BlackRock reported second-quarter results that beat Wall Street expectations, with assets under management reaching a record $15.34 trillion and CEO Laurence Fink stating that the scale and depth of client relationships globally have never been greater. Revenue increased 31% year over year to $7.08 billion, topping the analyst consensus estimate of $6.70 billion, while adjusted earnings per share of $13.91 exceeded the $12.60 consensus. Total net inflows surged to $192 billion from $68 billion a year earlier, driven by $53 billion in active net inflows and record liquid alternatives inflows of $7 billion. The company also raised its planned 2026 share repurchases to $2 billion after buying back $450 million in the quarter.
BlackRock IncBlackRock reported Q2 earnings and revenue that beat expectations, with record AUM and strong inflows.