -424.18 Bn | - | - |
| 3 | Blackstone | 84.08 Bn | 79.01 Bn | - | 1.94 Bn |
| 4 | Brookfield | 82.97 Bn | -82.41 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.05 Bn | 47.53 Bn | - | 3.25 Bn |
| 6 | Brookfield Asset Management | 71.64 Bn | 67.88 Bn | - | 545.00 Mn |
| 7 | Apollo Global Management | 65.67 Bn | 3.35 Bn | 10.56 Bn | 2.88 Bn |
| 8 | Wheaton Precious Metals | 61.89 Bn | 57.32 Bn | 687.86 Mn | 649.52 Mn |
| 9 | Franco Nevada | 46.13 Bn | 43.49 Bn | 451.00 Mn | 482.50 Mn |
| 10 | Ameriprise Financial | 43.37 Bn | 4.79 Bn | 4.72 Bn | 2.89 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.94 Bn |
| Mar 31, 2026 | 991.05 Mn |
| Dec 31, 2025 | 1.07 Bn |
| Sep 30, 2025 | 1.60 Bn |
| Jun 30, 2025 | 888.50 Mn |
| Mar 31, 2025 | 1.11 Bn |
| Dec 31, 2024 | 161.41 Mn |
| Sep 30, 2024 | 1.22 Bn |
| Jun 30, 2024 | 1.16 Bn |
| Mar 31, 2024 | 939.85 Mn |
| Dec 31, 2023 | 895.69 Mn |
| Sep 30, 2023 | 1.08 Bn |
| Jun 30, 2023 | 1.73 Bn |
| Mar 31, 2023 | 352.73 Mn |
| Dec 31, 2022 | 715.14 Mn |
| Sep 30, 2022 | 982.93 Mn |
| Jun 30, 2022 | 1.89 Bn |
| Mar 31, 2022 | 2.75 Bn |
| Dec 31, 2021 | -813.95 Mn |
| Sep 30, 2021 | 1.60 Bn |
Blackstone Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=BX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "BX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=BX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();