Brookfield Asset Management Ltd's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Brookfield Asset Management Ltd reported revenue of $4.8B and net income of $2.5B.
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenues | $3.9B | — | — | — |
| Realized | $0 | — | — | — |
| Unrealized | $209.0M | — | — | — |
| Total investment income | $209.0M | — | — | — |
| Interest and dividend revenue | $98.0M | — | — | — |
| Interest and dividend revenue of consolidated funds | $31.0M | — | — | — |
| Other revenues | $535.0M | — | — | — |
| Total revenues | $4.8B | — | — | — |
| Compensation and benefits | ($1.4B) | ($368.0M) | ($326.0M) | — |
| Other operating expenses | ($354.0M) | ($7.0M) | ($5.0M) | — |
| General, administrative and other | ($56.0M) | — | — | — |
| Total compensation, operating, and general and administrative expenses | ($1.8B) | — | — | — |
| Realized | ($155.0M) | ($61.0M) | ($24.0M) | — |
| Unrealized | $9.0M | ($59.0M) | ($38.0M) | — |
| Total carried interest allocation compensation | ($146.0M) | ($120.0M) | ($62.0M) | — |
| Interest expense | ($87.0M) | ($16.0M) | ($9.0M) | — |
| Interest expense of consolidated funds | ($28.0M) | — | — | — |
| Total expenses | ($2.0B) | ($511.0M) | ($402.0M) | — |
| Other expenses, net | ($297.0M) | — | — | — |
| Share of income from equity method investments | $402.0M | $570.0M | $470.0M | — |
| Other income, net of consolidated funds | $47.0M | — | — | — |
| Income before provision for taxes | $2.9B | — | — | — |
| Income tax expense | ($527.0M) | — | — | — |
| Net income | $2.4B | $541.0M | $451.0M | — |
| Preferred shares redeemable non-controlling interest | 480.0M | — | — | — |
| Net income attributable to non-controlling interest | ($369.0M) | — | — | — |
| Non-controlling interests in consolidated funds | ($24.0M) | — | — | — |
| Net income attributable to the common stockholders | $2.5B | — | — | — |
| Earnings per share - basic (in dollars per share) | $1.54 | $1.31 | $1.15 | — |
| Earnings per share - diluted (in dollars per share) | $1.52 | $1.28 | $1.13 | — |
| Weighted average of common stock outstanding - basic (in shares) | 1.6B | 409.4M | 391.7M | — |
| Weighted average of common stock outstanding - diluted (in shares) | 1.6B | 419.6M | 396.5M | — |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Revenues | $1.0B | $990.0M | $974.0M | $931.0M |
| Realized | $0 | $16.0M | $0 | $0 |
| Unrealized | $553.0M | $96.0M | $112.0M | ($63.0M) |
| Total investment income | $553.0M | $112.0M | $112.0M | ($63.0M) |
| Interest and dividend revenue | $27.0M | $21.0M | $24.0M | $34.0M |
| Interest and dividend revenue of consolidated funds | $9.0M | $8.0M | $7.0M | $8.0M |
| Other revenues | $117.0M | $207.0M | $135.0M | $180.0M |
| Total revenues | $1.8B | $1.3B | $1.3B | $1.1B |
| Compensation and benefits | ($405.0M) | ($355.0M) | ($379.0M) | ($404.0M) |
| Other operating expenses | ($118.0M) | ($98.0M) | ($87.0M) | ($82.0M) |
| General, administrative and other | ($25.0M) | ($22.0M) | ($23.0M) | ($18.0M) |
| Total compensation, operating, and general and administrative expenses | ($548.0M) | ($475.0M) | ($489.0M) | ($504.0M) |
| Realized | ($7.0M) | ($22.0M) | ($26.0M) | ($17.0M) |
| Unrealized | ($44.0M) | ($189.0M) | $46.0M | $1.0M |
| Total carried interest allocation compensation | ($51.0M) | ($211.0M) | $20.0M | ($16.0M) |
| Interest expense | ($53.0M) | ($37.0M) | ($20.0M) | ($31.0M) |
| Interest expense of consolidated funds | ($7.0M) | ($10.0M) | ($6.0M) | ($6.0M) |
| Total expenses | ($659.0M) | ($733.0M) | ($495.0M) | ($557.0M) |
| Other (expenses) income, net | ($29.0M) | $10.0M | ($107.0M) | ($68.0M) |
| Share of income from equity method investments | $199.0M | $70.0M | $110.0M | $181.0M |
| Other income, net of consolidated funds | $70.0M | $11.0M | $10.0M | $13.0M |
| Income before provision for taxes | $1.3B | $696.0M | $770.0M | $659.0M |
| Income tax expense | ($162.0M) | ($110.0M) | ($78.0M) | ($75.0M) |
| Net income | $1.2B | $586.0M | $692.0M | $584.0M |
| Preferred shares redeemable non-controlling interest | -16.0M | 89.0M | 165.0M | 99.0M |
| Redeemable non-controlling interest in consolidated funds | ($30.0M) | $6.0M | — | — |
| Non-controlling interest in consolidated entities | ($201.0M) | ($69.0M) | ($127.0M) | ($54.0M) |
| Non-controlling interests in consolidated funds | ($21.0M) | $5.0M | ($6.0M) | ($9.0M) |
| Net income attributable to the common stockholders | $904.0M | $617.0M | $724.0M | $620.0M |
| Earnings per share - basic (in dollars per share) | $0.56 | $0.38 | $0.45 | $0.38 |
| Earnings per share - diluted (in dollars per share) | $0.56 | $0.38 | $0.44 | $0.38 |
| Weighted average of common stock outstanding - basic (in shares) | 1.6B | 1.6B | 1.6B | 1.6B |
| Weighted average of common stock outstanding - diluted (in shares) | 1.6B | 1.6B | 1.6B | 1.6B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $1.6B | $12.0M | $9.0M | $1.0M |
| Accounts receivable and other, net | $333.0M | — | — | — |
| Financial assets | $417.0M | — | — | — |
| Due from affiliates | $3.3B | $968.0M | $886.0M | — |
| Investments | $9.8B | $3.3B | $2.3B | $2.4B |
| Investments held for sale | $0 | — | — | — |
| Investments of consolidated funds | $505.0M | — | — | — |
| Property, plant and equipment, net | $92.0M | — | — | — |
| Intangible assets, net | $234.0M | — | — | — |
| Goodwill | $236.0M | — | — | — |
| Deferred income tax assets | $572.0M | — | — | — |
| Total assets | $17.0B | $4.4B | $3.2B | $3.2B |
| Accounts payable and accrued liabilities | $2.5B | $879.0M | $859.0M | — |
| Financial liabilities | $449.0M | — | — | — |
| Due to affiliates | $720.0M | $229.0M | $261.0M | — |
| Corporate borrowings | $2.5B | — | — | — |
| Borrowings of consolidated funds | $462.0M | — | — | — |
| Deferred income tax liabilities | $169.0M | — | — | — |
| Total liabilities | $6.7B | $1.1B | $1.1B | $784.0M |
| Redeemable Noncontrolling Interest, Equity, Preferred, Carrying Amount | $1.4B | — | — | — |
| Common stock | $9.2B | $3.5B | $2.4B | $2.4B |
| Class A held in treasury, no par value, 29,450,014 (December 31, 2024 - 22,918,711) shares as at December 31, 2025 | -526.0M | -651.0M | -649.0M | -330.0M |
| Additional paid-in-capital | $154.0M | $565.0M | $403.0M | $278.0M |
| Retained deficit | ($851.0M) | ($143.0M) | ($35.0M) | $19.0M |
| Accumulated other comprehensive income | $188.0M | $1.0M | $3.0M | — |
| Non-controlling interest in consolidated entities | $773.0M | — | — | — |
| Non-controlling interest in consolidated funds | $21.0M | — | — | — |
| Total equity | $8.9B | $3.3B | $2.1B | $2.4B |
| Total liabilities, non-controlling interest and equity | $17.0B | $4.4B | $3.2B | $3.2B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $1.5B | $1.0B | $1.1B | $480.0M |
| Accounts receivable and other, net | $339.0M | $440.0M | $373.0M | $389.0M |
| Financial assets | $506.0M | $433.0M | $265.0M | $290.0M |
| Due from affiliates | $3.2B | $2.9B | $3.4B | $3.5B |
| Investments | $10.4B | $9.5B | $9.6B | $9.5B |
| Investments of consolidated funds | $3.1B | $2.4B | $487.0M | $744.0M |
| Property, plant and equipment, net | $97.0M | $93.0M | — | — |
| Intangible assets, net | $222.0M | $229.0M | — | — |
| Goodwill | $236.0M | $236.0M | — | — |
| Deferred income tax assets | $529.0M | $574.0M | $702.0M | $647.0M |
| Total assets | $20.1B | $17.9B | $16.5B | $16.1B |
| Accounts payable and other, net | $2.2B | $2.1B | $2.5B | $2.4B |
| Financial liabilities | $481.0M | $467.0M | $393.0M | $402.0M |
| Due to affiliates | $1.2B | $932.0M | $899.0M | $990.0M |
| Due to affiliates of consolidated funds | $36.0M | $63.0M | — | — |
| Corporate borrowings | $3.5B | $2.5B | $1.5B | $743.0M |
| Borrowings of consolidated funds | $589.0M | $451.0M | $453.0M | $507.0M |
| Deferred income tax liabilities | $214.0M | $208.0M | $121.0M | $114.0M |
| Total liabilities | $8.2B | $6.7B | $5.8B | $5.1B |
| Preferred shares redeemable non-controlling interest | 1.2B | 1.3B | 1.6B | 1.9B |
| Redeemable non-controlling interest in consolidated funds | $1.4B | $1.4B | — | — |
| Common stock | $9.2B | $9.2B | $9.2B | $9.1B |
| Class A held in treasury, no par value, 41,064,881 (December 31, 2025 - 29,450,014) shares as of June 30, 2026 | -1.1B | -916.0M | -289.0M | -220.0M |
| Additional paid-in capital | $257.0M | $218.0M | $114.0M | $60.0M |
| Retained deficit | ($950.0M) | ($1.0B) | ($704.0M) | ($715.0M) |
| Accumulated other comprehensive income | $165.0M | $180.0M | $189.0M | $196.0M |
| Non-controlling interest in consolidated entities | $1.1B | $878.0M | $634.0M | $524.0M |
| Non-controlling interest in consolidated funds | $596.0M | $116.0M | $17.0M | $177.0M |
| Total equity | $9.2B | $8.6B | $9.1B | $9.2B |
| Total liabilities, redeemable non-controlling interest and equity | $20.1B | $17.9B | $16.5B | $16.1B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $2.4B | $541.0M | $451.0M | — |
| Other expenses, net | $229.0M | $0 | $0 | — |
| Other income, net of consolidated funds | ($47.0M) | — | — | — |
| Share of income from equity method investments, net of cash distributions | ($7.0M) | $83.0M | $56.0M | — |
| Depreciation and amortization | $40.0M | — | — | — |
| Deferred income taxes | $151.0M | — | — | — |
| Stock-based equity awards | $123.0M | $3.0M | $6.0M | — |
| Unrealized carried interest allocation, net | ($301.0M) | — | — | — |
| Investments of consolidated funds | ($467.0M) | — | — | — |
| Changes in other working capital and non-cash operating items | ($18.0M) | — | — | — |
| Cash provided by (used in) operating activities | $2.1B | $627.0M | $508.0M | — |
| Investments | ($962.0M) | — | — | — |
| Acquisition of subsidiaries, net of cash acquired | $6.0M | — | — | — |
| Other assets | ($9.0M) | — | — | — |
| Investments | $307.0M | — | — | — |
| Disposition of subsidiaries, net of cash | $52.0M | — | — | — |
| Investments held for sale | $267.0M | — | — | — |
| Repayments from (advances to) related parties | $0 | — | — | — |
| Cash provided by (used in) investing activities | ($339.0M) | ($41.0M) | ($41.0M) | — |
| Distributions to common stockholders | ($2.8B) | ($630.0M) | ($505.0M) | — |
| Borrowings of consolidated funds | $256.0M | — | — | — |
| Distributions to non-controlling and redeemable non-controlling interests | ($216.0M) | — | — | — |
| Redemption of preferred shares redeemable non-controlling interest | -94.0M | — | — | — |
| Purchase of treasury shares | -412.0M | — | — | — |
| Corporate borrowings issuance, net | $2.5B | — | — | — |
| Deferred financing fees | ($22.0M) | — | — | — |
| Contributions from parent | $12.0M | — | — | — |
| Capital raised from non-controlling interests | $179.0M | $0 | $9.0M | — |
| Preferred equity issuances | $25.0M | — | — | — |
| Issuance of related party loans | $0 | — | — | — |
| Issuance of tracking option | $0 | — | — | — |
| Cash provided by (used in) financing activities | ($590.0M) | ($583.0M) | ($459.0M) | — |
| Change in cash and cash equivalents | $1.2B | $3.0M | $8.0M | — |
| Effect of exchange rate changes on cash and cash equivalents | $7.0M | — | — | — |
| Balance, beginning of year | $404.0M | $9.0M | $1.0M | — |
| Balance, end of year | $1.6B | — | — | $1.0M |
| Accounts receivable and other, net | $32.0M | — | — | — |
| Accounts payable and other, net | ($56.0M) | ($133.0M) | — | — |
| Due from affiliates | $200.0M | $130.0M | — | — |
| Due to affiliates | ($171.0M) | $1.0M | — | — |
| Other non-cash operating items | ($23.0M) | $2.0M | — | — |
| Total Supplemental Cash Flow Disclosures | ($18.0M) | — | — | — |
| Canada | $128.0M | — | — | — |
| Foreign taxes paid | $298.0M | — | — | — |
| Total income taxes paid | $426.0M | — | — | — |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $1.8B | $586.0M | $1.8B | $1.1B |
| Other (income) expenses, net | ($41.0M) | ($39.0M) | $192.0M | $111.0M |
| Other income, net of consolidated funds | ($81.0M) | ($11.0M) | ($37.0M) | ($27.0M) |
| Share of income from equity method investments, net of cash distributions | ($200.0M) | ($42.0M) | ($49.0M) | ($36.0M) |
| Depreciation and amortization | $26.0M | $13.0M | $30.0M | $14.0M |
| Deferred income taxes | $109.0M | $27.0M | ($9.0M) | ($4.0M) |
| Stock-based equity awards | $79.0M | $37.0M | $94.0M | $62.0M |
| Unrealized carried interest allocation, net | ($520.0M) | ($22.0M) | ($53.0M) | $88.0M |
| Investments of consolidated funds | ($85.0M) | ($75.0M) | ($457.0M) | ($465.0M) |
| Disposition of investments of consolidated funds | $136.0M | $136.0M | — | — |
| Changes in other working capital and non-cash operating items | ($298.0M) | ($272.0M) | ($99.0M) | ($191.0M) |
| Cash provided by (used in) operating activities | $883.0M | $338.0M | $1.4B | $643.0M |
| Investments | ($496.0M) | ($55.0M) | ($740.0M) | ($533.0M) |
| Acquisition of subsidiaries, net of cash acquired | $0 | $0 | $6.0M | $6.0M |
| Other assets | ($16.0M) | ($6.0M) | ($7.0M) | ($3.0M) |
| Cash assumed on consolidation of funds | $104.0M | $104.0M | — | — |
| Investments | $260.0M | $117.0M | $164.0M | $38.0M |
| Investments held for sale | $0 | $0 | $262.0M | $237.0M |
| Cash provided by (used in) investing activities | ($148.0M) | $160.0M | ($263.0M) | ($255.0M) |
| Distributions to common stockholders | ($1.6B) | ($809.0M) | ($2.1B) | ($1.4B) |
| Purchase of treasury shares | -576.0M | -376.0M | -185.0M | -116.0M |
| Deposits and loans from related parties | $655.0M | $400.0M | — | — |
| Issuance of related party loans, net | ($103.0M) | — | — | — |
| Repayment of related party loans | ($206.0M) | ($206.0M) | — | — |
| Corporate borrowings issuance, net | $995.0M | $0 | $1.5B | $750.0M |
| Deferred financing costs and contributions from parent | $10.0M | — | $12.0M | $12.0M |
| Distributions to non-controlling and redeemable non-controlling interests | ($76.0M) | ($28.0M) | ($131.0M) | ($11.0M) |
| Capital raised from non-controlling interests | $102.0M | $102.0M | $179.0M | $179.0M |
| Issuances of borrowings by consolidated funds | $338.0M | $211.0M | $247.0M | $256.0M |
| Repayment of borrowings by consolidated funds | ($231.0M) | ($231.0M) | — | — |
| Capital raised from redeemable non-controlling interest in consolidated funds | $120.0M | $50.0M | — | — |
| Redemption of preferred shares redeemable non-controlling interest | -207.0M | -96.0M | — | — |
| Preferred equity issuances | $0 | — | $25.0M | $25.0M |
| Cash provided by (used in) financing activities | ($810.0M) | ($983.0M) | ($482.0M) | ($314.0M) |
| Net increase (decrease) | ($75.0M) | ($485.0M) | $650.0M | $74.0M |
| Effect of exchange rate changes on cash and cash equivalents | ($5.0M) | ($2.0M) | $8.0M | $2.0M |
| Balance, beginning of period | $1.6B | $1.6B | $404.0M | $404.0M |
| Balance, end of period | $1.5B | $1.1B | $1.1B | $480.0M |
| Accounts receivable and other, net | ($33.0M) | ($55.0M) | $20.0M | $2.0M |
| Accounts payable and other, net | ($59.0M) | ($147.0M) | ($181.0M) | ($383.0M) |
| Due from affiliates | ($186.0M) | ($20.0M) | $160.0M | $176.0M |
| Due to affiliates | $58.0M | ($84.0M) | ($109.0M) | $10.0M |
| Other non-cash operating items | ($78.0M) | $34.0M | $11.0M | $4.0M |
| Total Supplemental Cash Flow Disclosures | ($298.0M) | ($272.0M) | ($99.0M) | ($191.0M) |
| Total income taxes paid | $135.0M | $39.0M | — | — |
Brookfield Asset Management Ltd score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.