| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-12-31 | restructuring | completed | 2025-06-30 | Global | Enterprise | USD 39 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Recorded in Q2 2025; $27M severance and $12M accelerated vesting of deferred compensation. Liability fully paid by year-end 2025. Employee count not disclosed. | |||
| 2025-12-31 | acquisition_addition | completed | 2025-03-03 | 2025-03-03 | Global | Technology & Data (Preqin) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of private markets data provider for approximately $3.2 billion cash. Headcount added not disclosed. | |||
| 2025-12-31 | acquisition_addition | completed | 2025-07-01 | 2025-07-01 | Global | Private Credit / Alternatives (HPS Investment Partners) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Added $165B client AUM and $118B fee-paying AUM. Consideration primarily in Subco Units. Headcount added not disclosed; incentive retention RSUs granted to certain employees. | |||
| 2025-12-31 | acquisition_addition | completed | 2025-09-02 | 2025-09-02 | United States | Real Estate (ElmTree Funds) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Net-lease real estate investment firm acquired, consideration primarily in BlackRock common stock. Headcount added not disclosed. | |||
| 2025-12-31 | restructuring | completed | 2025-04-30 | Global | Various | USD 39 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Second quarter 2025 restructuring charge of $39 million comprised of severance and compensation expense for accelerated vesting of previously granted deferred compensation awards. Employee count not disclosed. | |||
| 2025-12-31 | restructuring | completed | 2025-04-01 | Global | Various | USD 39 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Initiative to modify organization to fit strategic priorities. Charge comprised of severance and accelerated vesting of deferred compensation. Employee count not disclosed. | |||
| 2025-12-31 | acquisition_addition | completed | 2025-07-01 | Global | Credit Investment Management | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of HPS Investment Partners. Employee count not explicitly disclosed, but noted as 'thousands of new colleagues' in Human Capital section. | ||||
| 2025-12-31 | acquisition_addition | completed | 2025-03-03 | Global | Private Markets Data | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Preqin Holding Limited. Employee count not explicitly disclosed. | ||||
| 2025-12-31 | acquisition_addition | completed | 2025-09-02 | Global | Real Estate | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of ElmTree Funds. Employee count not explicitly disclosed. | ||||
| 2025-12-31 | restructuring | in_progress | USD 39,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2025-09-30 | restructuring | in_progress | Global | Company-wide | USD 39 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge recorded in Q2 2025 ($27M severance, $12M accelerated vesting of deferred compensation) for an initiative to align the organization with strategic priorities; number of employees affected not disclosed; $6M liability remained at 2025-09-30 after $21M of cash payments | ||||
| 2025-09-30 | acquisition_addition | completed | Global | Investment management — private credit (HPS Investment Partners) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition completed 2025-07-01; added $165B client AUM and $118B fee-paying AUM; headcount added not disclosed; approximately 950,000 retention RSUs granted to HPS employees (680,000 five-year vesting, 270,000 six-month cliff) | |||||
| 2025-09-30 | acquisition_addition | completed | United States | Real estate — net-lease investment (ElmTree Funds) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition completed 2025-09-02, consideration paid primarily in BlackRock common stock; headcount added not disclosed | |||||
| 2025-09-30 | restructuring | completed | 2025-04-01 | USD 39 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge recorded in Q2 2025 for initiative to modify organization. Comprised of $27M severance and $12M compensation expense for accelerated vesting. Employee count not disclosed. | |||||
| 2025-09-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-06-30 | restructuring | in_progress | Not specified | Not specified | USD 39 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 2025 charge of $39M ($29M after-tax): $27M severance plus $12M accelerated vesting of deferred compensation awards, for an initiative to align the organization with strategic priorities. Restructuring liability at 2025-06-30 was $27M; employee count not disclosed. | ||||
| 2025-06-30 | acquisition_addition | completed | 2025-07-01 | 2025-07-01 | Not specified | Private credit (HPS) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | HPS acquisition closed 2025-07-01, 100% equity consideration (~8.5M Subco Units valued at $8.5B); ~1M RSUs issued to HPS employees. Headcount added not disclosed; initial purchase accounting incomplete. | |||
| 2025-06-30 | acquisition_addition | completed | 2025-03-03 | 2025-03-03 | Not specified | Technology / private markets data (Preqin) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Preqin acquired 2025-03-03 for £2.5B (~$3.2B) cash; headcount added not disclosed. | |||
| 2025-06-30 | acquisition_addition | announced | 2025-07-01 | 2025-09-30 | Not specified | Real estate (ElmTree Funds) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement announced July 2025 to acquire ElmTree Funds ($7.3B AUM); expected to close Q3 2025. Headcount not disclosed. | |||
| 2025-06-30 | restructuring | in_progress | 2025-04-01 | USD 39 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge comprised of $27 million severance and $12 million compensation expense for accelerated vesting of deferred compensation awards to modify organization to fit strategic priorities. | |||||
| 2025-06-30 | restructuring | in_progress | USD 39,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-12-31 | acquisition_addition | completed | 2024-01-12 | 2024-10-01 | Global | Alternatives — Infrastructure | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | GIP Transaction closed 2024-10-01; headcount added not quantified. Item 1 references welcoming thousands of new colleagues through acquisitions. | |||
| 2024-12-31 | acquisition_addition | completed | 2024-05 | United States | US wealth — customized option overlay strategies | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of remaining equity interest completed May 2024; headcount added not quantified. Announcement date not disclosed. | ||||
| 2024-12-31 | acquisition_addition | announced | 2024-06 | 2025-03-31 | Technology and data services — private markets data | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement announced June 2024 for £2.55 billion cash; anticipated to close in Q1 2025 subject to closing conditions. Headcount not disclosed. | ||||
| 2024-12-31 | acquisition_addition | announced | 2024-12 | 2025-06-30 | Global | Alternatives — Private credit | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement announced December 2024, 100% equity consideration; anticipated to close mid-2025 subject to regulatory approvals. Headcount not disclosed. | |||
| 2024-12-31 | restructuring | completed | 2023-10-01 | 2023-12-31 | Global | Aladdin and Private Markets | USD 61 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charge recorded in Q4 2023 for initiatives to reorganize specific platforms, primarily Aladdin and private markets. Included severance and compensation expense for accelerated vesting of previously granted deferred compensation awards. | ||
| 2024-12-31 | acquisition_addition | completed | 2024-10-01 | 2024-10-01 | Global | Infrastructure | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Global Infrastructure Management, LLC (GIP) completed on October 1, 2024. Headcount added not explicitly quantified in this filing. | |||
| 2024-12-31 | acquisition_addition | completed | 2024-05-01 | 2024-05-01 | United States | Wealth Management | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of remaining equity interest in SpiderRock Advisors completed in May 2024. Headcount added not explicitly quantified in this filing. | |||
| 2024-12-31 | restructuring | completed | 2023-10-01 | Global | Aladdin and private markets platforms | USD 61 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring charge recorded in Q4 2023 for initiatives to reorganize specific platforms. Charge comprised of severance and compensation expense for accelerated vesting of previously granted deferred compensation awards. | |||
| 2024-12-31 | acquisition_addition | completed | 2024-10-01 | Global | Infrastructure Management | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Global Infrastructure Management, LLC (GIP) completed on October 1, 2024. Filing notes preparation to welcome thousands of new colleagues through acquisitions. | ||||
| 2024-12-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2024-09-30 | acquisition_addition | completed | 2024-10-01 | 2024-10-01 | Global | Infrastructure asset management | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Global Infrastructure Management, LLC closed after quarter end; no headcount added disclosed. Consideration approximately $3 billion cash plus approximately 12 million shares (6.9 million issued at close) | |||
| 2024-09-30 | acquisition_addition | announced | 2024-06-01 | 2025-03-31 | Global | Private markets data and technology | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Preqin Holding Limited for GBP 2.55 billion (approximately $3.4 billion) in cash; expected to close Q1 2025 subject to regulatory approvals; no headcount disclosed | |||
| 2024-09-30 | restructuring | completed | 2023-10-01 | Aladdin and illiquid alternative investments | USD 61 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q4 2023 charge of $61M ($47M severance, $14M accelerated vesting). Liability reduced to $0 by Q3 2024 via cash payments. | ||||
| 2024-09-30 | restructuring | completed | 2022-10-01 | USD 91 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q4 2022 charge of $91M ($58M severance, $33M accelerated stock-based comp). Liability reduced to $0 by Q3 2024 via cash payments. |