For the quarter ending 2025-09-30, BX had $282,799K increase in cash & cash equivalents over the period. $1,573,716K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net income | 1,236,925 | 1,626,133 | 1,208,774 | 1,328,826 |
| Net realized gains on investments | -1,158,754 | -943,754 | -962,050 | -2,156,661 |
| Changes in unrealized gains on investments | -169,964 | 444,354 | 188,532 | -25,183 |
| Non-cashperformance allocations | -215,818 | 313,283 | 263,201 | -1,351,683 |
| Non-cashperformance allocations and incentive fee compensation | 384,861 | 550,757 | 402,478 | 285,526 |
| Equity-based compensation expense | 303,317 | 312,356 | 471,089 | 282,573 |
| Amortization of intangibles | 8,975 | 8,974 | 8,975 | 9,021 |
| Other non-cash amounts included in net income | 104,139 | -151,923 | 15,888 | 303,006 |
| Cash acquired with consolidation of fund entities | 0 | 0 | - | 17,628 |
| Cash relinquished with deconsolidation of fund entities | 0 | 0 | -65,803 | 0 |
| Accounts receivable | 260,369 | 78,496 | 38,821 | -55,616 |
| Due from affiliates | 253,154 | 67,857 | -309,497 | -58,633 |
| Other assets | 37,570 | -72,045 | -46,638 | -41,386 |
| Accrued compensation and benefits | -108,780 | -256,466 | -449,351 | -654,358 |
| Accounts payable, accrued expenses and other liabilities | 482,608 | -123,681 | 100,481 | -43,149 |
| Due to affiliates | 9,805 | -662,801 | 512,648 | 14,217 |
| Investments purchased | 647,660 | 809,535 | 1,541,852 | 1,116,696 |
| Cash proceeds from sale of investments | 1,355,798 | 1,866,542 | 1,574,136 | 964,983 |
| Net cash provided by operating activities | 1,597,645 | 888,503 | 1,109,218 | 161,405 |
| Purchase of furniture, equipment and leasehold improvements | 23,929 | 40,146 | 29,278 | 11,886 |
| Net cash used in investing activities | -23,929 | -40,146 | -29,278 | -11,886 |
| Distributions tonon-controllinginterest holders in consolidated entities | 318,177 | 229,280 | 252,572 | 223,569 |
| Contributions fromnon-controllinginterest holders in consolidated entities | 496,552 | 414,339 | 1,430,763 | 160,087 |
| Payments under tax receivable agreement | 0 | 0 | 43,954 | 0 |
| Net settlement of vested common stock and repurchase of common stock | 126,050 | 135,363 | 100,126 | 59,825 |
| Proceeds from loans payable | 202,173 | 0 | 1,024,556 | 741,173 |
| Repayment and repurchase of loans payable | 200,000 | 645,467 | 60,895 | 19,434 |
| Dividends/distributions to stockholders and unitholders | 1,341,824 | 1,215,471 | 1,858,537 | 1,088,372 |
| Net cash used in financing activities | -1,287,326 | -1,711,116 | 139,235 | -489,940 |
| Effect of exchange rate changes on cash and cash equivalents and cash held by blackstone funds and other | -3,591 | 12,271 | 4,570 | -17,264 |
| Net increase (decrease) | 282,799 | -850,488 | 1,223,745 | -357,685 |
| Cash and cash equivalents at beginning of period | 2,549,449 | 3,399,937 | 2,176,192 | 2,533,877 |
| Cash and cash equivalents at end of period | 2,832,248 | 2,549,449 | 3,399,937 | 2,176,192 |
Blackstone Inc. (BX)
Blackstone Inc. (BX)