# BlackRock Third-Quarter Profit and Revenue Top Expectations as Assets Reach $15.5 Trillion

- URL: https://stocks.freetheai.org/news/blackrock-third-quarter-profit-and-revenue-top-expectations-as-assets-reach-15-5-607b60
- Published: 2026-10-14T14:48:09Z
- Category: earnings; sentiment: bullish; impact: high
- Symbols: [NYSE:BLK](https://stocks.freetheai.org/symbols/NYSE-BLK)
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BlackRock, Inc. (NYSE:BLK) delivered better-than-expected third-quarter financial results, driven by strong growth in client investments. Adjusted earnings per share rose 38% to $15.93, surpassing Wall Street expectations of $14.32 per share. Quarterly revenue increased 19% to $7.75 billion, beating consensus forecasts of $7.42 billion. GAAP earnings reached $10.57 per share, up 25%, despite a $564 million noncash charge connected to contingent payments for the HPS and GIP transactions.

The investment firm attracted $205 billion in net inflows during the period, expanding total assets under management to $15.5 trillion. Capital addition was led by $135 billion into iShares exchange-traded funds and $66 billion into active strategies, which helped offset $27 billion of institutional index mandate withdrawals. Annualized organic base fee growth reached 11%, while technology service and subscription revenue, including the Aladdin platform, grew 14% to $588 million. The company's adjusted operating margin expanded to 47.8% from 44.6% in the prior-year period.

Looking ahead, Chairman and Chief Executive Officer Larry Fink highlighted that the asset manager is entering its historically strongest fourth quarter with accelerating momentum. Investors will also monitor capital allocation efforts after the company repurchased $550 million of its own shares during the third quarter.

## Key points

- BlackRock reported third-quarter adjusted earnings of $15.93 per share on revenue of $7.75 billion, beating consensus estimates.
- Net quarterly inflows of $205 billion increased total assets under management to $15.5 trillion.
- iShares ETFs brought in $135 billion in net inflows, while active strategies generated $66 billion.
- Technology service revenue, which includes the Aladdin platform, grew 14% year over year to $588 million.
- The company repurchased $550 million worth of common stock during the third quarter.

## Questions and answers

### What were BlackRock's third-quarter earnings for 2026?

BlackRock reported third-quarter adjusted earnings of $15.93 per share on revenue of $7.75 billion, surpassing analyst expectations of $14.32 per share and $7.42 billion in revenue. GAAP earnings were $10.57 per share.

### How much assets under management does BlackRock have?

BlackRock reached $15.5 trillion in assets under management after gathering $205 billion in net inflows during the third quarter.

### How much stock did BlackRock buy back in Q3?

BlackRock repurchased $550 million of its own shares during the third quarter.