BlackRock (BLK) revenue breakdown
By product, Investment Advisory, Administration Fees and Securities Lending Revenue is the largest at 79% of fiscal 2025 revenue; Investment Advisory Performance Fees grew fastest, 60% a year over 2 years.
By region, Americas is the largest at 66% of fiscal 2025 revenue; Europe grew fastest, 17% a year over 2 years.
Revenue by product
Fiscal years, as BlackRock reports them in its 10-K filings; fiscal 2025 total $24.2B.
| Products | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|
| Investment Advisory, Administration Fees and Securities Lending Revenue | $14.4B | $16.1B | $19.2B | 79% |
| Technology Services and Subscription Revenue | $1.5B | $1.6B | $2.0B | 8% |
| Investment Advisory Performance Fees | $554M | $1.2B | $1.4B | 6% |
| Distribution Fees | $1.3B | $1.3B | $1.4B | 6% |
| Advisory and Other Revenue | $159M | $224M | $277M | 1% |
Revenue by region
Fiscal years, as BlackRock reports them in its 10-K filings; fiscal 2025 total $24.2B.
| Regions | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|
| Americas | $11.9B | $13.4B | $16.0B | 66% |
| Europe | $5.2B | $6.1B | $7.2B | 30% |
| Asia-Pacific | $751M | $859M | $1.1B | 5% |
Questions
Where does BlackRock make its money?
In fiscal 2025, by product: Investment Advisory, Administration Fees and Securities Lending Revenue $19.2B, Technology Services and Subscription Revenue $2.0B, Investment Advisory Performance Fees $1.4B, Distribution Fees $1.4B, Advisory and Other Revenue $277M.
From BlackRock's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.