BlackRock, Inc.
Close on Nov 2, 2026Market cap $379.27BP/E 27.9Yield 1.79%
BlackRock Revenue Used for Operating Margin Measurement by Year
Revenue Used for Operating Margin Measurement (Non-GAAP / As Adjusted) ($M)
BlackRock Revenue Used for Operating Margin Measurement: $21,756M in FY2025, up 19.3% from a year earlier. That is the highest of the 10 years on record here.
Where the FY2025 figure comes from
“|| Revenue used for operating margin measurement | $ | 6,332 | $ | 5,112 | $ | 5,871 | $ | 21,756 | $ | 18,236”
Source: 8-K EX-99.1 (4Q25, filed 2026-01-15) ↗
GAAP Revenue less Distribution Fees and distribution-related Investment Advisory Fees pass-throughs.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Revenue Used for Operating Margin Measurement (Non-GAAP / As Adjusted) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 21,756 | +19.3% | 8-K EX-99.1 (4Q25, filed 2026-01-15) ↗ |
| FY2024 | Dec 31, 2024 | 18,236 | +15.4% | 8-K EX-99.1 (4Q25, filed 2026-01-15) ↗ |
| FY2023 | Dec 31, 2023 | 15,808 | +0.7% | 8-K EX-99.1 (4Q24, filed 2025-01-15) ↗ |
| FY2022 | Dec 31, 2022 | 15,694 | -8.6% | 8-K EX-99.1 (4Q23, filed 2024-01-12) ↗ |
| FY2021 | Dec 31, 2021 | 17,174 | +19.5% | 8-K EX-99.1 (4Q22, filed 2023-01-13) ↗ |
| FY2020 | Dec 31, 2020 | 14,370 | +11.8% | 8-K EX-99.1 (4Q21, filed 2022-01-14) ↗ |
| FY2019 | Dec 31, 2019 | 12,854 | +2.6% | 8-K EX-99.1 (4Q20, filed 2021-01-14) ↗ |
| FY2018 | Dec 31, 2018 | 12,523 | +4.9% | 8-K EX-99.1 (4Q19, filed 2020-01-15) ↗ |
| FY2017 | Dec 31, 2017 | 11,937 | +11.6% | 8-K EX-99.1 (4Q18, filed 2019-01-16) ↗ |
| FY2016 | Dec 31, 2016 | 10,692 | – | 8-K EX-99.1 (4Q17, filed 2018-01-12) ↗ |
Breakdown
What makes up revenue Used for Operating Margin Measurement
Cite this data
StockData. (2026). BlackRock Revenue Used for Operating Margin Measurement ($M), annual FY2016–FY2025 [Data set]. Compiled from BlackRock SEC filings and investor materials. https://stockdatahq.com/stocks/blk/kpis/g6-rev-opmargin-meas
See every metric in the BlackRock KPI table. Data updated Oct 25, 2026.