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OTC · Real estate

Blackstone Real Estate Income Trust, Inc. (BSTT)

Blackstone Real Estate Income Trust, Inc. brought in $7.7B of revenue over the twelve months to June 30, 2026, down 6.4% from a year earlier. It posted a net loss of $1.9B. Operating cash flow minus capital spending left $1.1B of free cash flow in fiscal 2025. At June 30, 2026 it held $1.4B in cash against $52.5B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 7, 2026.

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Revenue (last 12 months)
$7.7B
-6.4% year on year
Net margin
-24.1%

What Blackstone Real Estate Income Trust, Inc. does

Blackstone Real Estate Income Trust, Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on OTC under the ticker BSTT.

Revenue and profit by year

Revenue
FY18: $723.3M $723.3M FY18FY19: $1.7B $1.7B FY19FY20: $2.6B $2.6B FY20FY21: $3.7B $3.7B FY21FY22: $7.6B $7.6B FY22FY23: $8.9B $8.9B FY23FY24: $8.5B $8.5B FY24FY25: $8B $8B FY25
Net income
FY18: -$281.1M -$281.1M FY18FY19: -$401.8M -$401.8M FY19FY20: -$853.4M -$853.4M FY20FY21: -$804.8M -$804.8M FY21FY22: -$883.5M -$883.5M FY22FY23: -$691.8M -$691.8M FY23FY24: -$890.5M -$890.5M FY24FY25: -$3.3B -$3.3B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$8B$4B-$3.3B-$0.92$1.1B
2024$8.5B$5.4B-$890.5M-$0.23$950.5M
2023$8.9B$6B-$691.8M-$0.16$1.2B
2022$7.6B$3.7B-$883.5M-$0.20$1.4B
2021$3.7B$3.7B-$804.8M-$0.30$1.2B
2020$2.6B$1.6B-$853.4M-$0.53$644.7M

Full financial statements: income, balance sheet and cash flow

Where BSTT ranks in Real estate

Revenue$8B
#6 of 230 in Real estate · Top 2%
Revenue growth-6.7%
#173 of 205 in Real estate · Bottom 16%
Net margin-41.2%
#193 of 208 in Real estate · Bottom 7%
Free cash flow margin13.4%
#57 of 116 in Real estate · Top 49%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Real estate

Dividends

Blackstone Real Estate Income Trust, Inc. declared $0.66 per share in fiscal 2025. It paid out $1.1B in cash dividends.

Fiscal yearPer sharePaid outOf profit
2025$0.66$1.1Bn/a
2024$0.66$1.2Bn/a
2023$0.67$1.5Bn/a
2022$0.67$1.2Bn/a
2021$0.65$711.6Mn/a
2020$0.64$420.9Mn/a

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Blackstone Real Estate Income Trust, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 16, 2026
  2. September 3, 2026
  3. August 31, 2026
  4. August 20, 2026
  5. August 17, 2026
  6. August 7, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue fell 6.9% to $1.9B versus the same quarter last year; net loss of $401.4M.
  7. August 5, 2026
  8. July 31, 2026
  9. July 24, 2026
  10. July 23, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 3, 2026. Insider transactions on SEC

What is BSTT worth? A DCF from its reported cash flow

Insider trades

What the people running Blackstone Real Estate Income Trust, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders bought $14K worth of shares on the open market in the last 90 days and sold none.

Bought (open market)
$14K
last 90 days
Sold
$0
last 90 days
Net bought
956
$14K
DateInsiderWhatSharesPriceValueFiling
September 1, 2026 Harper Robert G IVHead of Asset Management Bought 956 $14.65 $14K Form 4
August 14, 2026 Carras SusanDirector Received as pay 13,654 - - Form 4
August 14, 2026 Cohen FrankDirector Received as pay 13,654 - - Form 4
August 14, 2026 Lewis EdwardDirector Received as pay 13,654 - - Form 4
August 14, 2026 Gilchrist Richard IDirector Received as payindirect 13,654 - - Form 4
August 14, 2026 Beier Raymond J.Director Received as pay 13,654 - - Form 4
August 14, 2026 Griffith FieldDirector Received as pay 13,654 - - Form 4
June 1, 2026 Harper Robert G IVHead of Asset Management Bought 2,439 $14.35 $35K Form 4
April 1, 2026 Harper Robert G IVHead of Asset Management Bought 773 $14.24 $11K Form 4
March 2, 2026 Carras SusanDirector Bought 7,038 $14.21 $100K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns BSTT

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

We have not read this company's Schedule 13D and 13G filings yet.

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

7 insiders reported holding 2,447,707 shares in total.

HolderSharesAs of
Cohen FrankDirector 1,339,251 August 14, 2026
Harper Robert G IVHead of Asset Management 577,820 September 1, 2026
Griffith FieldDirector 126,427 August 14, 2026
Beier Raymond J.Director 126,427 August 14, 2026
Lewis EdwardDirector 118,671 August 14, 2026
Carras SusanDirector 85,249 August 14, 2026
Gilchrist Richard IDirector 73,86273,862 held indirectly August 14, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about BSTT

What does Blackstone Real Estate Income Trust, Inc. do?

Blackstone Real Estate Income Trust, Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on OTC under the ticker BSTT.

Is Blackstone Real Estate Income Trust, Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $1.9B on revenue of $7.7B.

How much revenue does Blackstone Real Estate Income Trust, Inc. make?

Over the twelve months to June 30, 2026 Blackstone Real Estate Income Trust, Inc. reported revenue of $7.7B. That is 6.4% less than a year earlier.

When did Blackstone Real Estate Income Trust, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 7, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the securities offering prospectus from September 16, 2026.

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Where the numbers come from

Financial figures are the values Blackstone Real Estate Income Trust, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.