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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Performance Allocations        
Realized $ 829,820 $ 531,641 $ 1,391,870 $ 1,184,158
Unrealized 313,283 122,229 576,484 568,172
Principal Investments        
Realized 97,171 74,045 282,713 152,642
Unrealized 365,391 (31,776) 524,104 429,847
Total Investment Income 1,605,665 696,139 2,775,171 2,334,819
Interest and Dividend Revenue 100,389 104,999 197,809 202,838
Other (225,063) 19,631 (298,673) 64,451
Total Revenues 3,711,900 2,796,381 7,001,358 6,484,209
Expenses        
Compensation 870,358 766,647 1,899,720 1,561,450
Incentive Fee Compensation 67,363 77,139 124,392 150,846
Performance Allocations Compensation        
Realized 331,191 260,736 573,081 519,630
Unrealized 152,618 101,680 256,177 282,580
Total Compensation and Benefits 1,421,530 1,206,202 2,853,370 2,514,506
General, Administrative and Other 360,817 311,928 693,190 681,878
Interest Expense 135,822 108,616 253,937 216,819
Fund Expenses 14,434 5,960 26,538 9,910
Total Expenses 1,932,603 1,632,706 3,827,035 3,423,113
Other Income        
Net Gains from Fund Investment Activities 136,330 44,934 193,905 27,167
Total Other Income 136,330 44,934 193,905 27,167
Income Before Provision for Taxes 1,915,627 1,208,609 3,368,228 3,088,263
Provision for Taxes 289,494 260,246 533,321 543,917
Net Income 1,626,133 948,363 2,834,907 2,544,346
Net Income (Loss) Attributable to Redeemable Non-Controlling Interests in Consolidated Entities 18,209 258 26,109 (39,411)
Net Income Attributable to Non-Controlling Interests in Consolidated Entities 240,836 100,583 341,383 203,410
Net Income Attributable to Non-Controlling Interests in Blackstone Holdings 602,844 403,108 1,088,319 1,088,547
Net Income Attributable to Blackstone Inc. $ 764,244 $ 444,414 $ 1,379,096 $ 1,291,800
Net Income Per Share of Common Stock        
Basic $ 0.98 $ 0.58 $ 1.77 $ 1.69
Diluted $ 0.98 $ 0.58 $ 1.77 $ 1.69
Weighted-Average Shares of Common Stock Outstanding        
Basic 782,386,121 769,187,351 777,120,501 764,492,944
Diluted 782,401,237 769,234,677 777,447,168 764,746,162
Management and Advisory Fees, Net        
Revenues        
Revenues $ 2,035,495 $ 1,787,313 $ 3,939,812 $ 3,514,461
Incentive Fees        
Revenues        
Revenues $ 195,414 $ 188,299 $ 387,239 $ 367,640