BLK Q2 earnings — Revenue +31% YoY · EPS +22% YoY · EBIT -5% YoY贝莱德 (BLK) Q2 财报 — 营收 +31% YoY · EPS +22% YoY · EBIT -5% YoY
Core Earnings Data
BlackRock, Inc. (BLK) filed its Q2 2026 earnings results via SEC 8-K Item 2.02 on July 15, 2026. Key year-over-year financial metrics include: $7.084 billion in revenue, up 30.6% YoY; diluted earnings per share (EPS) of $12.39, up 21.6% YoY; and earnings before interest and taxes (EBIT) of $2.30 billion, down 5.2% YoY. The results beat consensus analyst estimates: revenue exceeded the expected $6.727 billion by 5.3%, while GAAP diluted EPS came in at $13.91, beating the expected $12.69 by 9.5%.
Operating Leverage Analysis
The report shows strong YoY revenue growth paired with declining EBIT, indicating margin compression. Revenue rose by $1.661 billion YoY, but EBIT fell by $120 million YoY. EBIT growth lagged revenue growth by 35.8 percentage points, with overall margin falling from ~44.6% in Q2 2025 to ~32.5% in Q2 2026.
Forward Guidance and Cross-Reference Signals
BlackRock did not issue quarterly earnings forward guidance in this 8-K filing. Consistent with public filings, on July 2, 2026, nine independent directors received zero-cost equity awards ranging from 21 to 41 shares, with no secondary market share purchases or sales reported. As of December 31, 2025, BlackRock had 2,410 institutional holders (up 117 quarter-over-quarter), representing 78.4% of the float, with 295 new positions, 1,195 increased positions, 816 reduced positions, and 181 closed positions.
Undisclosed Details and Follow-Up Markers
This filing does not include segmented financial performance data, end-of-quarter assets under management (AUM) movement details, or explicit forward business outlook. Follow-up disclosures will include segmented results in the upcoming Q2 2026 10-Q filing, as well as subsequent institutional holding updates through August and beyond.
核心财报数据
贝莱德（BLK）于2026年7月15日通过SEC 8-K表格第2.02项提交2026年第二季度财报，核心同比财务数据为：营收70.84亿美元，同比增长30.6%；摊薄每股收益（EPS）12.39美元，同比增长21.6%；息税前利润（EBIT）23.00亿美元，同比下滑5.2%。此次财报超出市场普遍预期：营收较分析师预期的67.27亿美元高出5.3%，GAAP摊薄EPS较预期的12.69美元高出9.5%（实际为13.91美元）。
运营杠杆分析
本次财报显示营收大幅同比增长，但EBIT同比下滑，出现利润率压缩。营收同比增加16.61亿美元，但EBIT同比减少1.20亿美元，EBIT增速落后于营收增速35.8个百分点，整体利润率从2025年第二季度的约44.6%下滑至2026年第二季度的约32.5%。
前瞻指引与交叉参考信号
贝莱德未在本次8-K文件中发布季度业绩前瞻指引。结合同期公开信号来看，2026年7月2日，9名独立董事均获得0成本股权激励，持股数量从21股至41股不等，未进行任何二级市场增减持操作。截至2025年12月31日，贝莱德机构持股比例达78.4%，共有2410家机构持有者，较上一季度增加117家，其中295家新建头寸、1195家增持、816家减持、181家清仓。
未披露信息与后续关注
本次财报未披露各业务板块细分财务数据、季度末资产管理规模（AUM）变动细节，也未提供明确的后续业务展望。后续需关注10-Q季度报告中披露的细分板块表现，以及8月及之后的机构持仓更新数据。
This analysis was generated by InvestLog AI based on SEC filings, Form 4 insider transactions, Form 144 planned-sale notices, 13F institutional holdings, analyst ratings, and market data. It is for informational purposes only and does not constitute investment advice.这篇研究由 InvestLog AI 基于 SEC 披露、Form 4 内部人交易、Form 144 计划减持、13F 机构持仓、分析师评级和市场数据生成。内容仅供参考，不构成投资建议。