BlackRock, Inc. (BLK) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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BLK Revenue Growth
Revenue Breakdown (FY 2024)
BLK's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
BLK Revenue Analysis (2013–2024)
As of May 8, 2026, BlackRock, Inc. (BLK) generated trailing twelve-month (TTM) revenue of $22.89 billion, reflecting exceptional growth of +25.2% year-over-year. The most recent quarter (Q3 2025) recorded $6.51 billion in revenue, up 20.0% sequentially.
Looking at the longer-term picture, BLK's 5-year compound annual growth rate (CAGR) stands at +7.0%, indicating steady revenue expansion. The company achieved its highest annual revenue of $20.41 billion in 2024, representing a new all-time high.
Revenue diversification analysis shows BLK's business is primarily driven by Investment Advice (79%), Technology Service (8%), and Distribution and Shareholder Service (6%). With over half of revenue concentrated in Investment Advice, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including STT, BEN, and IVZ. Compare BLK vs STT →
BLK Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BLKCurrent | $22.9B | +25.2% | +7.0% | 37.1% | |
 STT | $22.0B | - | - | 15.5% | |
 BEN | $8.8B | - | - | 6.9% | |
 IVZ | $6.4B | - | - | -10.9% | |
 AMG | $2.4B | - | - | 31.8% | |
 TROW | $7.3B | - | - | 29.9% |
BLK Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $20.41B | - | $10.09B | 49.4% | $7.57B | 37.1% |
| 2023 | $17.86B | - | $8.58B | 48.1% | $6.28B | 35.1% |
| 2022 | $17.87B | - | $8.68B | 48.6% | $6.38B | 35.7% |
| 2021 | $19.37B | - | $9.82B | 50.7% | $7.45B | 38.5% |
| 2020 | $16.20B | - | $8.27B | 51.0% | $5.70B | 35.1% |
| 2019 | $14.54B | - | $7.41B | 50.9% | $5.55B | 38.2% |
| 2018 | $14.20B | - | $7.21B | 50.7% | $5.46B | 38.4% |
| 2017 | $13.60B | - | $6.79B | 49.9% | $5.25B | 38.6% |
| 2016 | $12.26B | - | $6.02B | 49.1% | $4.57B | 37.3% |
| 2015 | $11.40B | - | $6.17B | 54.1% | $4.66B | 40.9% |
Full BLK Stock Analysis
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Start ComparisonBLK — Frequently Asked Questions
Quick answers to the most common questions about buying BLK stock.
Is BLK's revenue growth accelerating or slowing?
BLK revenue is accelerating at +25.2% year-over-year, exceeding the 5-year CAGR of +7.0%. TTM revenue reached $22.9B. Growth momentum has increased versus prior periods.
What is BLK's long-term revenue growth rate?
BlackRock, Inc.'s 5-year revenue CAGR of +7.0% reflects the sustained expansion pattern. Current YoY growth of +25.2% is above this long-term average.
How is BLK's revenue distributed by segment?
BLK reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.