Blackstone Real Estate Income Trust, Inc. (BSTT) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
345 PARK AVENUE NEW YORK, NY 10154 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 7,213 | 9,072 | 9,813 | 13,211 | 4,900 | 4,728 | |||
| Cash and cash equivalent | 1,933 | 1,945 | 1,281 | 990 | 333 | 204 | |||
| Short-term investments | 5,280 | 7,127 | 8,532 | 12,222 | 4,566 | 4,523 | |||
| Total current assets: | 7,213 | 9,072 | 9,813 | 13,211 | 4,900 | 4,728 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 73 | 73 | 73 | 73 | 56 | 56 | |||
| Operating lease, right-of-use asset | 1,051 | 1,093 | 1,091 | 461 | 115 | 114 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 2,400 | 2,400 | 2,300 | 964 | 8,122 | 6,017 | |||
| Intangible asset, including goodwill, after accumulated amortization | 827 | 2,265 | 2,659 | 2,155 | 765 | 691 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 827 | 2,265 | 2,659 | 2,155 | 765 | 691 | |||
| Total noncurrent assets: | 4,351 | 5,831 | 6,123 | 3,652 | 9,058 | 6,879 | |||
| Other undisclosed assets | 104,675 | 115,895 | 126,752 | 74,445 | 26,727 | 21,434 | |||
| TOTAL ASSETS: | 116,238 | 130,798 | 142,687 | 91,308 | 40,684 | 33,040 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 58,540 | 61,694 | 64,963 | 41,327 | 19,976 | 16,930 | |||
| Long-term debt, excluding current maturities | 58,540 | 61,694 | 64,963 | 41,327 | 19,976 | 16,930 | |||
| Total noncurrent liabilities: | 58,540 | 61,694 | 64,963 | 41,327 | 19,976 | 16,930 | |||
| Other undisclosed liabilities | 22,830 | 25,284 | 26,971 | 10,200 | 4,494 | 5,474 | |||
| Total liabilities: | 81,370 | 86,978 | 91,933 | 51,528 | 24,470 | 22,404 | |||
| Temporary equity, including noncontrolling interest | 174 | 198 | 553 | 751 | 30 | 21 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 27,354 | 36,351 | 44,455 | 36,645 | 15,853 | 10,305 | |||
| Common stock | |||||||||
| Additional paid in capital | 42,782 | 48,576 | 53,212 | 42,249 | 19,059 | 11,717 | |||
| Accumulated other comprehensive income (loss) | 383 | 346 | 394 | (10) | |||||
| Accumulated deficit | (15,848) | (12,613) | (9,196) | (5,631) | (3,224) | (1,423) | |||
| Other undisclosed equity, attributable to parent | 37 | 41 | 45 | 37 | 18 | 11 | |||
| Equity, attributable to noncontrolling interest | 7,340 | 7,272 | 5,745 | 2,385 | 331 | 310 | |||
| Total equity: | 34,694 | 43,622 | 50,201 | 39,030 | 16,184 | 10,615 | |||
| TOTAL LIABILITIES AND EQUITY: | 116,238 | 130,798 | 142,687 | 91,308 | 40,684 | 33,040 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 8,531 | 8,934 | 7,646 | 3,697 | 2,552 | 1,686 | ||
| Operating lease, lease income | 7,604 | 7,816 | 6,564 | |||||
| Cost of revenue (Cost of Product and Service Sold) | (4,056) | (4,132) | (3,426) | (1,509) | (1,013) | (775) | ||
| Gross profit: | 4,475 | 4,803 | 4,221 | 2,188 | 1,538 | 912 | ||
| Other undisclosed operating income (loss) | 925 | 1,163 | (363) | 1,588 | 34 | 213 | ||
| Operating income: | 5,400 | 5,966 | 3,857 | 3,776 | 1,573 | 1,125 | ||
| Nonoperating income (expense) | (721) | (827) | 464 | 752 | (588) | (234) | ||
| Investment income, nonoperating | 206 | |||||||
| Other nonoperating income (expense) | (63) | (3) | (89) | 892 | 54 | 2 | ||
| Interest and debt expense | (4) | (3,073) | (11) | (852) | (726) | (488) | ||
| Income from continuing operations before equity method investments, income taxes: | 4,675 | 2,066 | 4,310 | 3,677 | 259 | 403 | ||
| Income from equity method investments | 206 | 89 | ||||||
| Income from continuing operations before income taxes: | 4,675 | 2,066 | 4,310 | 3,883 | 347 | 403 | ||
| Income tax expense (benefit) | (0) | 6 | ||||||
| Income from continuing operations: | 4,675 | 2,066 | 4,310 | 3,882 | 353 | 403 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 3,882 | 353 | 403 | |
| Other undisclosed net loss | (5,655) | (3,046) | (5,390) | (4,719) | (1,221) | (817) | ||
| Net loss: | (980) | (980) | (1,080) | (836) | (867) | (414) | ||
| Other undisclosed net income attributable to parent | 89 | 288 | 197 | 31 | 14 | 12 | ||
| Net loss available to common stockholders, diluted: | (891) | (692) | (884) | (805) | (853) | (402) | ||
Comprehensive Income ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (980) | (980) | (1,080) | (836) | (867) | (414) | ||
| Other comprehensive income (loss) | 50 | (74) | 507 | (10) | ||||
| Comprehensive loss: | (929) | (1,054) | (573) | (846) | (867) | (414) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 0 | 0 | ||||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 76 | 314 | 93 | 31 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (853) | (740) | (480) | (814) | (867) | (414) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.