Quarterly ResultMay 8, 2026, 05:12 PM
Brookfield Asset Management Q1 Net Income $617M; EPS $0.38
AI Summary
Brookfield Asset Management reported strong first-quarter 2026 results, with net income attributable to common stockholders increasing to $617 million from $581 million year-over-year. Basic earnings per share also rose to $0.38 from $0.36. Total revenues for the quarter grew to $1,338 million, up from $1,081 million in the prior year, driven by higher base management and advisory fees. The company also saw a significant improvement in net cash from operating activities, reaching $338 million.
Key Highlights
- Net income attributable to common stockholders rose to $617M from $581M YoY.
- Basic earnings per share increased to $0.38 from $0.36 YoY.
- Total revenues grew to $1,338M from $1,081M YoY.
- Base management and advisory fees increased to $860M from $837M YoY.
- Net cash from operating activities significantly improved to $338M from $114M YoY.
- Total assets reached $17,937M as of March 31, 2026, up from $17,047M.
- Total equity was $8,586M as of March 31, 2026, down from $8,912M.