Record Assets Under Management (AUM)
BlackRock finished the second quarter with a record AUM of $12.5 trillion, indicating strong growth and market positioning.
Double-Digit Growth in Key Financial Metrics
BlackRock achieved double-digit year-over-year growth in revenue, operating income, and earnings per share, with EPS up 16% to $12.05.
Strong Organic Growth
The company posted 6% organic base fee growth in the second quarter, marking the fourth consecutive quarter of 5% or higher growth.
Successful Fundraising in Private Markets
GIP V closed above its $25 billion target, marking the largest private market fundraise in BlackRock’s and GIP’s histories.
Expansion into Digital Assets
BlackRock's digital asset ETPs and active ETFs added $14 billion and $11 billion in net inflows, respectively, showcasing strong demand and innovation in this sector.
Significant Net Inflows
Excluding low-fee institutional index outflows, BlackRock delivered approximately $116 billion of net inflows in the quarter.
Acquisition of HPS Investment Partners
The acquisition of HPS added $165 billion of client AUM and is expected to contribute approximately $450 million in revenue.