BlackRock has reported $15.3tn in assets under management (AUM), with inflows spread across its platform and led by exchange traded funds (ETFs), private markets, and “systematic equity strategies”.
This follows $868bn of net inflows over the last twelve months, reflecting 10% organic base fee growth.
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The asset manager’s net attributable income for the quarter was $1.9bn, up 20% from a year earlier.
Operating income rose 42% to $2.4bn, while revenue increased 31% year-on-year to $7.08bn.
The company linked the change to market moves, organic base fee growth, fees connected to the HPS Transaction, higher performance fees, and increased technology services and subscription revenue.
Net inflows for the first half totalled $321bn, including $192bn in the second quarter.
During the quarter, the company repurchased $450m of shares.
Investment advisory, administration fees and securities lending revenue were $1.3bn higher than in the second quarter of 2025, which BlackRock attributed mainly to market beta on average AUM, organic base fee growth and around $230m of HPS Transaction-related fees.
Securities lending revenue came in at $239m, compared with $171m a year earlier and $179m in the first quarter of 2026, with the increases primarily reflecting higher spreads.
Compared with the first quarter of 2026, investment advisory, administration fees and securities lending revenue rose by $288m, which BlackRock said was due to market beta on average AUM, organic base fee growth and one extra day in the quarter.
Technology services and subscription revenue was $67m higher than in the second quarter of 2025 and $36m above the first quarter of 2026, reflecting sustained demand for Aladdin and multi-product solutions.
“Market fundamentals are strong and well supported, with higher margins and earnings momentum catalyzed by new technology. The scale and depth of our client relationships globally have never been greater. Clients are turning to BlackRock for insights and opportunities.
“That’s powering record financial performance, $868 billion of net inflows, and 10% organic base fee growth over the last year. Flows in the first six months of 2026 more than doubled year-over-year, driving AUM to a record $15.3 trillion.
“The more clients we help participate in the markets, the more our own growth builds – higher organic growth, higher earnings growth, and more value for our shareholders. Our momentum is accelerating, and I’ve never been more optimistic about the growth ahead.”
