Brookfield Renewable Corporation (BEPC) Income Statement
BEPC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBEPC revenue and net income
Where BEPC's revenue goes
2025Each bar shows an amount and its share of revenue. BEPC kept −62.9% of revenue as net income.
BEPC profit margins
BEPC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −10.0% | −0.4% | +3.2% | — |
| Gross profit | −6.0% | −5.0% | +1.0% | — |
| Operating income | +110.8% | +19.4% | +1.5% | — |
| Net income | −1,093.2% | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BEPC quarterly EPS vs estimates
Brookfield Renewable beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 4, 2026 (estimate $-0.90).
BEPC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.73B | $4.14B | $3.97B | $3.78B | $3.43B | $3.19B | $4.28B | $2.98B | $2.04B | $1.03B |
| Cost of revenue | $1.50B | $1.77B | $1.47B | $1.17B | $1.19B | $1.06B | $2.50B | $1.05B | $832.0M | $523.0M |
| Gross profit | $2.23B | $2.38B | $2.50B | $2.60B | $2.24B | $2.12B | $1.78B | $1.93B | $1.20B | $508.0M |
| Sales, general & admin | $110.0M | $106.0M | $88.0M | $169.0M | $175.0M | $152.0M | $109.0M | $71.0M | $60.0M | $19.0M |
| Total operating expenses | $110.0M | $1.37B | $1.44B | $1.36B | $175.0M | $152.0M | $350.3M | $933.0M | $619.0M | $248.0M |
| Operating income | $2.12B | $1.01B | $1.06B | $1.25B | $2.07B | $1.97B | $1.43B | $430.0M | $624.0M | $248.0M |
| Interest income | $137.0M | $101.0M | $87.0M | $32.0M | $20.0M | — | — | — | — | — |
| Interest expense | $1.67B | $1.67B | $1.26B | $1.03B | $900.0M | $816.0M | $701.0M | $670.0M | $438.0M | $176.0M |
| Income before taxes | −$2.36B | $600.0M | $381.0M | $1.97B | $1.02B | −$2.75B | $370.2M | $266.0M | $177.0M | $84.0M |
| Income taxes | −$13.0M | $167.0M | $73.0M | $118.0M | $87.0M | $73.0M | $88.9M | −$312.0M | $114.0M | $17.0M |
| Net income | −$2.34B | $236.0M | −$181.0M | $1.50B | $946.0M | −$2.74B | $218.9M | $72.0M | −$6.0M | −$16.0M |
| EBITDA | $556.0M | $3.53B | $2.98B | $4.58B | $2.07B | $1.97B | $2.59B | $1.64B | $1.52B | $489.0M |
| EPS (diluted) | $998.20 | −$0.53 | −$0.31 | −$0.56 | −$0.11 | −$18.78 | $0.24 | $0.24 | — | — |
| Gross margin | 59.9% | 57.3% | 63.0% | 68.9% | 65.4% | 66.7% | 41.7% | 64.7% | 59.1% | 49.3% |
| Operating margin | 56.9% | 24.3% | 26.7% | 33.0% | 60.3% | 61.9% | 33.5% | 14.4% | 30.7% | 24.1% |
| Net margin | −62.9% | 5.7% | −4.6% | 39.8% | 27.6% | −85.9% | 5.1% | 2.4% | −0.3% | −1.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.08B | $1.21B | $938.0M | $931.0M | $952.0M | $907.0M | $987.0M | $1.04B | $989.0M | $1.12B | $919.0M | $1.03B |
| Cost of revenue | $453.0M | $972.5M | $404.0M | $370.0M | $353.0M | $368.0M | $457.0M | $407.0M | $419.0M | $829.0M | $466.0M | $388.0M |
| Gross profit | $623.0M | $238.7M | $534.0M | $561.0M | $599.0M | $539.0M | $530.0M | $634.0M | $570.0M | $296.0M | $453.0M | $641.0M |
| Sales, general & admin | — | — | $35.0M | $26.0M | — | $23.0M | $35.0M | $28.0M | $22.0M | $21.0M | $6.0M | $26.0M |
| Total operating expenses | $346.0M | $63.1M | −$904.0M | $339.0M | $345.0M | $330.0M | $327.0M | $341.0M | $334.0M | $21.0M | $6.0M | $26.0M |
| Operating income | $277.0M | $175.6M | $1.44B | $222.0M | $254.0M | $209.0M | $203.0M | $293.0M | $236.0M | $275.0M | $447.0M | $615.0M |
| Interest expense | $387.0M | $511.6M | $436.0M | $548.2M | $588.2M | $413.0M | $635.0M | $328.0M | $341.0M | $363.0M | $329.0M | $308.0M |
| Income before taxes | −$748.0M | −$3.19B | −$676.0M | −$234.0M | −$1.45B | $2.0M | $1.05B | −$637.0M | −$333.0M | $524.0M | −$467.0M | $1.40B |
| Income taxes | $37.0M | −$28.8M | −$10.0M | −$9.0M | −$1.0M | $7.0M | $101.0M | $27.0M | $6.0M | $33.0M | $35.0M | $27.0M |
| Net income | −$790.0M | −$3.00B | −$706.0M | −$233.0M | −$1.41B | $5.0M | $761.0M | −$674.0M | −$342.0M | $491.0M | −$747.0M | $1.34B |
| EBITDA | −$60.0M | −$2.27B | $61.0M | $627.2M | −$704.0M | $722.0M | $1.97B | $4.0M | $320.0M | $961.0M | $459.0M | $615.0M |
| EPS (diluted) | −$0.37 | −$0.40 | −$0.33 | $999.00 | −$0.17 | −$0.30 | −$0.26 | −$0.11 | −$0.12 | −$0.04 | $0.02 | −$0.14 |
| Gross margin | 57.9% | 19.7% | 56.9% | 60.3% | 62.9% | 59.4% | 53.7% | 60.9% | 57.6% | 26.3% | 49.3% | 62.3% |
| Operating margin | 25.7% | 14.5% | 153.3% | 23.8% | 26.7% | 23.0% | 20.6% | 28.1% | 23.9% | 24.4% | 48.6% | 59.8% |
| Net margin | −73.4% | −247.6% | −75.3% | −25.0% | −148.1% | 0.6% | 77.1% | −64.7% | −34.6% | 43.6% | −81.3% | 130.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BEPC's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BEPC financial results
In fiscal year 2025 (ended December 31, 2025), Brookfield Renewable reported revenue of $3.7 billion, down 10.0% from the year before. It had a net loss of $2.3 billion, a net profit margin of −62.9%. Diluted earnings per share came to $998.20. Over five years revenue grew at an average rate of 3.2% a year.
See the BEPC stock overview for the latest quote and news, or the BEPC chart for price history and technical indicators.
BEPC income statement FAQ
What is Brookfield Renewable's annual revenue?
Brookfield Renewable reported total revenue of $3.7 billion for fiscal year 2025, which ended on December 31, 2025. That was down 10.0% from $4.1 billion the previous year.
Is Brookfield Renewable profitable?
No. Brookfield Renewable reported a net loss of $2.3 billion in fiscal 2025, a net profit margin of −62.9%; its operating margin was 56.9%.
What is Brookfield Renewable's gross margin?
Brookfield Renewable's gross margin was 59.9% in fiscal 2025: for every $100 of revenue, Brookfield Renewable kept $60 after the direct cost of its products and services.
How fast is Brookfield Renewable growing?
Revenue grew 3.2% a year on average over the last five fiscal years, from $3.2 billion to $3.7 billion.
What are Brookfield Renewable's earnings per share?
Brookfield Renewable earned $998.20 per diluted share in fiscal 2025, compared with $-0.53 a year earlier.
When will Brookfield Renewable report its next earnings?
Brookfield Renewable is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Brookfield Renewable's fiscal year end?
Brookfield Renewable's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.