Blackstone Quarterly Cash Flow Statement
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At close: Oct 9, 4:03 PM ET · Delayed 15 min
Blackstone free cash flow
In the quarter ended Jun 30, 2026, Blackstone generated $1.94 billion of operating cash flow and spent $32.0 million on capital expenditures. That left free cash flow of $1.91 billion, a free-cash-flow margin of 37.9% of revenue. Free cash flow was up 125.1% from the prior year's $848.4 million.
Blackstone returned $1.53 billion to shareholders through dividends, equal to 80% of free cash flow. Free cash flow covered dividend payments 1.2 times.
Summary generated from market data by MetaCap's automated system. Methodology
Blackstone cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q1 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 2.36B | 1.26B | 1.97B | 1.24B | 1.63B | 1.21B | 1.33B | 1.56B | 948.36M | 1.60B | 109.12M | 920.74M |
| Net Income growth (YoY) | +44.89% | +4.06% | +48.61% | -20.94% | +71.47% | -24.26% | +1117.73% | +69.93% | -21.21% | +657.54% | -85.32% | +24784.92% |
| Stock-Based Compensation | 354.60M | 560.86M | 358.59M | 303.30M | 312.40M | 471.09M | 282.57M | 264.20M | 301.00M | 320.65M | 189.79M | 260.00M |
| Change in Working Capital | -6.13M | -35.67M | -26.89M | 184.67M | -130.13M | 108.30M | 53.85M | 160.61M | -253.90M | 155.17M | 343.21M | 207.09M |
| Operating Cash Flow | 1.94B | 991.05M | 1.07B | 1.60B | 888.50M | 1.11B | 161.41M | 1.22B | 1.16B | 939.85M | 895.69M | 1.08B |
| Capital Expenditures | -31.96M | -33.41M | -22.35M | -23.93M | -40.15M | -29.28M | -11.89M | -19.39M | -12.38M | -17.76M | -31.33M | -62.67M |
| Investing Cash Flow | -31.96M | -33.41M | -22.35M | -23.93M | -40.15M | -29.28M | -11.89M | -19.39M | -12.38M | -17.76M | -31.33M | -62.67M |
| Dividends Paid | -1.53B | -1.92B | -1.60B | -1.34B | -1.22B | -1.86B | -1.09B | -1.07B | -1.09B | -1.18B | -1.04B | -1.04B |
| Debt Issued | 737.86M | 900.00M | 1.59B | 202.17M | 0 | 1.02B | 741.17M | — | — | 0 | 494.98M | 0 |
| Debt Repaid | -803.63M | -47.69M | -906.70M | -200.00M | -645.47M | -60.90M | -19.43M | -23.00M | -38.34M | -22.45M | -33.00M | -39.76M |
| Financing Cash Flow | -1.84B | -1.09B | -1.02B | -1.29B | -1.71B | 139.24M | -489.94M | -1.28B | -1.22B | -1.52B | -712.27M | -1.40B |
| Net Change in Cash | 62.86M | -144.24M | 22.43M | 282.80M | -850.49M | 1.22B | -357.69M | -66.95M | -71.35M | -599.88M | 162.27M | -385.85M |
| Free Cash Flow | 1.91B | 957.64M | 1.05B | 1.57B | 848.36M | 1.08B | 149.52M | 1.20B | 1.15B | 922.09M | 864.36M | 1.02B |
This table shows 12 quarterly periods of Blackstone's cash flow statement, from Q2 2026 back to Q3 2023, across 12 line items including net income, stock-based compensation, change in working capital. Values in USD; B = billions, M = millions. Fiscal periods follow BX's reporting calendar. What is a cash flow statement?