Blackstone (BX) Operating Expenses (2009 - 2026)

Blackstone's Operating Expenses history runs 18 years deep, the most recent figure standing at $2.3 billion for Q1 2026.

• On a quarterly basis, Operating Expenses rose 19.42% year-over-year to $2.3 billion in Q1 2026; TTM through Mar 2026 was $8.1 billion, a 16.57% increase from a year earlier, with the FY2025 full-year figure at $7.7 billion, up 12.95% from the prior year.
• Operating Expenses improved to $2.3 billion in Q1 2026 per BX's latest filing, from $2.1 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $2.3 billion in Q1 2026 and bottomed at $744.1 million in Q2 2022.
• The 5-year median for Operating Expenses is $1.6 billion (2024), against an average of $1.6 billion.
• Across the five-year window, Operating Expenses tumbled 67.25% in 2022 and surged 98.26% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $1.1 billion in 2022, then slipped by 12.05% to $941.6 million in 2023, then surged by 59.32% to $1.5 billion in 2024, then surged by 41.65% to $2.1 billion in 2025, then rose by 6.47% to $2.3 billion in 2026.
• Per Business Quant, the three latest BX Operating Expenses figures stand at $2.3 billion (Q1 2026), $2.1 billion (Q4 2025), and $1.8 billion (Q3 2025).