secwatch.observer — SEC 8-K summary
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Issuer:     BlackRock, Inc. (BLK)
CIK:        0002012383
Form:       8-K
Filed at:   2026-01-15T23:59:59+00:00
Accession:  0001193125-26-013503
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackRock Q4 2025 AUM $14.0T; base fees and securities lending $5.3B, up 20% YoY
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- AUM of $14.0 trillion as of Dec 31, 2025; long-term organic asset growth rate of 6% LTM.
- Q4 2025 base fees and securities lending revenue $5.3B, up 20% YoY; total revenue up 23% YoY.
- Performance fees rose 67% YoY and 46% sequentially; tech services revenue up 24% YoY.
- Full year 2025 revenue increased 19% YoY; as-adjusted expenses also up 19%.
- Weighted-average diluted shares impacted by shares issued for HPS and GIP acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2012383/000119312526013503/0001193125-26-013503-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2012383/000119312526013503/blk-20260115.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-013503

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