BlackRock Inc. (BLK) earnings date & stock reaction
BLK · BlackRock Inc. · Financials
“Third quarter earnings per share rose 38%. Our operating margins reached 47.8%. Organic base fee growth of 11% growth, reflecting net inflows of $205 billion.”
“Third quarter revenue of $7.8 billion was 19% higher year over year, driven by organic base fee growth, the impact of higher markets on average AUM, higher performance fees, and higher technology services and subscription revenue.”
- ▲Record Profitability and Margin Expansion
- Adjusted operating income rose 27% YoY to $3.33 billion.
- Adjusted operating margin reached 47.8%, improving 320bp from 44.6% in the prior year.
- ▲Strong Organic Growth and Net Inflows
- Net inflows reached $205 billion in Q3, driving 11% organic base fee growth.
- Organic base fee growth has remained at or above 5% for nine consecutive quarters.
- ▲Sustained Momentum in Technology Services
- Technology services and subscription revenue increased 14% YoY.
- Annual contract value (ACV) grew 12% YoY, supporting long-term growth.
- ▼Net Outflows in Institutional Index
- Institutional index segment experienced $27 billion in net outflows, acting as a partial offset to growth.
- ▼Rising Expense Growth Rate
- Total expenses increased 14% YoY, with sales asset and account expenses jumping 22%.
- ▼Earnings Boosted by Non-Operating Gains
- Adjusted EPS growth was supported by $164 million in non-operating net investment gains during the quarter.
Price after the latest report
BlackRock Inc. (BLK) rose the day after earnings in 7 of its last 12 reports (58%), moving ±3.4% on average. It has fallen despite beating the consensus estimate 5 times.
Even when EPS beat expectations, the stock fell 5 of the last 12 times. The number alone doesn't move it.
When results drop, check the metric above vs last quarter and whether guidance beats expectations.
The real bar for this stock
Beating estimates isn't enough. Here's where the real surprise started.
How this stock reacts to earnings
Traits seen across its recent earnings reactions
Earnings number vs guidance: which drives it?
How often the beat/miss matched the actual price move
5/12 beats fell next day · watches AUM · net inflows
- Sep 2026 report-0.1%
- Jun 2026 report+6.6%
- Mar 2026 report+3.0%
- Dec 2025 report+5.9%
- Sep 2025 report+3.4%
- Jun 2025 report-5.9%
Earnings timeline · bars = next-day move, ▲▼ = beat/miss
Earnings trend · last 12 quarters
Earnings history and price reaction
| Quarter ended | Reported (ET) | vs market expectation (consensus) | Earnings day | After 5 days |
|---|---|---|---|---|
| 9/2026 | 2026-10-14 | +11.4% | -0.1% | — |
| 6/2026 | 2026-07-15 | +9.6% | +6.6% | +1.3% |
| 3/2026 | 2026-04-14 | +9.3% | +3.0% | +2.4% |
| 12/2025 | 2026-01-15 | +7.9% | +5.9% | +4.4% |
| 9/2025 | 2025-10-14 | +2.3% | +3.4% | +0.4% |
| 6/2025 | 2025-07-15 | +11.5% | -5.9% | -1.7% |
12 reports, quarters ending 9/2023 to 9/2026. The earnings-day move is the first trading day that reflects the report; the five-day figure is the cumulative move from that point.
Frequently asked questions
When is the next BlackRock Inc. earnings date?
The next BlackRock Inc. (BLK) earnings report is expected Thu, January 14 (estimated). This is an estimate based on past reporting dates, not a confirmed date.
Does BlackRock Inc. (BLK) stock usually go up after earnings?
Over the last 12 earnings reports, the stock rose on 7 of them (58%). The average move on earnings day was ±3.4%.
Does BlackRock Inc. react more to the earnings numbers or to guidance?
In 5 of the last 12 reports (42%), the stock moved the opposite way from whether it beat or missed the forecast. A high share means guidance and expectations drive the move more than the reported numbers.
Can BlackRock Inc. stock fall even when earnings are good?
Yes. In 5 of the last 12 reports, BlackRock Inc. fell on the earnings day despite growing EPS. Expectations already priced in, or guidance, can matter more than the reported numbers.
Does BlackRock Inc. stock keep moving after the earnings day?
Over the last 11 reports, the move continued in the same direction for the following five trading days 27% of the time. This tendency is known as post-earnings announcement drift.