BlackRock reports $13.91 EPS and $7.08B revenue, beating estimates as assets under management reach $15.3 trillion.
BlackRock posted second-quarter non-GAAP earnings per share of $13.91, surpassing estimates by $1.26, as revenue climbed 30.6% year-over-year to $7.08 billion. The firm exceeded revenue expectations by $240 million, driven by strong organic growth.
Assets under management rose to $15.3 trillion, supported by $868 billion in net inflows over the past twelve months. Organic base fee growth reached 10%, reflecting sustained client demand and market performance.
The results highlight BlackRock’s continued expansion in asset management amid favorable market conditions and investor inflows.