Blackstone Inc. announced on September 22, 2026, a preliminary estimate regarding revenue related to realization activity for the period from July 1, 2026, to September 22, 2026. The company stated that it expects to record total Realized Performance Revenues and total Realized Principal Investment Income for this period in excess of $350 million.
The estimate is comprised of approximately 90% Realized Performance Revenues. The company noted that this figure includes revenue from investment realizations closed to date in the third quarter, as well as certain non-fee related incentive fees and other investment income expected to be realized at quarter end.
Blackstone emphasized that this preliminary estimate does not include revenue from any realization activity that may occur subsequent to September 22, 2026. The company also clarified that the estimate is not intended to predict or represent total Realized Performance Revenues, total Realized Principal Investment Income, or total Segment Revenues for the quarter ending September 30, 2026, and that results for the full quarter may differ materially.
The announcement further stated that the estimate does not include the results or impact of any other sources of income, including fee income, or expenses. Blackstone may realize further gains or losses relating to total Realized Performance Revenues and total Realized Principal Investment Income for the full quarter, and the results are not indicative of the results that may be expected for any other period, including the year ending December 31, 2026.
