BlackRock(NYSE) BLK

BlackRock, Inc. helps people invest money for their future. It manages retirement savings for millions of individuals and large groups. The firm also creates software to track and manage financial risks.

Beyond the Stock Market

• iShares ETFs: Exchange-traded funds that track indexes or follow specific strategies for various investors; generated $1.99 billion in revenue for the three-month period ended June 30, 2026.
• Equity Products: Investment strategies that focus on public company stocks to grow client wealth; represented $2.62 billion in revenue during the three-month period ended June 30, 2026.
• Fixed Income: Funds that invest in bonds and other debt instruments to provide steady returns; accounted for $1.07 billion in revenue for the three-month period ended June 30, 2026.
• Technology Services: Access to the Aladdin risk management system and other digital tools for financial professionals; generated $566 million in revenue for the three-month period ended June 30, 2026.
• Private Markets: Investments in non-public assets like infrastructure, real estate, and private credit; including private equity and alternative strategies.

Expanding Through Acquisitions

• Completed the acquisition of Global Infrastructure Management to expand its reach into energy, transport, and digital infrastructure investments.
• Finalized the HPS Investment Partners transaction to increase its presence in private credit and non-public lending markets.
• Acquired Preqin in March 2025 to enhance its data and analytics services for private market participants.
• Integrated the eFront and Cachematrix platforms to broaden its technology offerings for institutional and wealth management clients.

Why BlackRock Is Different

BlackRock operates the Aladdin platform, which functions as a central nervous system for investment and risk management used by many of the world's largest financial institutions. The company manages all assets as a fiduciary, meaning it works solely for the benefit of its clients and does not engage in trading for its own profit.

Results by the Numbers

• Total revenue reached $7.1 billion for the three-month period ended June 30, 2026, up 31% year over year.
• Assets under management grew to $15.3 trillion as of June 30, 2026, an increase from $12.5 trillion on June 30, 2025.
• GAAP operating income was $2.5 billion for the three-month period ended June 30, 2026, up from $1.7 billion year over year.
• Technology services and subscription revenue hit $1.1 billion for the six-month period ended June 30, 2026, up from $935 million in the prior year.
• Long-term net inflows reached $199 billion for the three-month period ended June 30, 2026, led by significant demand for exchange-traded funds.

Bottom Line

BlackRock has evolved from a traditional money manager into a global provider of financial technology and diverse investment solutions. Its shift toward private markets and proprietary software supports its role as a primary infrastructure provider for the modern financial system.