Blackstone Real Estate Income Trust, Inc.
BSTT- Exchange
- OTC
- Industry
- Real Estate Investment Trusts
- SEC CIK
- 0001662972
In the last 90 days, Blackstone Real Estate Income Trust, Inc. insiders filed 2 open-market purchases and 0 sales; no institution reported holding it in 13F filings for Q2 2026; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 8, 2026, 10:56 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $3.28B (41.2% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 29, 2026 | Jan 30, 2025 | Jan 25, 2024 | – | – |
| Revenue | $7.96B | $8.53B | $8.93B | $7.65B | $3.70B |
| Cost of revenue | $3.69B | $4.06B | $4.13B | $3.43B | $1.51B |
| Selling, general and administrative | $69.5M | $64.5M | $69.2M | $52.7M | $32.0M |
| Operating income | $4.03B | $5.40B | $5.97B | $3.86B | $3.78B |
| Interest expense | – | $3.34B | $3.07B | $2.33B | $835.3M |
| Income tax | -$1.20M | $15.5M | -$5.70M | $13.1M | $300.0K |
| Net income | -$3.28B | -$890.5M | -$691.8M | -$883.5M | -$804.8M |
| EPS, basic | $-0.92 | $-0.23 | $-0.16 | $-0.20 | $-0.30 |
| EPS, diluted | $-0.92 | $-0.23 | $-0.16 | $-0.20 | $-0.30 |
| Weighted shares, basic | 3.56B | 3.82B | 4.41B | 4.33B | 2.65B |
| Weighted shares, diluted | 3.56B | 3.82B | 4.41B | 4.33B | 2.65B |
| Margins and growth | |||||
| Operating margin | 50.7% | 63.3% | 66.8% | 50.4% | 102.2% |
| Net margin | -41.2% | -10.4% | -7.7% | -11.6% | -21.8% |
| Revenue growth, year over year | −6.7% | −4.5% | +16.8% | +106.8% | +44.9% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 29, 2026 | Jan 30, 2025 | Jan 25, 2024 | – | – |
| Cash and equivalents | $1.61B | $1.93B | $1.95B | $1.28B | $989.7M |
| Property, plant and equipment | $2.40B | $2.40B | $2.40B | $2.30B | $963.7M |
| Intangible assets | $662.8M | $826.9M | $2.26B | $2.66B | $2.15B |
| Total assets | $98.6B | $116.2B | $130.8B | $142.7B | $91.3B |
| Long-term debt | $55.5B | $58.5B | $61.7B | $65.0B | $41.3B |
| Total liabilities | $71.9B | $81.4B | $87.0B | $91.9B | $51.5B |
| Shareholders' equity | $26.5B | $34.7B | $43.6B | $50.2B | $39.0B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 29, 2026 | Jan 30, 2025 | Jan 25, 2024 | – | – |
| Operating cash flow | $2.29B | $2.09B | $2.71B | $2.73B | $1.78B |
| Capital expenditures | $1.22B | $1.14B | $1.49B | $1.31B | $576.3M |
| Free cash flow | $1.07B | $950.5M | $1.21B | $1.42B | $1.21B |
| Depreciation and amortization | $3.22B | $3.57B | $3.81B | $4.10B | $1.92B |
| Dividends paid | $1.15B | $1.25B | $1.46B | $1.25B | $711.6M |
| Share buybacks | $6.13B | $9.31B | $12.4B | $10.4B | $1.08B |
| Investing cash flow | $11.5B | $11.1B | $9.85B | -$30.9B | -$40.6B |
| Financing cash flow | -$14.2B | -$13.1B | -$12.1B | $27.0B | $41.2B |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 14, 2016 | 20.0K | – | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.