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Blackstone (BX) Operating Expenses (2016 - 2026)

Blackstone has reported Operating Expenses over the past 17 years, most recently at $2.1 billion for Q4 2025.

  • For Q4 2025, Operating Expenses rose 41.65% year-over-year to $2.1 billion; the TTM value through Dec 2025 reached $7.7 billion, up 12.95%, while the annual FY2025 figure was $7.7 billion, 12.95% up from the prior year.
  • Operating Expenses for Q4 2025 was $2.1 billion at Blackstone, up from $1.8 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $2.7 billion in Q3 2021 and troughed at $744.1 million in Q2 2022.
  • A 5-year average of $1.7 billion and a median of $1.8 billion in 2024 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: surged 421.51% in 2021 and later crashed 67.25% in 2022.
  • Year by year, Operating Expenses stood at $2.5 billion in 2021, then tumbled by 57.15% to $1.1 billion in 2022, then decreased by 12.05% to $941.6 million in 2023, then skyrocketed by 59.32% to $1.5 billion in 2024, then skyrocketed by 41.65% to $2.1 billion in 2025.
  • Business Quant data shows Operating Expenses for BX at $2.1 billion in Q4 2025, $1.8 billion in Q3 2025, and $1.9 billion in Q2 2025.