BlackRock's Assets Under Management Reach Record $12.53 Trillion Amid Market Recovery

BlackRock's assets under management reached a record $12.53 trillion in Q2, driven by market recovery amid trade optimism and rate cuts by the US Federal Reserve. The company's stock rose 1.1% in pre-market trading. Assets under management increased from $10.65 trillion last year, while long-term liquid inflows fell 9.8% to $46 billion. Earnings per share were $12.05, up from $10.36 a year ago.

BlackRock, Inc. (BLK) reported a record $12.53 trillion in assets under management (AUM) for the second quarter of 2025, marking a significant increase from the previous year's $10.65 trillion. The growth was driven by market recovery, trade optimism, and rate cuts by the US Federal Reserve [1].

The company's stock rose by 1.1% in pre-market trading following the announcement. Despite the increase in AUM, long-term liquid inflows fell by 9.8% to $46 billion, indicating a slower pace of new inflows compared to the previous year [1].

Earnings per share (EPS) for BlackRock were $12.05 for the quarter, up from $10.36 a year ago. This EPS figure exceeded Wall Street expectations, with the average estimate of seven analysts surveyed by Zacks Investment Research being $10.71 per share [2].

The company's revenue for the period was $5.42 billion, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $5.44 billion in revenue [2]. BlackRock shares have climbed slightly more than 8% since the beginning of the year, while the S&P 500 index has climbed almost 7%. The stock has risen 34% in the last 12 months [1].

BlackRock's iShares Bitcoin Trust (IBIT) led the way in crypto ETF inflows, with $224.5 million in daily inflows on July 3 alone, now holding $76.7 billion in assets. This surge in crypto ETFs reflects a strategic shift toward digital assets as growth vehicles and inflation hedges [3].

References:
[1] https://www.marketscreener.com/quote/stock/BLACKROCK-HEALTH-SCIENCES-11870/news/BlackRock-Q2-Earnings-Snapshot-50510356/
[2] https://finance.yahoo.com/news/blackrock-blk-q2-earnings-top-111001390.html
[3] https://www.ainvest.com/news/crypto-etfs-redefine-portfolio-diversification-volatile-market-2507/