secwatch.observer — SEC 8-K summary
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Issuer:     BlackRock, Inc. (BLK)
CIK:        0002012383
Form:       8-K
Filed at:   2025-07-15T23:59:59+00:00
Accession:  0000950170-25-095711
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackRock Q2 2025 AUM $12.5T, revenue +13% YoY, base fees $4.5B
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- AUM reached $12.5 trillion at June 30, 2025; Q2 base fees and securities lending revenue $4.5 billion.
- Total revenue up 13% YoY; base fees +15%, technology services +26%, performance fees down 43%.
- Adjusted operating expenses rose 14% YoY with employee compensation up 12%.
- Long-term ETFs organic asset growth +11% LTM; institutional index organic growth -2%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2012383/000095017025095711/0000950170-25-095711-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2012383/000095017025095711/blk-20250715.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-095711

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer