NYSE$BN

Brookfield Corp · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Brookfield FY2025: $75.1B revenue, $1.3B net income to shareholders, $6.0B distributable earnings

Brookfield Corporation filed its amended 2025 Annual Report (Form 6-K/A) correcting clerical errors in the original filing. For the year ended December 31, 2025, consolidated revenues were $75.1 billion compared with $86.0 billion in 2024, and net income attributable to common shareholders was $1.3 billion (diluted EPS $0.49, adjusted for the October 2025 three-for-two stock split). Q4 2025 revenues were $20.2 billion with net income to shareholders of $743 million (diluted EPS $0.30). Distributable earnings — Brookfield's primary performance measure — totaled $6.0 billion for 2025, down from $6.3 billion in 2024, with asset management DE of $2.8B, wealth solutions DE of $1.7B, and operating business distributions of $1.6B. Assets under management exceeded $1 trillion at year-end.

  • FY2025 consolidated revenue of $75.1B; net income to shareholders of $1.3B (diluted EPS $0.49)
  • Q4 revenue of $20.2B; Q4 net income to shareholders of $743M (diluted EPS $0.30)
  • Distributable earnings of $6.0B in 2025 vs $6.3B in 2024
  • Asset management AUM surpassed $1 trillion at December 31, 2025
  • Form 6-K/A solely corrects inadvertent clerical errors in the original March 17 filing

Headline financials

Total Revenue

$20.2B

Previous: $17.9B+12.3%
EPS (adj)

$0.30

Previous: $0.98-69.4%
Distributable Earnings (FY2025)

$6.01B

No prior period
Assets Under Management

$1T

No prior period
Net Income

$743M

Previous: $73M+917.8%

Revenue & EPS history

Brookfield · Revenue · Quarterly

$20.2B

Q4 2025+12.3%vs Q4 2024
Beat estimate in 7 of 7 quarters(100%)
ActualEstimate

Revenue by segment

Brookfield · $1.54B total across 3 segments · Q4 2024

  • Asset management DE
    $684M
  • Wealth solutions DE
    $430M
  • Operating businesses DE
    $426M

Forward guidance

Brookfield remains focused on delivering 15%+ annualized returns to shareholders, deploying substantial free cash flows toward business growth, strategic opportunities, and share buybacks.

Tailwinds

  • Over $1T AUM with leading global alternative asset manager position
  • Conservative balance sheet with only 6% recourse leverage

Headwinds

  • Distributable earnings declined to $6.0B from $6.3B year over year
  • Consolidated revenue decreased from $86.0B to $75.1B

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.2%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+0.6%

Avg return

30 days after

60%

12 / 20 earnings

Positive

+4.9%

Q2 2023

Best reaction

-6.7%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%-4.6%-4.9%
Q4 2025+2.3%+2.5%-17.7%
Q3 2025-6.7%+0.7%+1.8%
Q2 2025-3.9%+2.9%+1.2%
Q4 2024+4.4%+1.8%+0.9%
Q1 2025+3.2%+6.2%+5.4%
Q2 2024+2.7%+6.1%+7.5%
Q1 2024+1.5%+1.5%-5.6%
Q4 2023+1.5%-1.7%+4.8%
Q3 2023+1.0%+7.0%+11.6%
Q2 2023+4.9%+1.9%+3.8%
Q1 2023-2.4%-2.9%+1.5%
Q4 2022+0.6%-0.7%-18.5%
Q3 2022+1.8%+2.8%+17.5%
Q2 2022-0.5%+0.4%+11.1%
Q1 2022-1.8%+1.0%-13.5%
Q4 2021-0.2%-4.5%-12.1%
Q3 2021+0.3%+1.7%+13.2%
Q2 2021-2.8%-2.1%+2.9%
Q1 2021-1.9%+0.1%+0.5%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro