BlackRock (BLK): FY25 Q3 earnings call, Oct 14, 2025

Tue, Oct 14Earnings callSpeaker-labelled transcriptBlackRock

On its Oct 14, 2025 earnings call (FY25 Q3), BlackRock said 7 of the 15 words Kalshi listed; Parrot’s count agreed with all 15 settlements. Quotes below are at most 25 words each.

Updated

Markets

15 words · 7 settled yes · our count agreed on 15 of 15

backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.

Listed words: result, our count under the market rule, the count over every speaker, whether they agree, and the probability (a walk-forward backtest on settled rows)
WordResultOur countAll speakersAgreesProbabilityMarket
Private market Yes2325✓96%transcripts from the transcript model–
Digital asset Yes1516✓83%transcripts from the transcript model–
Net inflow Yes1414✓96%transcripts from the transcript model–
Performance fee Yes910✓85%transcripts from the transcript model–
Aladdin Yes88✓94%transcripts from the transcript model–
Record AUM Yes11✓59%transcripts from the transcript model–
ETF inflow Yes11✓16%transcripts from the transcript model–
Revenue growth No00✓73%transcripts from the transcript model–
HPS acquisition No00✓51%transcripts from the transcript model–
EPS surprise No00✓16%transcripts from the transcript model–
Fundraising guidance No00✓16%transcripts from the transcript model–
Margin pressure No00✓16%transcripts from the transcript model–
Regulatory reform No00✓16%transcripts from the transcript model–
Revenue target No00✓16%transcripts from the transcript model–
Share buybacks No00✓16%transcripts from the transcript model–

Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 20, 2026 15:46 UTC.

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

31 matches for “HPS”; 5 quoted, at least 25 words apart.

Martin S. Smallcompanyprepared

…the last ninety days. Since July 1, we've closed our acquisitions of HPS and Elmtree, announced an $80 billion SMA solution with City Wealth, and…

Martin S. Smallcompanyprepared

…higher year over year, driven by the acquisitions of GIP, Preqin, and HPS, organic base fee growth over the trailing twelve-month period, and the positive…

Martin S. Smallcompanyprepared

…and 8.5 million BlackRock SubCo units issued at the close of the HPS transaction on July 1. The SubCo units are exchangeable on a one-for-one…

Martin S. Smallcompanyprepared

…approximately $215 million, and $225 million in base fees from GIP and HPS, respectively. On an equivalent day count basis, our annualized effective fee rate…

Martin S. Smallcompanyprepared

…from a year ago, primarily reflecting $270 million of performance fees from HPS. Quarterly technology services and subscription revenue was up 28% compared to a…

Where the listed words were said

Martin S. Smallcompany“Private market” · prepared

…of the year accelerated in the third quarter. Our builds across ETFs, private market whole portfolio, and cash management drove 8% organic base fee growth…

Martin S. Smallcompany“Digital asset” · prepared

…way, with $53 billion and $41 billion of net inflows, respectively. Our digital assets, EGPs, raised another $17 billion in the third quarter. Our flagship…

Martin S. Smallcompany“Net inflow” · prepared

…assets, powering 8% organic base fee growth. We generated $205 billion of net inflows in the third quarter, reflecting 10% annualized organic base fee growth,…

Martin S. Smallcompany“Performance fee” · prepared

…up 33% year over year, primarily reflecting higher incentive compensation associated with performance fees, as well as higher operating income. The year-over-year increase also reflects…

Laurence D. Finkcompany“Aladdin” · prepared

…connected to our clients with one platform, shared goals, and a common Aladdin technology. We're organized so the clients have access to all of BlackRock,…

Martin S. Smallcompany“ETF inflow” · qa

…by Rick Reeder and the fundamental teams, $13 billion plus. Our active ETF inflows are over $40 billion. So there's a proven track record that…

Agents: this page as TSV at /api/v1/appearances/blackrock:2025-10-14:earnings_call · words: /api/v1/brief?appearance=blackrock:2025-10-14:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP