BlackRock's Revenue by Segment
In fiscal year 2025, BlackRock's revenue by segment (products & services) are as follows:
- Distribution and Shareholder Service: $1.36 B
- Investment Advice: $19.18 B
- Investment Performance: $1.42 B
- Service, Other: $277.00 M
Learn more about BlackRock’s Revenue by Geography
Check out competitors to BlackRock in a side-by-side comparison.
Explore additional financial metrics for BlackRock.
BlackRock's Revenue Share by Segment
| Distribution And Shareholder Service | 1262000000 |
|---|---|
| Investment Advice | 14399000000 |
| Investment Performance | 554000000 |
| Technology Service | 1485000000 |
| Distribution and Shareholder Service | 1273000000 |
|---|---|
| Investment Advice | 16100000000 |
| Investment Performance | 1207000000 |
| Service, Other | 224000000 |
| Technology Service | 1603000000 |
| Distribution and Shareholder Service | 1355000000 |
|---|---|
| Investment Advice | 19179000000 |
| Investment Performance | 1424000000 |
| Service, Other | 277000000 |
The above chart shows BlackRock's revenue percentage share by segment (products and services).
In fiscal year 2023, BlackRock's revenue by segment is as follows:
- Distribution And Shareholder Service generated $1.26 B in revenue, representing 7.13% of its total revenue.
- Investment Advice generated $14.40 B in revenue, representing 81.35% of its total revenue.
- Investment Performance generated $554.00 M in revenue, representing 3.13% of its total revenue.
- Technology Service generated $1.49 B in revenue, representing 8.39% of its total revenue.
The biggest segment for BlackRock is the Investment Advice, which represents 81.35% of its total revenue.
The smallest segment for BlackRock is the Investment Performance, which represents 3.13% of its total revenue.
The above chart shows BlackRock's revenue percentage share by segment (products and services).
In fiscal year 2024, BlackRock's revenue by segment is as follows:
- Distribution and Shareholder Service generated $1.27 B in revenue, representing 6.24% of its total revenue.
- Investment Advice generated $16.10 B in revenue, representing 78.89% of its total revenue.
- Investment Performance generated $1.21 B in revenue, representing 5.91% of its total revenue.
- Service, Other generated $224.00 M in revenue, representing 1.1% of its total revenue.
- Technology Service generated $1.60 B in revenue, representing 7.86% of its total revenue.
The biggest segment for BlackRock is the Investment Advice, which represents 78.89% of its total revenue.
The smallest segment for BlackRock is the Service, Other, which represents 1.1% of its total revenue.
The above chart shows BlackRock's revenue percentage share by segment (products and services).
In fiscal year 2025, BlackRock's revenue by segment is as follows:
- Distribution and Shareholder Service generated $1.36 B in revenue, representing 6.09% of its total revenue.
- Investment Advice generated $19.18 B in revenue, representing 86.26% of its total revenue.
- Investment Performance generated $1.42 B in revenue, representing 6.4% of its total revenue.
- Service, Other generated $277.00 M in revenue, representing 1.25% of its total revenue.
The biggest segment for BlackRock is the Investment Advice, which represents 86.26% of its total revenue.
The smallest segment for BlackRock is the Service, Other, which represents 1.25% of its total revenue.
Summary Table
| Products & Services (Percent Share) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Distribution And Shareholder Service | 7.13% | - | - |
| Investment Advice | 81.35% | 78.89% | 86.26% |
| Investment Performance | 3.13% | 5.91% | 6.4% |
| Technology Service | 8.39% | 7.86% | - |
| Service, Other | - | 1.1% | 1.25% |
| Distribution and Shareholder Service | - | 6.24% | 6.09% |
| Total Revenue | 100% | 100% | 100% |
BlackRock's Segments Revenue Trend
The above chart shows the revenue trend of different segments of BlackRock.
In fiscal year 2025, the Investment Advice generated the most revenue ($19.18 B), and the Service, Other generated the least revenue ($277.00 M).
BlackRock's Revenue Growth Drivers
The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.
Summary Table
| Products & Services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Distribution And Shareholder Service | $1.26 B - | - - | - - |
| Distribution and Shareholder Service | - - | $1.27 B - |
$1.36 B
6.44%
|
| Investment Advice | $14.40 B - |
$16.10 B
11.81%
|
$19.18 B
19.12%
|
| Investment Performance | $554.00 M - |
$1.21 B
117.87%
|
$1.42 B
17.98%
|
| Service, Other | - - | $224.00 M - |
$277.00 M
23.66%
|
| Technology Service | $1.49 B - |
$1.60 B
7.95%
|
- - |
| Total Revenue | $17.70 B - |
$20.41 B
15.29%
|
$22.24 B
8.96%
|





