Blackstone's Income Statement Analysis: Revenue to Profit Breakdown
Blackstone's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$16.85 B | $7.45 B | $7.44 B | $11.37 B | $13.83 B | $14.99 B |
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Cost of Revenue Direct cost of goods/services. |
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$198.27 M | $317.23 M | $431.87 M | $443.69 M | $1.93 B | $1.87 B |
Gross Profit Revenue minus cost of revenue. |
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$16.65 B | $7.13 B | $7.01 B | $10.93 B | $11.90 B | $13.12 B |
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Operating Expense
Costs to run business. |
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$3.09 B | $3.67 B | $4.05 B | $4.47 B | $4.72 B | $5.80 B |
Research and Development Investment in innovation. |
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- | - | - | - | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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$928.22 M | $1.12 B | $1.24 B | $1.38 B | $1.55 B | $1.20 B |
General and Administrative Corporate overhead costs. |
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$928.22 M | $1.12 B | $1.24 B | $1.38 B | $1.55 B | $1.20 B |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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$2.16 B | $2.55 B | $2.81 B | $3.09 B | $3.17 B | $4.60 B |
Operating Income Profit from operations. |
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$13.56 B | $3.46 B | $2.96 B | $6.46 B | $7.18 B | $7.32 B |
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Net Interest Income
Interest income minus expense. |
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-$37.63 M | -$45.61 M | $84.63 M | -$32.53 M | -$92.22 M | -$100.64 M |
Interest Income Income from investments. |
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$160.64 M | $271.61 M | $516.50 M | $411.16 M | $416.09 M | $426.61 M |
Interest Expense Cost of borrowing. |
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$198.27 M | $317.23 M | $431.87 M | $443.69 M | $508.31 M | $527.25 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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- | - | - | - | - | - |
Total Other Income (Net) Net non-operating items. |
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- | - | - | - | -$6.64 M | -$143.69 M |
Income Before Tax Profit before taxes. |
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$13.56 B | $3.46 B | $2.96 B | $6.46 B | $7.17 B | $7.17 B |
Income Tax Expense Taxes on income. |
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$1.18 B | $472.88 M | $513.46 M | $1.02 B | $1.13 B | $1.08 B |
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Net Income
Final profit. |
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$5.86 B | $1.75 B | $1.39 B | $2.78 B | $3.02 B | $3.05 B |
Net Income From Continuing Operations Profit from core business. |
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$12.37 B | $2.99 B | $2.44 B | $5.44 B | $6.05 B | $6.10 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$8.14 | $2.36 | $1.84 | $3.62 | $3.88 | $3.91 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$8.13 | $2.36 | $1.84 | $3.62 | $3.88 | $3.91 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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719.77 M | 740.66 M | 755.20 M | 766.49 M | 780.92 M | 783.36 M |
Diluted Average Shares Outst. Shares including dilution. |
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720.13 M | 740.94 M | 755.42 M | 766.65 M | 780.92 M | 783.63 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$13.56 B | $3.46 B | $2.96 B | $6.46 B | $7.18 B | $7.32 B |
EBITDA Earnings before interest, tax, D&A. |
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$13.63 B | $3.53 B | $3.00 B | $6.50 B | $7.21 B | $7.37 B |
Depreciation and Amortization Non-cash expense for assets. |
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$74.87 M | $67.10 M | $40.08 M | $35.97 M | $35.90 M | $53.06 M |
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Blackstone's Assets vs Liabilities & Equity
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