---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-237960"
form_type: "8-K"
ticker: "BLK"
cik: "0002012383"
company_name: "BlackRock, Inc."
filed_at: "2025-10-14T23:59:59+00:00"
generated_at: "2026-05-17T03:59:54.299322+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "medium"
source: SEC EDGAR
---

# BlackRock Q3 2025 AUM $13.5T, base fees $5.0B, revenue up 25% YoY

## Summary
- AUM reached $13.5 trillion at September 30, 2025.
- Base fees and securities lending revenue $5.0 billion in Q3 2025.
- Total revenue increased 25% year-over-year and 20% sequentially.
- Q3 results include approximately $205 million in fees from the HPS acquisition.
- Weighted-average diluted shares impacted by 8.5 million Subco Units from HPS.

## SEC filing metadata
- accession: 0001193125-25-237960
- form_type: 8-K
- ticker: BLK
- cik: 0002012383
- company_name: BlackRock, Inc.
- filed_at: 2025-10-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: medium
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2012383/000119312525237960/0001193125-25-237960-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2012383/000119312525237960/blk-20251014.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-237960
- JSON: https://secwatch.observer/filing/0001193125-25-237960.json
- Plain text: https://secwatch.observer/filing/0001193125-25-237960.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.