BX · 8-K · 20260723PR313250

Investment Income Drivers

Blackstone Inc. · 2026-07-23 · Importance 69 · Surprise 64

Total investment income increased to $2.473 billion in 2Q26 from $1.606 billion in 2Q25, a 54% year-over-year increase. Realized performance allocations increased 65% to $1.365 billion, while unrealized performance allocations increased 87% to $587 million. Realized principal investment income rose 9% to $106 million, and unrealized principal investment income increased 14% to $415 million. Year-to-date investment income reached $3.617 billion, including $2.468 billion of realized performance allocations and $871 million of unrealized performance allocations.

Key facts