BlackRock Reports Mixed Q1 Earnings: EPS Exceeds but Revenue Falls Short

BlackRock, Inc. (NYSE: BLK) delivered mixed results for the first quarter of 2025. The company exceeded expectations for earnings per share, though revenue fell short of projections. The positive performance was driven by substantial net inflows into its ETFs and private market investments, according to analysis by financial expert Tim Fries and The Tokenist. This growth fueled a strong start to the year, marked by an impressive diluted EPS of $9.64 and $11.30 adjusted. 2025’s robust performance was fueled by a significant rise in iShares ETF inflows, along with gains from private market investments and active net inflows. Revenue for the quarter jumped by 12% year-over-year, reaching $5.276 billion, driven by positive market trends, organic fee growth, and fees from the GIP Transaction. Notably, technology services and subscriptions saw a remarkable 16% increase compared to Q1 2024, largely fueled by the success of Aladdin® and the impact of the Preqin acquisition.