Recent Updates — BLK
BlackRock, Inc. reported second quarter 2026 financial results, featuring a 31% year-over-year revenue increase to $7.08 billion and a 20% increase in GAAP diluted earnings per share to $12.19. Assets under management reached a record $15.3 trillion, supported by $192 billion in second-quarter net inflows. Operating income rose 42% year-over-year to $2.46 billion. The company repurchased $450 million of shares during the quarter and increased its planned 2026 share repurchase authorization to $2 billion, with a planned quarterly rate of $550 million. BlackRock is an investment management corporation providing diverse financial products and technology services.
BlackRock, Inc. filed a prospectus supplement to register the issuance of up to 12,035,866 shares of common stock to holders of Class B-2 membership units of BlackRock Saturn Subco, LLC. These shares are issuable upon redemption of SubCo Units related to the HPS Investment Partners acquisition. BlackRock, Inc. is an investment management company.
BlackRock, Inc. reported its results of operations for the three months ended March 31, 2026. The company is also hosting an investor conference call and webcast to discuss these first-quarter earnings results.
BlackRock, Inc. has amended its revolving credit agreement to increase the aggregate commitment by $400 million, bringing the total facility to $6.3 billion. The amendment also extends the maturity date to March 31, 2031, and removes the secured overnight financing rate (SOFR) adjustment for all SOFR-based loans.
BlackRock, Inc. elected Gregg R. Lemkau to serve as an independent director on its Board of Directors, effective January 27, 2026. Mr. Lemkau joins the company from BDT & MSD Partners, where he has served as Co-Chief Executive Officer.