Blackstone annual operating expenses
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Blackstone Operating Expenses Growth & History (BX)
Blackstone's operating expenses was $7.70B for fiscal 2025.
View full Blackstone company overviewBlackstone annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $7.70B | $883.3M | +12.95% |
| 2024 | 2024-12-31 | $6.82B | $1.84B | +36.90% |
| 2023 | 2023-12-31 | $4.98B | $8.1M | +0.16% |
| 2022 | 2022-12-31 | $4.97B | −$4.50B | −47.52% |
| 2021 | 2021-12-31 | $9.48B | $6.00B | +172.35% |
| 2020 | 2020-12-31 | $3.48B | −$485.1M | −12.24% |
| 2019 | 2019-12-31 | $3.96B | $452.6M | +12.89% |
| 2018 | 2018-12-31 | $3.51B | −$240.3M | −6.40% |
| 2017 | 2017-12-31 | $3.75B | $802.9M | +27.22% |
| 2016 | 2016-12-31 | $2.95B | −$141.4M | −4.58% |
| 2015 | 2015-12-31 | $3.09B | −$765.0M | −19.84% |
| 2014 | 2014-12-31 | $3.86B | −$10.9M | −0.28% |
| 2013 | 2013-12-31 | $3.87B | $606.1M | +18.59% |
| 2012 | 2012-12-31 | $3.26B | −$127.4M | −3.76% |
| 2011 | 2011-12-31 | $3.39B | −$755.9M | −18.24% |
| 2010 | 2010-12-31 | $4.14B | −$97.9M | −2.31% |
| 2009 | 2009-12-31 | $4.24B | −$144.7M | −3.30% |
| 2008 | 2008-12-31 | $4.39B | — | — |
Blackstone quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.38B | $443.0M | +22.92% |
| Q1 2026 | 2026-03-31 | $2.26B | $367.9M | +19.42% |
| Q4 2025 | 2025-12-31 | $2.12B | $624.8M | +41.65% |
| Q3 2025 | 2025-09-30 | $1.75B | −$145.4M | −7.67% |
| Q2 2025 | 2025-06-30 | $1.93B | $299.9M | +18.37% |
| Q1 2025 | 2025-03-31 | $1.89B | $104.0M | +5.81% |
| Q4 2024 | 2024-12-31 | $1.50B | $558.5M | +59.32% |
| Q3 2024 | 2024-09-30 | $1.90B | $521.2M | +37.91% |
| Q2 2024 | 2024-06-30 | $1.63B | $157.4M | +10.67% |
| Q1 2024 | 2024-03-31 | $1.79B | $601.1M | +50.54% |
| Q4 2023 | 2023-12-31 | $941.6M | −$129.0M | −12.05% |
| Q3 2023 | 2023-09-30 | $1.37B | $413.5M | +43.02% |
| Q2 2023 | 2023-06-30 | $1.48B | $731.2M | +98.26% |
| Q1 2023 | 2023-03-31 | $1.19B | −$1.01B | −45.87% |
| Q4 2022 | 2022-12-31 | $1.07B | −$1.43B | −57.15% |
| Q3 2022 | 2022-09-30 | $961.4M | −$1.69B | −63.78% |
| Q2 2022 | 2022-06-30 | $744.1M | −$1.53B | −67.25% |
| Q1 2022 | 2022-03-31 | $2.20B | $145.6M | +7.10% |
| Q4 2021 | 2021-12-31 | $2.50B | — | — |
| Q3 2021 | 2021-09-30 | $2.65B | $1.32B | +99.15% |
| Q2 2021 | 2021-06-30 | $2.27B | $1.10B | +93.77% |
| Q1 2021 | 2021-03-31 | $2.05B | — | — |
| Q3 2020 | 2020-09-30 | $1.33B | $385.6M | +40.71% |
| Q2 2020 | 2020-06-30 | $1.17B | $310.4M | +36.00% |
| Q4 2019 | 2019-12-31 | $1.11B | $618.9M | +125.01% |
| Q3 2019 | 2019-09-30 | $947.2M | −$70.4M | −6.92% |
| Q2 2019 | 2019-06-30 | $862.2M | −$154.1M | −15.17% |
| Q1 2019 | 2019-03-31 | $1.04B | $58.2M | +5.92% |
| Q4 2018 | 2018-12-31 | $495.1M | −$549.8M | −52.62% |
| Q3 2018 | 2018-09-30 | $1.02B | $113.1M | +12.51% |
| Q2 2018 | 2018-06-30 | $1.02B | $135.2M | +15.34% |
| Q1 2018 | 2018-03-31 | $982.9M | $61.2M | +6.63% |
| Q4 2017 | 2017-12-31 | $1.04B | $199.5M | +23.60% |
| Q3 2017 | 2017-09-30 | $904.5M | $130.7M | +16.90% |
| Q2 2017 | 2017-06-30 | $881.2M | $168.6M | +23.66% |
| Q1 2017 | 2017-03-31 | $921.8M | $304.1M | +49.22% |
| Q4 2016 | 2016-12-31 | $845.4M | $288.5M | +51.80% |
| Q3 2016 | 2016-09-30 | $773.8M | $296.8M | +62.22% |
| Q2 2016 | 2016-06-30 | $712.6M | −$201.8M | −22.07% |
| Q1 2016 | 2016-03-31 | $617.7M | −$524.9M | −45.94% |
| Q4 2015 | 2015-12-31 | $556.9M | −$266.2M | −32.34% |
| Q3 2015 | 2015-09-30 | $477.0M | −$578.1M | −54.79% |
| Q2 2015 | 2015-06-30 | $914.4M | −$175.3M | −16.09% |
| Q1 2015 | 2015-03-31 | $1.14B | $254.7M | +28.69% |
| Q4 2014 | 2014-12-31 | $823.1M | −$507.4M | −38.14% |
| Q3 2014 | 2014-09-30 | $1.06B | $268.7M | +34.17% |
| Q2 2014 | 2014-06-30 | $1.09B | $175.0M | +19.13% |
| Q1 2014 | 2014-03-31 | $887.9M | $52.8M | +6.32% |
| Q4 2013 | 2013-12-31 | $1.33B | $444.8M | +50.22% |
| Q3 2013 | 2013-09-30 | $786.4M | −$65.0M | −7.63% |
| Q2 2013 | 2013-06-30 | $914.8M | $174.9M | +23.65% |
| Q1 2013 | 2013-03-31 | $835.1M | $51.3M | +6.55% |
| Q4 2012 | 2012-12-31 | $885.7M | $14.2M | +1.63% |
| Q3 2012 | 2012-09-30 | $851.4M | $310.5M | +57.39% |
| Q2 2012 | 2012-06-30 | $739.8M | −$245.0M | −24.88% |
| Q1 2012 | 2012-03-31 | $783.8M | −$207.1M | −20.90% |
| Q4 2011 | 2011-12-31 | $871.4M | −$118.3M | −11.95% |
| Q3 2011 | 2011-09-30 | $540.9M | −$384.8M | −41.57% |
| Q2 2011 | 2011-06-30 | $984.8M | −$142.9M | −12.67% |
| Q1 2011 | 2011-03-31 | $990.9M | −$109.8M | −9.98% |
| Q4 2010 | 2010-12-31 | $989.7M | — | — |
| Q3 2010 | 2010-09-30 | $925.8M | −$172.0M | −15.67% |
| Q2 2010 | 2010-06-30 | $1.13B | $76.1M | +7.23% |
| Q1 2010 | 2010-03-31 | $1.10B | — | — |
| Q3 2009 | 2009-09-30 | $1.10B | — | — |
| Q2 2009 | 2009-06-30 | $1.05B | — | — |
Blackstone operating expenses trends
Over the last five fiscal years, Blackstone's operating expenses increased from $3.48B to $7.70B, a change of $4.22B. The latest reported quarter, Q2 2026, shows $2.38B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Blackstone source filings ↗Community posts
Blackstone buys control of a South Korean logistics development
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