# BlackRock Q3 Earnings Beat Expectations on Record Assets and Revenue Growth

- URL: https://stocks.freetheai.org/news/blackrock-q3-earnings-beat-expectations-on-record-assets-and-revenue-growth-81908e
- Published: 2026-10-14T12:52:00Z
- Category: earnings; sentiment: bullish; impact: high
- Symbols: [NYSE:BLK](https://stocks.freetheai.org/symbols/NYSE-BLK)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
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BlackRock, Inc. (BLK) delivered third-quarter 2026 adjusted earnings of $15.93 per share, surpassing market estimates of $13.97 per share. The result represents a 38% increase compared to the same period last year. Revenue rose 19% year over year to $7.75 billion, beating expectations due to organic fee growth, higher performance fees, and gains in technology services.

The strong performance was fueled by record assets under management, which reached $15.49 trillion as of September 30, 2026, up 15% from a year earlier. BlackRock brought in $205.47 billion in total net quarterly inflows, led by $134.51 billion into exchange-traded funds. While total operating expenses grew 19% to $5.42 billion on higher employee compensation and administrative costs, adjusted operating margin expanded to 47.8%. The asset manager also repurchased $550 million in stock during the quarter.

Going forward, market participants will observe how BlackRock manages rising expenses while pursuing opportunities in private markets, infrastructure, and technology services. Quarterly results from asset management peers such as Blackstone Inc. (BX) and Invesco Ltd. (IVZ) later this month will provide further insights into industry-wide asset flows and fee trends.

## Key points

- Adjusted earnings per share reached $15.93, topping expectations of $13.97 and rising 38% year over year.
- Quarterly revenue grew 19% year over year to $7.75 billion, beating projections of $7.46 billion.
- Assets under management reached a record $15.49 trillion, supported by $205.47 billion in net quarterly inflows.
- Exchange-traded funds brought in $134.51 billion in net inflows, while active strategies added $66.41 billion.
- Total operating expenses rose 19% to $5.42 billion, driven by higher employee compensation and sales costs.

## Questions and answers

### What were BlackRock's Q3 2026 earnings per share?

BlackRock reported third-quarter 2026 adjusted earnings of $15.93 per share, surpassing market estimates of $13.97 per share and marking a 38% increase from the year-ago quarter.

### What is BlackRock's assets under management in Q3 2026?

BlackRock reached a record $15.49 trillion in assets under management as of September 30, 2026, up 15% year over year, driven by $205.47 billion in total net inflows during the quarter.

### How much revenue did BlackRock generate in Q3 2026?

BlackRock generated $7.75 billion in GAAP revenue during the third quarter of 2026, up 19% year over year, beating market expectations of $7.46 billion.