BlackRock Credit Allocation Income Trust (BTZ) Income Statement
BTZ 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBTZ revenue and net income
Where BTZ's revenue goes
2025Each bar shows an amount and its share of revenue. BTZ kept 93.3% of revenue as net income.
BTZ profit margins
BTZ growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +6.6% | — | −7.7% | −1.1% |
| Gross profit | +7.7% | — | −9.5% | −2.0% |
| Operating income | +34.0% | — | −4.8% | +1.8% |
| Net income | +61.4% | — | −8.9% | — |
| EPS (diluted) | +115.7% | — | −7.9% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BTZ quarterly EPS vs estimates
BlackRock Credit Allocation Income Trust beat the analyst EPS estimate in 2 of the last 2 quarters.
BTZ income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $109.7M | $102.9M | $52.5M | $0 | $38.7M | $163.7M | $212.0M | $0 | $119.3M | $76.7M |
| Cost of revenue | $10.5M | $10.8M | $30.8M | $10.7M | $13.2M | $12.2M | $2.3M | $13.8M | $13.3M | $14.3M |
| Gross profit | $99.1M | $92.1M | $104.5M | −$279.6M | $38.7M | $163.7M | $212.0M | −$40.7M | $119.3M | $62.4M |
| Research & development | — | — | $3 | $4 | $0 | $1 | $2 | $0 | $0 | $0 |
| Sales, general & admin | $621,558 | $666,693 | $10.8M | $395,467 | $801,688 | $725,267 | $1.7M | $686,696 | $833,795 | $14.6M |
| Total operating expenses | −$27.9M | $797,478 | $676,864 | $410,276 | $1.0M | $1.0M | $2.8M | $808,292 | $970,471 | $24.8M |
| Operating income | $127.0M | $94.8M | $93.7M | −$270.1M | $37.7M | $162.7M | $226.6M | −$28.0M | $124.0M | $133.7M |
| Interest income | $99.6M | $105.8M | $101.7M | $90.5M | $44.2M | $95.5M | $109.7M | $141.7M | $26.0M | $31.0M |
| Interest expense | $24.8M | $31.5M | $30.8M | $9.9M | $2.6M | $5.8M | $17.3M | $13.5M | $5.6M | $0 |
| Income before taxes | $102.3M | $63.4M | $132.2M | −$280.0M | $37.7M | $162.7M | $209.3M | −$41.5M | $118.4M | $130.0M |
| Income taxes | — | — | $93.7M | $82.1M | $79.2M | $79.5M | $94.5M | −$161,141 | $92.4M | −$3.8M |
| Net income | $102.3M | $63.4M | $132.2M | −$280.0M | $37.7M | $162.7M | $209.3M | −$41.5M | $118.4M | $130.0M |
| EBITDA | $127.1M | $94.8M | $93.7M | −$270.1M | $37.7M | $162.7M | $226.6M | −$28.0M | $124.0M | $130.0M |
| EPS (diluted) | $1.10 | $0.51 | $1.42 | −$3.00 | $0.60 | $1.66 | $3.02 | −$0.59 | $1.65 | $1.80 |
| Gross margin | 90.4% | 89.5% | 199.0% | — | 100.0% | 100.0% | 100.0% | — | 100.0% | 81.4% |
| Operating margin | 115.8% | 92.2% | 178.4% | — | 97.4% | 99.4% | 106.9% | — | 103.9% | 174.4% |
| Net margin | 93.3% | 61.6% | 251.7% | — | 97.4% | 99.4% | 98.7% | — | 99.2% | 169.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $49.8M | $23.1M | $57.4M | $25.4M | $25.3M | $25.3M | $55.4M | $26.4M | $27.2M | $27.2M | $46.9M | $26.6M |
| Cost of revenue | $5.0M | $0 | $5.4M | $0 | $0 | $0 | $5.4M | $0 | $5.4M | $0 | $5.4M | $0 |
| Gross profit | $44.8M | $23.1M | $52.0M | $25.4M | $25.3M | $25.3M | $50.0M | $26.4M | $21.7M | $27.2M | $26.6M | $26.6M |
| Sales, general & admin | $2.6M | $2.6M | — | $2.7M | $2.6M | $2.6M | $7.6M | $2.8M | $2.8M | $2.8M | $2.7M | $2.7M |
| Total operating expenses | $24.6M | $2.6M | −$6.6M | $2.7M | $2.6M | $2.6M | −$12.1M | $2.8M | $2.8M | $2.8M | $2.7M | $2.7M |
| Operating income | $20.2M | $20.5M | $58.6M | $22.7M | $22.7M | $22.7M | $62.1M | $23.6M | $24.4M | $24.4M | $98.9M | $23.9M |
| Interest expense | $9.0M | — | $12.4M | $6.2M | $6.2M | $6.2M | — | $7.5M | — | $8.3M | $16.4M | — |
| Income before taxes | $11.2M | $5.6M | $46.2M | $23.1M | $28.0M | $28.0M | $47.2M | $23.6M | $16.2M | $8.1M | $82.5M | $41.2M |
| Income taxes | — | — | — | — | — | — | — | — | $32.7M | — | $1 | $17.3M |
| Net income | $11.2M | $5.6M | $46.2M | $23.1M | $28.0M | $28.0M | $47.2M | $23.6M | $8.1M | $8.1M | $82.5M | $41.2M |
| EBITDA | $20.2M | — | $58.6M | — | $22.7M | $22.7M | $62.1M | $23.6M | $32.7M | $24.4M | $98.9M | $23.9M |
| EPS (diluted) | — | — | — | — | $0.60 | — | $0.51 | — | — | — | — | — |
| Gross margin | 89.9% | 100.0% | 90.7% | 100.0% | 100.0% | 100.0% | 90.3% | 100.0% | 80.0% | 100.0% | 56.8% | 100.0% |
| Operating margin | 40.5% | 88.9% | 102.2% | 89.3% | 89.6% | 89.6% | 112.1% | 89.5% | 89.8% | 89.8% | 210.7% | 89.9% |
| Net margin | 22.4% | 24.1% | 80.6% | 91.0% | 110.6% | 110.6% | 85.1% | 89.4% | 29.8% | 29.8% | 175.8% | 154.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BTZ's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BTZ financial results
In fiscal year 2025 (ended December 31, 2025), BlackRock Credit Allocation Income Trust reported revenue of $109.7 million, up 6.6% from the year before. It had net income of $102.3 million (up 61.4%), a net profit margin of 93.3%. Diluted earnings per share came to $1.10. Over five years revenue grew at an average rate of −7.7% a year.
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BTZ income statement FAQ
What is BlackRock Credit Allocation Income Trust's annual revenue?
BlackRock Credit Allocation Income Trust reported total revenue of $109.7 million for fiscal year 2025, which ended on December 31, 2025. That was up 6.6% from $102.9 million the previous year.
Is BlackRock Credit Allocation Income Trust profitable?
Yes. BlackRock Credit Allocation Income Trust reported net income of $102.3 million in fiscal 2025, a net profit margin of 93.3%; its operating margin was 115.8%.
What is BlackRock Credit Allocation Income Trust's gross margin?
BlackRock Credit Allocation Income Trust's gross margin was 90.4% in fiscal 2025: for every $100 of revenue, BlackRock Credit Allocation Income Trust kept $90 after the direct cost of its products and services.
How fast is BlackRock Credit Allocation Income Trust growing?
Revenue grew −7.7% a year on average over the last five fiscal years, from $163.7 million to $109.7 million.
What are BlackRock Credit Allocation Income Trust's earnings per share?
BlackRock Credit Allocation Income Trust earned $1.10 per diluted share in fiscal 2025, compared with $0.51 a year earlier.
When does BlackRock Credit Allocation Income Trust's fiscal year end?
BlackRock Credit Allocation Income Trust's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.