BlackRock, Inc. (BLK) Q2 FY2026 8-K Filings and Company Events

Filings that contain financial statements

The following Form 8-Ks furnish an Exhibit 99.1 earnings release with a condensed consolidated statement of income, AUM/net-flow tables, and reconciliations of GAAP to as-adjusted results for the indicated period. These press-release figures are unaudited and preliminary; the corresponding Form 10-Q (for quarters) or Form 10-K (for the fiscal year) carries the audited/reviewed statements.

• Accession 0001193125-26-304013 (filed July 15, 2026), three and six months ended June 30, 2026 (Q2 2026)
• Accession 0001193125-26-153768 (filed April 14, 2026), three months ended March 31, 2026 (Q1 2026)
• Accession 0001193125-26-013503 (filed January 15, 2026), three months and year ended December 31, 2025 (Q4 2025 / full year 2025)
• Accession 0001193125-25-237960 (filed October 14, 2025), three and nine months ended September 30, 2025 (Q3 2025)
• Accession 0000950170-25-095711 (filed July 15, 2025), three and six months ended June 30, 2025 (Q2 2025)
• Accession 0000950170-25-053022 (filed April 11, 2025), three months ended March 31, 2025 (Q1 2025)

Earnings and results

BlackRock has reported six consecutive quarters of double-digit year-over-year AUM growth (Q1 2025 +11%, Q2 2025 +18%, Q3 2025 +17%, Q4 2025 +22%, Q1 2026 +20%, Q2 2026 +22%).

• Q2 2026 (accession 0001193125-26-304013, filed July 15, 2026): AUM reached $15.3 trillion, up 22% year-over-year, following $868 billion of trailing-twelve-month net inflows (10% organic base fee growth). Revenue rose 31% year-over-year to $7.08 billion; GAAP diluted EPS was $12.19 ($13.91 as adjusted), up 20% year-over-year. Adjusted operating margin was 45.9%, the highest in nearly five years. The company repurchased $450 million of stock in the quarter and raised its planned quarterly repurchase pace to $550 million and its planned full-year 2026 repurchases to $2 billion.
• Q1 2026 (accession 0001193125-26-153768, filed April 14, 2026): AUM was $13.9 trillion, up 20% year-over-year, on $130 billion of quarterly net inflows and $744 billion of trailing-twelve-month net inflows (10% organic base fee growth). Revenue rose 27% year-over-year to $6.70 billion. GAAP diluted EPS was $14.06 (up 46%), boosted by a $549 million favorable change in fair value of contingent consideration; adjusted diluted EPS was $12.53 (up 11%). The release reported cash dividends declared and paid of $5.73 per share, and the company repurchased $450 million of stock.
• Q4 2025 / full-year 2025 (accession 0001193125-26-013503, filed January 15, 2026): AUM reached a record $14.0 trillion after record full-year net inflows of $698 billion (9% organic base fee growth) and $342 billion in the fourth quarter alone (12% annualized organic base fee growth). Full-year revenue rose 19% to $24.2 billion. Full-year GAAP diluted EPS was $35.31 (down 16% on noncash acquisition-related expenses and a noncash charitable contribution); adjusted full-year diluted EPS was $48.09, up 10%. The board raised the quarterly dividend 10% to $5.73 per share (paid March 24, 2026) and authorized 7 million additional shares for repurchase. BlackRock returned $5 billion to shareholders in 2025, including $1.6 billion of buybacks.
• Q3 2025 (accession 0001193125-25-237960, filed October 14, 2025): AUM was $13.5 trillion on quarterly net inflows of $205 billion (10% annualized organic base fee growth), the first full quarter including HPS. Revenue rose 25% year-over-year to $6.51 billion; GAAP diluted EPS fell 23% to $8.43 on acquisition-related noncash expenses, while adjusted diluted EPS rose 1% to $11.55. The company repurchased $375 million of stock.
• Q2 2025 (accession 0000950170-25-095711, filed July 15, 2025): AUM reached $12.5 trillion. Quarterly net inflows of $68 billion were reduced by a single institutional client's $52 billion lower-fee index redemption. Revenue rose 13% to $5.42 billion; GAAP diluted EPS was $10.19 (up 2%), adjusted diluted EPS $12.05 (up 16%). This release also announced the same-day closing of the HPS Investment Partners acquisition (see M&A section).
• Q1 2025 (accession 0000950170-25-053022, filed April 11, 2025): AUM was $11.6 trillion on $84 billion of quarterly net inflows. Revenue rose 12% to $5.28 billion; GAAP diluted EPS fell 8% to $9.64 on acquisition-related costs, while adjusted diluted EPS rose 15% to $11.30; the release also noted the Preqin transaction closed March 3, 2025. The quarterly dividend was raised 2% to $5.21 per share, and the company repurchased $375 million of stock.

M&A: HPS Investment Partners acquisition, closed

• Announced (prior to the period covered by these filings) and closed July 1, 2025 (accession 0001193125-25-153573, filed July 1, 2025): BlackRock completed its previously announced acquisition of 100% of the business and assets of HPS Investment Partners, a global credit investment manager, describing the transaction as completed ("the completion... of BlackRock, Inc.'s... previously announced acquisition"). Consideration at closing consisted of approximately 8.5 million units of BlackRock Saturn Subco, LLC (a consolidated BlackRock subsidiary), exchangeable 1:1 into BlackRock common stock, plus restricted stock units to HPS employees. Additional Subco units may be issued roughly five years post-closing subject to post-closing performance milestones and a customary purchase-price adjustment; assuming full achievement of contingent consideration, BlackRock does not expect to issue more than approximately 13.8 million additional shares in the aggregate (including about 1 million shares for RSUs). A companion press release (also furnished with this 8-K) announced the creation of Private Financing Solutions (PFS), combining BlackRock's and HPS's private credit, GP/LP and CLO businesses; the release said the integrated private credit franchise at the core of PFS holds approximately $190 billion in client assets, with HPS CEO Scott Kapnick joining as a board observer.
• The October 14, 2025 earnings release (accession 0001193125-25-237960) quantified the transaction's balance-sheet impact: the HPS closing added $165 billion of client AUM and $118 billion of fee-paying AUM.
• June 30, 2026 (accession 0001193125-26-290830): BlackRock filed a prospectus supplement registering up to approximately 12.0 million shares of common stock issuable upon redemption of Subco units, including up to 7.6 million units (7,606,927) issued as HPS closing consideration and up to 4.4 million units that may be issued as deferred HPS consideration subject to post-closing performance milestones, a housekeeping filing that does not change the terms of the original transaction. The July 1, 2025 8-K described approximately 8.5 million Subco Units as delivered at closing, while this prospectus supplement gives the closing-date consideration as 7,606,927 units, the same figure the Q2 2026 10-Q uses for Subco Units in its diluted share count. Neither filing reconciles the two counts.
• ElmTree Funds, closed September 2, 2025: BlackRock closed its previously announced acquisition of ElmTree Funds, a net-lease real estate manager, with consideration primarily in BlackRock common stock, adding approximately $3 billion of AUM. There is no dedicated 8-K for this transaction; it is referenced in the quarterly earnings-release AUM footnotes, first at accession 0001193125-25-237960 (Q3 2025 earnings release).

Earlier related transactions (Global Infrastructure Management and Preqin, both referenced as already-closed "Transactions" in BlackRock's risk-factor disclosures) closed before the period covered on this page; Preqin is noted in the Q1 2025 earnings release as having closed March 3, 2025.

Capital structure and financing

• April 3, 2025 (accession 0001193125-25-072429): BlackRock completed an underwritten public offering of €1.0 billion aggregate principal amount of 3.750% Notes due 2035, issued under an indenture with BlackRock Finance, Inc. as guarantor and The Bank of New York Mellon as trustee. Net proceeds were earmarked for general corporate purposes, including possible repayment of BlackRock's outstanding 1.25% Notes due 2025. The notes carry standard make-whole and tax-related redemption provisions.
• April 4, 2025 (accession 0001193125-25-073567): BlackRock and its subsidiaries entered into Amendment No. 16 to their Five-Year Revolving Credit Agreement, increasing commitments by $500 million to $5.9 billion aggregate, extending the maturity of most lenders' commitments to March 31, 2030, and adjusting the leverage-ratio covenant.
• March 31, 2026 (accession 0001193125-26-142112): BlackRock and its subsidiaries entered into Amendment No. 17 to the same credit facility, increasing commitments by a further $400 million to $6.3 billion aggregate, extending most lenders' commitments to March 31, 2031, and removing the SOFR adjustment on SOFR-based loans.

Board, governance, and compensation

• May 15, 2025 (accession 0001193125-25-121622): At its 2025 Annual Meeting, shareholders elected all 18 director nominees, approved (advisory) executive compensation, ratified Deloitte & Touche as auditor for fiscal 2025, and rejected two shareholder proposals (a stakeholder-capitalism risk report and a board-election reform proposal).
• January 13, 2026 (accession 0001193125-26-015405): BlackRock's Management Development and Compensation Committee adopted an Executive Carry Program, a new long-term incentive under which selected senior executives (other than the CEO) become eligible for a share of carry distributions from a pool of BlackRock's flagship private-markets funds. Awards vest over five years (no vesting before year three, then one-third per year in years three through five) and are subject to clawback; the company expects to identify participants and grant awards beginning in 2026.
• January 27, 2026 (accession 0001193125-26-024549): BlackRock's board elected Gregg R. Lemkau, Co-CEO of BDT & MSD Partners and former Co-Head of Investment Banking at Goldman Sachs, as an independent director, expanding the board to 19 members (16 independent).
• May 20, 2026 (accession 0001193125-26-237027): At its 2026 Annual Meeting, shareholders elected all 19 director nominees (including Mr. Lemkau), approved (advisory) executive compensation, ratified Deloitte & Touche as auditor for fiscal 2026, and approved an amendment to subsidiary BlackRock Finance, Inc.'s certificate of incorporation removing a pass-through voting provision.