Brookfield Wealth Solutions Ltd. (BNT) Financial Statements

Executive TeamFinancials

Brookfield Wealth Solutions financial statements at a glance

Brookfield Wealth Solutions reported revenue of $11.42 billion for fiscal year 2025 (ended December 31, 2025), down 20.4% from fiscal year 2024. Net income was $750.00 million, a net margin of 6.6%, and diluted earnings per share were $2.75.

At the end of fiscal year 2025 it had total assets of $157.18 billion, total liabilities of $139.26 billion and shareholders' equity of $17.59 billion, with cash and short-term investments of $25.93 billion and total debt of $5.69 billion.

Its operations brought in $2.61 billion of cash; capital spending was $69.00 million, leaving free cash flow of $2.55 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.

BNT logo

Brookfield Wealth Solutions Ltd.

BNTBermuda
Financial Services
USD (Local)

Income Statement

Annual • USD

Total Revenue
11.42B
Prev Year: 14.34B
YoY: -20.4%
Total Premiums Earned
-
Prev Year: 8.27B
Other Income Expense
790.00M
Prev Year: 781.00M
YoY: +1.2%
Net Premiums Written
-
Prev Year: 8.27B
Total Expenses
10.45B
Prev Year: 13.12B
YoY: -20.4%
Loss Adjustment Expense
5.22B
Prev Year: 8.29B
YoY: -37.1%
Net Policyholder Benefits And Claims
5.22B
Prev Year: 8.29B
YoY: -37.1%
Net Non Operating Interest Income Expense
-379.00M
Prev Year: -362.00M
YoY: -4.7%
Policyholder Interest
-
Prev Year: 1.87B
Non-operating Interest Expense
379.00M
Prev Year: 362.00M
YoY: +4.7%
Other Operating Expenses
1.36B
Prev Year: 1.36B
YoY: +0.4%
Policy Acquisition Expenses
-
Prev Year: 1.24B
Pre-tax Income
967.00M
Prev Year: 1.21B
YoY: -20.3%
Provision for Income Taxes
104.00M
Prev Year: -34.00M
YoY: +405.9%
Net Income Common Stockholders
750.00M
Prev Year: 1.09B
YoY: -31.5%
Net Income
766.00M
Prev Year: 1.21B
YoY: -36.9%
Net Income Including Non-Controlling Interests
863.00M
Prev Year: 1.25B
YoY: -30.8%
Net Income from Continuing Operations
863.00M
Prev Year: 1.25B
YoY: -30.8%
Noncontrolling Interests
-97.00M
Prev Year: -33.00M
YoY: -193.9%
Diluted NI Available to Com Stockholders
750.00M
Prev Year: 1.09B
YoY: -31.5%
Net Income from Continuing and Discontinued Operation
766.00M
Prev Year: 1.21B
YoY: -36.9%
Normalized Income
766.00M
Prev Year: 1.21B
YoY: -36.9%
EBIT
1.35B
Prev Year: 1.57B
YoY: -14.5%
Reconciled Depreciation
218.00M
Prev Year: 206.00M
YoY: +5.8%
Net Income from Continuing Operation Net Minority Interest
766.00M
Prev Year: 1.21B
YoY: -36.9%
Tax Rate for Calcs
0.108
Prev Year: 0
Interest Expense
379.00M
Prev Year: 362.00M
YoY: +4.7%
Rent Expense (supplemental)
-
Net Interest Income
-379.00M
Weighted Average Shares (diluted)
272.69M
Weighted Average Shares (basic)
272.69M
Diluted EPS
2.75
Basic EPS
2.75
Otherunder Preferred Stock Dividend
16.00M
Prev Year: 14.00M
YoY: +14.3%
Operating Revenue
11.42B
Policyholder Benefits (gross)
6.53B
Prev Year: 11.64B
YoY: -43.9%
Policyholder Benefits (ceded)
1.31B
Prev Year: 3.35B
YoY: -60.8%
Values in USD

Brookfield Wealth Solutions key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$11.4B$14.3B$7.0B$4.4B$1.0B
Operating income$1.3B$1.6B$1.1B$636.0M-$112.0M
Net income$750.0M$1.1B$675.0M$425.0M-$98.0M
Diluted EPS$2.75–$5.47$13.75-$1.28
Total assets$157.2B$140.0B$61.6B$43.5B$11.5B
Total liabilities$139.3B$126.9B$52.8B$39.2B$10.1B
Shareholders' equity$17.6B$12.2B$8.7B$4.3B$1.4B
Cash and short-term investments$25.9B––––
Total debt$5.7B$4.5B$3.7B$3.8B$693.0M
Operating cash flow$2.6B$4.6B$1.5B$644.0M$1.7B
Capital spending$69.0M$40.0M$135.0M$24.0M$1.0M
Free cash flow$2.5B$4.5B$1.4B$620.0M$1.7B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2018.

Questions and answers

What was Brookfield Wealth Solutions's revenue in fiscal year 2025?

$11.42 billion, down 20.4% from $14.34 billion in fiscal year 2024.

How much profit does Brookfield Wealth Solutions make?

Brookfield Wealth Solutions reported net income of $750.00 million for fiscal year 2025 (6.6% of revenue); operating income was $1.35 billion.

How much cash and debt does Brookfield Wealth Solutions have?

At the end of fiscal year 2025: cash and short-term investments of $25.93 billion and total debt of $5.69 billion.

What is Brookfield Wealth Solutions's free cash flow?

$2.55 billion in fiscal year 2025 (operating cash flow of $2.61 billion minus capital spending of $69.00 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
LinkedInLinkedInXXYouTubeYouTube