BlackRock stock reports 31 percent revenue growth before Q3
π BlackRock delivered Q2 2026 revenue of USD 7.1 billion, a 31 percent year-over-year increase.
π° Adjusted earnings per share rose to USD 13.91, up 15 percent from the prior year.
π Operating income reached USD 2.9 billion, reflecting a 39 percent year-over-year surge.
π Operating margins expanded to 45.9 percent, an increase of 260 basis points from the previous year.
π΅ The company generated USD 192 billion in net inflows during the second quarter of 2026.
π¦ Assets under management reached USD 15.3 trillion by the end of the first half of 2026.
π» Technology annual contract value increased by 15 percent year over year.
π Wells Fargo initiated coverage with an Overweight rating and a USD 1,245 price target.
π― MarketBeat cites a Moderate Buy consensus from 18 analysts with an average target of USD 1,304.35.
π BlackRock is scheduled to report third-quarter results on October 14, 2026.
- BlackRock reported Q2 2026 revenue of USD 7.1 billion, a substantial 31 percent year-over-year increase driven by strong asset growth.
- Adjusted earnings per share rose to USD 13.91, representing a 15 percent year-over-year gain that demonstrates improved profitability.
- Operating income surged to USD 2.9 billion, up 39 percent from the prior year, indicating robust core business performance.
- Operating margins expanded significantly to 45.9 percent, an increase of 260 basis points from the previous year.
- The company generated USD 192 billion in net inflows during Q2 2026, reflecting strong investor demand for its products.
- Assets under management reached USD 15.3 trillion by the end of the first half of 2026, solidifying its market leadership.
- Technology annual contract value increased by 15 percent year over year, highlighting successful digital transformation efforts.
- Wells Fargo initiated coverage with an Overweight rating and a USD 1,245 price target, citing accelerating operating momentum.