Blackstone reports lower profit: Blackstone stock sits 26.21 percent below its high

Published on 10/23/2026 at 11:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

USD 63.3 billion flowed in during the third quarter as fee earnings rose 6.00 percent. Blackstone stock costs EUR 105.00 on October 23, 2026 versus EUR 105.20.

Quarterly pressure meets fundraising strength

Distributable earnings fell 9.20 percent year over year to USD 1.72 billion on October 22, 2026.
Blackstone drew USD 63.3 billion of inflows in the third quarter of 2026.
Blackstone stock trades at EUR 105.00 at 11:15 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.19 percent below the Xetra close of October 22, 2026.

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Blackstone Inc. reported lower third-quarter profit as distributable earnings fell 9.20 percent year over year to USD 1.72 billion on October 22, 2026, according to Bloomberg. Earnings of USD 1.32 per share beat the USD 1.26 analyst estimate, while higher rates weighed on deal activity.

Fundraising offsets weaker realizations

The main support came from capital raising. Blackstone attracted USD 63.3 billion of inflows in the third quarter, while total assets under management rose 10.00 percent year over year to USD 1.37 trillion, according to Yahoo Finance.

Fee-related earnings increased 6.00 percent year over year to USD 1.6 billion, and total fee revenue rose 8.00 percent to USD 2.7 billion. The contrast matters: recurring fees expanded even as investment exits became harder in the higher-rate environment.

What changed across three dates?

On October 19, 2026, Blackstone raised USD 8.7 billion for a fund dedicated to cleaner energy, as MarketScreener reported. On October 22, the company disclosed USD 63.3 billion of third-quarter inflows and USD 1.32 distributable earnings per share. The same results update declared a USD 1.12 quarterly dividend.

Which dates matter next?

Blackstone set November 2, 2026, as the dividend record date and November 9, 2026, as the payment date, according to Yahoo Finance. For investors, the next test is whether fee growth can keep cushioning slower realizations.

Stock stays below its yearly high

Blackstone stock was trading at EUR 105.00 at Lang & Schwarz on October 23, 2026, at 11:15 a.m. CEST, 0.19 percent below the Xetra close of October 22, 2026, at EUR 105.20. The EUR 87.22 to EUR 142.30 52-week range places the quote 26.21 percent below its high. The further course of trading is shown by the continuously updated real-time quote of Blackstone stock.