BlackRock's Financial Performance in Q1 2025

BlackRock Inc. announced on Friday a significant 12% increase in revenue for the first quarter of fiscal 2025, reaching $5.3 billion compared to the same period in 2024.

Net Income and Earnings Per Share

Despite the revenue growth, the company faced a 4% annual decline in net income, which settled at $1.5 billion. Diluted earnings per share also saw an 8% decrease to $9.64, while operating income remained steady at $1.7 billion.

CEO's Perspective on Performance

"BlackRock's positioning and connectivity with clients are stronger than ever, and it's clear in our results... The goal for us is to keep our clients focused on the long-term, and help them achieve any near-term allocation or liquidity changes they need within the BlackRock platform," commented CEO Larry Fink.