BlackRock AUM Jumps to New All-Time High

BlackRock’s Assets Hit $14 Trillion as Market Rally Fuels Record Inflows

BlackRock’s assets under management (AUM) surged to a record $14 trillion at the end of last year, lifted by strong global stock markets and a wave of investor money flowing into the company’s exchange-traded funds.

The world’s largest asset manager said it attracted $698 billion in net inflows for the full year, including $342 billion in the fourth quarter, marking one of the strongest growth periods in the firm’s history.

Chairman and CEO Larry Fink said BlackRock is heading into 2026 with “accelerating momentum across our entire platform,” following the integration of newly acquired businesses Global Infrastructure Partners, HPS Investment Partners, and Preqin, which significantly expand its presence in private markets and alternative assets.

“Our business pipeline continues to broaden across products, regions, public and private markets, as well as technology and data,” Fink said. “We’re seeing strong fundraising activity as we move toward our goal of $400 billion in private markets fundraising by 2030.”

BlackRock also delivered better-than-expected financial results. Fourth-quarter revenue climbed 23% to $7 billion, pushing full-year revenue to $24.2 billion, up 19% from the previous year. Adjusted earnings per share reached $13.16, beating analysts’ expectations of $12.19, according to FactSet.

Markets reacted positively to the earnings report. BlackRock shares rose more than 2% in premarket trading and are now up roughly 10% over the past year, reflecting growing investor confidence in the company’s long-term strategy.