Filing Flows › Brookfield Asset Management (BAM) › Q2 2026 › vs Q2 2025
Brookfield Asset Management (BAM) Q2 2026 vs Q2 2025 (year over year)
Brookfield Asset Management's revenue rose $663M (+61%) from $1.1B in Q2 2025 to $1.8B in Q2 2026. The biggest changes: Other revenues +$547M (+344%); Infrastructure +$42.0M (+13%); Credit +$33.0M (+31%). Operating margin 62.4% against 48.9% (+13.5 pts).
Brookfield Asset Management, Q2 2026: revenue $1.8B (+61% year over year), operating margin 62.4%, net earnings $1.2B, operating cash flow $545M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 62.4% | 48.9% | +13.5 pts |
| Net margin | 66.9% | 53.6% | +13.3 pts |
| Free cash flow margin | 30.5% | 48.4% | -17.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Infrastructure | $357M | $315M | $42.0M | +13% |
| Real estate | $236M | $235M | $1.0M | +0.4% |
| Energy | $228M | $200M | $28.0M | +14% |
| Credit | $138M | $105M | $33.0M | +31% |
| Private equity | $88.0M | $76.0M | $12.0M | +16% |
| Other revenues | $706M | $159M | $547M | +344% |
| Revenue | $1.8B | $1.1B | $663M | +61% |
| Other income, net | $240M | $126M | $114M | +90% |
| Operating profit | $1.1B | $533M | $561M | +105% |
| Costs & expenses | $659M | $557M | $102M | +18% |
| Pre-tax earnings | $1.3B | $659M | $675M | +102% |
| General & admin | $25.0M | $18.0M | $7.0M | +39% |
| Other operating costs | $634M | $539M | $95.0M | +18% |
| Net earnings | $1.2B | $584M | $588M | +101% |
| Income tax | $162M | $75.0M | $87.0M | +116% |
| Depreciation & amortization | $13.0M | $11.0M | $2.0M | +18% |
| Share-based compensation | $42.0M | $27.0M | $15.0M | +56% |
| Working capital & other | $682M | $93.0M | $589M | +633% |
| Operating cash flow | $545M | $529M | $16.0M | +3% |
| Free cash flow (OCF − capex) | $535M | $528M | $7.0M | +1% |
| Capital expenditures | $10.0M | $1.0M | $9.0M | +900% |
Questions
How much did Brookfield Asset Management's revenue grow year over year in Q2 2026?
Brookfield Asset Management's revenue rose $663M (+61%) from $1.1B in Q2 2025 to $1.8B in Q2 2026.
What drove Brookfield Asset Management's revenue change in Q2 2026?
Other revenues +$547M (+344%); Infrastructure +$42.0M (+13%); Credit +$33.0M (+31%).