---
schema_version: "secwatch.filing_event.v1"
accession: "0001662972-26-000057"
form_type: "8-K"
ticker: "BSTT"
cik: "0001662972"
company_name: "Blackstone Real Estate Income Trust, Inc."
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:35:00.636837+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "medium"
source: SEC EDGAR
---

# BREIT Q1 preliminary same property NOI up ~3% YoY; net loss narrows sharply

## Summary
- Preliminary estimated net loss $375.8M-$395.1M vs Q1 2025 loss of $1.84B, a significant improvement.
- Same property NOI attributable to BREIT stockholders up ~3% YoY, to $1.22B-$1.28B (midpoint ~$1.25B).
- Key non-cash adjustments include impairment of $132M-$139M and depreciation/amortization of $741M-$780M.
- Results are preliminary, subject to change upon completion of Q1 financial review; not audited.

## SEC filing metadata
- accession: 0001662972-26-000057
- form_type: 8-K
- ticker: BSTT
- cik: 0001662972
- company_name: Blackstone Real Estate Income Trust, Inc.
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: medium
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1662972/000166297226000057/0001662972-26-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1662972/000166297226000057/breit-20260422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001662972-26-000057
- JSON: https://secwatch.observer/filing/0001662972-26-000057.json
- Plain text: https://secwatch.observer/filing/0001662972-26-000057.txt

## Key facts
- Earnings Releases
  Blackstone Real Estate Income Trust, Inc. reported preliminary financial results for the three months ended March 31, 2026.
  - Period: the three months ended March 31, 2026
  - Result: preliminary results
  source text: Certain Preliminary Estimated Unaudited Financial Results for the Three Months ended March 31, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1662972/000166297226000057/0001662972-26-000057-index.htm

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