BlackRock Sets New Record with $85 Billion in ETF Flows in Q2

BlackRock reported Q2 adjusted EPS of $12.05, beating expectations. The company's ETF business attracted a record $85 billion in net flows during Q2 and $192 billion YTD, driving revenue growth across the asset manager. ETF assets under management reached $4.7 trillion, representing 38% of BlackRock's total $12.5 trillion in assets. Total revenue increased 13% YoY to $5.4 billion, and assets under management rose 18% from the prior year to $12.5 trillion.

BlackRock Inc. (BLK) reported robust financial results for the second quarter of 2025, significantly exceeding analysts' expectations. The company's earnings per share (EPS) of $12.05 exceeded the forecast of $10.6, marking a 13.68% surprise. Revenue reached $5.42 billion, slightly above the anticipated $5.41 billion [1].

The company's ETF business attracted a record $85 billion in net flows during Q2 and $192 billion year-to-date (YTD), driving revenue growth across the asset manager. ETF assets under management (AUM) reached $4.7 trillion, representing 38% of BlackRock's total $12.5 trillion in assets. Total revenue increased 13% year-over-year (YoY) to $5.4 billion, while assets under management rose 18% from the prior year to $12.5 trillion [1].

Despite these positive results, BlackRock's stock experienced a pre-market decline of 1.39%, trading at $1,095.99, following a previous close at $1,111.46. The company maintains strong financial health with an overall score of 2.78 (GOOD) [1].

BlackRock's performance in Q2 2025 showcased robust growth, with revenue increasing by 13% YoY to $5.4 billion. The company's operating income rose by 12% to $2.1 billion, reflecting strong operational efficiency. BlackRock also reported a record AUM of $12.5 trillion, driven by organic base fee growth and net investment gains [1].

The company's strategic acquisitions and product innovations, such as the recent acquisition of HPS Investment Partners, have bolstered growth. BlackRock aims to maintain an adjusted operating margin of over 45% and launch a proprietary life path with a private markets target date fund in 2026, targeting $400 billion in gross private market fundraising through 2030 [1].

Looking ahead, BlackRock projects continued organic growth above 5% and aims to maintain a strong dividend tradition with 15 consecutive years of increases and a current yield of 1.88%. Seven analysts have recently revised their earnings expectations upward for the upcoming period, suggesting continued confidence in the company’s growth trajectory [1].

References:
[1] https://www.investing.com/news/transcripts/earnings-call-transcript-blackrock-q2-2025-earnings-surpass-expectations-93CH-4135820