Executive Summary
In Q1 2025, BlackRock Inc reported revenues of $5.276 billion, demonstrating a year-over-year increase of 7.7% compared to Q1 2024. However, the quarter displayed a decline of 7.06% from the previous quarter, reflecting market volatility and challenges in asset management. Operating income also saw a decrease, coming in at $1.698 billion, down 18.17% quarter-over-quarter, but maintaining a slight increase year-over-year. Despite the decline in net income to $1.51 billion (-9.58% QoQ), the results indicate resilience amid a fluctuating investment landscape.
Management noted that while the financial services industry faces challenges, BlackRock continues to adapt through technology investments and enhanced client solutions, setting a foundation for long-term growth. The firm remains committed to delivering performance as it navigates shifts in market dynamics, particularly in the wake of interest rate changes and inflationary pressures, which are impacting investment behaviors across the board.
Key Performance Indicators
Revenue
5.28B
QoQ: -7.06% | YoY:7.70%
Gross Profit
2.53B
47.88% margin
QoQ: -9.66% | YoY:-35.15%
Operating Income
1.70B
QoQ: -18.17% | YoY:0.30%
Net Income
1.51B
QoQ: -9.58% | YoY:-4.01%
EPS
9.74
QoQ: -9.65% | YoY:-7.94%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue:** $5.276 billion (YoY: +7.7%, QoQ: -7.06%)
- **Gross Profit:** $2.526 billion (YoY: -35.15%, QoQ: -9.66%)
- **Operating Income:** $1.698 billion (YoY: +0.30%, QoQ: -18.17%)
- **Net Income:** $1.510 billion (YoY: -4.01%, QoQ: -9.58%)
- **EPS:** $9.74 (YoY: -7.94%, QoQ: -9.65%)