Blackstone pulls in $63 billion of new money as distributable earnings reach $1.32 a share

Blackstone attracted $63.3 billion of new investor capital in the third quarter, lifting assets under management to nearly $1.4 trillion, and declared a $1.12-a-share dividend.

Distributable earnings came to $1.7 billion, or $1.32 a share, according to the earnings release Blackstone filed with an 8-K on Thursday. Fee-related earnings were $1.6 billion, or $1.26 a share. GAAP net income attributable to Blackstone Inc. was $662 million.

"Blackstone delivered strong third-quarter results amid a volatile external environment," Chairman and CEO Stephen A. Schwarzman said in the release. "Our flagship strategies outperformed comparable public market indices and inflows reached $63 billion, with positive momentum across our major fund-raising channels."

Capital at work

Total assets under management stood at $1,368.3 billion, including fee-earning AUM of $989.7 billion, up 9% from a year earlier, and perpetual capital AUM of $562.3 billion. Blackstone deployed $30.1 billion in the quarter and realized $33.1 billion. Net accrued performance revenues totaled $7.3 billion, or $5.84 a share.

Schwarzman pointed to platforms built around AI and energy infrastructure as key investment themes.

Payout

The $1.12 dividend is payable Nov. 9, 2026, to holders of record on Nov. 2. Over the past 12 months, dividends totaled $5.06 a share. The firm repurchased 0.2 million shares during the quarter.

By the numbers

• Distributable earnings: $1.7 billion, or $1.32 a share
• Fee-related earnings: $1.6 billion, or $1.26 a share
• Inflows: $63.3 billion
• Total AUM: $1,368.3 billion
• Quarterly dividend: $1.12 a share

Sources

1. Blackstone Inc., Form 8-K (Item 2.02) with Exhibit 99.1 earnings release dated Oct. 22, 2026, accession 0001193125-26-428297

This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.

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