v3.26.1
Reconciliation of Total Segments to Reported on the Consolidated Statements of Operations (Detail) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting Information [Line Items]        
Revenues [1] $ (15,710) $ (15,483) $ (31,522) $ (27,802)
Investment Income — Realized Performance Allocations 1,365,175 829,820 2,468,348 1,391,870
Realized Performance Revenues 793,391 472,050 1,281,489 765,965
Compensation 963,026 870,358 2,129,923 1,899,720
Incentive Fee Compensation 49,716 67,363 104,084 124,392
Realized Performance Allocations Compensation 565,264 331,191 998,713 573,081
Realized Performance Revenues 1,524,255 1,025,234 2,792,847 1,779,109
Segment Adjustment [2] 21 (63) 21 0
Total Compensation and Benefits 1,578,006 1,268,912 3,232,720 2,597,193
General, Administrative and Other 409,110 360,817 781,931 693,190
General, Administrative and Other [3] (28,980) (28,574) (58,346) (54,072)
Investment Income — Realized Performance Allocations 1,365,175 829,820 2,468,348 1,391,870
Realized Performance Revenues 1,524,255 1,025,234 2,792,847 1,779,109
Realized Performance Compensation (614,980) (398,554) (1,102,797) (697,473)
Investment Income Realized 105,585 97,171 248,605 282,713
Investment Income Realized [4] (78,086) (67,750) (189,133) (135,382)
Investment Income Realized 27,499 29,421 59,472 147,331
Segment Adjustment [5] 0 46 29 (19,027)
Less: Fee Related Performance Compensation [6] (262,446) (136,407) (374,693) (207,153)
Total Segment 614,980 398,554 1,102,797 697,473
Management and Advisory Fees, Net        
Segment Reporting Information [Line Items]        
Revenues 2,266,006 2,035,495 4,414,626 3,939,812
Incentive Fees        
Segment Reporting Information [Line Items]        
Revenues 159,080 195,414 324,499 387,239
Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 2,250,296 2,020,012 4,383,104 3,912,010
Realized Performance Revenues 793,391 472,050 1,281,489 765,965
Realized Performance Revenues 730,885 553,121 1,511,379 1,013,144
Realized Performance Revenues (793,391) (472,050) (1,281,489) (765,965)
General, Administrative and Other 380,130 332,243 723,585 639,118
Realized Performance Revenues 730,885 553,121 1,511,379 1,013,144
Less: Realized Performance Revenues (730,885) (553,121) (1,511,379) (1,013,144)
Realized Performance Compensation (344,124) (256,624) (708,180) (477,548)
Investment Income Realized 27,499 29,421 59,472 147,331
Less: Equity-Based Compensation — Fee Related Compensation (345,343) (306,495) (895,046) (770,548)
Less: Equity-Based Compensation — Performance Compensation (8,410) (5,523) (19,924) (12,772)
Total Compensation and Benefits 880,129 700,316 1,609,599 1,317,298
Less: Equity-Based Compensation — Performance Compensation (8,410) (5,523) (19,924) (12,772)
Total Segment 344,124 256,624 708,180 477,548
Operating Segments | Management and Advisory Fees, Net        
Segment Reporting Information [Line Items]        
Revenues $ 2,250,296 $ 2,020,012 $ 4,383,104 $ 3,912,010
[1] Represents (1) the add back of net management fees earned from consolidated Blackstone funds which have been eliminated in consolidation, and (2) the removal of amounts attributable to the reimbursement of certain expenses by the Blackstone Funds and certain NAV-based fee arrangements, which are presented on a gross basis under GAAP but as a reduction of Management and Advisory Fees, Net in the Total Segment measures.
[2] Represents the add back of Performance Revenues earned from consolidated Blackstone funds which have been eliminated in consolidation.
[3] Represents the (1) removal of Transaction-Related and Non-Recurring Items that are not recorded in the Total Segment measures, (2) removal of amounts attributable to certain expenses that are reimbursed by the Blackstone Funds and certain NAV-based fee arrangements, which are presented on a gross basis under GAAP but as a reduction of Management and Advisory Fees, Net in the Total Segment measures, and (3) a reduction equal to an administrative fee collected on a quarterly basis from certain holders of Blackstone Holdings Partnership Units which is accounted for as a capital contribution under GAAP, but is reflected as a reduction of Other Operating Expenses in Blackstone’s segment presentation.
[4] Represents (1) the add back of Principal Investment Income, including general partner income, earned from consolidated Blackstone funds which have been eliminated in consolidation, and (2) the removal of amounts associated with the ownership of Blackstone consolidated operating partnerships held by non-controlling interests.
[5] Represents the removal of Transaction-Related and Non-Recurring Items that are not recorded in the Total Segment measures.
[6] Fee related performance compensation may include equity-based compensation based on fee related performance revenues.