BlackRock, Inc.
For the period ended Sep 30, 2026. Filed Nov 4, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 4, 2026
Contents
Condensed Consolidated Statements of Financial Condition
| September 30, | December 31, | |
|---|---|---|
| (in millions, except shares and per share data) | 2026 | 2025 |
| Assets | ||
| Cash and cash equivalents(1) | $12,877 | $11,468 |
| Accounts receivable | 5,762 | 5,158 |
| Investments(1) | 15,384 | 13,271 |
| Separate account assets | 65,056 | 60,098 |
| Separate account collateral held under securities lending agreements | 5,465 | 7,922 |
| Property and equipment (net of accumulated depreciation and amortization of $1,929 and $1,692 at September 30, 2026 and December 31, 2025, respectively) | 1,306 | 1,256 |
| Intangible assets (net of accumulated amortization of $2,235 and $1,482 at September 30, 2026 and December 31, 2025, respectively) | 27,139 | 27,968 |
| Goodwill | 35,204 | 35,283 |
| Operating lease right-of-use assets | 1,844 | 1,874 |
| Other assets(1) | 7,861 | 5,700 |
| Total assets | $177,898 | $169,998 |
| Liabilities | ||
| Accrued compensation and benefits | $3,431 | $3,830 |
| Accounts payable and accrued liabilities | 1,982 | 1,740 |
| Borrowings | 12,740 | 12,768 |
| Separate account liabilities | 65,056 | 60,098 |
| Separate account collateral liabilities under securities lending agreements | 5,465 | 7,922 |
| Contingent consideration liabilities | 5,858 | 8,429 |
| Deferred income tax liabilities | 4,271 | 4,618 |
| Operating lease liabilities | 2,245 | 2,228 |
| Other liabilities(1) | 9,075 | 6,823 |
| Total liabilities | 110,123 | 108,456 |
| Commitments and contingencies (Note 15) | ||
| Temporary equity | ||
| Redeemable noncontrolling interests ("NCI") - consolidated sponsored investment products ("CIPs") | 3,850 | 2,636 |
| Redeemable NCI - BlackRock Saturn Subco, LLC ("Subco") | — | 2,791 |
| Permanent equity | ||
| BlackRock, Inc. stockholders’ equity | ||
| Common stock, $0.01 par value; | 2 | 2 |
| Shares authorized: 500,000,000 at September 30, 2026 and December 31, 2025; Shares issued: 156,276,289 at both September 30, 2026 and December 31, 2025; Shares outstanding: 154,606,029 and 155,069,171 at September 30, 2026 and December 31, 2025, respectively | ||
| Additional paid-in capital | 19,637 | 19,748 |
| Retained earnings | 40,976 | 37,899 |
| Accumulated other comprehensive loss | (680) | (545) |
| Treasury stock, common, at cost (1,670,260 and 1,207,118 shares held at September 30, 2026 and December 31, 2025, respectively) | (1,804) | (1,216) |
| Total BlackRock, Inc. stockholders’ equity | 58,131 | 55,888 |
| Nonredeemable NCI - CIPs | 354 | 227 |
| Nonredeemable NCI - Subco | 5,440 | — |
| Total permanent equity | 63,925 | 56,115 |
| Total liabilities, temporary equity and permanent equity | $177,898 | $169,998 |
(1)
At September 30, 2026, cash and cash equivalents, investments, other assets and other liabilities include$306 million,$9.1 billion,$63 million and$3.8 billion, respectively, related to consolidated variable interest entities (“VIEs”). At December 31, 2025, cash and cash equivalents, investments, other assets and other liabilities include$428 million,$8.5 billion,$76 million and$4.1 billion, respectively, related to consolidated VIEs.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.