Quarterly ResultMay 12, 2026, 04:19 PM
Brookfield Oaktree Q1 Net Income $39.26M; EPS $0.27
AI Summary
Brookfield Oaktree Holdings, LLC reported a significant turnaround in its first quarter 2026 financial results, achieving a net income of $39.26 million, or $0.27 per Class A unit, compared to a net loss in the prior year period. This improvement occurred despite a 22.14% decrease in total revenues to $111.69 million. The company's financial position strengthened with total assets growing to $7.31 billion and total unitholders' capital increasing to $2.35 billion quarter-over-quarter, though Class A unit distributions were halted for the quarter.
Key Highlights
- Net income attributable to Brookfield Oaktree Holdings, LLC was $39.26 million for Q1 2026, a significant increase from a net loss of $4.99 million in Q1 2025.
- Net income per Class A unit was $0.27 for Q1 2026, compared to a net loss of $0.10 per Class A unit in Q1 2025.
- Total revenues decreased by 22.14% to $111.69 million in Q1 2026 from $143.45 million in Q1 2025.
- Total assets increased to $7.31 billion as of March 31, 2026, up from $6.80 billion as of December 31, 2025.
- Total unitholders' capital rose to $2.35 billion as of March 31, 2026, from $2.26 billion as of December 31, 2025.
- Distributions declared per Class A unit were $0 for Q1 2026, down from $0.75 in Q1 2025.
- Net cash used in operating activities was $212.94 million in Q1 2026, compared to $277.73 million provided in Q1 2025.