BlackRock (BLK) Revenue & Revenue Breakdown
BlackRock Revenue Highlights
Latest Revenue (Y)
$18.56B
Latest Revenue (Q)
$4.97B
Main Segment (Y)
Investment Advice
Main Geography (Y)
Americas
BlackRock Revenue by Period
BlackRock Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $18.56B | 3.83% |
| 2022-12-31 | $17.87B | -7.75% |
| 2021-12-31 | $19.37B | 19.56% |
| 2020-12-31 | $16.20B | 11.46% |
| 2019-12-31 | $14.54B | 2.40% |
| 2018-12-31 | $14.20B | 4.40% |
| 2017-12-31 | $13.60B | 21.92% |
| 2016-12-31 | $11.15B | -2.16% |
| 2015-12-31 | $11.40B | 2.89% |
| 2014-12-31 | $11.08B | 8.85% |
| 2013-12-31 | $10.18B | 9.03% |
| 2012-12-31 | $9.34B | 2.82% |
| 2011-12-31 | $9.08B | 5.45% |
| 2010-12-31 | $8.61B | 83.23% |
| 2009-12-31 | $4.70B | -7.19% |
| 2008-12-31 | $5.06B | 4.53% |
| 2007-12-31 | $4.84B | 130.92% |
| 2006-12-31 | $2.10B | 76.10% |
| 2005-12-31 | $1.19B | 64.26% |
| 2004-12-31 | $725.31M | 21.25% |
| 2003-12-31 | $598.21M | 3.68% |
| 2002-12-31 | $576.98M | 8.22% |
| 2001-12-31 | $533.14M | 11.80% |
| 2000-12-31 | $476.87M | 25.17% |
| 1999-12-31 | $380.98M | 11.56% |
| 1998-12-31 | $341.50M | - |
BlackRock generated $18.56B in revenue during NA 2023, up 3.83% compared to the previous quarter, and up 130.71% compared to the same period a year ago.
BlackRock Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $4.97B | 1.39% |
| 2024-03-31 | $4.90B | 0.06% |
| 2023-12-31 | $4.90B | 13.57% |
| 2023-09-30 | $4.31B | -3.41% |
| 2023-06-30 | $4.46B | 5.19% |
| 2023-03-31 | $4.24B | -2.17% |
| 2022-12-31 | $4.34B | 0.60% |
| 2022-09-30 | $4.31B | -4.75% |
| 2022-06-30 | $4.53B | -3.68% |
| 2022-03-31 | $4.70B | -7.97% |
| 2021-12-31 | $5.11B | 1.11% |
| 2021-09-30 | $5.05B | 4.77% |
| 2021-06-30 | $4.82B | 9.60% |
| 2021-03-31 | $4.40B | -1.79% |
| 2020-12-31 | $4.48B | 2.49% |
| 2020-09-30 | $4.37B | 19.76% |
| 2020-06-30 | $3.65B | -1.67% |
| 2020-03-31 | $3.71B | -6.71% |
| 2019-12-31 | $3.98B | 7.72% |
| 2019-09-30 | $3.69B | 4.77% |
| 2019-06-30 | $3.52B | 5.32% |
| 2019-03-31 | $3.35B | -2.56% |
| 2018-12-31 | $3.43B | -3.97% |
| 2018-09-30 | $3.58B | -0.80% |
| 2018-06-30 | $3.60B | 0.61% |
| 2018-03-31 | $3.58B | -4.81% |
| 2017-12-31 | $3.76B | 16.42% |
| 2017-09-30 | $3.23B | 9.04% |
| 2017-06-30 | $2.96B | 4.99% |
| 2017-03-31 | $2.82B | -2.28% |
| 2016-12-31 | $2.89B | 1.87% |
| 2016-09-30 | $2.84B | 1.18% |
| 2016-06-30 | $2.80B | 6.86% |
| 2016-03-31 | $2.62B | -8.35% |
| 2015-12-31 | $2.86B | -1.62% |
| 2015-09-30 | $2.91B | 0.17% |
| 2015-06-30 | $2.90B | 6.68% |
| 2015-03-31 | $2.72B | -2.19% |
| 2014-12-31 | $2.78B | -2.28% |
| 2014-09-30 | $2.85B | 2.56% |
| 2014-06-30 | $2.78B | 4.04% |
| 2014-03-31 | $2.67B | -3.85% |
| 2013-12-31 | $2.78B | 12.34% |
| 2013-09-30 | $2.47B | -0.40% |
| 2013-06-30 | $2.48B | 1.35% |
| 2013-03-31 | $2.45B | -3.54% |
| 2012-12-31 | $2.54B | 9.44% |
| 2012-09-30 | $2.32B | 4.08% |
| 2012-06-30 | $2.23B | -0.89% |
| 2012-03-31 | $2.25B | 0.99% |
| 2011-12-31 | $2.23B | 0.09% |
| 2011-09-30 | $2.23B | -5.20% |
| 2011-06-30 | $2.35B | 2.85% |
| 2011-03-31 | $2.28B | -8.46% |
| 2010-12-31 | $2.49B | 19.17% |
| 2010-09-30 | $2.09B | 2.95% |
| 2010-06-30 | $2.03B | 1.85% |
| 2010-03-31 | $2.00B | 29.21% |
| 2009-12-31 | $1.54B | 35.44% |
| 2009-09-30 | $1.14B | 10.79% |
| 2009-06-30 | $1.03B | 4.26% |
| 2009-03-31 | $987.00M | -7.21% |
| 2008-12-31 | $1.06B | -19.00% |
| 2008-09-30 | $1.31B | -5.32% |
| 2008-06-30 | $1.39B | 6.68% |
| 2008-03-31 | $1.30B | -9.97% |
| 2007-12-31 | $1.44B | - |
BlackRock generated $4.97B in revenue during Q2 2024, up 1.39% compared to the previous quarter, and up 117.06% compared to the same period a year ago.
BlackRock Revenue Breakdown
BlackRock Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Technology Service | $1.49B | $1.36B | $239.00M | $231.00M | $221.00M |
| Investment Advice | $14.40B | $14.45B | $471.00M | $511.00M | $367.00M |
| Distribution and Shareholder Service | $1.26B | $1.38B | - | - | - |
| Investment Performance | $554.00M | $514.00M | $555.00M | $301.00M | $131.00M |
| Service, Other | $159.00M | $163.00M | - | - | - |
| Service Other | - | - | $-16.00M | $19.00M | $59.00M |
BlackRock's latest annual revenue breakdown by segment (product or service), as of Dec 23: Investment Advice (80.63%), Technology Service (8.32%), Distribution and Shareholder Service (7.07%), Investment Performance (3.10%), and Service, Other (0.89%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Investment Advice | $3.78B | $3.60B | $3.68B | $3.61B | $446.00M | $461.00M | $483.00M | $481.00M | $481.00M | $524.00M | $516.00M | $419.00M | $414.00M | $398.00M | $299.00M | $280.00M | - | - | - | - |
| Service Other | $59.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Distribution And Shareholder Service | $310.00M | $319.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investment Performance | $204.00M | $311.00M | $70.00M | $118.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Technology Service | $377.00M | $379.00M | $407.00M | $359.00M | $224.00M | $353.00M | $208.00M | $227.00M | $229.00M | $339.00M | $204.00M | $212.00M | $219.00M | $305.00M | $219.00M | $216.00M | $227.00M | $274.00M | $160.00M | $171.00M |
| Distribution and Shareholder Service | - | $622.00M | $321.00M | $319.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service, Other | - | $60.00M | $43.00M | $56.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
BlackRock's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Investment Advice (79.91%), Technology Service (7.97%), Distribution And Shareholder Service (6.56%), Investment Performance (4.31%), and Service Other (1.25%).
BlackRock Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Americas | $11.90B | $11.93B | $12.40B | $10.59B | $9.70B |
| Europe | $5.21B | $5.16B | $6.11B | $4.94B | $4.16B |
| Asia Pacific | $751.00M | $778.00M | $870.00M | $672.00M | $678.00M |
BlackRock's latest annual revenue breakdown by geography, as of Dec 23: Americas (66.63%), Europe (29.17%), and Asia Pacific (4.21%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Europe | $1.40B | $1.33B | $1.36B | $1.29B | $1.22B | $1.22B | $1.24B | $1.31B | $1.40B | $1.57B | $1.71B | $1.44B | $1.39B | $1.28B | $1.57B | $1.02B | $1.07B | $1.14B | $1.08B | $995.00M |
| Asia Pacific | $187.00M | $191.00M | $182.00M | $190.00M | $188.00M | $179.00M | $180.00M | $205.00M | $214.00M | $230.00M | $217.00M | $222.00M | $201.00M | $187.00M | $164.00M | $158.00M | $163.00M | $185.00M | $167.00M | $163.00M |
| Americas | $3.14B | $3.11B | $2.98B | $2.98B | $2.83B | $2.94B | $2.89B | $3.01B | $3.09B | $3.30B | $3.13B | $3.16B | $2.81B | $3.01B | $2.63B | $2.47B | $2.48B | $2.65B | $2.44B | $2.37B |
BlackRock's latest quarterly revenue breakdown by geography, as of Mar 24: Americas (66.37%), Europe (29.67%), and Asia Pacific (3.96%).
BlackRock Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BN | Brookfield | $104.30B | $23.04B |
| BK | Bank of New York Mellon | $33.73B | $4.60B |
| APO | Apollo Global Management | $32.78B | $6.02B |
| BLK | BlackRock | $18.56B | $4.97B |
| KKR | KKR | $14.50B | $4.56B |
| NTRS | Northern Trust | $12.12B | $4.70B |
| BEN | Franklin Resources | $7.85B | $2.12B |
| TROW | T. Rowe Price Group | $6.46B | $1.73B |
| IVZ | Invesco | $5.72B | $1.48B |
| ARES | Ares Management | $3.63B | $890.54M |
| CG | Carlyle Group | $2.96B | $1.07B |
| ARCC | Ares Capital | $2.08B | $767.00M |
| MAIN | Main Street Capital | $500.38M | $141.46M |
| BX | Blackstone | - | $2.87B |
BLK Revenue FAQ
What is BlackRock’s yearly revenue?
BlackRock's yearly revenue for 2023 was $18.56B, representing an increase of 3.83% compared to 2022. The company's yearly revenue for 2022 was $17.87B, representing a decrease of -7.75% compared to 2021. BLK's yearly revenue for 2021 was $19.37B, representing an increase of 19.56% compared to 2020.
What is BlackRock’s quarterly revenue?
BlackRock's quarterly revenue for Q2 2024 was $4.97B, a 1.39% increase from the previous quarter (Q1 2024), and a 11.29% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $4.9B, a 0.06% increase from the previous quarter (Q4 2023), and a 15.46% increase year-over-year (Q1 2023). BLK's quarterly revenue for Q4 2023 was $4.9B, a 13.57% increase from the previous quarter (Q3 2023), and a 12.89% increase year-over-year (Q4 2022).
What is BlackRock’s revenue growth rate?
BlackRock's revenue growth rate for the last 3 years (2021-2023) was -4.21%, and for the last 5 years (2019-2023) was 27.64%.
What are BlackRock’s revenue streams?
BlackRock's revenue streams in c 23 are Technology Service, Investment Advice, Distribution and Shareholder Service, Investment Performance, and Service, Other. Technology Service generated $1.48B in revenue, accounting 8.32% of the company's total revenue, up 8.87% year-over-year. Investment Advice generated $14.4B in revenue, accounting 80.63% of the company's total revenue, down -0.36% year-over-year. Distribution and Shareholder Service generated $1.26B in revenue, accounting 7.07% of the company's total revenue, down -8.62% year-over-year. Investment Performance generated $554M in revenue, accounting 3.10% of the company's total revenue, up 7.78% year-over-year. Service, Other generated $159M in revenue, accounting 0.89% of the company's total revenue, down -2.45% year-over-year.
What is BlackRock’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of BlackRock was Investment Advice. This segment made a revenue of $14.4B, representing 80.63% of the company's total revenue.