BlackRock, Inc. revenue by segment BLK

Annual Quarterly

BlackRock, Inc. splits its revenue into 7 lines in its filings. The largest line in Q3 of fiscal 2026, the quarter ended Sep 30, 2026 was Investment Advice at $6.0 billion, 78% of the total.

USD in millions. The percent under a figure is the change from the same quarter a year earlier.

Line	TTM Sep 30, 2026	Q3 FY2026 Sep 30, 2026	Q2 FY2026 Jun 30, 2026	Q1 FY2026 Mar 31, 2026	Q4 FY2025 Dec 31, 2025	Q3 FY2025 Sep 30, 2025	Q2 FY2025 Jun 30, 2025	Q1 FY2025 Mar 31, 2025	Q4 FY2024 Dec 31, 2024
Revenue	28,542	7,752	7,084	6,698	7,008	6,509	5,423	5,276	5,677
Investment Advice	—	6,036 +19.6% share 77.9%	5,726 +28.6% share 80.8%	5,438 +23.6% share 81.2%	5,278 share 75.3%	5,046 share 77.5%	4,454 share 82.1%	4,401 share 83.4%	—
Investment Performance	—	630 +22.1% share 8.1%	305 +224.5% share 4.3%	272 +353.3% share 4.1%	754 share 10.8%	516 share 7.9%	94 share 1.7%	60 share 1.1%	—
Technology Services And Subscription Revenue	—	588 +14.2% share 7.6%	566 +13.4% share 8.0%	530 +21.6% share 7.9%	531 share 7.6%	515 share 7.9%	499 share 9.2%	436 share 8.3%	—
Distribution And Shareholder Service	—	414 +16.6% share 5.3%	395 +23.4% share 5.6%	389 +21.2% share 5.8%	359 share 5.1%	355 share 5.5%	320 share 5.9%	321 share 6.1%	—
Other services	—	—	92 +64.3% share 1.3%	69 +19.0% share 1.0%	86 share 1.2%	—	56 share 1.0%	58 share 1.1%	—
Other Advisory Revenue	—	74 +13.8% share 1.0%	—	—	—	65 share 1.0%	—	—	—
Advisory Revenue	—	10 -16.7% share 0.1%	—	—	—	12 share 0.2%	—	—	—

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Security Brokers, Dealers & Flotation Companies (SIC 6211)
Listed as: BLK (NYSE)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: New York, NY
SEC filer status: Large accelerated filer
SEC CIK: 2012383
Former names: BlackRock, Inc. (until Nov 4, 2026); BlackRock Funding, Inc. /DE (until Oct 1, 2024)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.