WS Investor
14 Apr 2026, 23:10
BlackRock Inc. reported strong first-quarter 2026 results, with diluted earnings per share of $14.06, or $12.53 on an adjusted basis, supported by robust inflows and revenue growth.
The firm recorded $130 billion in quarterly net inflows, driven by a record performance in its iShares ETF business alongside continued demand for active and private market strategies. Over the past 12 months, total net inflows reached $744 billion, contributing to 10% organic base fee growth.
Revenue rose 27% year-over-year, benefiting from favorable market conditions, higher fee income, and growth in technology services, including the Aladdin platform. Technology services and subscription revenue increased 22% annually, further supported by the Preqin acquisition.
Operating income climbed 66% on a GAAP basis, while adjusted operating income rose 31%. Adjusted diluted EPS increased 11% year-over-year, reflecting higher share counts and tax rates partially offsetting earnings growth.
BlackRock also returned capital to shareholders, repurchasing $450 million in shares and raising its quarterly dividend by 10% to $5.73 per share.
The firm recorded $130 billion in quarterly net inflows, driven by a record performance in its iShares ETF business alongside continued demand for active and private market strategies. Over the past 12 months, total net inflows reached $744 billion, contributing to 10% organic base fee growth.
Revenue rose 27% year-over-year, benefiting from favorable market conditions, higher fee income, and growth in technology services, including the Aladdin platform. Technology services and subscription revenue increased 22% annually, further supported by the Preqin acquisition.
Operating income climbed 66% on a GAAP basis, while adjusted operating income rose 31%. Adjusted diluted EPS increased 11% year-over-year, reflecting higher share counts and tax rates partially offsetting earnings growth.
BlackRock also returned capital to shareholders, repurchasing $450 million in shares and raising its quarterly dividend by 10% to $5.73 per share.