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Blackstone (BX) Operating Expenses (2016 - 2025)

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

  • Quarterly results put Operating Expenses at $2.1 billion for Q4 2025, up 41.65% from a year ago — trailing twelve months through Dec 2025 was $7.7 billion (up 12.95% YoY), and the annual figure for FY2025 was $7.7 billion, up 12.95%.
  • Operating Expenses for Q4 2025 was $2.1 billion at Blackstone, up from $1.8 billion in the prior quarter.
  • Over the last five years, Operating Expenses for BX hit a ceiling of $2.7 billion in Q3 2021 and a floor of $744.1 million in Q2 2022.
  • Median Operating Expenses over the past 5 years was $1.8 billion (2024), compared with a mean of $1.7 billion.
  • Biggest five-year swings in Operating Expenses: skyrocketed 421.51% in 2021 and later tumbled 67.25% in 2022.
  • Blackstone's Operating Expenses stood at $2.5 billion in 2021, then plummeted by 57.15% to $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.
  • The last three reported values for Operating Expenses were $2.1 billion (Q4 2025), $1.8 billion (Q3 2025), and $1.9 billion (Q2 2025) per Business Quant data.