Blackstone Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 16.85B | 7.45B | 7.44B | 11.37B | 13.83B | 21.6% | |
| Cost of Revenue | (198.27M) | (317.23M) | (431.87M) | (443.69M) | (1.93B) | 334.8% | |
Gross Profit | 16.65B | 7.13B | 7.01B | 10.93B | 11.90B | 8.9% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (928.22M) | (1.12B) | (1.24B) | (1.38B) | (1.55B) | 12.0% | |
| General & Administrative | (928.22M) | (1.12B) | (1.24B) | (1.38B) | (1.55B) | 12.0% | |
| Depreciation & Amortization | (74.87M) | (67.10M) | (40.08M) | (35.97M) | (35.90M) | -0.2% | |
Operating Income (EBIT) | 13.56B | 3.46B | 2.96B | 6.46B | 7.18B | 11.1% | |
| Non-Operating Items | |||||||
| Interest Income | 160.64M | 271.61M | 516.50M | 411.16M | 416.09M | 1.2% | |
| Interest Expense | (198.27M) | (317.23M) | (431.87M) | (443.69M) | (508.31M) | 14.6% | |
| Other Income/Expenses (Net) | — | — | — | — | -6.64M | — | |
Income Before Tax | 13.56B | 3.46B | 2.96B | 6.46B | 7.17B | 11.0% | |
| Income Tax Expense | (1.18B) | (472.88M) | (513.46M) | (1.02B) | (1.13B) | 10.1% | |
Net Income | 5.86B | 1.75B | 1.39B | 2.78B | 3.02B | 8.7% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $8 | $2 | $2 | $4 | $4 | 7.2% | |
| Weighted Avg Shares Outstanding | 719.77M | 740.66M | 755.20M | 766.49M | 780.92M | 1.9% | |
| Weighted Avg Shares Outstanding (Diluted) | 720.13M | 740.94M | 755.42M | 766.65M | 780.92M | 1.9% | |
EBITDA | 13.63B | 3.53B | 3.00B | 6.50B | 7.21B | 11.1% |
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