BX
Blackstone Inc.Previous close
118.51
Change
−2.09 / −1.73%
P/E (TTM) ?
41.6
Market Cap
$148B
1M
+5.73%
S&P 500 −0.91% over same period
Volume / Avg Volume
5.2M / 6.2M
0.84× average
Latest earnings analysisFY2026 Q2Reported 2026-07-23
Blackstone Q2 2026: revenue up 35.9%, EPS $1.54 beats $1.39 estimate
Blackstone's second quarter was a blowout: revenue of $5.04 billion, up 35.9%, and diluted EPS of $1.54, 57.1% higher and $0.15 above the $1.3904 consensus. The catch is where the money came from — $1.95 billion of performance allocations, which are marks, not fees. Read the quarter as a strong but lumpy one, with the fee engine still growing.
Read the full analysis →Revenue$5.04BYoY +35.90%
EPS$1.54Beatest. $1.39
Next-day move+4.42%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-23 | $5.0B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-23 | $3.6B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-01-29 | $14.5B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-23 | $3.1B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-24 | $3.7B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-17 | $3.3B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 34 of its 5-year rangeMid-range
5-year range 28.3 – 68.5 · Median 45.2
Last 4 quarters: $0 in buybacks + $6.4B in dividends, 4.33% of market cap combined
P/E (TTM)
41.6
P/B
16.8
P/S
9.2
Dividend Yield
3.10%
Earnings Reaction
Over the last 6 reports, the stock moved ±2.2% on average on the first trading day after, rising 1 times
Most recent +4.42%
Volatility & Correlation
1-year beta 1.31 · Correlation with S&P 500 0.45High beta
Annualized volatility 37% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 5 · $35.1MSell 13 · $1,250MNet selling $1,215M
- 10-21Blackstone Holdings IV L.P.Buy$2.7M104,054.449 shares · 2 trades · Avg price 26.20
- 10-13BX Buzz ML-1 GP LLCSell$9.8M2,763,510 shares · 7 trades · Avg price 3.54
- 09-28BX Buzz ML-1 GP LLCSell$11.1M3,767,776 shares · 7 trades · Avg price 2.94
- 09-25Blackstone Holdings I L.P.Sell$2.0M124,600 shares · Avg price 16.40
- 09-24Blackstone Holdings I L.P.Sell$0.01M400 shares · Avg price 17.02
- 09-23Blackstone Holdings IV L.P.Buy$5.0M191,695.131 shares · 2 trades · Avg price 26.17
- 09-18Baratta JosephDirectorSell$12.4M100,000 shares · 2 trades · Avg price 123.80
- 08-25Blackstone Holdings II L.P.Sell$56.2M2,572,560 shares · 2 trades · Avg price 21.85
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q2 | 5.04 | +35.9% | — | 1.23 | 1.54 |
| FY2026 Q1 | 3.62 | +10.0% | — | 0.65 | 0.83 |
| FY2025 Q4 | 4.36 | +41.4% | — | 1.02 | 1.29 |
| FY2025 Q3 | 3.09 | −15.7% | — | 0.62 | 0.80 |
| FY2025 Q2 | 3.71 | +32.7% | — | 0.76 | 0.98 |
| FY2025 Q1 | 3.29 | −10.8% | — | 0.61 | 0.80 |
| FY2024 Q4 | 3.08 | +139.9% | — | 0.70 | 0.91 |
| FY2024 Q3 | 3.66 | +44.1% | — | 0.78 | 1.02 |
| FY2024 Q2 | 2.80 | −0.7% | — | 0.44 | 0.58 |
| FY2024 Q1 | 3.69 | +166.9% | — | 0.85 | 1.11 |
| FY2023 Q4 | 1.29 | −24.6% | — | 0.15 | 0.21 |
| FY2023 Q3 | 2.54 | +140.2% | — | 0.55 | 0.73 |