Direct Answer
BlackRock reports revenue across 3 geographic regions in its fiscal 2025 Form 10-K. Americas is the largest, with $16.0 billion of revenue (66% of the total), followed by Europe at $7.2 billion (30%).
How Does BlackRock Make Money?
Americas supplies 66% of revenue, so BlackRock's results move mostly with that one region; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Asia Pacific grew fastest (+27.4%) and Europe slowest (+16.8%), so the revenue mix tilts toward Asia Pacific while that gap lasts.
| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Americas | $16.0 billion | $13.4 billion | 65.9% | 19.0% |
| Europe | $7.2 billion | $6.1 billion | 29.6% | 16.8% |
| Asia Pacific | $1.1 billion | $859 million | 4.5% | 27.4% |
What the Segment Figures Do Not Show
The rows above add up to 100% of BlackRock's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value BlackRock reported in the segment note and revenue disclosures of its Form 10-K filed February 25, 2026 (accession 0001193125-26-071966), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are BlackRock's main regions?
In its fiscal 2025 Form 10-K, BlackRock reports revenue for Americas, Europe and Asia Pacific.
Which part of BlackRock brings in the most revenue?
Americas, with $16.0 billion of revenue in fiscal 2025, or 66% of the total.
Where does BlackRock report its segment results?
In the segment note to the financial statements in its Form 10-K, most recently filed February 25, 2026, alongside management's discussion of each segment's results.