Blackstone Q2 Distributable Profit Jumps 26% on Exits and AI Investments, Beating Estimates
Blackstone reported a 26% increase in second-quarter distributable earnings, pushing adjusted earnings per share to $1.52 and beating analyst estimates of $1.32. The asset manager generated $5.04B in revenue, driven by profits from recent asset exits and investments tied to the artificial intelligence buildout.
AI investments contributed across all major business segments, lifting private equity and real estate distributable earnings by 31% and 32% respectively. The firm also reported $68.3B of inflows and total assets under management of $1.35T, while raising its quarterly dividend to $1.29 per share to be paid in August.
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@wsjmarketsBlackstone’s earnings surged in the second quarter, as it reaped in revenue from investments in the country’s massive AI build-out that span all of the asset manager’s major businesses
@wallstengineBLACKSTONE $BX Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $5.04B 🔹 Adj. EPS: $1.52 (Est. $1.32) 🟢; +26% YoY 🔹 Total AUM: $1.35T; +11% YoY 🔹 Inflows: $68.3B in the quarter Other Q2 Metrics: 🔹 FRE per Share: $1.43; +20% YoY 🔹 Fee-Earning AUM: $96
@wsjBlackstone’s earnings surged in the second quarter, as it reaped in revenue from investments in the country’s massive AI build-out that span all of the asset manager’s major businesses
@thetranscript_Blackstone CEO: "Blackstone delivered an outstanding second quarter, highlighted by strong growth in earnings and nearly $70 billion of inflows." $BX: -1% Pre-Market
@businessBlackstone reports a 26% jump in distributable earnings for the second quarter, buoyed by profits from exits and its artificial intelligence-related investments
@bloombergtvBlackstone President and COO Jon Gray says that the power of AI is being underestimated and that AI is creating new revenue streams. Blackstone reported a 26% jump in distributable earnings for the second quarter, buoyed by profits from e