Blackstone Inc. (BX) Q3 2025 Earnings Name Transcript


Blackstone Inc. (NYSE:BX) Q3 2025 Earnings Name October 23, 2025 9:00 AM EDT

Firm Individuals

Weston Tucker – Senior MD & Head of Shareholder Relations
Stephen Schwarzman – Chairman, CEO & Co-Founder
Jonathan Grey – Basic Associate, President, COO & Director
Michael Chae – CFO & Vice Chairman

Convention Name Individuals

Daniel Fannon – Jefferies LLC, Analysis Division
Craig Siegenthaler – BofA Securities, Analysis Division
Michael Cyprys – Morgan Stanley, Analysis Division
William Katz – TD Cowen, Analysis Division
Brian Mckenna – Residents JMP Securities, LLC, Analysis Division
Benjamin Budish – Barclays Financial institution PLC, Analysis Division
Alexander Blostein – Goldman Sachs Group, Inc., Analysis Division
Brennan Hawken – BMO Capital Markets Fairness Analysis
Glenn Schorr – Evercore ISI Institutional Equities, Analysis Division
Brian Bedell – Deutsche Financial institution AG, Analysis Division
Steven Chubak – Wolfe Analysis, LLC
Kenneth Worthington – JPMorgan Chase & Co, Analysis Division
Patrick Davitt
Arnaud Giblat – BNP Paribas Exane, Analysis Division

Presentation

Operator

Good day, and welcome to the Blackstone Third Quarter 2025 Investor Name. In the present day’s convention is being recorded. [Operator Instructions] Right now, I would like to show the convention over to Weston Tucker, Head of Shareholder Relations. Please go forward.

Weston Tucker
Senior MD & Head of Shareholder Relations

Thanks, Katie, and good morning, and welcome to Blackstone’s third quarter convention name. Becoming a member of right this moment are Steve Schwarzman, Chairman and CEO; Jon Grey, President and Chief Working Officer; and Michael Chae, Vice Chairman and Chief Monetary Officer.

Earlier this morning, we issued a press launch and slide presentation, which can be found on our web site. We count on to file our 10-Q report in a couple of weeks. I would wish to remind you that right this moment’s name could embrace forward-looking statements, that are unsure and will differ from precise outcomes materially. We don’t undertake any responsibility to replace these statements. For a dialogue of a number of the elements that would have an effect on outcomes, please see the Danger Components part of our



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