BlackRock Q3 2026: revenue up 19.1%, adjusted EPS $15.93 tops consensus
BlackRock beat on the number management controls and missed on the one accounting produced: adjusted EPS of $15.93 cleared the $14.27 consensus, while GAAP EPS of $10.57 did not. Revenue rose 19.1% to $7.75 billion on $205.47 billion of quarterly net inflows. Read the GAAP-to-adjusted gap before reacting — most of it is a noncash charge tied to the share price.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS of $10.57 is up 25.4% year over year yet sits far below the $14.27 consensus figure, because that consensus is an adjusted measure. On BlackRock's adjusted basis EPS was $15.93, up 37.9%, clearing consensus by roughly $1.66, or 11.6%. The gap between the two lines is mostly a $564 million noncash charge from revaluing acquisition-related contingent consideration.
Revenue of $7.75 billion rose 19.1% from $6.51 billion a year earlier and 9.4% from $7.08 billion in the second quarter. Base fees and securities lending supplied $6.04 billion of the total, while performance fees jumped to $0.63 billion from $0.52 billion. Growth came from more assets and better markets, not from charging more.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-05
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