BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI) Income Statement
BUI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBUI revenue and net income
Where BUI's revenue goes
2025Each bar shows an amount and its share of revenue. BUI kept 92.8% of revenue as net income.
BUI profit margins
BUI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +199.4% | — | +13.5% | +19.4% |
| Gross profit | +190.2% | — | +12.3% | +21.4% |
| Operating income | +190.6% | — | +12.2% | — |
| Net income | +190.6% | — | +12.2% | — |
| EPS (diluted) | +172.2% | — | +5.5% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BUI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $111.6M | $37.3M | $32.4M | $0 | $119.9M | $59.2M | $80.9M | $0 | $54.3M | $22.5M |
| Cost of revenue | $5.9M | $5.3M | $5.2M | $5.3M | $5.2M | $3.9M | $3.6M | $3.5M | $3.6M | $3.6M |
| Gross profit | $105.7M | $36.4M | $27.2M | −$43.4M | $119.9M | $59.2M | $80.9M | −$14.3M | $54.3M | $18.9M |
| Sales, general & admin | $471,055 | $337,927 | $341,585 | $328,161 | $525,987 | $411,646 | $369,633 | $347,389 | $309,933 | — |
| Total operating expenses | $2.2M | $805,615 | $1.1M | $1.1M | −$210,509 | $877,105 | $932,415 | $852,010 | $972,084 | $4.2M |
| Operating income | $103.5M | $35.6M | $36.0M | −$44.5M | $120.1M | $58.3M | $79.9M | −$15.1M | $53.3M | $23.1M |
| Interest income | $0 | $0 | $0 | $0 | — | — | — | — | — | — |
| Interest expense | $744 | $957 | $2,654 | — | $0 | $0 | $0 | $0 | $0 | — |
| Income before taxes | $103.5M | $35.6M | $36.1M | −$44.5M | $120.1M | $58.3M | $79.9M | −$15.1M | $53.3M | $23.1M |
| Income taxes | — | — | −$167,895 | −$354,484 | −$260,824 | −$186,992 | −$298,793 | −$161,141 | $19,891 | — |
| Net income | $103.5M | $35.6M | $36.1M | −$44.5M | $120.1M | $58.3M | $79.9M | −$15.1M | $53.3M | $23.1M |
| EBITDA | $103.5M | $35.7M | $36.1M | −$44.5M | $120.1M | $58.3M | $79.9M | −$15.1M | $53.3M | $23.1M |
| EPS (diluted) | $4.30 | $1.58 | $1.61 | −$2.00 | $6.05 | $3.29 | $4.64 | −$0.89 | — | — |
| Gross margin | 94.7% | 97.7% | 84.0% | — | 100.0% | 100.0% | 100.0% | — | 100.0% | 84.1% |
| Operating margin | 92.7% | 95.6% | 111.1% | — | 100.2% | 98.5% | 98.8% | — | 98.2% | 102.8% |
| Net margin | 92.8% | 95.6% | 111.5% | — | 100.2% | 98.5% | 98.8% | — | 98.2% | 102.8% |
| Jun '26 | Dec '25 | Jun '25 | Dec '24 | Jun '24 | Dec '23 | Jun '23 | Dec '22 | Jun '22 | Dec '21 | Jun '21 | Dec '20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $52.4M | $89.1M | $22.5M | $16.9M | $20.3M | $9.2M | $23.2M | $0 | $20.8M | $12.9M | $8.4M | $10.1M |
| Cost of revenue | $3.5M | $3.1M | $2.8M | $2.8M | $2.6M | $2.6M | $2.6M | $2.6M | $2.7M | $2.8M | $2.4M | $2.0M |
| Gross profit | $48.9M | $86.1M | $19.6M | $14.2M | $17.8M | $6.6M | $20.5M | −$3.1M | $18.1M | $10.1M | $6.0M | $8.1M |
| Total operating expenses | −$57.0M | $53.3M | −$51.1M | −$11.8M | −$8.1M | −$80,359 | −$8.8M | −$35.0M | $94.4M | $3 | $4 | $8 |
| Operating income | $105.9M | $32.7M | $70.7M | $26.0M | $9.6M | $6.7M | $29.3M | $31.9M | −$76.4M | $35.7M | $33.4M | $81.3M |
| Interest expense | $139 | $165 | — | — | — | $2,654 | — | — | — | — | — | — |
| Income before taxes | $105.9M | $32.8M | $70.7M | $26.0M | $9.6M | $6.7M | $29.4M | $31.8M | −$3 | $2 | $2 | $5 |
| Income taxes | — | — | — | — | — | $0 | $1 | $1 | −$3 | $2 | $2 | $5 |
| Net income | $105.9M | $32.8M | $70.7M | $26.0M | $9.6M | $6.7M | $29.4M | $31.8M | $22.1M | $21.7M | $20.3M | $18.0M |
| EBITDA | $105.9M | $32.8M | $70.7M | $26.0M | $9.6M | $6.7M | $29.3M | $31.9M | −$76.3M | $71.3M | $66.8M | $162.5M |
| Gross margin | 93.3% | 96.6% | 87.4% | 83.7% | 87.4% | 72.2% | 88.6% | — | 87.0% | 78.4% | 71.1% | 79.9% |
| Operating margin | 202.0% | 36.7% | 314.9% | 153.6% | 47.4% | 73.1% | 126.5% | — | −366.8% | 276.2% | 398.0% | 802.7% |
| Net margin | 202.1% | 36.8% | 314.9% | 153.4% | 47.3% | 73.1% | 126.7% | — | 106.1% | 167.7% | 242.2% | 177.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BUI's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BUI financial results
In fiscal year 2025 (ended December 31, 2025), BlackRock Utilities, Infrastructure & Power Opportunities reported revenue of $111.6 million, up 199.4% from the year before. It had net income of $103.5 million (up 190.6%), a net profit margin of 92.8%. Diluted earnings per share came to $4.30. Over five years revenue grew at an average rate of 13.5% a year.
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BUI income statement FAQ
What is BlackRock Utilities, Infrastructure & Power Opportunities's annual revenue?
BlackRock Utilities, Infrastructure & Power Opportunities reported total revenue of $111.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 199.4% from $37.3 million the previous year.
Is BlackRock Utilities, Infrastructure & Power Opportunities profitable?
Yes. BlackRock Utilities, Infrastructure & Power Opportunities reported net income of $103.5 million in fiscal 2025, a net profit margin of 92.8%; its operating margin was 92.7%.
What is BlackRock Utilities, Infrastructure & Power Opportunities's gross margin?
BlackRock Utilities, Infrastructure & Power Opportunities's gross margin was 94.7% in fiscal 2025: for every $100 of revenue, BlackRock Utilities, Infrastructure & Power Opportunities kept $95 after the direct cost of its products and services.
How fast is BlackRock Utilities, Infrastructure & Power Opportunities growing?
Revenue grew 13.5% a year on average over the last five fiscal years, from $59.2 million to $111.6 million.
What are BlackRock Utilities, Infrastructure & Power Opportunities's earnings per share?
BlackRock Utilities, Infrastructure & Power Opportunities earned $4.30 per diluted share in fiscal 2025, compared with $1.58 a year earlier.
When does BlackRock Utilities, Infrastructure & Power Opportunities's fiscal year end?
BlackRock Utilities, Infrastructure & Power Opportunities's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.