Blackstone Real Estate Income Trust, Inc. BSTT

FY2025 · ended Dec 31, 2025 · Revenue $7.96B, -6.7% YoY · Filed Feb 27, 2026

Blackstone Real Estate Income Trust, Inc. (BSTT) files with the SEC under industry code 6798, Real Estate Investment Trusts. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $8.0 billion and a net loss of $3.3 billion. As of Jun 30, 2026 it held $1.4 billion in cash and investments and $53.2 billion in total debt.

Revenue (TTM)
$7.71B
-6.4% vs year-ago TTM
Net income (TTM)
$-1.86B
+23.4% vs year-ago TTM
Operating cash flow (TTM)
$2.32B
+9.5% vs year-ago TTM
Free cash flow
—
EPS
$-0.92
-300.0% vs prior year
Dividend per share (TTM)
$0.66
+0.3% vs year-ago TTM
Shares outstanding
3.52B
-4.6% vs prior year
Net cash
$-51.81B
as of Jun 30, 2026
Operating margin
58.1%
FY 2026

Company profile

Industry
Real Estate Investment Trusts (SIC 6798)
Listed as
BSTT (OTC)
Fiscal year ends
December 31
Incorporated in
MD
Headquarters
New York, NY
SEC filer status
Non-accelerated filer
SEC CIK
1662972

Other Real Estate Investment Trusts companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$8.0B
$8.5B
$8.9B
$7.6B
$3.7B
Operating income
$4.0B
$5.4B
$6.0B
$3.7B
$3.7B
Net income
-$3.3B
-$890.5M
-$691.8M
-$883.5M
-$804.8M
Diluted EPS
-$0.92
-$0.23
-$0.16
-$0.20
-$0.30
Operating cash flow
$2.3B
$2.1B
$2.7B
$2.7B
$1.8B
Total assets
$98.6B
$116.2B
$130.8B
$142.7B
$106.3B
Total liabilities
$71.9B
$81.4B
$87.0B
$91.9B
$66.6B
Stockholders' equity
$19.3B
$27.4B
$36.4B
$44.5B
$36.6B
Cash and investments
$1.6B
$1.9B
$1.9B
$1.3B
$989.7M
Total debt
$56.2B
$59.2B
$62.4B
$65.7B
$41.6B

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Regulation FD disclosure
Nov 5, 2026 Nov 4, 2026
8-K Current report
Unregistered share sale
Nov 4, 2026 Nov 2, 2026
8-K Current report
Regulation FD disclosure
Oct 30, 2026 Oct 29, 2026
8-K Current report
Results of operations
Oct 22, 2026 Oct 22, 2026
8-K Current report
Unregistered share sale
Oct 15, 2026 Oct 14, 2026
8-K Current report
Unregistered share sale
Oct 5, 2026 Oct 1, 2026

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