Financials in USD. Standardized financial statements.
A compact view of how Blackstone Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $13.83B | $11.37B | $7.44B | $7.45B | $16.85B | $5.40B | $6.37B | $5.96B | $5.98B | $4.46B |
| Revenue Growth? | +21.6% | +52.9% | -0.2% | -55.8% | +212.1% | -15.3% | +6.9% | -0.3% | +33.9% | 0.0% |
| Cost of Revenue? | $1.93B | $443.69M | $431.87M | $317.23M | $198.27M | $166.16M | $199.65M | $163.99M | $197.49M | $152.65M |
| Gross Profit? | $11.90B | $10.93B | $7.01B | $7.13B | $16.65B | $5.23B | $6.17B | $5.80B | $5.78B | $4.31B |
| Gross Margin? | +86.0% | +96.1% | +94.2% | +95.7% | +98.8% | +96.9% | +96.9% | +97.2% | +96.7% | +96.6% |
| Operating Expenses? | $4.72B | $4.47B | $4.05B | $3.67B | $3.09B | $2.62B | $2.36B | $2.28B | $1.66B | $1.93B |
| Operating Income? | $7.18B | $6.46B | $2.96B | $3.46B | $13.56B | $2.62B | $3.82B | $3.51B | $4.12B | $2.38B |
| EBITDA? | $7.21B | $6.50B | $3.00B | $3.53B | $13.63B | $2.69B | $3.89B | $3.57B | $4.16B | $2.46B |
| Income Before Tax | $7.17B | $6.46B | $2.96B | $3.46B | $13.56B | $2.62B | $3.82B | $3.51B | $4.12B | $2.38B |
| Income Tax Expense | $1.13B | $1.02B | $513.46M | $472.88M | $1.18B | $356.01M | -$47.95M | $249.39M | $743.15M | $132.36M |
| Net Income? | $3.02B | $2.78B | $1.39B | $1.75B | $5.86B | $1.05B | $2.05B | $1.54B | $1.47B | $1.04B |
| EPS? | $3.88 | $3.62 | $1.84 | $2.36 | $8.14 | $1.50 | $3.03 | $2.27 | $2.21 | $1.60 |
| Diluted EPS? | $3.88 | $3.62 | $1.84 | $2.36 | $8.13 | $1.50 | $3.03 | $2.26 | $2.21 | $1.56 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality