BlackRock statistics for the most recent quarter put Assets Under Management at $13.9 trillion as of March 31, 2026, holding the firm’s position as the world’s largest asset manager by a wide margin. The figure sits just below the $14 trillion in AUM the firm reported at the end of 2025 following record $698 billion of full-year net inflows, a small market-driven dip rather than any retreat in client demand.
Key Takeaways
- BlackRock managed Assets Under Management of $13.9 trillion at March 31, 2026, the largest book in the industry.
- The firm drew $130 billion of quarterly total net inflows, led by a record first quarter for iShares ETFs alongside active and private markets net inflows in Q1 2026.
- Quarterly results showed a 27% increase in revenue year-over-year, with first-quarter 2026 diluted EPS of $14.06, or $12.53 as adjusted.
- BlackRock reported 22% growth in technology services and subscription revenue year-over-year, driven by continued momentum in Aladdin and the impact of the Preqin Transaction.
- Full-year 2025 net inflows hit a record $698 billion, including $342 billion in the fourth quarter.
- BlackRock’s spot Bitcoin ETF held Net Assets of Fund $58,118,957,375 as of May 29, 2026.
- The board raised the quarterly dividend 10% to $5.73 per share and bought back $450 million of shares in the current quarter.
Editor’s Choice
- Assets Under Management of $13.9 trillion at March 31, 2026, the end of Q1 2026.
- $130 billion in quarterly total net inflows, the firm’s headline flow figure for the quarter.
- A 66% increase in GAAP operating income year-over-year in Q1 2026.
- $14 trillion in AUM following record $698 billion of full-year net inflows at year-end 2025.
- Net Assets of Fund $58,118,957,375 as of May 29, 2026 inside the iShares Bitcoin Trust.
- Q1 2026 Base Fees and Securities Lending Revenue of $5.4 billion, the firm’s headline fee figure for the quarter.
Recent Developments
- On April 14, 2026, BlackRock reported first-quarter 2026 diluted EPS of $14.06, or $12.53 as adjusted in its quarterly SEC 8-K filing.
- The quarter featured a record first quarter for iShares ETFs alongside active and private markets net inflows.
- On January 15, 2026, the firm reported full-year 2025 diluted EPS of $35.31, or $48.09 as adjusted.
- The iShares Bitcoin Trust reported Net Assets of Fund $58,118,957,375 as of May 29, 2026, a level built since its 2024 launch.
- Q1 2026 technology services and subscription revenue rose 22% year-over-year, driven by continued momentum in Aladdin and the impact of the Preqin Transaction.
BlackRock Statistics: Assets Under Management
BlackRock managed Assets Under Management of $13.9 trillion at March 31, 2026. That asset base generated Q1 2026 Base Fees and Securities Lending Revenue of $5.4 billion in the quarter, with the firm describing its book as a broadly diversified business across clients, products and geographies.
- Assets Under Management reached $13.9 trillion in Q1 2026, the firm’s most recent quarterly total.
- That figure was down from $14 trillion at year-end 2025.
| Metric | Value |
|---|---|
| Assets Under Management (Q1 2026) | $13.9 trillion |
| Change | down from $14 trillion at year-end 2025 |
Source: BlackRock Q1 2026 Earnings Release Supplement (SEC 8-K EX-99.2)
That scale dwarfs most institutional pools. Many large pension funds and sovereign wealth vehicles often appear among BlackRock’s clients rather than its competitors, a reflection of how much of the global asset base the firm now intermediates.
BlackRock AUM Growth History
The asset base climbed across 2025 and eased back early in the next cycle.
- BlackRock reported $14 trillion in AUM at year-end 2025, following a record $698 billion of full-year net inflows.
- AUM eased to $13.9 trillion at March 31, 2026 as markets traded lower in the quarter.
We’ve tracked BlackRock’s quarterly disclosures across several reporting cycles, and the recurring signal is that headline AUM swings with market prices even in quarters when client demand stays firmly positive.
BlackRock AUM Breakdown by Asset Class
BlackRock cuts its book across product, client, style, and region, with base fees and AUM by region based on client domicile. Fees related to the HPS Transaction joined the revenue base after the alternatives deal closed.
- Total AUM stood at $13.9 trillion at March 31, 2026, reported across product, client, style, and region cuts.
- Q1 2026 drew $130 billion in quarterly total net inflows across iShares ETFs, active strategies, and private markets.
BlackRock Net Inflows by Channel
BlackRock pulled in $130 billion of quarterly total net inflows in Q1 2026, and the ETF business did the heavy lifting. The firm called Q1 a record first quarter for iShares ETFs alongside active and private markets net inflows, with the balance coming from active and private-markets strategies.
- Q1 2026 total net inflows reached $130 billion across the platform.
- Trailing-12-month net inflows totalled $744 billion.
- Trailing-12-month organic base fee growth ran at 10%.
- Full-year 2025 net inflows came to $698 billion.
| Flow measure | Figure |
|---|---|
| Q1 2026 total net inflows | $130 billion |
| Trailing-12-month net inflows | $744 billion |
| Trailing-12-month organic base fee growth | 10% |
| Full-year 2025 net inflows | $698 billion |
Source: BlackRock Q1 2026 and FY2025 Earnings Releases (SEC 8-K EX-99.1)
By the numbers: Trailing-12-month net inflows reached $744 billion of net inflows and 10% organic base fee growth over the last twelve months, a result the firm called broad-based across the platform and driven by private markets, ETFs, and systematic active strategies in its Q1 2026 release.
BlackRock Revenue and Earnings
- Revenue rose 27% year-over-year in Q1 2026.
- GAAP operating income grew 66% year-over-year.
- GAAP diluted EPS was $14.06, or $12.53 as adjusted.
- As-adjusted operating income rose 31% year-over-year.
- Technology services and subscription revenue grew 22% year-over-year.
BlackRock’s revenue rose 27% increase in revenue year-over-year in Q1 2026, a jump the firm tied to the positive impact of markets, organic base fee growth, fees related to the HPS Transaction, and higher technology services and subscription revenue. Earnings followed, with a 46% increase in GAAP diluted EPS year-over-year. The firm reported first-quarter 2026 diluted EPS of $14.06, or $12.53 as adjusted. On an operating basis, BlackRock posted a 66% increase in GAAP operating income year-over-year.
| Metric | Q1 2026 |
|---|---|
| Revenue growth (YoY) | 27% |
| GAAP operating income growth (YoY) | 66% |
| GAAP diluted EPS | $14.06 |
| As-adjusted diluted EPS | $12.53 |
Source: BlackRock Q1 2026 Earnings Release (SEC 8-K EX-99.1)
BlackRock Operating Margin and Profitability
BlackRock widened its profitability sharply at the start of the year. The firm reported a 66% increase in GAAP operating income year-over-year, with operating income outpacing cost growth across the quarter.
Larry Fink told investors that operating income, as adjusted, rose 31% year over year in the quarter. GAAP results swing more than the adjusted view because the firm excludes noncash acquisition-related items, which have been excluded from the adjusted results.
BlackRock Technology and Aladdin Revenue
Technology is BlackRock’s fastest-growing non-asset revenue line. The firm reported 22% growth in technology services and subscription revenue year-over-year, driven by continued momentum in Aladdin and the impact of the Preqin Transaction.
That growth matters because technology fees do not depend on market levels the way asset-based fees do. BlackRock folded the data business deeper into the stack after the impact of the Preqin Transaction lifted the subscription base alongside Aladdin’s recurring revenue.
BlackRock Shareholder Returns: Dividend and Buybacks
BlackRock returned cash to shareholders steadily across the cycle. In Q1 2026, the firm executed $450 million of share repurchases in the current quarter and raised the quarterly cash dividend to $5.73 per share, a 10% increase.
- Total returned to shareholders reached $5 billion in FY2025.
- Share repurchases accounted for $1.6 billion of that return.
- The quarterly dividend per share was raised 10% to $5.73.
- Q1 2026 share repurchases came to $450 million.
| FY2025 capital return measure | Figure |
|---|---|
| Total returned to shareholders | $5 billion |
| Share repurchases | $1.6 billion |
| Quarterly dividend per share (raised 10%) | $5.73 |
| Q1 2026 share repurchases | $450 million |
Source: BlackRock FY2025 Earnings Release (SEC 8-K EX-99.1) and Q1 2026 Earnings Release (SEC 8-K EX-99.1)
Across full-year 2025, BlackRock returned $5 billion to shareholders in 2025, including $1.6 billion worth of share repurchases. The dividend, raised to a $5.73 per share quarterly cash dividend, continued a long run of annual increases.
BlackRock Full-Year 2025 Results
- Year-end 2025 AUM reached $14 trillion following record net inflows.
- Full-year 2025 net inflows totalled $698 billion, including $342 billion in Q4.
- Full-year revenue grew 19% year-over-year.
- Full-year GAAP diluted EPS was $35.31, or $48.09 as adjusted.
- Fourth Quarter diluted EPS was $7.16, or $13.16 as adjusted.
BlackRock’s prior fiscal year set records before the early-cycle wobble. The firm reported $14 trillion in AUM following record $698 billion of full-year net inflows, including $342 billion in the fourth quarter. Profitability stayed strong, with full-year 2025 diluted EPS of $35.31, or $48.09 as adjusted, and Fourth Quarter 2025 Diluted EPS of $7.16, or $13.16 as adjusted. The firm noted a 19% increase in full-year revenue driven by markets, organic growth, and acquisitions.
| Full-year 2025 measure | Figure |
|---|---|
| Year-end AUM | $14 trillion |
| Full-year net inflows | $698 billion |
| Fourth-quarter net inflows | $342 billion |
| Full-year revenue growth | 19% |
| Full-year diluted EPS (GAAP) | $35.31 |
Source: BlackRock FY2025 Earnings Release (SEC 8-K EX-99.1)
BlackRock Bitcoin ETF (IBIT) Statistics
BlackRock’s spot Bitcoin ETF has become a heavyweight crypto fund in the market.
- The iShares Bitcoin Trust reported net assets of $58,118,957,375 as of May 29, 2026.
- The fund has built that base since its inception on Jan 05, 2024.
The takeaway: The iShares Bitcoin Trust holds net assets of $58,118,957,375 as of May 29, 2026 and tracks the CME CF Bitcoin Reference Rate – New York Variant, making the world’s largest asset manager a top issuer of regulated Bitcoin exposure.
That scale bridges traditional finance and digital assets. Readers tracking the wider market can compare it against the crypto exchange market data that moves the same Bitcoin the fund holds.
BlackRock Milestones
The platform’s last twenty-four months have included mixed product launches and large alternatives deals. The Fund Inception Jan 05, 2024 for the iShares Bitcoin Trust marked the start of a fast climb toward its current scale, while FY2025 brought record asset growth on the AUM side.
- Q4 2025 brought $342 billion in fourth-quarter net inflows.
- AUM crossed $14 trillion on Dec 31, 2025.
- Q1 2026 added $130 billion in quarterly net inflows.
- IBIT net assets reached $58.1 billion on May 29, 2026.
| Date | Event |
|---|---|
| Jan 05, 2024 | iShares Bitcoin Trust fund inception |
| Q4 2025 | $342 billion fourth-quarter net inflows |
| Dec 31, 2025 | AUM crosses $14 trillion |
| Jan 15, 2026 | Full-year 2025 earnings released |
| Q1 2026 | $130 billion quarterly net inflows |
| Apr 14, 2026 | Q1 2026 earnings released |
| May 29, 2026 | IBIT net assets reach $58.1 billion |
Source: BlackRock SEC 8-K Q1 2026 (Apr 14, 2026), FY2025 (Jan 15, 2026); iShares Bitcoin Trust Fund Page (May 29, 2026)
The firm also folded acquisitions into the platform across the window, with fees related to the HPS Transaction entering the revenue base and the impact of the Preqin Transaction lifting the technology services line.
BlackRock vs Vanguard and State Street
BlackRock leads the index-fund giants on total assets, although all three manage trillions and compete intensely for ETF flows.
- BlackRock’s $13.9 trillion in AUM at March 31, 2026 places it ahead of its closest passive-investing rivals, Vanguard and State Street.
- Technology services and subscription revenue grew 22% year-over-year, an edge rivals have struggled to replicate at scale.
Banks and wealth managers profiled in our UBS wealth management data operate adjacent asset and wealth businesses, but BlackRock’s combined index, active, and technology footprint is harder to match.
Did BlackRock lose 1.7 trillion?
No public BlackRock SEC filing in 2025 or 2026 reports a $1.7 trillion loss. The firm’s most recent disclosed totals are Assets Under Management of $13.9 trillion at March 31, 2026, and $14 trillion in AUM following record $698 billion of full-year net inflows at year-end 2025. A $1.7 trillion outflow figure is not supported by these primary filings.
Has BlackRock outperformed the S&P 500?
BlackRock’s own equity (NYSE: BLK) performance versus the S&P 500 varies by window and is not addressed inside the company’s earnings disclosures. The firm trades publicly under the ticker BLK and reports through SEC filings under CIK 0002012383. Investors should compare BLK shares against an index benchmark using a brokerage chart over their chosen window.
Why did BlackRock’s AUM dip?
BlackRock’s assets eased from $14 trillion in AUM following record $698 billion of full-year net inflows at year-end 2025 to a reported Assets Under Management of $13.9 trillion at March 31, 2026, mainly on market movements rather than client withdrawals. The firm still recorded $130 billion of quarterly total net inflows in the same quarter, showing demand stayed firmly positive.
Conclusion
BlackRock entered this year reporting Assets Under Management of $13.9 trillion at March 31, 2026, a touch below the $14 trillion in AUM following record $698 billion of full-year net inflows booked at year-end 2025 but supported by $130 billion of quarterly total net inflows and a 27% increase in revenue year-over-year. The data points to a firm whose flows and fee growth held up even as market moves nudged the headline AUM number lower.
The most CoinLaw-relevant shift remains the rise of the iShares Bitcoin Trust to Net Assets of Fund $58,118,957,375 as of May 29, 2026, which places the world’s largest asset manager at the center of regulated crypto investing alongside its index and technology businesses.
