US Stock Market Move | BlackRock, Inc. (BLK.US) rose more than 4% with overall first quarter performance exceeding expectations.

On Tuesday, BlackRock, Inc. (BLK.US) rose more than 4% to $1070.87. The financial report showed that in the first quarter of 2026, BlackRock, Inc. revenue increased by 27% year-on-year to $6.7 billion, better than the analysts' consensus expectation of $6.463 billion. Adjusted net profit was $2.1 billion, an increase of 17% year-on-year; adjusted earnings per share were $12.53, better than the analysts' consensus expectation of $11.62. Adjusted operating profit was $2.7 billion, a 31% increase year-on-year; adjusted operating profit margin was 44.5%, compared to 43.2% in the same period last year. BlackRock, Inc. saw a net inflow of funds of $130 billion in Q1. Net inflows for long-term investment funds amounted to $136 billion, lower than the analysts' average expectation of $152 billion. Exchange-traded funds (ETFs) attracted $132 billion in funds, contributing almost all of the net inflow. Among them, equity funds had a net inflow of approximately $72 billion, while fixed income funds had a net inflow of about $34 billion. Cash management had a net outflow of about $6.2 billion. As of the end of the first quarter, BlackRock, Inc.'s assets under management (AUM) decreased to $13.9 trillion, lower than the record of $14 trillion at the end of the fourth quarter of last year. The average AUM for the first quarter was $14.2 trillion, an increase of 22% year-on-year.