EarningsQ2 2026 Earnings Report
MX:BAM1N Q2 2026 EPS Results
Actual EPS$7.82
Consensus EPS$7.78
Beat/MissBeat by +$0.04
One Year Ago EPS$6.63
MX:BAM1N Q2 2026 Revenue Results
Actual Revenue$30.75B
Expected Revenue$26.38B
Beat/MissBeat by +$4.37B
YoY Revenue Growth+60.78%
Earnings Announcement Details
QuarterQ2 2026
Date08/05/2026
TimeBefore Open
Conference CallWednesday, August 5, 2026
MX:BAM1N Upcoming Earnings
Brookfield Asset Management Ltd. Class A's next earnings date is estimated for November 5, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strong positive trajectory: record fundraising, double-digit growth in fee-related and distributable earnings, significant fee-bearing capital expansion, a major strategic acquisition (Oaktree), and accelerating momentum in AI infrastructure anchored by large partnerships and sizeable addressable opportunities. Identified risks are mostly execution and mix-related (margin impact from Oaktree, concentration in large insurance mandates, competition/oversupply risks in AI infrastructure and isolated liquidity sensitivities in a non-traded BDC). Overall, the highlights materially outweigh the lowlights.Company Guidance
Record Fundraising Quarter
Raised $77 billion in Q2 — Brookfield's strongest fundraising quarter ever — bringing year-to-date fundraising to $98 billion and fundraising over the last 12 months to $163 billion. Includes a $40 billion Just Group mandate that increases insurance capital managed by more than one-third.
Strong Fee-Related and Distributable Earnings Growth
Fee-related earnings (FRE) were $808 million in the quarter, up 20% year‑over‑year ($0.50 per share); FRE over the last 12 months grew to $3.2 billion, up 19%. Distributable earnings (DE) were $707 million, up 15% year‑over‑year ($0.44 per share); DE over the last 12 months was $2.8 billion.
Large Increase in Fee-Bearing Capital
Fee-bearing capital reached $672 billion, up 19% over the last 12 months, reflecting broad-based capital-raising across strategies.
AI Infrastructure Momentum and Strategic Partnerships
Launched Brookfield Artificial Intelligence Fund (first close at end of Q2) with BAF targeting $10 billion and anchoring a broader ~$100 billion program. Expanded Bloom Energy partnership from $5 billion to $25 billion, increased France development framework from EUR 20 billion to EUR 30 billion, partnered with NVIDIA and Naver, and announced Paducah AI campus (expected to attract up to $100 billion private investment and support >2 GW compute).
Oaktree Acquisition and Credit Platform Scale
Completed acquisition of Oaktree, combining credit capabilities to create leading scale across asset-backed finance, real asset finance and opportunistic credit, with expected revenue synergies via distribution and product integration.
Robust Fundraising Across Product Types
Infrastructure & Energy raised $12.5 billion in the quarter (including $9.3 billion for the infrastructure flagship); Private Equity raised $8.9 billion (including $6.7 billion for its flagship); Credit raised $51 billion in Q2 (including $45 billion from Brookfield Wealth Solutions); infrastructure debt raised $600 million.
Deployment and Realizations
Deployed $21 billion and monetized $11 billion in the quarter with broad-based activity (notable real estate momentum and initial investment into manufactured home community owner YES! Communities).
Capital Allocation and Balance Sheet Actions
Opportunistic share repurchases of $200 million in Q2 (year‑to‑date ~$575 million). Issued $1 billion of senior secured notes (5-year at 4.832% and 10-year at 5.298%) and ended the quarter with $3.1 billion of corporate liquidity (used in the Oaktree acquisition).
Profitability and Margins
Delivered strong profitability with margins of 57% for the quarter and 58% over the last 12 months, underpinned by recurring fee revenue and operating leverage.
MX:BAM1N Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed