Brookfield Asset Management reported revenue of $4.61 billion for fiscal year 2025 (ended December 31, 2025), up 856.0% from fiscal year 2024. Net income was $2.49 billion, a net margin of 53.9%, and diluted earnings per share were $1.54.
At the end of fiscal year 2025 it had total assets of $17.05 billion, total liabilities of $6.74 billion and shareholders' equity of $8.12 billion, with cash and short-term investments of $1.58 billion and total debt of $3.62 billion.
Its operations brought in $2.10 billion of cash, leaving free cash flow of $2.10 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

Annual • USD
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $4.6B | $482.0M | $383.0M | $0 | $2.8B |
| Gross profit | $3.2B | $114.0M | $57.0M | $37.0M | $2.1B |
| Operating income | $3.0B | $107.0M | $52.0M | $1.0M | $2.1B |
| Net income | $2.5B | $541.0M | $451.0M | $19.0M | $1.9B |
| Diluted EPS | $1.54 | $1.28 | $1.12 | $4.83 | $4.64 |
| Total assets | $17.0B | $4.4B | $3.2B | $3.2B | $25.6B |
| Total liabilities | $6.7B | $1.1B | $1.1B | $784.0M | $11.2B |
| Shareholders' equity | $8.1B | $3.2B | $2.1B | $2.4B | $9.9B |
| Cash and short-term investments | $1.6B | $12.0M | $9.0M | $1.0M | $2.5B |
| Total debt | $3.6B | $219.0M | $256.0M | $3.0M | $461.0M |
| Operating cash flow | $2.1B | $627.0M | $508.0M | -$374.0M | $1.4B |
| Capital spending | – | – | – | $13.0M | $35.0M |
| Free cash flow | $2.1B | $627.0M | $508.0M | -$387.0M | $1.4B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
$4.61 billion, up 856.0% from $482.00 million in fiscal year 2024.
Brookfield Asset Management reported net income of $2.49 billion for fiscal year 2025 (53.9% of revenue); operating income was $3.03 billion.
At the end of fiscal year 2025: cash and short-term investments of $1.58 billion and total debt of $3.62 billion.
$2.10 billion in fiscal year 2025 (operating cash flow of $2.10 billion).