Blackstone Inc., the world's largest alternative asset manager, reported total revenues of $14.45 billion for the fiscal year ending December 31, 2025, an increase of 9% compared to $13.23 billion in 2024. This growth was primarily driven by an increase in Management and Advisory Fees, Net, which rose to $8.08 billion, and an increase in Investment Income (Loss) to $5.25 billion. Net income attributable to Blackstone Inc. reached $3.02 billion, a 9% increase from $2.78 billion in the previous year, translating to a diluted earnings per share of $3.87.

The company's financial performance reflected improvements across its business segments. Real Estate Total Assets Under Management reached $319.34 billion, while Private Equity reached $416.42 billion, Credit & Insurance reached $442.95 billion, and Multi-Asset Investing reached $96.21 billion. Fee-Earning Assets Under Management also saw growth, reaching $921.67 billion. Strategic developments included an increase in perpetual capital assets under management, which reached $523.6 billion, and continued expansion of investment products offered to individual investors.

Key operational developments included inflows of $239.39 billion, offset by outflows of $47.13 billion and realizations of $125.55 billion. The company's employee headcount stood at approximately 5,285 as of December 31, 2025, including 268 senior managing directors. Blackstone's business strategy continues to focus on delivering compelling returns for investors by strengthening the companies and assets in which it invests.

Looking ahead, Blackstone intends to pay regular dividends to holders of common stock, targeting approximately 85% of Blackstone Inc.’s share of Distributable Earnings. The company also has an active share repurchase program, with $1.7 billion remaining available for repurchases as of December 31, 2025. However, the company acknowledges that its business is subject to various risks, including market volatility, competition, regulatory changes, and cybersecurity threats, which could impact future financial performance.

About Blackstone Inc.

Blackstone Inc. is a leading global alternative asset manager specializing in real estate, private equity, credit, infrastructure, life sciences, and hedge funds. Serving institutional and individual investors worldwide, it manages diverse investment vehicles including private funds, REITs, and separately managed accounts. Blackstone’s competitive advantage lies in its scale, rigorous investment process, operational expertise, and strong client relationships, aiming to create long-term value through active asset management and strategic capital deployment.

This description was generated via AI from an annual report. Updated 9 months ago.

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