Blackstone (BX) Revenue & Revenue Breakdown

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Blackstone Revenue Highlights

Latest Revenue (Y)

$13.83B

Latest Revenue (Q)

$3.09B

Main Segment (Y)

Private Equity Segment

Blackstone Revenue by Period

Blackstone Revenue by Year

Date	Revenue	Change
2025-12-31	$13.83B	21.58%
2024-12-31	$11.37B	52.91%
2023-12-31	$7.44B	-0.15%
2022-12-31	$7.45B	-55.79%
2021-12-31	$16.85B	212.09%
2020-12-31	$5.40B	-15.29%
2019-12-31	$6.37B	6.93%
2018-12-31	$5.96B	-0.26%
2017-12-31	$5.98B	33.88%
2016-12-31	$4.46B	-7.45%
2015-12-31	$4.82B	-38.50%
2014-12-31	$7.84B	12.12%
2013-12-31	$6.99B	63.60%
2012-12-31	$4.28B	46.02%
2011-12-31	$2.93B	-12.44%
2010-12-31	$3.34B	72.54%
2009-12-31	$1.94B	-290.15%
2008-12-31	$-1.02B	-112.07%
2007-12-31	$8.44B	-3.06%
2006-12-31	$8.71B	59.58%
2005-12-31	$5.46B	983.83%
2004-12-31	$503.46M	-54.00%
2003-12-31	$1.09B	244.03%
2002-12-31	$318.12M	-91.23%
1999-12-31	$3.63B	-

Blackstone generated $13.83B in revenue during NA 2025, up 21.58% compared to the previous quarter, and up 256.12% compared to the same period a year ago.

Blackstone Revenue by Quarter

Date	Revenue	Change
2025-09-30	$3.09B	-16.79%
2025-06-30	$3.71B	26.06%
2025-03-31	$2.94B	4.48%
2024-12-31	$2.82B	-5.99%
2024-09-30	$3.00B	24.81%
2024-06-30	$2.40B	-23.91%
2024-03-31	$3.16B	159.90%
2023-12-31	$1.21B	-45.93%
2023-09-30	$2.25B	-12.65%
2023-06-30	$2.57B	82.89%
2023-03-31	$1.41B	-13.14%
2022-12-31	$1.62B	53.50%
2022-09-30	$1.05B	27.04%
2022-06-30	$830.16M	-78.96%
2022-03-31	$3.95B	-8.04%
2021-12-31	$4.29B	-4.85%
2021-09-30	$4.51B	15.45%
2021-06-30	$3.91B	-5.71%
2021-03-31	$4.14B	46.44%
2020-12-31	$2.83B	13.95%
2020-09-30	$2.48B	14.27%
2020-06-30	$2.17B	-204.20%
2020-03-31	$-2.08B	-221.15%
2019-12-31	$1.72B	12.66%
2019-09-30	$1.53B	13.26%
2019-06-30	$1.35B	-24.08%
2019-03-31	$1.78B	237.60%
2018-12-31	$526.18M	-67.27%
2018-09-30	$1.61B	-30.71%
2018-06-30	$2.32B	53.99%
2018-03-31	$1.51B	-20.06%
2017-12-31	$1.88B	30.20%
2017-09-30	$1.45B	7.34%
2017-06-30	$1.35B	-15.97%
2017-03-31	$1.60B	21.33%
2016-12-31	$1.32B	8.66%
2016-09-30	$1.22B	18.94%
2016-06-30	$1.02B	23.96%
2016-03-31	$825.63M	0.90%
2015-12-31	$818.30M	822.08%
2015-09-30	$88.75M	-91.80%
2015-06-30	$1.08B	-53.64%
2015-03-31	$2.33B	26.47%
2014-12-31	$1.85B	41.31%
2014-09-30	$1.31B	-34.42%
2014-06-30	$1.99B	44.14%
2014-03-31	$1.38B	-37.74%
2013-12-31	$2.22B	95.42%
2013-09-30	$1.14B	-5.80%
2013-06-30	$1.21B	9.44%
2013-03-31	$1.10B	20.09%
2012-12-31	$917.39M	0.02%
2012-09-30	$917.17M	383.37%
2012-06-30	$189.74M	15.62%
2012-03-31	$164.11M	-53.56%
2011-12-31	$353.40M	-196.46%
2011-09-30	$-366.37M	-128.00%
2011-06-30	$1.31B	13.44%
2011-03-31	$1.15B	11.92%
2010-12-31	$1.03B	290.30%
2010-09-30	$264.01M	-42.75%
2010-06-30	$461.17M	-34.24%
2010-03-31	$701.24M	-3.18%
2009-12-31	$724.29M	956.52%
2009-09-30	$68.55M	17.76%
2009-06-30	$58.22M	430.74%
2009-03-31	$10.97M	-101.20%
2008-12-31	$-915.59M	27.71%
2008-09-30	$-716.90M	-489.65%
2008-06-30	$183.99M	-222.78%
2008-03-31	$-149.86M	-103.06%
2007-12-31	$4.90B	-

Blackstone generated $3.09B in revenue during Q3 2025, up -16.79% compared to the previous quarter, and up 128.60% compared to the same period a year ago.

Blackstone Revenue Breakdown

Blackstone Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 22	Dec 21	Dec 20
Real Estate Segment	$489.65M	$203.43M	-	-	-
Private Equity Segment	$1.67B	$1.39B	-	-	-
Investment Performance	-	-	$525.13M	$253.99M	$138.66M
Investment Advice	-	-	-	$5.17B	$4.09B

Blackstone's latest annual revenue breakdown by segment (product or service), as of Dec 25: Private Equity Segment (77.33%), and Real Estate Segment (22.67%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
Real Estate Segment	$229.46M	$132.79M	$89.59M	$37.80M	$71.93M	$78.02M	$53.47M	-	-	-	-	-	-	-	-	-	-	-	-	-
Private Equity Segment	$351.67M	$559.38M	$408.98M	$350.07M	$794.01M	$216.64M	$381.80M	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment Performance	-	-	-	-	-	-	-	$179.34M	$158.80M	$153.08M	$142.88M	$210.26M	$110.78M	$99.60M	$104.49M	$136.45M	$48.21M	$33.21M	$36.12M	$97.70M
Investment Advice	-	-	-	-	-	-	-	$1.73B	$1.66B	$1.71B	$1.66B	$1.65B	$1.62B	$1.56B	$1.48B	$1.46B	$1.32B	$1.21B	$1.18B	$1.13B

Blackstone's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Private Equity Segment (60.51%), and Real Estate Segment (39.49%).

Blackstone Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BN	Brookfield	$104.30B	$23.04B
APO	Apollo Global Management	$30.30B	$9.94B
STT	State Street	$20.70B	$5.97B
KKR	KKR	$19.26B	$5.53B
BX	Blackstone	$13.83B	$3.09B
TROW	T. Rowe Price Group	$7.31B	$1.89B
ARES	Ares Management	$6.47B	$1.66B
BAM	Brookfield Asset Management	$4.90B	$1.11B
CG	Carlyle Group	$4.90B	$455.90M
TPG	TPG	$4.67B	$1.22B
OWL	Blue Owl Capital	$2.87B	$727.99M
CGBD	Carlyle Secured Lending	$255.57M	$66.51M

BX Revenue FAQ

What is Blackstone’s yearly revenue?

Blackstone's yearly revenue for 2025 was $13.83B, representing an increase of 21.58% compared to 2024. The company's yearly revenue for 2024 was $11.37B, representing an increase of 52.91% compared to 2023. BX's yearly revenue for 2023 was $7.44B, representing a decrease of -0.15% compared to 2022.

What is Blackstone’s quarterly revenue?

Blackstone's quarterly revenue for Q3 2025 was $3.09B, a -16.79% decrease from the previous quarter (Q2 2025), and a 3.03% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $3.71B, a 26.06% increase from the previous quarter (Q1 2025), and a 54.55% increase year-over-year (Q2 2024). BX's quarterly revenue for Q1 2025 was $2.94B, a 4.48% increase from the previous quarter (Q4 2024), and a -6.72% decrease year-over-year (Q1 2024).

What is Blackstone’s revenue growth rate?

Blackstone's revenue growth rate for the last 3 years (2023-2025) was 85.91%, and for the last 5 years (2021-2025) was -17.93%.

What are Blackstone’s revenue streams?

Blackstone's revenue streams in c 25 are Real Estate Segment, and Private Equity Segment. Real Estate Segment generated $489.65M in revenue, accounting 22.67% of the company's total revenue, up 140.70% year-over-year. Private Equity Segment generated $1.67B in revenue, accounting 77.33% of the company's total revenue, up 19.94% year-over-year.

What is Blackstone’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Blackstone was Private Equity Segment. This segment made a revenue of $1.67B, representing 77.33% of the company's total revenue.