BlackRock Results Presentation Deck
$2,799
Q2 2022
51%
$(54)
19%
Distribution
& servicing
costs
12%
18%
$(2)
Quarterly expense, as adjusted
($ in millions)
G&A
expense
Q2 2023 compared to Q2 2022
$(11)
$5
Employee comp. & benefits
Employee
comp. &
benefits
Distribution & servicing costs
Direct fund expense
General & administration
$40
Direct fund
expense
$2,788
Q2 2023
Percentage Change
Employee comp. & benefits
Distribution & servicing costs
Direct fund expense
General & administration
Total
$2,732
Q1 2023
Q2 2023 compared to Q1 2023
$56
$3
G&A
expense
$11
Year-over-Year Sequential
-%
1%
(9)%
3%
13%
-%
-%
Employee
comp. &
benefits
$13
Distribution
& servicing
costs
$29
Direct fund
expense
9%
1%
2%
$2,788
Q2 2023
For further information and reconciliations to GAAP, see page 10 of this earnings release supplement, notes (1) through (3) to the condensed consolidated statements of income and supplemental
information in the current earnings release, as well as previously filed Form 10-Ks, 10-Qs and 8-Ks.
BlackRock.
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