The Inventing Press

Blackstone Inc.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$14.5B$13.2B$8.0B$8.5B$22.6B
Interest expense$508.3M$443.7M$431.9M$317.2M$198.3M
Pretax income$7.2B$6.5B$3.0B$3.5B$13.6B
Income tax expense$1.1B$1.0B$513.5M$472.9M$1.2B
Net income$3.0B$2.8B$1.4B$1.7B$5.9B
Balance Sheet
Cash and equivalents$2.6B$2.0B$3.0B$4.3B$2.1B
Total assets$47.7B$43.5B$40.3B$42.5B$41.2B
Total liabilities$25.8B$24.0B$22.2B$22.8B$19.5B
Total debt$12.4B$11.3B$11.3B$12.3B$7.5B
Stockholders' equity$8.7B$8.2B$6.8B$7.7B$9.4B
Cash Flow Statement
Cash from operations$4.7B$3.5B$4.1B$6.3B$4.0B
Depreciation and amortization$98.0M$98.8M$94.1M$69.2M$52.2M
Stock-based compensation$1.4B$1.2B$987.5M$846.3M$637.4M
Capital expenditure$115.7M$61.4M$224.2M$235.5M$64.3M
Free cash flow$4.5B$3.4B$3.8B$6.1B$3.9B
Dividends paid$6.0B$4.4B$4.3B$6.5B$4.6B

Shares outstanding 742.9M · Free float 93.3%

Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.

Earnings