BlackRock reported total revenue of approximately $20.4 billion for fiscal year 2024, up 14% year over year. Growth was driven by record base fees from its iShares ETF platform, rising performance fees, and increasing technology services revenue from its Aladdin risk management platform, which now serves over 200 financial institutions globally.
BlackRock Revenue
BlackRock Annual Revenue
| Year | Revenue (USD) | YoY Change |
|---|---|---|
| 2015 | $11.4B | — |
| 2016 | $11.2B | −1.8% |
| 2017 | $13.6B | +21.4% |
| 2018 | $14.2B | +4.4% |
| 2019 | $14.5B | +2.1% |
| 2020 | $16.2B | +11.7% |
| 2021 | $19.4B | +19.8% |
| 2022 | $17.9B | −7.7% |
| 2023 | $17.9B | Flat |
| 2024 | $20.4B | +14.0% |