BlackRock posts record Q3 profit, AUM and $205 bn net inflows

BlackRock reported third‑quarter 2026 adjusted earnings of $15.93 per share, beating consensus by $1.63, and revenue of $7.75 bn, up 19% YoY. Net profit rose 26% to $1.66 bn and assets under management reached a record $15.49 tn, driven by $134.5 bn of new iShares ETF flows and $15.31 bn of private‑credit inflows. The firm also announced a $2.8 bn joint‑venture acquisition with Humana’s HPS Investment Partners.

The earnings beat and record inflows suggest higher fee revenue and margin expansion, which could support continued dividend growth and share‑buyback capacity (as noted in the earnings release). Analysts at TD Cowen raised their price target on the beat.

  • 1Adjusted EPS was $15.93 per share, beating estimates by $1.63.
  • 2Revenue was $7.75 bn, up 19% YoY.
  • 3Net profit increased 26% YoY to $1.66 bn.
  • 4Assets under management grew to $15.49 tn, from $13.46 tn a year earlier.
  • 5Net inflows totaled $205 bn, including $134.5 bn into iShares ETFs.
  • 6Private‑credit net flows were $15.31 bn in the quarter.

Sources