BlackRock, Inc. (BLK) Earnings Call Transcripts

BlackRock, Inc.'s Latest Earnings Call - Q3 FY2026

In the third quarter of 2026, BlackRock, Inc. reported a significant increase in revenue and earnings, with total revenue reaching $7.8 billion, a 19% year-over-year increase, and earnings per share (EPS) of $15.93, up 38% from the previous year. The company generated $205 billion in net inflows, contributing to an organic base fee growth of 11%, marking the ninth consecutive quarter above 5%. Management maintained a positive outlook, highlighting strong momentum heading into the fourth quarter and a robust pipeline of opportunities, particularly in private markets and technology-driven investments.

Reported metrics

Guidance from management

Management expressed confidence in continued growth, particularly in private markets and technology investments, with expectations for strong performance in the fourth quarter. They maintained a long-term outlook of low to mid-teens ACV growth.

What management said

Good morning, everyone. I'm Chris Meade, the General Counsel of BlackRock. Before we begin, I'd like to remind you that during the course of this call, we may make a number of forward-looking statements. We call your attention to the fact that BlackRock's actual results may, of course, differ from these statements. As you know, BlackRock has filed reports with the SEC, which lists some of the factors that may cause t...

Thank you, operator. I want to thank everybody for joining this call this morning and for your continued interest in BlackRock. Our quarter's result reflects a clear view yet of the strength of our integrated platform. I think we can all see the investments we made are showing up in the growth well above our targets. We're just getting started on what we can achieve in the years ahead. We have growing momentum headin...

What analysts pressed on

Analysts raised questions about the impact of rising interest rates on client allocations and the potential slowdown in AI-related investments due to higher financing costs. There were concerns regarding how these factors might affect future inflows and overall market dynamics.

Main topics on the call

• Record Revenue and EPS Growth — BlackRock achieved record revenue of $7.8 billion and EPS of $15.93, reflecting a year-over-year increase of 19% and 38%, respectively. Management noted, "High momentum across our business is translating into stronger fi...
• Strong Net Inflows — The firm reported $205 billion in net inflows for the quarter, driven by broad-based demand across various asset classes and client channels. Laurence Fink stated, "We've generated net inflows across every asset class, e...
• Margin Expansion — Operating margin reached 47.8%, up 320 basis points year-over-year, indicating effective cost management and operational efficiency. Martin Small highlighted, "We continue to deliver industry-leading margins," reinforcin...
• Continued Demand for Private Markets — Management emphasized a strong pipeline in private markets, with $25 billion raised in private credit. Fink noted, "We have a strong pipeline of future capital raises and deployment opportunities," indicating confidence ...

Read the full BlackRock, Inc. transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 62 BlackRock, Inc. earnings call transcripts on record, spanning January 15, 2020 to October 14, 2026. Based on this history, BlackRock, Inc. reports quarterly. The most recent call on file is dated October 14, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

BLK

Exchange

NYSE

Country

US

Sector

Financials

Industry

Capital Markets

Calls on record

62

First call

January 15, 2020

Most recent

October 14, 2026

Reporting cadence

quarterly