Asset manager technology services and subscription revenue growth measures year-over-year growth in technology and subscription revenue generated outside the core asset-based fee engine.
BlackRock reported 13% year-over-year technology services and subscription revenue growth in the second quarter of 2026.
Technology revenue diversifies the asset-management model
The company cited momentum in Aladdin and multi-product solutions.
That revenue can grow for reasons that differ from market appreciation or client asset flows.
Technology growth should stay separate from base-fee growth
Technology subscriptions are not simply another AUM fee and should not be modeled as a fixed percentage of client assets.
Compare it with base-fee revenue growth and performance-fee revenue growth.
Primary source: BlackRock Q2 2026 earnings supplement.
Part of the Asset Manager Platform Economics
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These companies are examples of how the concept is reported or discussed in public filings. Definitions can differ by issuer; these links open company research rather than a normalized metric comparison.
- BLKOpen operating-model research →10 of 10 reviewed concepts in Asset Manager Platform EconomicsRecurring, variable, and technology monetization4 of 4 bridge concepts supportedContinue through this bridge:Base Fee Revenue GrowthPerformance Fee Revenue GrowthSecurities Lending Revenue Growth
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Compare asset-manager economics
Compare technology and subscription growth separately from asset-based management fees.
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