Blackstone Real Estate Income Trust, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Blackstone Real Estate Income Trust, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $7.96B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $8.53B | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $8.93B | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $7.65B | Mar 7, 2025 |
| FY2023 | Dec 31, 2021 | $3.70B | Mar 28, 2024 |
| FY2022 | Dec 31, 2020 | $2.55B | Mar 17, 2023 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2021 | Dec 31, 2021 | $3.70B | Mar 14, 2022 |
| FY2020 | Dec 31, 2020 | $648.65M | Mar 17, 2021 |
| FY2020 | Sep 30, 2020 | $635.37M | Mar 17, 2021 |
| FY2020 | Jun 30, 2020 | $592.75M | Mar 17, 2021 |
| FY2020 | Mar 31, 2020 | $674.88M | Mar 17, 2021 |
| FY2020 | Dec 31, 2019 | $596.84M | Mar 17, 2021 |
| FY2020 | Sep 30, 2019 | $438.03M | Mar 17, 2021 |
| FY2020 | Jun 30, 2019 | $354.31M | Mar 17, 2021 |
| FY2020 | Mar 31, 2019 | $297.09M | Mar 17, 2021 |
| FY2020 | Dec 31, 2018 | $261.19M | Mar 17, 2021 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($3.28B) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | ($890.55M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | ($691.82M) | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | ($883.52M) | Mar 7, 2025 |
| FY2023 | Dec 31, 2021 | ($804.78M) | Mar 28, 2024 |
| FY2020 | Dec 31, 2020 | ($89.02M) | Mar 17, 2021 |
| FY2020 | Sep 30, 2020 | $121.27M | Mar 17, 2021 |
| FY2020 | Jun 30, 2020 | $314.44M | Mar 17, 2021 |
| FY2020 | Mar 31, 2020 | ($1.20B) | Mar 17, 2021 |
| FY2020 | Dec 31, 2019 | ($181.05M) | Mar 17, 2021 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.03B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $5.40B | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $5.97B | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $3.72B | Mar 7, 2025 |
| FY2023 | Dec 31, 2021 | $3.73B | Mar 28, 2024 |
| FY2022 | Dec 31, 2020 | $1.57B | Mar 17, 2023 |
| FY2021 | Dec 31, 2019 | $1.12B | Mar 14, 2022 |
| FY2020 | Dec 31, 2018 | $438.24M | Mar 17, 2021 |
| FY2019 | Dec 31, 2017 | $104.15M | Mar 24, 2020 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.29B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $2.09B | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $2.71B | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $2.73B | Mar 7, 2025 |
| FY2023 | Dec 31, 2021 | $1.78B | Mar 28, 2024 |
| FY2022 | Dec 31, 2020 | $971.90M | Mar 17, 2023 |
| FY2021 | Dec 31, 2019 | $600.93M | Mar 14, 2022 |
| FY2020 | Dec 31, 2018 | $252.68M | Mar 17, 2021 |
| FY2019 | Dec 31, 2017 | $72.29M | Mar 24, 2020 |
| FY2018 | Dec 31, 2016 | $0 | Mar 15, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $98.60B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $116.24B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $130.80B | Mar 7, 2025 |
| FY2023 | Dec 31, 2022 | $142.69B | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | $106.34B | Mar 17, 2023 |
| FY2021 | Dec 31, 2020 | $40.68B | Mar 14, 2022 |
| FY2020 | Dec 31, 2019 | $33.04B | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | $13.24B | Mar 24, 2020 |
| FY2018 | Dec 31, 2017 | $4.63B | Mar 15, 2019 |
| FY2017 | Dec 31, 2016 | $200.0K | Mar 19, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $71.93B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $81.37B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $86.98B | Mar 7, 2025 |
| FY2023 | Dec 31, 2022 | $91.93B | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | $66.56B | Mar 17, 2023 |
| FY2021 | Dec 31, 2020 | $24.47B | Mar 14, 2022 |
| FY2020 | Dec 31, 2019 | $22.40B | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | $9.31B | Mar 24, 2020 |
| FY2018 | Dec 31, 2017 | $3.12B | Mar 15, 2019 |
| FY2017 | Dec 31, 2016 | $115.0K | Mar 19, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $19.33B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $27.35B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $36.35B | Mar 7, 2025 |
| FY2023 | Dec 31, 2022 | $44.46B | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | $36.65B | Mar 17, 2023 |
| FY2021 | Dec 31, 2020 | $15.85B | Mar 14, 2022 |
| FY2020 | Dec 31, 2019 | $10.31B | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | $3.74B | Mar 24, 2020 |
| FY2018 | Dec 31, 2017 | $1.49B | Mar 15, 2019 |
| FY2017 | Dec 31, 2016 | $85.0K | Mar 19, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($21.31B) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | ($15.85B) | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | ($12.61B) | Mar 7, 2025 |
| FY2023 | Dec 31, 2022 | ($9.20B) | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | ($5.63B) | Mar 17, 2023 |
| FY2021 | Dec 31, 2020 | ($3.22B) | Mar 14, 2022 |
| FY2020 | Dec 31, 2019 | ($1.42B) | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | ($587.55M) | Mar 24, 2020 |
| FY2018 | Dec 31, 2017 | ($132.63M) | Mar 15, 2019 |
| FY2017 | Dec 31, 2016 | ($115.0K) | Mar 19, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.61B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $1.93B | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $1.95B | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $1.28B | Mar 7, 2025 |
| FY2023 | Dec 31, 2021 | $989.67M | Mar 28, 2024 |
| FY2022 | Dec 31, 2020 | $333.39M | Mar 17, 2023 |
| FY2021 | Dec 31, 2019 | $204.27M | Mar 14, 2022 |
| FY2020 | Dec 31, 2018 | $68.09M | Mar 17, 2021 |
| FY2019 | Dec 31, 2017 | $31.17M | Mar 24, 2020 |
| FY2018 | Dec 31, 2016 | $200.0K | Mar 15, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $55.54B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $58.54B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $61.69B | Mar 7, 2025 |
| FY2023 | Dec 31, 2022 | $64.96B | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | $41.33B | Mar 17, 2023 |
| FY2021 | Dec 31, 2020 | $19.98B | Mar 14, 2022 |
| FY2020 | Dec 31, 2019 | $16.93B | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | $6.83B | Mar 24, 2020 |
| FY2018 | Dec 31, 2017 | $2.11B | Mar 15, 2019 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | 0 | Mar 7, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Mar 28, 2024 |
| FY2022 | Dec 31, 2020 | 0 | Mar 17, 2023 |
| FY2021 | Dec 31, 2019 | 0 | Mar 14, 2022 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | 0 | Mar 7, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Mar 28, 2024 |
| FY2022 | Dec 31, 2020 | 0 | Mar 17, 2023 |
| FY2021 | Dec 31, 2019 | 0 | Mar 14, 2022 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 3.52B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 3.69B | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | 4.11B | Feb 27, 2026 |
| FY2025 | Dec 31, 2022 | 4.49B | Feb 27, 2026 |
| FY2024 | Dec 31, 2021 | 3.69B | Mar 7, 2025 |
| FY2023 | Dec 31, 2020 | 1.80B | Mar 28, 2024 |
| FY2022 | Dec 31, 2019 | 1.13B | Mar 17, 2023 |
| FY2021 | Dec 31, 2018 | 438.94M | Mar 14, 2022 |
| FY2020 | Dec 31, 2017 | 170.38M | Mar 17, 2021 |
| FY2019 | Dec 31, 2016 | 20,000 | Mar 24, 2020 |