Redemption Revenue was iSHARES TRUST’s largest product and service line in fiscal 2025, bringing in $297.24M of $343.57M (87%).
| Product and Service | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Redemption Revenue | $138.66M | $243.89M | $308.82M | $297.24M |
| Ad Other Revenue | $72.05M | $76.15M | $58.43M | $45.15M |
| Breakage | $310.00K | $4.97M | $1.66M | $1.18M |
| Total | $211.01M | $325.00M | $368.92M | $343.57M |
iSHARES TRUST brought in $343.57M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 6.9% from $368.92M in fiscal 2024. Redemption Revenue was the largest at $297.24M (86.5%), ahead of Ad Other Revenue at $45.15M (13.1%) and Breakage at $1.18M (0.3%).
Compared with fiscal 2024, Redemption Revenue fell 3.8% to $297.24M and Ad Other Revenue fell 22.7% to $45.15M. From fiscal 2022 to 2025, combined revenue from these lines grew from $211.01M to $343.57M, a compound annual growth rate of 17.6%. Redemption Revenue's share of the total rose from 65.7% to 86.5%.
iSHARES TRUST (IBTA) reports its revenue by product and service. In fiscal 2025, Redemption Revenue was its largest product and service line, bringing in $297.24M (86.5% of the total), followed by Ad Other Revenue at $45.15M (13.1%).
Redemption Revenue was iSHARES TRUST's largest product and service line in fiscal 2025, bringing in $297.24M, or 86.5% of the $343.57M total across its three product and service lines.
Every figure comes from iSHARES TRUST's annual financial filings, as reported. Each line keeps the name iSHARES TRUST gives it, and years follow its fiscal calendar.
iSHARES TRUST's revenue by product and service goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.