BlackRock (BLK) Q3 2026 Earnings
How Did BLK Stock React to Q3 2026 Earnings?
Did BLK Beat Earnings? Q3 2026 Results
Yes. BlackRock reported Q3 2026 earnings of $15.93 a share on Oct 14, 2026, beating the $14.24 consensus estimate by 11.8%. Revenue was $7.8B against a $7.5B estimate.
BlackRock posted a standout third quarter in fiscal 2026, delivering adjusted diluted EPS of $15.93, beating the $14.24 consensus estimate by 11.84% and extending the firm's streak of consensus EPS beats to five consecutive quarters. Revenue climbed 19.1% year-over-year to $7.75 billion, clearing the $7.55 billion estimate by 2.69%, as assets under management swelled to $15.49 trillion on the strength of $205.47 billion in quarterly net inflows and broad organic growth across the platform. The single most powerful engine behind the quarter was the firm's expanding AUM base, which lifted investment advisory and administration fees by $990 million from a year ago while the adjusted operating margin widened to 47.8% from 44.6%. iShares ETFs alone attracted $135 billion in net inflows, underscoring sustained investor appetite for passive exposure even as rising interest rates drew scrutiny across the asset management industry. With private markets fundraising reaching $68 billion over the trailing twelve months and management citing a strong pipeline across whole portfolio, retirement, and international platforms, BlackRock signaled confidence in continued momentum heading into a seasonally favorable fourth quarter.
- Broad-based net inflows of $205 billion across all asset classes, client types, and regions
- 11% annualized organic base fee growth in Q3
- Market appreciation contributing to 15% AUM growth year-over-year
- $66 billion of active net inflows led by fixed income and systematic equities
- iShares ETFs generated $135 billion of net inflows
- Higher securities lending revenue from increased spreads and balances
- Performance fees increase of $114 million year-over-year driven by liquid alternatives
- 14% growth in technology services and subscription revenue
“BlackRock's results demonstrate the value of our integrated platform, as clients increasingly choose us as a partner across investing, financing, and technology. That client trust is translating into higher earnings power, with shareholders benefiting from a more than 35% increase in adjusted earnings per share year-over-year, a 47.8% adjusted operating margin, and 11% annualized organic base fee growth in the third quarter.”
BlackRock CEO, on the earnings call
What Is BlackRock's Outlook?
Management expressed confidence in accelerating momentum entering a seasonally strong fourth quarter, citing a broad pipeline spanning whole portfolio solutions, private markets, retirement, and international platforms. CEO Fink stated that demand for capital is growing across the global economy and that BlackRock is increasingly at the center of how capital is deployed and managed. Technology ACV grew 12% year-over-year, reflecting sustained demand for Aladdin and multi-product solutions. Private markets fundraising reached $68 billion over the last twelve months, and the AI Infrastructure Partnership completed its first deployment in the quarter.
BLK YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $7.8B | $6.5B | +19.1% |
| Operating Income | $2.3B | $2.0B | +19.1% |
| Net Income | $1.7B | $1.3B | +25.4% |
BLK Revenue by Segment
When Does BlackRock Report Next?
Figures from SEC filings and company reports. Not investment advice.