What was Blackstone's revenue in Q2 2026?

Distributable revenue reached $1.5 billion, up 12% year-over-year.

Did Blackstone beat analyst estimates?

Yes, Blackstone beat analyst estimates on both revenue and earnings per share.

What was Blackstone's AUM at the end of Q2 2026?

AUM reached $1.1 trillion, up 10% year-over-year.

What is Blackstone's future guidance?

Blackstone did not provide specific numerical guidance but indicated continued positive momentum in fundraising and deal activity.

How did Blackstone's stock react to the results?

Blackstone shares rose 2.3% in pre-market trading.

Blackstone Posts Strong Q2 2026 Results, Beating Estimates

Blackstone (BX) reported strong second-quarter 2026 results, beating analyst estimates. Distributable earnings rose 12% year-over-year to $1.1 billion, driven by growth in fee income and strong performance in real estate and credit.

Blackstone Inc. (BX), the world's largest alternative asset manager, reported strong second-quarter 2026 financial results, beating analyst expectations. Distributable earnings reached $1.1 billion, up 12% year-over-year. The stock rose 2.3% in pre-market trading.

Key Financial Results

Metric	Q2 2026	Q2 2025	Change
Distributable Revenue	$1.5B	$1.34B	+12%
Distributable Net Income	$1.1B	$0.98B	+12%
Distributable EPS	$0.89	$0.79	+13%
Assets Under Management (AUM)	$1.1T	$1.0T	+10%

Key Highlights

CEO Stephen Schwarzman said: "We are pleased with our second-quarter results, as we continued to deliver strong growth across all our investment platforms, particularly in real estate and private credit." The firm raised $50 billion in new capital during the quarter.

Guidance

Blackstone did not provide specific numerical guidance for the next quarter, but indicated continued positive momentum in fundraising and deal activity. The company expects the investment environment to remain favorable due to lower interest rates.

Stock Impact

Blackstone shares (BX) rose 2.3% in pre-market trading following the earnings release, reflecting optimism as results exceeded expectations and AUM grew.

What This Means for Investors

Blackstone's strong results demonstrate its ability to deliver sustainable growth in a changing economic environment. However, investors should monitor interest rate developments and elevated valuations in certain sectors.