01—Abstract
Summary
Summary of the 8-K filed October 22, 2026. Cited figures are marked; the original filing is the authoritative source.
Blackstone Inc. (BX) reported its third quarter 2026 financial results on October 22, 2026.
The company showcased strong performance despite a volatile external environment, with flagship strategies outperforming public market indices and significant inflows of $63 billiona, indicating positive momentum across fundraising channels. Key financial metrics highlight robust operational performance, with Fee Related Earnings (FRE) reaching $1.6 billion for the quarter ($1.26/share) and Distributable Earnings (DE) at $1.7 billion ($1.32/share).
The company also declared a quarterly dividend of $1.12b per common share, underscoring its commitment to returning capital to shareholders. Blackstone's total Assets Under Management (AUM) grew to $1,368.3 billion, up 10% year-over-year, driven by substantial inflows across its diverse investment strategies.
02—Key points
Key Highlights
- Strong quarterly inflows of $63.3 billion, contributing to $271.6 billion over the last twelve months (LTM).
- Fee Related Earnings (FRE) of $1.6 billion for the quarter and $6.4 billion LTM.
- Distributable Earnings (DE) of $1.7 billion for the quarter and $7.7 billion LTM.
- Total Assets Under Management (AUM) reached $1,368.3 billion, a 10% year-over-year increase.
- Declared a quarterly dividend of $1.12 per common share, payable on November 9, 2026.
- Share repurchases of 0.2 million common shares in the quarter.
- Net Accrued Performance Revenues stood at $7.3 billion ($5.84/share).
03—Questions
Frequently Asked Questions
What were Blackstone's key financial performance indicators for Q3 2026?
Blackstone reported Fee Related Earnings (FRE) of $1.6 billion ($1.26/share) for the third quarter of 2026, and Distributable Earnings (DE) of $1.7 billion ($1.32/share). Over the last twelve months (LTM), FRE was $6.4 billion ($5.20/share) and DE was $7.7 billion ($5.95/share).
How did Blackstone's Assets Under Management (AUM) perform in Q3 2026?
Total AUM increased to $1,368.3 billion as of September 30, 2026, marking a 10% increase year-over-year. This growth was driven by inflows of $63.3 billion during the quarter and $271.6 billion over the LTM. Fee-Earning AUM also saw a healthy increase, reaching $989.7 billion, up 9% year-over-year.
What is the company's capital return policy for shareholders in Q3 2026?
Blackstone declared a quarterly dividend of $1.12 per common share, payable on November 9, 2026, to shareholders of record on November 2, 2026. Over the LTM, Blackstone has returned $6.7 billion to shareholders through dividends and share repurchases, including the repurchase of 0.8 million common shares over the same period.
How did Blackstone's different business segments perform in Q3 2026?
The filing provides detailed segment performance, showing that Fee Related Earnings (FRE) increased by 6% year-over-year to $1.57 billion. Distributable Earnings (DE) for the total segments were $1.9 billion in Q3 2026, down 4% year-over-year, but the YTD DE increased by 13% to $6.1 billion.
04—Continue