Blackstone Q3 Net Income Rises; Total AUM Up 10%
Blackstone (BX) reported Q3 net income of $662.37M ($0.83/share), up from $624.92M ($0.80/share) last year. Fee-related earnings rose to $1.6B ($1.26/share). Revenue fell 0.8% to $3.06B. AUM increased 10% to $1.37T. CEO Schwarzman highlighted strong performance and $63B inflows. The company declared a $1.12/share dividend. Pre-market, shares dropped 2.73% to $106.61.
How this was made
The 30-second read
Why it matters
Earnings beat on net income but miss on revenue led to a 2.73% pre‑market decline, suggesting short‑term downside pressure.
Market read
The earnings release provides fresh data for traders to assess Blackstone's valuation and short‑term price direction.
What to watch
Strong fee‑earning AUM growth of 9% YoY may offset short‑term revenue softness.
Background
Blackstone (BX) released its Q3 2026 earnings, highlighting net income, revenue, AUM growth, and a new quarterly dividend.
Ticker impact
Blackstone reported Q3 earnings with net income of $662.37M, a modest increase YoY, but revenue fell 0.8% and shares dropped 2.73% pre‑market.
likely pressure as the market prices in the slight revenue miss and modest earnings growth
The combination of lower revenue, flat earnings per share and a 2.73% pre‑market drop suggests traders will sell on the news.
Market effects
Private‑equity sector may see heightened scrutiny on fee‑related earnings growth.
US large‑cap investors may adjust exposure to alternative asset managers.
Blackstone's AUM growth signals continued capital inflows into private markets worldwide.
Counterpoint
The dividend increase to $1.12 per share could attract income‑focused investors despite the earnings miss.
Key entities
- companyBlackstone
Global private‑equity firm reporting Q3 results.
- executiveStephen Schwarzman
CEO of Blackstone who announced the results and dividend.


