BX · Financials

Blackstone Inc.

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-08

• Revenue Performance and MixImportance 64 · Surprise 56
  Blackstone reported second-quarter 2026 consolidated revenue of $5.04 billion, up 35.9% year over year. Net income attributable to Blackstone increased 61% to $1.229 billion, while diluted EPS rose 57% to $1.54. The…

10-Q · 2026-08-07

• Investment Income DriversImportance 69 · Surprise 64
  Three-month Investment Income increased $867.1 million, or 54%, to $2.5 billion from $1.6 billion, reflecting $543.8 million of higher Realized Investment Income and $323.3 million of higher Unrealized Investment…
• Accrued Performance RevenuesImportance 66 · Surprise 40
  Blackstone’s Net Accrued Performance Revenues totaled $7.468 billion at June 30, 2026, up $860 million, or 13.0%, from $6.608 billion at June 30, 2025. The twelve-month increase reflected $4.6 billion of net…
• Assets Under Management GrowthImportance 64 · Surprise 56
  Total Assets Under Management increased $42.2 billion sequentially to $1.3463 trillion at June 30, 2026, led by $24.5 billion of Private Equity inflows, $31.0 billion of Credit & Insurance inflows and $8.2 billion of…
• Real Estate Segment PerformanceImportance 64 · Surprise 56
  Real Estate Segment Distributable Earnings increased 32% year over year to $745.3 million in the second quarter of 2026 from $565.9 million, driven by a $110.0 million increase in Net Realizations and a $69.4 million…
• Private Equity Segment GrowthImportance 64 · Surprise 56
  Private Equity Segment Distributable Earnings increased 31% year over year to $981.5 million in the second quarter of 2026 from $751.4 million, led by a $197.5 million increase in Fee Related Earnings. Fee Related…
• Revenue Performance and MixImportance 59 · Surprise 48
  Six-month revenue increased 24% year over year to $8.7 billion from $7.0 billion, driven by an $842.2 million increase in Investment Income and a $474.8 million increase in Management and Advisory Fees, Net. Six-month…
• Income Tax Rate ChangesImportance 59 · Surprise 48
  Blackstone’s provision for taxes increased $116.2 million, or 21.8%, to $649.5 million for the six months ended June 30, 2026, from $533.3 million in the prior-year period. The effective tax rate decreased to 15.2%…
• Macroeconomic Factors ImpactImportance 56 · Surprise 82
  Major equity markets appreciated significantly in the second quarter of 2026, supported by resilient economic growth and large-scale artificial-intelligence ecosystem capital spending; the S&P 500 returned 15.2%, while…
• Capital Commitments and ObligationsImportance 56 · Surprise 24
  At June 30, 2026, Blackstone and its general partners had $5.905 billion of remaining commitments to funds and other investments, while senior managing directors and certain professionals had $2.279 billion of…
• Perpetual Capital GrowthImportance 55 · Surprise 32
  Perpetual Capital Total Assets Under Management reached $555.6 billion at June 30, 2026, increasing $15.9 billion from March 31, 2026. Private Equity perpetual capital increased $11.4 billion sequentially, while Credit…
• Outstanding IndebtednessImportance 49 · Surprise 6
  As of June 30, 2026, Blackstone had $12.392 billion of senior notes outstanding, with maturities ranging from October 2026 through January 2052 and coupon rates from 1.0% to 6.25%. The company also had $800.0 million…
• Segment Revenue PerformanceImportance 46 · Surprise 56
  Multi-Asset Investing Segment Distributable Earnings increased 35% to $97.7 million in the second quarter of 2026 from $72.3 million in the second quarter of 2025, driven by a $20.0 million increase in Fee Related…
• FX / Currency HeadwindsImportance 45 · Surprise 64
  Foreign-exchange fluctuations reduced Total Assets Under Management by $1.3 billion in the three months ended June 30, 2026, compared with a $11.0 billion increase in the comparable 2025 period. For the six months…
• Private Wealth RedemptionsImportance 45 · Surprise 50
  Redemption requests in the perpetual private-wealth vehicle BCRED remained elevated during the second quarter, driven largely by heightened media and market attention around private credit and concerns about…
• Credit Insurance Earnings DeclineImportance 43 · Surprise 32
  Credit & Insurance Segment Distributable Earnings decreased 6% year over year to $373.2 million in the second quarter of 2026 from $395.8 million, as a $59.6 million decline in Net Realizations outweighed a $37.0…
• Liquidity and Cash PositionImportance 43 · Surprise 6
  As of June 30, 2026, Blackstone held $2.5 billion in cash and cash equivalents, $401.5 million in corporate treasury investments and $8.5 billion in other investments, including $7.8 billion of liquid investments,…
• AI Valuation DisruptionImportance 40 · Surprise 42
  Blackstone said the potential for artificial intelligence-driven disruption has weighed on equity capital markets and valuations in sectors such as software. Management expects the impact to vary substantially by…
• BCRED Net OutflowsImportance 37 · Surprise 42
  BCRED experienced net outflows in the second quarter of 2026 because redemption requests remained elevated and subscriptions, although solid, decelerated from the prior quarter. Redemption activity was attributed…
• Private Credit Market ConditionsImportance 37 · Surprise 32
  Blackstone described the Credit & Insurance market as volatile but supported by increased financing and investment activity, strong interest income, and generally stable underlying credit performance. Defaults in…
• Capital Markets Revenue ReclassificationImportance 30 · Surprise 42
  Beginning in the three months ended June 30, 2026, capital markets advisory revenues from certain financing transactions in infrastructure and asset based credit strategies were presented in Credit & Insurance rather…
• Private Equity Fundraising DemandImportance 26 · Surprise 24
  Blackstone reported strong performance across its Private Equity strategies, led by digital infrastructure investments and the energy portfolio. Fundraising was strong across both drawdown and perpetual vehicles,…
• Private Credit Market DemandImportance 26 · Surprise 24
  Credit & Insurance experienced increased financing and investment activity, supporting transaction and advisory demand and broader fee-revenue growth. Fundraising was strong among institutional clients across…
• Operating Expense TrendsImportance 23 · Surprise 22
  Multi-Asset Investing six-month Fee Related Compensation increased 7% to $89.9 million from $84.4 million, primarily because compensation is based partly on higher Management and Advisory Fees, Net. Six-month Other…
• Capital Return ProgramImportance 19 · Surprise 6
  Blackstone’s board authorized up to $2.0 billion of repurchases of common stock and Blackstone Holdings Partnership Units on July 16, 2024, with no specified expiration date. During the three months ended June 30,…
• Real Estate Market Demand TrendsImportance 17 · Surprise 24
  Overall real estate portfolio values appreciated modestly in the second quarter of 2026, led by digital infrastructure and partly offset by weakness in life science office and certain other areas. Debt capital markets…
• Middle East Conflict ImpactImportance 17 · Surprise 24
  The ongoing conflict in the Middle East continued to create volatility and weigh on transaction and realization activity during the second quarter of 2026. In Real Estate, the conflict contributed to reduced…
• Interest Rate EnvironmentImportance 15 · Surprise 14
  U.S. inflation remained above the Federal Reserve’s 2.0% long-term target, with CPI up 3.5% year-over-year in June 2026 versus 3.3% in March, partly due to elevated first-half energy prices. The Federal Reserve held…

News · 2026-08-07

• Revenue Performance and MixImportance 64 · Surprise 56
  Blackstone reported second-quarter 2026 consolidated revenue of $5.04 billion, up 35.9% year over year. Net income attributable to Blackstone increased 61% to $1.229 billion, while diluted EPS rose 57% to $1.54. The…
• AI Data Center DemandImportance 64 · Surprise 42
  PPL reported signed data-center agreements totaling 32 GW across its Pennsylvania service areas. The demand is tied to large industrial customers and is creating potential long-term infrastructure opportunities for PPL…
• Blackstone-PPL Energy JVImportance 64 · Surprise 42
  Blackstone’s Invitium Energy joint venture with PPL is evaluating $12.5 billion to $15 billion of investment in new generation infrastructure. The initiative is tied to rising data-center demand in PPL’s service…
• AGS Health India IPOImportance 58 · Surprise 42
  Blackstone-owned AGS Health filed updated draft papers for an India initial public offering valued at up to $504 million, or 48 billion rupees. The offering includes a fresh issue of up to 18 billion rupees and a sale…
• Firmus AI Infrastructure InvestmentImportance 34 · Surprise 42
  Blackstone vehicles participated in a $2 billion funding round for Australian AI data-center company Firmus. Coatue Management, Nvidia, Blackstone vehicles, and Jane Street backed the financing. The proceeds will fund…

News · 2026-08-06

• Ransomware Campaign Targeting BlackstoneImportance 37 · Surprise 42
  Ransom-seeking hackers reportedly targeted Blackstone and other prominent U.S. financial institutions during a campaign identified through Google and internet-intelligence data. Attackers used social-engineering…
• Industrial Property DispositionImportance 25 · Surprise 42
  Blackstone sold a portfolio of 28 industrial buildings in North Natomas, Sacramento, to Blue Rise Ventures. The properties total approximately 1.9 million square feet and are located near Interstate 80. The transaction…

News · 2026-08-05

• Revenue Performance and MixImportance 64 · Surprise 56
  Blackstone reported second-quarter 2026 consolidated revenue of $5.04 billion, up 35.9% year over year. Net income attributable to Blackstone increased 61% to $1.229 billion, while diluted EPS rose 57% to $1.54. The…
• Hollywood Loan Special ServicingImportance 64 · Surprise 42
  A $1.1 billion loan backed by Hollywood studio properties owned by Hudson Pacific Properties and Blackstone moved into special servicing ahead of its August 9 maturity date. The collateral includes Sunset Gower, Sunset…
• Anthropic $36B Debt FinancingImportance 58 · Surprise 42
  Blackstone is reportedly in preliminary discussions with investors about a second debt package of at least $36 billion for Anthropic PBC. The financing would support Anthropic’s acquisition and use of Google custom…

News · 2026-08-04

• TXNM Blackstone Deal DisputeImportance 71 · Surprise 60
  New Mexico regulators voided a proposed $400 million stock sale by TXNM Energy to Blackstone. Prosperity Works urged TXNM to provide customers with $240 million in rate credits, alleging that the company improperly…
• Revenue Performance and MixImportance 64 · Surprise 56
  Blackstone reported second-quarter 2026 consolidated revenue of $5.04 billion, up 35.9% year over year. Net income attributable to Blackstone increased 61% to $1.229 billion, while diluted EPS rose 57% to $1.54. The…
• AI Data Center DemandImportance 64 · Surprise 42
  PPL reported signed data-center agreements totaling 32 GW across its Pennsylvania service areas. The demand is tied to large industrial customers and is creating potential long-term infrastructure opportunities for PPL…
• Anthropic $36B Debt FinancingImportance 58 · Surprise 42
  Blackstone is reportedly in preliminary discussions with investors about a second debt package of at least $36 billion for Anthropic PBC. The financing would support Anthropic’s acquisition and use of Google custom…