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.

25 matches for “Private Market”; 5 quoted, at least 25 words apart.

Martin S. Smallcompanyprepared

…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. Smallcompanyprepared

…what our newly integrated platform can unlock. We've expanded our capabilities across private markets, digital assets, data, and technology. That strategy now moves forward with…

Martin S. Smallcompanyprepared

…organic base fee growth was driven by broad-based client demand for iShares, private markets, systematic outsourcing, and cash strategies. These are all capabilities we've invested…

Martin S. Smallcompanyprepared

…assets of HPS, which was partially offset by $48 million of lower private markets catch-up base fees compared to the second quarter. Performance fees of…

Martin S. Smallcompanyprepared

…led by demand for active fixed income, liquid alternatives, and Aperio. Across private market strategies, we saw $13 billion of net inflows driven by strength…

Where the listed words were said

Laurence D. Finkcompany“Private market” · prepared

…to the future, towards what our clients will need and want. ETFs, private markets, tech and data, digital assets are just a few examples. We…

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

…in the fourth quarter, consistent with our previous guidance. BlackRock's third quarter net inflows of $205 billion reflected deepening client engagement and were led by…

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…

Martin S. Smallcompany“Aladdin” · prepared

…to a year ago, reflecting sustained demand for our full range of Aladdin technology offerings and the closing of the Preqin transaction, which added $65…

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