Brookfield Corporation Reports 15% Increase in Earnings

Completed Acquisitions of Oaktree and Just Group While Continuing Share Repurchases

BROOKFIELD, NEWS, Aug. 13, 2026 (GLOBE NEWSWIRE) — Brookfield Corporation (NYSE: BN, TSX: BN) announced strong financial results for the quarter ended June 30, 2026.

Nick Goodman, President of Brookfield Corporation, said, “Our business performed well in the second quarter, with continued momentum driving 15% growth in earnings per share. We were active through the first six months of the year—raising $98 billion of capital, deploying $100 billion into large-scale opportunities, and monetizing $40 billion of assets at attractive returns.”

He added, “We also advanced several strategic initiatives. We expanded our global insurance platform through the acquisition of Just Group in the U.K., completed the acquisition of Oaktree, and shareholders approved our simplification transaction. These initiatives set us up for our next phase of growth, and with over $200 billion of deployable capital we are well positioned to invest at scale in the opportunities ahead.”

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Distributable earnings (“DE”) before realizations per share increased by 15% and 7% over the prior periods.

Total consolidated net income was $703 million for the quarter and $3.7 billion for the last twelve months. Distributable earnings before realizations were $1.4 billion ($0.61/share) for the quarter and $5.7 billion ($2.39/share) for the last twelve months.

Asset Management delivered strong results, with fee-related earnings increasing by 20% compared to the prior year quarter. Strong fundraising across our flagship and complementary strategies, together with continued growth in credit, drove record inflows of $77 billion and increased fee-bearing capital to $672 billion at quarter end.

Wealth Solutions grew earnings by 23% compared to the prior year quarter, supported by strong organic inflows, growth in net investment income, and the first full-quarter contribution from Just Group.

Our operating businesses continued to perform well, generating resilient and stable cash flows supported by contracted, inflation-linked revenues and the long-term secular trends that continue to increase demand for their essential products and services.