BlackRock reported a 41% increase in quarterly revenue over the eight quarters through March 2026, compared with 13% for Invesco. BlackRock's revenue rose from $4.8 billion in the second quarter of 2024 to $6.8 billion in the first quarter of 2026, while Invesco's grew from $1.5 billion to $1.7 billion over the same period. BlackRock, the world's largest asset manager with $14 trillion in assets under management, generated a net income margin of approximately 33% in the first quarter of 2026. Invesco, which manages about $2.5 trillion in assets, posted a net income margin of roughly 15% in the same quarter. Both firms earn revenue primarily as a percentage of assets under management, with BlackRock dominating the global ETF market through its iShares funds and Invesco focusing on actively managed funds and the Nasdaq-100.
BlackRock IncBlackRock reported 41% revenue growth and 33% net income margin, outperforming Invesco.
Invesco PlcInvesco's revenue growth of 13% and 15% net income margin lagged BlackRock's performance.