BlackRock's AUM Jumps To $12.53 Trillion, Revenue Up 13%
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Zinger Key PointsQ2 revenue rose 13% to $5.42 billion, beating estimates; adjusted EPS climbed 16% to $12.05 vs. $10.80 expected.Total AUM reached a record $12.53 trillion, while net inflows YTD hit $152 billion, led by iShares ETFs and private markets.Up Next: Get 5 Dark Horse Stocks Wall Street Is Quietly Loading Up OnInvestment manager giantBlackRock, Inc.BLKreported that second-quarter 2025 revenue grew 13% year-over-year to $5.42 billion, beating theconsensus of $5.34 billion.Investment advisory, administration fees, and securities lending revenue increased to $4.45 billion from $3.88 billion a year ago, primarily driven by organic base fee growth, the impact of market beta and foreign exchange movements on average AUM, and approximately $240 million of fees related to the GIP Transaction.Securities lending revenue of $171 millionincreasedfrom $154 million in the second quarter of 2024, primarily reflecting higher average balances of securities on loan.Also Read:JPMorgan, Citi To Kick Off Bank Earnings As Wall Street Sees Profit BoomPerformance fees decreased $70 million from the second quarter of 2024, primarily reflecting lower revenue from private markets, liquid alternative, and long-only products.BlackRock stated that $68 billion of quarterly total net inflows, down from $81.6 billion a year ago, reflect the impact of a single institutional clientās $52 billion lower-fee index partial redemption.Net inflows reached $152 billion year to date, led by a record first half foriSharesETFs, alongside private markets and cash net inflows.Trending Investment OpportunitiesAdvertisementArrivedBuy shares of homes and vacation rentals for as little as $100.Get StartedWiserAdvisorGet matched with a trusted, local financial advisor for free.Get StartedPoint.comTap into your home's equity to consolidate debt or fund a renovation.Get StartedRobinhoodMove your 401k to Robinhood and get a 3% match on deposits.Get StartedAt the end of the quarter, total AUM was $12.53 trillion, compared to $10.65 trillion in the prior year quarter.Adjusted operating income rose 12% to $2.09 billion. Adjusted EPS increased 16% to $12.05, beating the consensus of $10.80.Laurence Fink, Chairman and CEO, commented, āOur expanding client relationships are resonating in higher, more diversified organic base fee growth. We generated 6% organic base fee growth for the second quarter and the first half of 2025, and 7% over the last twelve months.āāiShares ETFs had a record first half in flows, and technology ACV growth reached a fresh high of 16%. This core strength, alongside client demand for private markets, digital assets, Aperio, and our tech and data-driven systematic strategies, propelled another consecutive quarter of above-target organic base fee growth and record AUM of $12.5 trillion,ā Fink added.Price Action:BLK stock is trading lower by 1.12% to $1,099 during the premarket session at last check Tuesday.Loading...Loading...Read Next:Nvidia Resumes H20 Shipments To China As Jensen Huang Meets TrPhoto via ShutterstockBLKBlackRock Inc$1090.00-1.93%Stock Score Locked: Want to See it?Benzinga Rankings give you vital metrics on any stock ā anytime.Reveal Full ScoreEdge RankingsMomentum82.44Growth41.56Quality64.45Value17.96Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIsĀ© 2025 Benzinga.com. . .EarningsAnalyst RatingsOptionsDividendsIPOsDateā²ā¼tickerā²ā¼nameā²ā¼Actual EPSā²ā¼EPS Surpriseā²ā¼Actual Revā²ā¼Rev Surpriseā²ā¼Click to see moreEarningsupdatesEarnings CalendarNever Miss Important CatalystsSort by estimates, projected upside, profit surprises, and more to easily find new stocks to invest in or check up on your portfolio.Click to JoinPosted In:EarningsLarge CapNewsTop StoriesMoversGeneralwhy it's moving