BlackRock, Inc. (BLK) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -1.09B | 2.28B | 1.41B | 1.36B | -1.13B | 2.62B | 1.38B | 1.36B | -408M | 2B | 1.58B | 985M | -394M | 1.97B | 1.76B | 1.65B | -422M | 1.92B | 1.77B | 1.83B |
| Operating CF Growth % | 3.55% | -13.03% | 2.39% | -0.07% | -176.47% | 31.03% | -12.37% | 38.58% | -3.55% | 1.27% | -10.45% | -40.12% | 6.64% | 2.92% | -0.79% | -9.91% | 26.35% | -3.13% | 78.29% | 6.97% |
| Net Income | 2.21B | 1.24B | 1.53B | 1.67B | 1.51B | 1.66B | 1.69B | 1.54B | 1.62B | 1.49B | 1.59B | 1.42B | 1.17B | 1.31B | 1.36B | 963M | 1.36B | 1.63B | 1.75B | 1.55B |
| Depreciation & Amortization | 380M | 369M | 346M | 217M | 194M | 200M | 110M | 108M | 111M | 111M | 108M | 102M | 106M | 110M | 109M | 99M | 100M | 110M | 107M | 101M |
| Deferred Taxes | 0 | -393M | -160M | -93M | 15M | -11M | -15M | -39M | -41M | 83M | -17M | 5M | 53M | 706M | -116M | -64M | 76M | -860M | -238M | 131M |
| Other Non-Cash Items | -1.67B | 19M | -1.34B | -1.25B | -1.05B | -247M | -980M | -557M | -1.13B | -679M | -457M | -656M | -554M | -503M | -335M | 169M | -200M | -582M | -533M | -386M |
| Working Capital Changes | -2.01B | 626M | 624M | 600M | -2.04B | 773M | 419M | 137M | -1.15B | 833M | 201M | -47M | -1.33B | 181M | 581M | 303M | -1.96B | 1.43B | 512M | 251M |
| Cash from Investing | -172M | -212M | -923M | 53M | -3.34B | -3.07B | -74M | 163M | -22M | -186M | -270M | -281M | -222M | -416M | -214M | -302M | -198M | -358M | -144M | -285M |
| Purchase of Investments | -318M | -252M | -727M | -203M | -299M | -261M | -133M | -221M | -330M | -191M | -97M | -266M | -318M | -345M | -176M | -245M | -143M | -376M | -239M | -215M |
| Sale/Maturity of Investments | 267M | 77M | 237M | 79M | 151M | 120M | 126M | 310M | 210M | 109M | 85M | 37M | 169M | 52M | 73M | 44M | 73M | 135M | 110M | 74M |
| Net Investment Activity | -51M | -175M | -490M | -124M | -148M | -141M | -7M | 89M | -120M | -82M | -12M | -229M | -149M | -293M | -103M | -201M | -70M | -241M | -129M | -141M |
| Acquisitions | -15M | 0 | -390M | 17M | -3.12B | -2.86B | 0 | -74M | 0 | 0 | -189M | 0 | 0 | 0 | 0 | 0 | 0 | -9M | 0 | -35M |
| Other Investing | 0 | 93M | 35M | 249M | 13M | 22M | 27M | 155M | 162M | 20M | 9M | 9M | 8M | 11M | 25M | 15M | 19M | 18M | 22M | 21M |
| Cash from Financing | -304M | -588M | 96M | 26M | -661M | -578M | 2.36B | -641M | 1.09B | -503M | -735M | 440M | -1.19B | -1.13B | -1.04B | -1.92B | -1.35B | 408M | -629M | -1.48B |
| Dividends Paid | -973M | -850M | -851M | -808M | -838M | -791M | -757M | -758M | -795M | -743M | -748M | -748M | -796M | -731M | -736M | -737M | -786M | -627M | -629M | -630M |
| Share Repurchases | -810M | -514M | -384M | -396M | -657M | -386M | -391M | -519M | -634M | -384M | -396M | -383M | -721M | -505M | -384M | -507M | -936M | -303M | -309M | -305M |
| Stock Issued | 74M | 14M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | -736M | -500M | -384M | -396M | -657M | -386M | -391M | -519M | -634M | -384M | -396M | -383M | -721M | -505M | -384M | -507M | -936M | -303M | -309M | -305M |
| Debt Issuance (Net) | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 0 | -1000K | 0 | 1000K | 1000K | 1000K |
| Other Financing | 1.21B | 830M | 1.35B | 951M | 858M | 632M | 1.11B | 550M | 559M | 645M | 424M | 337M | 342M | 136M | 76M | 73M | 371M | 347M | 295M | -545M |
| Net Change in Cash | -1.63B | 1.49B | 506M | 1.73B | -5.01B | -1.27B | 3.81B | 854M | 638M | 1.42B | 482M | 1.19B | -1.77B | 619M | 316M | -781M | -2.06B | 1.96B | 945M | 73M |
| Exchange Rate Effect | -63M | 12M | -81M | 288M | 110M | -244M | 142M | -33M | -27M | 111M | -89M | 46M | 38M | 188M | -186M | -203M | -90M | -5M | -56M | 7M |
| Cash at Beginning | 11.47B | 10B | 9.49B | 7.76B | 12.78B | 14.05B | 10.24B | 9.39B | 8.75B | 7.33B | 6.85B | 5.66B | 7.43B | 6.81B | 6.5B | 7.28B | 9.34B | 7.38B | 6.43B | 6.36B |
| Cash at End | 9.84B | 11.47B | 10B | 9.49B | 7.76B | 12.78B | 14.05B | 10.24B | 9.39B | 8.75B | 7.33B | 6.85B | 5.66B | 7.43B | 6.81B | 6.5B | 7.28B | 9.34B | 7.38B | 6.43B |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -1.19B | 2.15B | 1.34B | 1.27B | -1.21B | 2.53B | 1.29B | 1.36B | -472M | 1.87B | 1.5B | 924M | -475M | 1.84B | 1.62B | 1.53B | -569M | 1.79B | 1.74B | 1.7B |
| FCF Growth % | 1% | -15.07% | 3.81% | -6.11% | -155.51% | 34.9% | -14.09% | 46.97% | 0.63% | 1.9% | -7.76% | -39.57% | 16.52% | 2.68% | -6.51% | -9.85% | 8.37% | -6.96% | 81.88% | 2.23% |