Important points
- BlackRock reported that assets under management (AUM) will be $14 trillion in 2025, driven by record net inflows of $698 billion.
- BlackRock’s CEO said the company is at the forefront of high-growth areas such as private markets, wealth management, active ETFs and digital assets.
BlackRock announced in its fourth-quarter earnings call Thursday that its total assets under management soared to $14 trillion by the end of 2025, thanks to record annual net inflows of $698 billion.
According to Yahoo Finance, BlackRock stock (BLK) rose 5% following the report.
Digital assets under management were approximately $78 billion at year-end, with full-year ETF inflows into the category at $35 billion, and private market assets under management increased to $323 billion following the HPS acquisition.
“BlackRock enters 2026 with accelerating momentum across our platforms, coming off the back of the strongest year and quarter of net inflows in our history,” CEO Larry Fink said in a statement.
Fink said BlackRock’s integrated platform has expanded client activity across public and private markets, technology and data, and with an expanded pipeline and strong funding, the company is positioned to expand its private markets efforts and emerging channels such as digital assets and tokenization.
“BlackRock is at the forefront of some of the largest new growth channels across the industry, from private markets to assets and 401(k)s, active ETFs, private market data, digital assets and tokenization,” he said.
BlackRock also reported a 12% annualized increase in organic base fees in the fourth quarter, reflecting strength across the iShares ETF, Systematic Active Equity, Private Markets, Outsourcing and Cash Management.
The company reported full-year revenue growth of 19% driven by strong markets, underlying base rate growth of 9%, transaction-related fees, advanced technology services and subscription revenue.

