Back to top

Image: Bigstock

Compared to Estimates, Blackstone Inc. (BX) Q3 Earnings: A Look at Key Metrics

Read MoreHide Full Article

For the quarter ended September 2025, Blackstone Inc. (BX - Free Report) reported revenue of $3.3 billion, up 35.7% over the same period last year. EPS came in at $1.52, compared to $1.01 in the year-ago quarter.

The reported revenue represents a surprise of +7.62% over the Zacks Consensus Estimate of $3.07 billion. With the consensus EPS estimate being $1.21, the EPS surprise was +25.62%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Blackstone Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Fee-Earning Assets Under Management Rollforward - Private Equity: $235.00 billion compared to the $241.97 billion average estimate based on four analysts.
  • Fee-Earning Assets Under Management Rollforward - Real Estate: $282.58 billion versus the four-analyst average estimate of $290.07 billion.
  • Fee-Earning Assets Under Management Rollforward - Hedge Fund Solutions (Multi-Asset Investing): $83.45 billion versus the four-analyst average estimate of $81.75 billion.
  • Fee-Earning Assets Under Management Rollforward - Credit & Insurance: $305.19 billion versus $303.61 billion estimated by four analysts on average.
  • Segment Revenues- Multi-Asset Investing- Realized Principal Investment Income (Loss): $0.69 million versus $4.32 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -3.4% change.
  • Segment Revenues- Realized Principal Investment Income: $62.54 million compared to the $52.51 million average estimate based on four analysts. The reported number represents a change of +54.8% year over year.
  • Segment Revenues- Realized Performance Revenues: $744.95 million versus the four-analyst average estimate of $587.14 million. The reported number represents a year-over-year change of +117.4%.
  • Segment Revenues- Private Equity- Realized Performance Revenues: $559.38 million versus the four-analyst average estimate of $411.18 million. The reported number represents a year-over-year change of +158.2%.
  • Segment Revenues- Real Estate- Realized Performance Revenues: $132.79 million versus the four-analyst average estimate of $101.97 million. The reported number represents a year-over-year change of +70.2%.
  • Segment Revenues- Credit & Insurance- Fee Related Performance Revenues: $201.72 million compared to the $207.27 million average estimate based on four analysts. The reported number represents a change of +8.6% year over year.
  • Segment Revenues- Credit & Insurance- Realized Performance Revenues: $40.12 million versus the four-analyst average estimate of $63.9 million. The reported number represents a year-over-year change of -6.5%.
  • Segment Revenues- Real Estate- Fee Related Performance Revenues: $124.65 million versus the four-analyst average estimate of $113.38 million. The reported number represents a year-over-year change of +72.1%.

View all Key Company Metrics for Blackstone Inc. here>>>

Shares of Blackstone Inc. have returned -9.2% over the past month versus the Zacks S&P 500 composite's +0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Blackstone Inc. (BX) - free report >>

Published in