BlackRock ended the third quarter with $15.49 trillion in assets under management, a record, after $205 billion of net client inflows, according to its earnings release filed with the SEC on Oct. 14.
GAAP earnings came to $10.57 a share, and as-adjusted earnings to $15.93. Revenue rose 19 percent to $7.75 billion, and the company said it has raised $68 billion in private markets over the last twelve months. Its AI Infrastructure Partnership made its first deployment during the quarter.
Chairman and CEO Larry Fink said clients “entrusted us with $205 billion of net inflows this quarter, and $869 billion over the last year.” He added: “We’re entering our seasonally strongest fourth quarter with accelerating momentum.”
As the Epoch Times notes further, the company drew almost $135 billion in net new flows into its flagship iShares exchange-traded funds, also known as ETFs.
It also repurchased $550 million of its shares during the quarter, delivering stronger value to current shareholders.
“Market fundamentals are strong and well supported, with higher margins and earnings momentum catalyzed by new technology,” CEO Larry Fink said in a statement.
Looking ahead to the final three months of 2026, Fink noted that BlackRock has plenty of momentum and a broad pipeline of opportunities across multiple business segments, including private markets and retirement funds.
BlackRock popped as much as 5 percent following the earnings data but erased its gains as the midweek session progressed.
