BlackRock's AUM Jumps To $12.53 Trillion, Revenue Up 13%

Investment manager giant BlackRock, Inc. (NYSE:BLK) reported that second-quarter 2025 revenue grew 13% year-over-year to $5.42 billion, beating the consensus of $5.34 billion. 

Investment advisory, administration fees, and securities lending revenue increased to $4.45 billion from $3.88 billion a year ago, primarily driven by organic base fee growth, the impact of market beta and foreign exchange movements on average AUM, and approximately $240 million of fees related to the GIP Transaction.

Securities lending revenue of $171 million increased from $154 million in the second quarter of 2024, primarily reflecting higher average balances of securities on loan.

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