Filing Flows › BlackRock (BLK) › Operating margin
BlackRock (BLK) operating margin by quarter
BlackRock's operating margin was 30.0% in Q3 2026 (third quarter 2026), -4.7 pts from Q2 2026. Over the last 5 quarters it ranged from 23.7% (Q4 2025) to 42.0% (Q1 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 30.0% | -4.7 pts | -0.0 pts |
| Q2 2026 | 34.7% | -7.3 pts | — |
| Q1 2026 | 42.0% | +18.3 pts | — |
| Q4 2025 | 23.7% | -6.3 pts | — |
| Q3 2025 | 30.0% | — | — |
Q3 2026 at a glance
BlackRock, Q3 2026: revenue $7.8B (+19% year over year), operating margin 30.0%, net earnings $1.7B, operating cash flow $2.7B. The chart follows the revenue to costs, profit and cash.
Questions
What is BlackRock's operating margin?
BlackRock's operating margin was 30.0% in Q3 2026 (third quarter 2026), -4.7 pts from Q2 2026.
How has BlackRock's operating margin changed?
Over the last 5 quarters it ranged from 23.7% (Q4 2025) to 42.0% (Q1 2026).