BlackRock Inc. Announces Q1 2025 Financial Results

BlackRock Inc. revealed on Friday that its revenue for the first quarter of fiscal 2025 reached $5.3 billion, marking a 12% increase compared to the same period in 2024.

Despite the revenue growth, the company experienced a 4% decline in net income, which stood at $1.5 billion. Diluted earnings per share also saw a decrease, dropping 8% to $9.64. Operating income remained steady at $1.7 billion.

CEO Larry Fink on BlackRock's 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.