Brookfield Business Q2 Net Income $37M; Adjusted EBITDA $587M
Brookfield Business Corporation reported strong second quarter 2026 results with net income attributable to shareholders increasing to $37 million, or $0.18 per Class A Share. Adjusted EBITDA reached $587 million, reflecting a 5% increase excluding the impact of acquisitions and dispositions. The company generated over $1.2 billion in proceeds from asset sales and distributions year-to-date, including the agreement to sell Multiplex for approximately $650 million. Strategic capital deployment included commitments of over $300 million for two acquisitions and closing an investment in The OpenAI Deployment Company. The company also continued its share buyback program, repurchasing $50 million in the quarter, and declared a quarterly dividend.
Key Highlights
- Q2 2026 net income attributable to shareholders was $37 million, up from $26 million in Q2 2025.
- Q2 2026 net income per Class A Share was $0.18, up from $0.12 in Q2 2025.
- Q2 2026 Adjusted EBITDA was $587 million, a 5% increase over prior year excluding acquisitions and dispositions.
- Generated over $1.2 billion in proceeds from asset sales and distributions year-to-date.
- Agreed to sell Multiplex for approximately $650 million, expected to close in Q4 2026.
- Committed over $300 million to acquire World Freight Company and Gregg Distributors.
- Closed strategic investment in The OpenAI Deployment Company.
- Repurchased $50 million of shares in Q2 2026, totaling over $320 million since early 2025.
- Declared a quarterly dividend of $0.0625 per Class A Share.
Price Impact
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