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Brookfield Corporation (MX:BN1N)
:BN1N
Mexico Market
EarningsQ2 2026 Earnings Report

Brookfield Corporation (BN1N) Q2 2026 Earnings Report

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MX:BN1N Q2 2026 EPS Results

Actual EPS$10.98
Consensus EPS$11.30
Beat/MissMissed by -$0.32
One Year Ago EPS$9.47

MX:BN1N Q2 2026 Revenue Results

Actual Revenue$353.32B
Expected Revenue$30.43B
Beat/MissBeat by +$322.89B
YoY Revenue Growth+9.18%

Earnings Announcement Details

QuarterQ2 2026
Date08/13/2026
TimeBefore Open
Conference CallThursday, August 13, 2026
MX:BN1N Upcoming Earnings
Brookfield Corporation's next earnings date is estimated for November 12, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

MX:BN1N Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Aug 13, 2026|
% Change Since:
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Earnings Call Sentiment|Positive
The call conveys a broadly positive view: strong quarter-over-quarter and year-over-year financial results, record fundraising, significant strategic acquisitions (Oaktree, Just), active monetizations, and large-scale initiatives in AI and energy transition that underpin multi-year growth. Lowlights are mainly operational execution items (cost reduction at Just), conservative timing of carried interest realizations, and macro/market uncertainties. Overall the positives — growth in earnings, fundraising, platform expansion, and sizable deployable capital — materially outweigh the manageable risks and timing challenges called out.
Company Guidance
The call reiterated clear growth and return guidance: management is targeting long‑term capital compounding at 15%+ and expects another record fundraising year after raising $77 billion in Q2 (and a record $98 billion in H1), driving fee‑bearing capital up 19% to $672 billion; distributable earnings (DE) before realizations rose 15% YoY to $1.4 billion ($0.61/sh) in the quarter and $5.7 billion ($2.39/sh) LTM (total DE $1.5 billion/$0.66 Q and $6.2 billion/$2.61 LTM); the firm deployed $100 billion YTD, monetized ~$40 billion and completed $130 billion of financings while building record deployable capital of $210 billion to pursue opportunities (including the $100 billion AI campus and the Oaktree acquisition); Wealth Solutions generated $480 million of DE (+23% YoY) with $1.8 billion LTM, insurance assets >$190 billion (Just added $45 billion), $5 billion of annuity originations this quarter, an average net investment income yield of 5.7%, a P&C combined ratio of 99% and a Q gross spread of 2.2%; real estate fundamentals remain strong (>95% occupancy for supercore/core plus, ~1.0m sq ft retail leases commenced +12% rents, 4.5m sq ft office leases signed +19% net rents vs. expiries with 2.0m sq ft pipeline); monetizations included Evoque IPO (~$1.2 billion proceeds, 64% retained), 1 Churchill Place (£750m) and Multiplex ($650m); carry realizations were $121 million (with $12.5 billion of unrealized carried interest); capital returns this quarter were $270 million (dividends + buybacks) and YTD buybacks ~$580 million at an average $42/share; the board declared a $0.07/share quarterly dividend and shareholders approved the simplification (tax‑deferred election open for certain holders), all supporting management’s stated pathway to scale insurance assets to >$300 billion by decade end.
Strong Earnings Growth
Distributable earnings (DE) before realizations rose 15% year-over-year to $1.4 billion ($0.61 per share) for the quarter and totaled $5.7 billion ($2.39 per share) over the last 12 months; total DE including realizations was $1.5 billion ($0.66) for the quarter and $6.2 billion ($2.61) over the last 12 months.
Record Fundraising and Fee Growth
Quarterly fundraising reached a record $77 billion (and $98 billion raised in the first half), fee-bearing capital increased 19% to $672 billion, driving a 20% increase in fee-related earnings year-over-year.
Wealth Solutions Momentum
Wealth Solutions generated DE of $480 million ($0.20 per share), up 23% year-over-year; insurance assets increased to over $190 billion (including Just Group addition) and $5 billion of annuity sales were originated in the quarter.
Strategic M&A and Platform Expansion
Completed acquisition of Oaktree, expanding credit capabilities; acquired Just Group (UK) adding $45 billion of insurance assets; combined credit and insurance capabilities create broader global platform.
AI & Energy Transition Platform Wins
Announced major AI infrastructure initiatives including a $100 billion AI campus in Kentucky (DOE partnership) and partnerships with NVIDIA to mobilize compute financing; positioning across power, data centers, and transmission to capture accelerating demand.
Robust Operating Performance and Monetizations
Operating businesses generated DE of $361 million for the quarter; executed ~$40 billion of asset sales YTD (notable: Evoque IPO ~$1.2 billion proceeds, retention of 64% interest; sale of 1 Churchill Place for £750 million; Multiplex sale $650 million); realized $121 million of net carried interest and hold $12.5 billion of accumulated unrealized carried interest.
Real Estate Momentum
Supercore and core-plus portfolios finished the quarter over 95% occupancy; signed 4.5 million sq ft of office leases at rents 19% above expirations (U.S. 1.3M sq ft at +25%; Canada >700k sq ft at >70% with a 433k sq ft lease >100% above expiring); retail leases started ~1 million sq ft at rents 12% higher than expiring.
Capital & Liquidity Strength
Maintained strong liquidity with record deployable capital of $210 billion, completed ~$130 billion of financings YTD, issued CAD750 million of 10- and 30-year notes (4x oversubscribed), and returned $270 million to shareholders in the quarter plus ~$580 million of share repurchases YTD.

MX:BN1N Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Nov 12, 2026
2026 (Q3)
12.63 / -
10.128―
2026 (Q2)
11.30 / 10.98
9.4715.94% (+1.51)
2026 (Q1)
10.81 / 10.45
9.8066.58% (+0.65)
2025 (Q4)
10.80 / 11.06
12.36-10.54% (-1.30)
2025 (Q3)
10.66 / 10.13
10.1280.00% (0.00)
2025 (Q2)
10.41 / 9.47
15.96-40.66% (-6.49)
2025 (Q1)
10.53 / 9.81
9.078.11% (+0.74)
2024 (Q4)
10.52 / 12.36
9.61228.59% (+2.75)
2024 (Q3)
9.65 / 10.13
8.63217.34% (+1.50)
2024 (Q2)
9.02 / 15.96
8.64484.63% (+7.32)
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