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What changed in Blackstone Inc.'s latest annual report

In the year ended 31 Dec 2025, Blackstone Inc.'s revenue rose 9.2% to USD 14.45bn, from USD 13.23bn; net income rose 8.7% to USD 3.02bn, from USD 2.78bn; cash and cash equivalents rose 33.4% to USD 2.63bn, from USD 1.97bn.

Year ended 31 Dec 2025. Source: 10-K filed 27 Feb 2026, read it on SEC EDGAR.

USD 13.23bn to USD 14.45bn

Revenue, up 9.2% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue13.23bn14.45bnUp 9.2%
Net income2.78bn3.02bnUp 8.7%
Total assets43.47bn47.71bnUp 9.8%
Total liabilities23.97bn25.83bnUp 7.7%
Long-term debt11.46bn12.58bnUp 9.7%
Cash and cash equivalents1.97bn2.63bnUp 33.4%
Shareholders' equity8.21bn8.67bnUp 5.5%

Questions people ask

Did Blackstone Inc.'s revenue grow last year?

Revenue grew 9.2%, from USD 13.23bn to USD 14.45bn in the year ended 31 Dec 2025.

Is Blackstone Inc. profitable?

Yes. Net income was USD 3.02bn in the year ended 31 Dec 2025. The year before: USD 2.78bn.

How much cash and debt does Blackstone Inc. have?

At its latest year end (31 Dec 2025), Blackstone Inc. reported cash and cash equivalents of USD 2.63bn and long-term debt of USD 12.58bn.

Where do these numbers come from?

From Blackstone Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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