Contact us Find us Register
Back to previous section

BlackRock posts better-than-expected Q1 earnings despite modest AuM decline.

BlackRock posted better‑than‑expected first‑quarter results on Tuesday, even as the world's largest asset manager reported a slight dip in assets under management.

  • Blackrock Inc.
  • 14 April 2026 13:05:56
BlackRock

Source: Sharecast

New York-based BlackRock reported higher profit on the back of strong inflows into its exchange‑traded funds and a sharp rise in performance fees.

However, AUM slipped to $13.89trn - up from $11.58trn a year earlier but down from the record $14.04trn reached in Q425 — as weaker markets reduced the value of client portfolios despite continued inflows.

First‑quarter net profits rose to $2.21bn, or $14.06 per share, up from $1.51bn, or $9.64 per share, a year earlier, while total net inflows reached $130bn, driven largely by iShares ETFs, and private markets attracted a further $9bn.

Performance fees jumped to $272m, compared with $60m in the same period last year.

As of 1305 BST, BlackRock shares were up 2.96% in pre-market action at $1,054 each.

Reporting by Iain Gilbert at Sharecast.com

S&P 500 ( S500 )

ISIN: N/A
Exchange: New York Stock Exchange
Sell:
7,080.82
Buy:
7,155.65
Change: 84.78 ( 1.20 %)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

View our accounts

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.