BlackRock (BLK) Company Report

Delaware Life Insurance Company is the first carrier to offer Bitcoin exposure in a fixed indexed annuity by adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its FIA portfolio.
The index combines U.S. equities and Bitcoin, targeting 12% volatility through dynamic cash adjustments to manage risk.
Bitcoin exposure is accessed via the iShares Bitcoin Trust ETF (IBIT), the largest and most liquid Bitcoin ETP.
This index option is available on Delaware Life’s Momentum Growth™, Momentum Growth Plus™, and DualTrack Income™ products.
The launch coincides with Bitcoin’s 17th anniversary and the second anniversary of IBIT.

Jan 20, 2026, 3:00 PM

Press Release

DC BLOX secures $240M financing facility from Global Infrastructure Partners

BLK

Debt Issuance

New Projects/Investments

DC BLOX secured $240 million in HoldCo financing from Global Infrastructure Partners, a part of BlackRock.
This facility follows prior $1.15 billion and $265 million Senior Secured Green Loans, further diversifying its capital structure.
Proceeds will fund DC BLOX’s hyperscale data center expansion across the Southeastern US, underpinning its growth strategy in digital infrastructure.
DC BLOX provides integrated hyperscale data centers, subsea cable landing stations, colocation services, and fiber network solutions for hyperscalers and carriers.

Jan 15, 2026, 1:35 PM

Press Release

BlackRock raises $12.5B for AI infrastructure partnership

BLK

New Projects/Investments

M&A

Debt Issuance

BlackRock has raised $12.5 billion toward its $30 billion Global AI Infrastructure Investment Partnership with Microsoft and partners including Nvidia, xAI and MGX.
The consortium aims to fund data centers, power generation and grid infrastructure to address AI energy bottlenecks, using debt to potentially leverage equity into $100 billion of capital.
In October, the partnership agreed to acquire Aligned Data Centers for roughly $40 billion, marking its largest data-center deal to date.
BlackRock’s assets under management reached $14 trillion, driven by record net inflows of nearly $700 billion in 2025, underpinning large-scale infrastructure mobilization.

Jan 15, 2026, 1:25 PM

Bloomberg

BlackRock reports Q4 and full-year 2025 results

BLK

Earnings

Dividends

Share Buyback

BlackRock reported full-year 2025 revenue of $24 B (+19% y/y), operating income of $9.6 B (+18%), and EPS of $48.09 (+10%); Q4 revenue was $7 B (+23%), operating income $2.8 B (+22%) and EPS $13.16 (+10%).
BlackRock attracted $698 B in net inflows in 2025 (including $342 B in Q4), with iShares recording $527 B in 2025 flows and $181 B in Q4.
The board approved a 10% increase to Q1 2026 dividend per share and authorized $1.8 B in share repurchases for 2026; in 2025, the firm returned $5 B to shareholders, including $500 M in Q4 and $1.6 B for the full year.
BlackRock achieved 9% full-year organic base fee growth (12% in Q4) and 16% technology ACV growth in Q4; AUM reached a record $14 T, with base fees running ~35% higher than 2024.

Jan 15, 2026, 12:30 PM

Transcript

BlackRock reports Q4 and full year 2025 results

BLK

Earnings

FY 2025 revenue of $24 billion (+19% yoy), operating income of $9.6 billion (+18%), and EPS of $48.09 (+10%)
Q4 2025 revenue of $7 billion (+23% yoy), operating income of $2.8 billion (+22%), and EPS of $13.16 (+10%)
Clients awarded ~$700 billion in net new assets; organic base fee growth of 9% for the year and 12% in Q4; technology ACV expanded 16%
Record AUM of $14 trillion, with base fee run rate approximately 35% above 2024 and 50% above 2023
Announced 10% dividend per share increase for 2026 and $1.8 billion in planned share repurchases, following a $5 billion payout in 2025

Jan 15, 2026, 12:30 PM

Transcript

BlackRock reports Q4 and full‐year 2025 results

BLK

Earnings

Dividends

Share Buyback

Net inflows of nearly $700 billion in 2025, driving record year-end AUM of $14 trillion.
FY 2025 revenue of $24 billion (+19% YoY), operating income of $9.6 billion (+18%), EPS of $48.09 (+10%); Q4 revenue of $7 billion (+23%), operating income of $2.8 billion (+22%), EPS of $13.16 (+10%).
Organic growth: 9% full‐year base fee growth (12% in Q4) and 16% technology ACV expansion.
Capital returns: 10% dividend per share increase for Q1 2026 and planned share repurchases of $1.8 billion for 2026, following a record $5 billion returned in 2025.

Jan 15, 2026, 12:30 PM

Transcript

BlackRock reports Q4 2025 earnings results

BLK

Earnings

Dividends

Share Buyback

Reported AUM of $14.0 trillion at December 31, 2025 and net long-term inflows of $268 billion in Q4 2025.
Q4 2025 base fees and securities lending revenue totaled $5.3 billion, with base fees up 20% yoy and total revenue increasing 23% yoy.
Achieved operating income of $2.848 billion (45.0% margin) and net income of $2.176 billion, delivering EPS of $13.16 in Q4 2025.
Returned capital via $500 million of share repurchases and maintained a dividend per share of $5.21 in Q4 2025.

Jan 15, 2026, 12:30 PM

Presentation

BlackRock reports Q4 and full year 2025 results

BLK

Earnings

Dividends

Share Buyback

AUM reached $14 trillion, with record net inflows of $342 billion in Q4 and $698 billion for the full year 2025.
Q4 GAAP diluted EPS was $7.16, or $13.16 as adjusted; full year GAAP diluted EPS was $35.31, or $48.09 as adjusted.
Organic base fee growth accelerated to 12% in Q4, driving 9% fee growth over the last twelve months.
Returned $5 billion to shareholders in 2025, including $1.6 billion of Q4 repurchases and a 10% dividend increase to $5.73 per share.

Jan 15, 2026, 11:36 AM

8-K

BlackRock Reaches $14 Trillion, Raises Dividend

BLK

Earnings

Dividends

Share Buyback

BlackRock closed 2025 with a record $14 trillion in AUM after net inflows of $698 billion for the year, including $342 billion in Q4.
Q4 revenue was about $7 billion with adjusted EPS of $13.16, while GAAP net income declined 33% year-over-year to $1.13 billion due to one-time acquisition costs and higher expenses.
ETF inflows totaled $181 billion in Q4, lifting ETF AUM to approximately $5.5 trillion; digital-assets AUM stood near $78 billion and private-markets AUM rose to $323 billion after recent acquisitions.
The board approved a 10% dividend increase to $5.73 per share and authorized an additional buyback of 7 million shares.
Management outlined a 2026 push targeting private markets, active ETFs, target-date funds and retirement channels, aiming for $400 billion in new private-market assets by 2030.

Jan 15, 2026, 11:15 AM

Bloomberg

BlackRock plans 250 job cuts

BLK

Layoffs

BlackRock will cut 250 jobs (about 1% of its global workforce).
Cuts span investment and distribution/sales teams, aligning resources post its $12 billion HPS private-credit acquisition and targeting growth in alternatives.
This is the third ~1% reduction after two similar rounds in 2025 and mirrors broader cost cuts at Citigroup and UBS.
The firm still manages $13.5 trillion AUM with 24,600 employees and will report Q4 earnings on January 15.