Brookfield Asset Management BAM Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Credit | $108M+6.9% | $112M+62.3% | $105M+40.0% | $105M+28.0% | $101M+71.2% | |
| Energy | $218M+21.1% | —— | —— | —— | $180M— | |
| Infrastructure | $355M+14.5% | $332M+3.8% | $334M+5.4% | $315M+9.4% | $310M+6.2% | |
| Private equity | $80M+12.7% | $174M+97.7% | $71M-7.8% | $76M-10.6% | $71M-4.1% | |
| Real estate | $229M-21.6% | $231M-2.9% | $228M-3.0% | $235M+12.4% | $292M+41.7% | |
| Segment Revenues by Business | ||||||
| Credit | $444M+19.0% | $452M+18.0% | $431M+16.2% | $377M+12.9% | $373M+18.8% | |
| Energy | $174M+28.9% | —— | —— | —— | $135M— | |
| Infrastructure | $270M+18.9% | $250M+8.7% | $255M+7.6% | $235M+8.3% | $227M+1.8% | |
| Private equity | $120M+16.5% | $129M+14.2% | $108M-10.0% | $110M-10.6% | $103M-9.6% | |
| Real estate | $251M-20.6% | $254M+2.0% | $254M+2.4% | $259M+8.8% | $316M+35.6% | |
| Total segment compensation and benefits by Business | ||||||
| Credit | $175M+3.6% | $134M-9.5% | $170M+3.0% | $170M+3.7% | $169M+11.9% | |
| Energy | $49M+19.5% | —— | —— | —— | $41M— | |
| Infrastructure | $68M+13.3% | $70M-1.4% | $61M+3.4% | $64M+25.5% | $60M+11.1% | |
| Private equity | $66M+17.9% | $72M+28.6% | $58M0.0% | $58M0.0% | $56M-11.1% | |
| Real estate | $98M0.0% | $90M+13.9% | $85M-2.3% | $91M+4.6% | $98M+12.6% | |
| Total segment travel and other operating expenses by Business | ||||||
| Credit | $50M+38.9% | $52M+92.6% | $45M+32.4% | $32M+45.5% | $36M+5.9% | |
| Energy | $9M+80.0% | —— | —— | —— | $5M— | |
| Infrastructure | $11M+22.2% | $13M— | $11M+120% | $9M+50.0% | $9M+28.6% | |
| Private equity | $8M+60.0% | $7M+40.0% | $8M+33.3% | $8M+33.3% | $5M-16.7% | |
| Real estate | $10M0.0% | $10M+150% | $11M+37.5% | $10M+25.0% | $10M+25.0% | |
| Segment Earnings by Business | ||||||
| Credit | $183M+36.6% | $234M+35.3% | $188M+35.3% | $145M+33.0% | $134M+34.0% | |
| Energy | $107M+27.4% | —— | —— | —— | $84M— | |
| Infrastructure | $174M+20.8% | $154M+6.2% | $173M+6.1% | $148M+0.7% | $144M-1.4% | |
| Private equity | $32M+14.3% | $35M-5.4% | $30M-30.2% | $28M-40.4% | $28M-17.6% | |
| Real estate | $121M-34.9% | $139M+3.0% | $139M+5.3% | $139M+13.9% | $186M+57.6% | |
| Total segment facilities, technology and professional fees by Business | ||||||
| Credit | $36M+5.9% | $32M-8.6% | $28M-15.2% | $30M-23.1% | $34M+17.2% | |
| Energy | $9M+80.0% | —— | —— | —— | $5M— | |
| Infrastructure | $17M+21.4% | $13M-48.0% | $10M0.0% | $14M+7.7% | $14M-12.5% | |
| Private equity | $14M0.0% | $15M0.0% | $12M-7.7% | $16M+33.3% | $14M+27.3% | |
| Real estate | $22M0.0% | $15M-51.6% | $19M-9.5% | $19M-9.5% | $22M+10.0% | |
| Revenue by Product | ||||||
| Base management and advisory fees | $860M+2.7% | $873M+9.9% | $859M+11.8% | $815M+14.0% | $837M+23.1% | |
| Incentive fees | $130M+11.1% | $212M+98.1% | $115M+9.5% | $116M+9.4% | $117M+10.4% | |
| Management Service | $860M+2.7% | $873M+9.9% | $859M+11.8% | $815M+14.0% | $837M+23.1% | |
| Revenue by Geography | ||||||
| Canada | $208M+13.0% | $195M+31.8% | $204M+12.1% | $196M+21.7% | $184M+16.5% | |
| Other | $139M+40.4% | $183M+37.6% | $119M+28.0% | $114M+17.5% | $99M+3.1% | |
| United Kingdom | $209M+3.0% | $259M+30.8% | $216M+27.1% | $184M+10.8% | $203M+24.5% | |
| United States | $304M-13.4% | $236M-25.1% | $320M-0.9% | $321M+10.3% | $351M+33.5% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Brookfield Asset Management break its business down?
- Brookfield Asset Management (BAM) reports revenue by business across 5 parts — Credit, Energy, Infrastructure, Private equity and Real estate. Each is extracted from the segment footnotes and tracked over time.
- Where does Brookfield Asset Management's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Brookfield Asset Management's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
