Filing Flows › Brookfield Asset Management (BAM) › Q2 2026
Brookfield Asset Management (BAM) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Brookfield Asset Management (BAM) reported revenue of $1.8B for the second quarter 2026 (Q2 2026), +61% from a year earlier and +31% from the quarter before. Operating margin was 62.4%, net earnings $1.2B (66.9% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +31% | +61% |
| Operating profit | $1.1B | +81% | +105% |
| Net earnings | $1.2B | +100% | +101% |
| Operating cash flow | $545M | +61% | +3% |
| Free cash flow | $535M | +61% | +1% |
What changed
Revenue was $1.8B in Q2 2026, up 61% year over year and up 31% from the previous quarter. Infrastructure was the largest line at 20% of revenue. Infrastructure added $0.04B year over year (up 13%), 6% of the total change.
Operating profit was $1.1B, a 62.4% margin (up 13.5 points year over year). Of the extra revenue versus Q2 2025, 85% reached operating profit, above the 49% margin then. Total costs grew 18% against revenue growth of 61%. The fastest-growing cost line was General & admin (+39%). Net earnings were $1.2B, up 101% year over year. The effective tax rate was 12.1%.
Operating cash flow was $0.55B (up 3% year over year), 47% of net earnings. Non-cash charges added back $0.01B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.68B. Capital expenditures of $0.01B left free cash flow of $0.54B.
Questions
What was Brookfield Asset Management's revenue in the second quarter 2026?
Brookfield Asset Management (BAM) reported revenue of $1.8B for the second quarter 2026 (Q2 2026), +61% from a year earlier and +31% from the quarter before.
Was Brookfield Asset Management profitable in the second quarter 2026?
Operating profit was $1.1B (62.4% of revenue) and net earnings $1.2B.