BlackRock Reports Q1 2025 Adjusted EPS of $11.30 With $84 Billion in Net Inflows

BlackRock reported first-quarter 2025 diluted EPS of $9.64, or $11.30 as adjusted, supported by $84 billion in total net inflows led by iShares ETFs, private markets, and active strategies. Revenue rose 12% year-over-year, boosted by organic base fee growth and technology services, including gains from the Preqin and GIP transactions. Adjusted EPS rose 15% due to a lower effective tax rate, despite higher share count and reduced nonoperating income. The firm repurchased $375 million in shares and raised its quarterly dividend by 2% to $5.21 per share.