Blackstone Inc. BX
Blackstone is the world’s largest alternative asset manager. 10-K, Item 1
- Employees
- 5,285
- Headquarters
- New York, NY
- Next results
- around Jan 28, 2027
BX among Financials peers
Six ratios from the latest 10-K. Each corner is the share of 75 peers the company is above, not a score.
What changed
16 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Feb 27, 2026 against Feb 28, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
8 checks on the latest 10-K. Checks, not verdicts.
1fact worth reading about the other 7 checks found nothing to note
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Receivables growing faster than revenueReceivables +22.6% vs revenue +9.2% (+13.4 pts)
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Same auditor in both 10-Ks: DELOITTE & TOUCHE LLP
6 more checks with nothing to note
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No statement of substantial doubt about going concern
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No 8-K item 4.02 in the last 2 years
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No NT 10-K or NT 10-Q in the last 2 years
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No sentence in the 10-K concludes that controls were not effective because of a material weakness
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No 8-K item 2.06 in the last 2 years
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No 8-K item 1.03 in the last 2 years
In their words
16 paragraphs in Risk Factors that were not in the 10-K filed Feb 28, 2025. Quoted as filed.
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Item 1A · new paragraph · not in the 10-K filed Feb 28, 2025 10-K, ITEM 1A
The continued expansion of the number and types of investment products we offer in the individual investor channel may make it more difficult to fundraise from the institutional investor channel to the extent institutional investors have concerns regarding such expansion, including with respect to potential or perceived conflicts of…
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Item 1A · new paragraph · not in the 10-K filed Feb 28, 2025 10-K, ITEM 1A
Our initiatives to expand our individual investor base, including marketing, creating and maintaining the types of products and vehicles that individual investors may invest in, may not be successful. Such initiatives include the hiring of additional personnel and the implementation of new operational, technological, compliance and…
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Item 1A · new paragraph · not in the 10-K filed Feb 28, 2025 10-K, ITEM 1A
Cybersecurity, privacy and data protection have become top priorities for regulators in the United States and around the world. Many jurisdictions in which we operate have laws and regulations relating to privacy, data protection and cybersecurity, including the Gramm-Leach-Bliley Act (“GLBA”) (including recent amendments to Regulation S-P),
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Item 1A · new paragraph · not in the 10-K filed Feb 28, 2025 10-K, ITEM 1A
In recent years, the SEC has proposed, and in some instances, adopted, a number of rules related to private funds and private fund advisors that impact our business and operations, including by increasing our operational and compliance costs to comply effectively. The SEC and other of our regulators can be expected to continue to…
New risk paragraphs, against peers
Latest 10-K of each, Financials companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $8.5B | $8.0B | $13.2B | $14.5B |
| Net income | $1.7B | $1.4B | $2.8B | $3.0B |
| Operating cash flow | $6.3B | $4.1B | $3.5B | $4.7B |
| Free cash flow | $6.1B | $3.8B | $3.4B | $4.5B |
Revenue, FY2016 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$14.5B ▲ 9.2% in FY2025$3.0B ▲ 8.7% in FY2025$4.5B ▲ 33.0% in FY2025
Recent filings
7 filings in the last 30 days · SEC EDGAR
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BuyNov 12, 2026Porat Ruth (Director) bought $55K open-market purchase on Nov 9, 2026
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10-QNov 6, 2026Quarterly report (10-Q) period ended Sep 30, 2026
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8-KNov 2, 2026Material agreement signed, New debt or obligation, Other events 8-K items 1.01, 2.03, 8.01
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8-KOct 27, 2026Other events 8-K item 8.01
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8-KOct 27, 2026Other events 8-K item 8.01
About the company
Blackstone Inc., New York, NY · from the 10-K filed Feb 27, 2026
Blackstone is the world’s largest alternative asset manager. We seek to deliver compelling returns for institutional and individual investors by strengthening the companies and assets in which we invest. Our more than $1.3 trillion in Total Assets Under Management as of December 31, 2025 include global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries and hedge funds.
- Headquarters
- New York, NY
- Country
- United States
- Listed on
- NYSE
- Fiscal year ends
- December 31
- Last results
- Oct 22, 2026
- Incorporated in
- DE
Employees, at the top of the page: "As of December 31, 2025, we employed approximately 5,285 people, including our 268 senior managing directors, at our headquarters in New York and around the world" (10-K). Address and exchange: SEC's company file.
Email alerts
Sources
The 10-K filed Feb 27, 2026 (open at SEC), compared with the 10-K filed Feb 28, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
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