v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Performance Allocations        
Realized $ 1,365,175 $ 829,820 $ 2,468,348 $ 1,391,870
Unrealized 587,140 313,283 870,592 576,484
Principal Investments        
Realized 105,585 97,171 248,605 282,713
Unrealized 414,821 365,391 29,819 524,104
Total Investment Income 2,472,721 1,605,665 3,617,364 2,775,171
Interest and Dividend Revenue 134,224 100,389 242,164 197,809
Other 11,947 (225,063) 62,920 (298,673)
Total Revenues 5,043,978 3,711,900 8,661,573 7,001,358
Expenses        
Compensation 963,026 870,358 2,129,923 1,899,720
Incentive Fee Compensation 49,716 67,363 104,084 124,392
Performance Allocations Compensation        
Realized 565,264 331,191 998,713 573,081
Unrealized 236,129 152,618 325,830 256,177
Total Compensation and Benefits 1,814,135 1,421,530 3,558,550 2,853,370
General, Administrative and Other 409,110 360,817 781,931 693,190
Interest Expense 145,023 135,822 282,076 253,937
Fund Expenses 7,344 14,434 15,348 26,538
Total Expenses 2,375,612 1,932,603 4,637,905 3,827,035
Other Income        
Net Gains from Fund Investment Activities 140,086 136,330 239,841 193,905
Total Other Income 140,086 136,330 239,841 193,905
Income Before Provision for Taxes 2,808,452 1,915,627 4,263,509 3,368,228
Provision for Taxes 452,386 289,494 649,536 533,321
Net Income 2,356,066 1,626,133 3,613,973 2,834,907
Net Income Attributable to Redeemable Non-Controlling Interests in Consolidated Entities 5,154 18,209 26,164 26,109
Net Income Attributable to Non-Controlling Interests in Consolidated Entities 175,649 240,836 293,016 341,383
Net Income Attributable to Non-Controlling Interests in Blackstone Holdings 946,074 602,844 1,415,875 1,088,319
Net Income Attributable to Blackstone Inc. $ 1,229,189 $ 764,244 $ 1,878,918 $ 1,379,096
Net Income Per Share of Common Stock        
Basic $ 1.54 $ 0.98 $ 2.37 $ 1.77
Diluted $ 1.54 $ 0.98 $ 2.37 $ 1.77
Weighted-Average Shares of Common Stock Outstanding        
Basic 799,882,459 782,386,121 792,647,549 777,120,501
Diluted 799,897,435 782,401,237 793,137,073 777,447,168
Management and Advisory Fees, Net        
Revenues        
Revenues $ 2,266,006 $ 2,035,495 $ 4,414,626 $ 3,939,812
Incentive Fees        
Revenues        
Revenues $ 159,080 $ 195,414 $ 324,499 $ 387,239