Blackstone Group (BX)
NYSE:BX
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Earnings Data
Report Date
Jul 16, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.36Last Year’s EPS
1.21Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights broad-based strength across earnings, fee growth, fundraising and AUM expansion, led by infrastructure, data centers and diversified credit and wealth momentum. Management acknowledged near-term headwinds from geopolitical volatility, slower realization activity, concentrated software valuation pressures and retail redemptions in some credit retail vehicles (BCRED). On balance, the firm's scale, recordable embedded performance revenue, strong institutional demand, fundraising successes and positioning in AI-related infrastructure outweigh the near-term execution and market headwinds.Company Guidance
Strong Earnings and Dividend
GAAP net income of $1.3 billion; distributable earnings of $1.8 billion ($1.36 per common share), up 25% year-over-year; declared dividend of $1.16 per share.
Material Growth in Fee-Related Metrics
Fee-related earnings grew 23% YoY to $1.5 billion ($1.26 per share); fee revenues rose 20% YoY to $2.6 billion; total management fees reached a record $2.1 billion, up 13% YoY.
Recordable AUM and Large Inflows
Total assets under management exceeded $1.3 trillion, up 12% YoY; inflows of $69 billion in Q1 and nearly $250 billion over the last 12 months.
Exceptional Infrastructure and Data Center Performance
Infrastructure appreciated 7.8% in Q1 and 25% over the last 12 months; firm reports over $150 billion of data centers owned or under construction and a $160 billion prospective pipeline; dedicated infrastructure AUM grew 41% YoY to $84 billion.
Strong Fundraising Across Multiple Strategies
Life Sciences flagship (BXLX6) hit $6.3 billion hard cap (about +40% vs prior vintage); corporate private equity Asia flagship nearly $12 billion toward a $13 billion cap; secondaries raised $6 billion in Q1 (total $11 billion to date); opportunistic credit final close oversubscribed to >$10 billion investable capital.
Credit Platform Expansion and Performance
Total credit assets managed $536 billion, up 15% YoY with $40 billion of inflows in Q1; investment-grade private credit grew 23% YoY to ~$130 billion; non-investment-grade private credit strategies have generated ~9.4% net annual returns since inception (BCRE D figure cited).
Private Wealth Momentum
Private wealth AUM increased 14% YoY to $310 billion and is nearly threefold over 5 years; Q1 private wealth sales totaled $10 billion (including $7 billion into perpetual strategies); BREIT raised $1.2 billion in Q1 (up 44% YoY) and BXP raised $2.5 billion.
Resilient Investment Performance Across Many Portfolios
BXMA crossed $100 billion AUM, delivered 24th consecutive quarter of positive returns with 1.7% in Q1 and >12% LTM; corporate private equity appreciated 3.2% in Q1 and 16% LTM; non-investment-grade real estate credit appreciated 2.3% in Q1 and >14% LTM.
Increasing Embedded Earnings Power
Net accrued performance revenue up 9% YoY to $7 billion (equivalent to $5.69 per share); performance revenue eligible AUM grew 9% YoY to a record $635 billion.
BX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2026 | $129.73 | $122.33 | -5.70% |
Jan 29, 2026 | $145.10 | $141.30 | -2.62% |
Oct 23, 2025 | $158.46 | $151.85 | -4.17% |
Jul 24, 2025 | $167.47 | $173.46 | +3.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Blackstone Group (BX) report earnings?
Blackstone Group (BX) is schdueled to report earning on Jul 16, 2026, Before Open (Confirmed).
What is Blackstone Group (BX) earnings time?
Blackstone Group (BX) earnings time is at Jul 16, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BX EPS forecast?
BX EPS forecast for the fiscal quarter 2026 (Q2) is 1.36.
