Three Months Ended

March 31,

(in millions, except shares and per share data)

2026

2025

Basic net income attributable to BlackRock, Inc.

$

2,212

$

1,510

Add: Incremental net income from dilutive securities - NCI - Subco

108

—

Diluted net income attributable to BlackRock, Inc.

$

2,320

$

1,510

Basic weighted-average shares outstanding

155,308,809

155,038,772

Dilutive effect of:

   Nonparticipating RSUs

1,664,513

1,111,006

   Stock options

385,888

482,245

   Subco Units

7,641,897

—

Total diluted weighted-average shares outstanding

165,001,107

156,632,023

Basic earnings per share

$

14.24

$

9.74

Diluted earnings per share

$

14.06

$

9.64