Blackstone Inc. (BX) Releases Q4 2025 Earnings: Revenue and Profitability Surge

Blackstone Inc. (BX) reported fourth-quarter 2025 results showing robust top-line growth and significant margin improvement.

Revenue: $4.36 billion (+41.45% year-over-year)

Gross profit: $2.81 billion (+181.73% year-over-year)

Operating profit: $2.36 billion (+258.77% year-over-year)

Net income attributable to common shareholders: $1.02 billion (+44.23% year-over-year)

Diluted earnings per share: $1.30 (+42.86% year-over-year)

Margins expanded materially as cost of sales declined and operating leverage kicked in, boosting both gross and operating profitability.

Cost of sales: $1.55 billion (-25.7% year-over-year)

Cash from operating activities: $1.07 billion (+561.56% year-over-year)

Purchases of property, plant and equipment: -$22.35 million (+88.04% year-over-year)

Cash and cash equivalents: $2.63 billion (+33.42% year-over-year)

Total liabilities: $25.83 billion (+7.73% year-over-year)

Overall, Blackstone's Q4 performance reflects strong revenue growth, improved profitability and solid cash generation, reinforcing its balance sheet position heading into 2026.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Blackstone Inc. Insider Trading Activity

Blackstone Inc. insiders have traded $BX stock on the open market 12 times in the past 6 months. Of those trades, 9 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $BX stock by insiders over the last 6 months:

JOSEPH BARATTA has made 0 purchases and 2 sales selling 113,000 shares for an estimated $19,853,482.
JAMES BREYER has made 3 purchases buying 27,070 shares for an estimated $3,991,334 and 0 sales.
JOHN G FINLEY (Chief Legal Officer) sold 21,500 shares for an estimated $3,686,390
RUTH PORAT has made 6 purchases buying 926 shares for an estimated $127,388 and 0 sales.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Blackstone Inc. Hedge Fund Activity

We have seen 1,076 institutional investors add shares of Blackstone Inc. stock to their portfolio, and 1,002 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

KINGSTONE CAPITAL PARTNERS TEXAS, LLC removed 70,132,441 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $11,982,127,544
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 11,851,280 shares (-73.0%) from their portfolio in Q4 2025, for an estimated $1,826,756,299
JPMORGAN CHASE & CO removed 4,945,060 shares (-19.9%) from their portfolio in Q4 2025, for an estimated $762,231,548
CAPITAL WORLD INVESTORS removed 4,455,811 shares (-27.8%) from their portfolio in Q4 2025, for an estimated $686,818,707
CAPITAL RESEARCH GLOBAL INVESTORS added 3,178,133 shares (+99.2%) to their portfolio in Q4 2025, for an estimated $489,877,420
LAZARD ASSET MANAGEMENT LLC removed 2,131,240 shares (-59.0%) from their portfolio in Q4 2025, for an estimated $328,509,333
EDGEWOOD MANAGEMENT LLC removed 2,112,578 shares (-26.9%) from their portfolio in Q4 2025, for an estimated $325,632,772

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Blackstone Inc. Congressional Stock Trading

Members of Congress have traded $BX stock 4 times in the past 6 months. Of those trades, 2 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $BX stock by members of Congress over the last 6 months:

REPRESENTATIVE JULIE JOHNSON has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 12/18, 11/13.
REPRESENTATIVE DAN NEWHOUSE purchased up to $15,000 on 12/11.
REPRESENTATIVE MARJORIE TAYLOR GREENE purchased up to $15,000 on 10/24.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

Blackstone Inc. Analyst Ratings

Wall Street analysts have issued reports on $BX in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Citizens issued a "Market Outperform" rating on 01/30/2026
JMP Securities issued a "Market Outperform" rating on 10/24/2025
TD Cowen issued a "Buy" rating on 10/24/2025
Morgan Stanley issued a "Overweight" rating on 10/21/2025
BMO Capital issued a "Outperform" rating on 10/03/2025

To track analyst ratings and price targets for Blackstone Inc., check out Quiver Quantitative's $BX forecast page.

Blackstone Inc. Price Targets

Multiple analysts have issued price targets for $BX recently. We have seen 11 analysts offer price targets for $BX in the last 6 months, with a median target of $179.0.

Here are some recent targets:

Bart Dziarski from RBC Capital set a target price of $179.0 on 02/24/2026
Michael Brown from UBS set a target price of $137.0 on 02/20/2026
Crispin Love from Piper Sandler set a target price of $158.0 on 02/02/2026
Benjamin Budish from Barclays set a target price of $164.0 on 01/30/2026
Brian McKenna from Citizens set a target price of $195.0 on 01/30/2026
Bill Katz from TD Cowen set a target price of $183.0 on 01/30/2026
Kenneth Worthington from JP Morgan set a target price of $158.0 on 01/30/2026