Blackstone (BX) Operating Expenses (2009 - 2026)

Blackstone has reported Operating Expenses for 18 years, with the latest figure at $2.3 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 19.42% year-over-year to $2.3 billion; the trailing twelve-month figure through Mar 2026 stood at $8.1 billion (up 16.57% YoY), and the FY2025 full-year result was $7.7 billion, up 12.95% from the prior year.
• Operating Expenses for Q1 2026 stood at $2.3 billion, up from $2.1 billion in the prior quarter.
• The five-year high for Operating Expenses was $2.3 billion in Q1 2026, with the low at $744.1 million in Q2 2022.
• Average Operating Expenses over 5 years is $1.6 billion, with a median of $1.6 billion recorded in 2024.
• Year-over-year, Operating Expenses tumbled 67.25% in 2022 and surged 98.26% in 2023.
• Tracing BX's Operating Expenses over 5 years: stood at $1.1 billion in 2022, then dropped by 12.05% to $941.6 million in 2023, then soared by 59.32% to $1.5 billion in 2024, then soared by 41.65% to $2.1 billion in 2025, then gained by 6.47% to $2.3 billion in 2026.
• The last three Operating Expenses figures came in at $2.3 billion (Q1 2026), $2.1 billion (Q4 2025), and $1.8 billion (Q3 2025), per Business Quant data.

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