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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenue      
Total revenue $ 24,216 $ 20,407 $ 17,859
Expense      
Employee compensation and benefits 8,446 6,546 5,779
Distribution and servicing costs 2,460 2,171 2,051
Direct fund expense 1,767 1,464 1,331
Sub-advisory and other 233 140 116
Total sales, asset and account expense 4,460 3,775 3,498
General and administration expense 2,731 2,257 2,092
Change in fair value of contingent consideration 720 (36) 3
Restructuring Charge 39 0 61
Amortization and impairment of intangible assets 775 291 151
Total expense 17,171 12,833 11,584
Operating income 7,045 7,574 6,275
Nonoperating income (expense)      
Net gain (loss) on investments 634 492 699
Interest and dividend income 554 767 473
Interest expense (614) (538) (292)
Total nonoperating income (expense) 574 721 880
Income before income taxes 7,619 8,295 7,155
Income tax expense 1,677 1,783 1,479
Net income 5,942 6,512 5,676
Net income attributable to BlackRock, Inc. $ 5,553 $ 6,369 $ 5,502
Earnings per share attributable to BlackRock, Inc. common stockholders:      
Basic $ 35.83 $ 42.45 $ 36.85
Diluted $ 35.31 $ 42.01 $ 36.51
Weighted-average common shares outstanding:      
Basic 154,984,319 150,042,269 149,327,558
Diluted (including Subco Units) 160,866,521 151,615,085 150,706,451
Subco [Member]      
Nonoperating income (expense)      
Net income (loss) attributable to noncontrolling interests $ 127 $ 0 $ 0
CIPs [Member]      
Nonoperating income (expense)      
Net income (loss) attributable to noncontrolling interests 262 143 174
Investment Advisory, Administration Fees and Securities Lending Revenue [Member]      
Revenue      
Total revenue [1],[2] 19,179 16,100 14,399
Investment Advisory, Administration Fees and Securities Lending Revenue [Member] | Investment Advisory and Administration Fees [Member]      
Revenue      
Total revenue 18,474 15,485 13,724
Investment Advisory, Administration Fees and Securities Lending Revenue [Member] | Securities Lending Revenue [Member]      
Revenue      
Total revenue 705 615 675
Investment Advisory Performance Fees [Member]      
Revenue      
Total revenue 1,424 1,207 554
Technology Services and Subscription Revenue [Member]      
Revenue      
Total revenue 1,981 1,603 1,485
Distribution Fees [Member]      
Revenue      
Total revenue 1,355 1,273 1,262
Advisory and Other Revenue [Member]      
Revenue      
Total revenue $ 277 $ 224 $ 159
[1] Amounts include $705 million, $615 million and $675 million of securities lending revenue for 2025, 2024 and 2023, respectively.
[2] Beginning in the first quarter of 2025, BlackRock reclassified the presentation of the Company's investment advisory, administration fees and securities lending revenue line items to align with the updated presentation of the Company's AUM line items. Such line items have been reclassified for 2024 and 2023 to conform to this new presentation. See page 11 of Exhibit 99.2 to the Current Report on Form 8-K furnished on April 11, 2025 for the reclassified presentation of the 2024 and 2023 investment advisory, administration fees and securities lending revenue line items.