Blackstone Inc. reported its financial results for the third quarter ended September 30, 2026, on October 22, 2026. The firm reported GAAP net income of $1.3 billion for the quarter and $4.9 billion year-to-date. Net income attributable to Blackstone Inc. was $662 million for the quarter and $2.5 billion year-to-date.
Fee-related earnings (FRE) for the quarter were $1.6 billion, or $1.26 per share, with $6.4 billion over the last twelve months. Distributable earnings (DE) for the quarter were $1.7 billion, or $1.32 per share, with $7.7 billion over the last twelve months.
Assets under management (AUM) increased to $1.368 trillion, up 10% year-over-year. Fee-earning AUM was $989.7 billion, and perpetual capital AUM reached $562.3 billion. The firm reported $63.3 billion in inflows for the quarter and $271.6 billion over the last twelve months. Deployment totaled $30.1 billion in the quarter, while realizations reached $33.1 billion.
Blackstone declared a quarterly dividend of $1.12 per common share. This dividend will be paid on November 9, 2026, to shareholders of record on November 2, 2026. The company also repurchased 0.2 million common shares in the quarter.
Chairman and Chief Executive Officer Stephen A. Schwarzman stated that the firm delivered strong results amid a volatile external environment, noting that flagship strategies outperformed comparable public market indices.
