Brookfield Asset Management Ltd. revenue by segment BAM

Annual Quarterly

Brookfield Asset Management Ltd. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Infrastruture at $1.3 billion, 33% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Management Service at $3.4 billion, 86% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023
Revenue	4,096	3,944	—	—
Operating segments
Infrastruture	1,378 +7.8% share 33.6%	1,291 +4.7% share 32.7%	1,233 +1.3%	1,217
Real Estate	924 -9.9% share 22.6%	986 share 25.0%	—	852
Energy	918 +23.7% share 22.4%	852 +26.4% share 21.6%	674 +10.1%	612
Credit	463 +52.3% share 11.3%	423 +77.0% share 10.7%	239 +73.2%	138
Private Equity	413 +33.2% share 10.1%	392 +21.7% share 9.9%	322 -0.3%	323
Sales mix
Management Service	3,511 +9.2% share 85.7%	3,384 +14.4% share 85.8%	2,957 +6.9%	2,766
Incentive Fees	585 -1.2% share 14.3%	560 +32.1% share 14.2%	424 +12.8%	376

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Investment Advice (SIC 6282)
Listed as: BAM (NYSE)
Fiscal year ends: December 31
Incorporated in: British Columbia, Canada
Headquarters: New York, NY
SEC filer status: Large accelerated filer
SEC CIK: 1937926

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.