Asset management company BlackRock, Inc. (NYSE: BLK) on Friday announced financial results for the first quarter of 2025.
First-quarter adjusted earnings increased 15% year-over-year to $11.30 per share. On an unadjusted basis, net income attributable to shareholders was $1.51 billion or $9.64 per share in Q1, compared to $1.57 billion or $10.48 per share in the prior year period.
Total revenue increased 12% year-over-year to $5.28 billion in the March quarter. The top line benefitted from the positive impact of markets, organic base fee growth, and fees related to the GIP Transaction.
“BlackRock’s positioning and connectivity with clients are stronger than ever, and it’s clear in our results. We delivered 6% organic base fee growth in the first quarter, representing our best start to a year since 2021 and secular strength against a complex market backdrop,” said CEO Laurence Fink.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY
Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales
CarMax (KMX) Q3 2026 earnings drop on lower sales; results beat estimates
Used car retailer CarMax, Inc. (NYSE: KMX) on Thursday reported a decline in earnings for the third quarter of fiscal 2026, hurt by lower sales. However, both revenues and earnings
ACN Earnings: Key quarterly highlights from Accenture’s Q1 2026 financial results
Accenture (NYSE: ACN) reported its first quarter 2026 earnings results today. Revenues of $18.7 billion increased 6% in US dollars and 5% in local currency compared to the same period a
