Brookfield Wealth Solutions Ltd. (BNT) Income Statement
BNT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBNT revenue and net income
Where BNT's revenue goes
2025Each bar shows an amount and its share of revenue. BNT kept 6.6% of revenue as net income.
BNT profit margins
BNT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −17.4% | +39.4% | +87.3% | — |
| Gross profit | +148.1% | +125.4% | +290.6% | — |
| Operating income | −18.9% | +22.7% | +245.5% | — |
| Net income | −35.8% | +16.0% | +278.8% | — |
| EPS (diluted) | −62.3% | −52.0% | +68.9% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BNT quarterly EPS vs estimates
Brookfield Wealth Solutions beat the analyst EPS estimate in 6 of the last 6 quarters. Next report: November 12, 2026.
BNT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.84B | $14.34B | $6.95B | $4.37B | $1.03B | $514.0M | $382.0M | $160.9M |
| Cost of revenue | $4.57B | $11.41B | $5.87B | $3.73B | $1.12B | $506.0M | $0 | $0 |
| Gross profit | $7.27B | $2.93B | $1.08B | $635.0M | −$85.0M | $8.0M | $382.0M | $160.9M |
| Sales, general & admin | — | — | — | $333.0M | $31.0M | $6.0M | $6.0M | $4.2M |
| Total operating expenses | $6.29B | $1.72B | $271.0M | $103.0M | $28.0M | $6.0M | $376.0M | $161.4M |
| Operating income | $983.9M | $1.21B | $814.0M | $532.0M | −$113.0M | $2.0M | $6.0M | −$507,000 |
| Interest income | — | — | — | $715.0M | $69.0M | $30.0M | — | — |
| Interest expense | $385.6M | $362.0M | $249.0M | $104.0M | $1.0M | $0 | — | $111,000 |
| Income before taxes | $983.9M | $1.21B | $814.0M | $532.0M | −$113.0M | $2.0M | $6.0M | −$507,000 |
| Income taxes | $105.8M | −$34.0M | $17.0M | $31.0M | −$1.0M | $1.0M | — | — |
| Net income | $779.4M | $1.21B | $796.0M | $499.0M | −$112.0M | $1.0M | $6.0M | −$507,000 |
| EBITDA | $1.59B | $1.78B | $1.11B | $649.0M | −$112.0M | $2.0M | $6.2M | −$278,000 |
| EPS (diluted) | $0.55 | $1.46 | $1.37 | $4.97 | −$4.17 | $0.04 | — | — |
| Gross margin | 61.4% | 20.4% | 15.6% | 14.5% | −8.2% | 1.6% | 100.0% | 100.0% |
| Operating margin | 8.3% | 8.5% | 11.7% | 12.2% | −10.9% | 0.4% | 1.6% | −0.3% |
| Net margin | 6.6% | 8.5% | 11.4% | 11.4% | −10.8% | 0.2% | 1.6% | −0.3% |
| 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 | $4.11B | $1.63B | $3.10B | $3.11B | $2.91B | $2.42B | $5.98B | $2.75B | $2.92B | $2.53B | $2.33B | $1.53B |
| Cost of revenue | $0 | $645.9M | $1.58B | $1.97B | $1.89B | $2.33B | $4.63B | $2.37B | $2.39B | $2.01B | $0 | $1.39B |
| Gross profit | $4.11B | $987.1M | $1.52B | $1.14B | $1.01B | $86.0M | $1.35B | $384.0M | $527.0M | $516.0M | $2.33B | $148.0M |
| Total operating expenses | $3.93B | $1.62B | $1.55B | $384.0M | $405.0M | $455.0M | $428.0M | $429.0M | $556.0M | $154.0M | $1.85B | $81.0M |
| Operating income | $179.3M | −$633.1M | −$28.4M | $757.0M | $607.0M | −$369.0M | $925.0M | −$45.0M | −$29.0M | $362.0M | $478.0M | $67.0M |
| Interest expense | $150.1M | $92.7M | $118.6M | $112.0M | $82.0M | $73.0M | $96.0M | $99.0M | $95.0M | $72.0M | $318.0M | $61.0M |
| Income before taxes | $179.3M | −$633.1M | −$28.4M | $757.0M | $607.0M | −$369.0M | $925.0M | −$45.0M | −$29.0M | $362.0M | $478.0M | $67.0M |
| Income taxes | $34.1M | −$39.4M | −$49.8M | $149.0M | $91.0M | −$87.0M | $349.0M | −$110.0M | −$298.0M | $25.0M | $25.0M | −$10.0M |
| Net income | $139.4M | −$600.6M | $8.1M | $583.0M | $501.0M | −$326.0M | $563.0M | $52.0M | $264.0M | $335.0M | $455.0M | $76.0M |
| EBITDA | $378.4M | −$484.4M | $148.3M | $917.0M | $732.0M | −$232.0M | $1.07B | $117.0M | $123.0M | $470.0M | $818.0M | $139.0M |
| EPS (diluted) | $0.07 | — | $0.00 | $0.06 | $0.09 | $0.40 | $0.40 | $0.38 | $0.34 | $0.34 | $0.36 | $0.35 |
| Gross margin | 100.0% | 60.4% | 49.0% | 36.7% | 34.8% | 3.6% | 22.6% | 14.0% | 18.1% | 20.4% | 100.0% | 9.6% |
| Operating margin | 4.4% | −38.8% | −0.9% | 24.3% | 20.9% | −15.3% | 15.5% | −1.6% | −1.0% | 14.3% | 20.5% | 4.4% |
| Net margin | 3.4% | −36.8% | 0.3% | 18.7% | 17.2% | −13.5% | 9.4% | 1.9% | 9.1% | 13.2% | 19.6% | 5.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BNT's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BNT financial results
In fiscal year 2025 (ended December 31, 2025), Brookfield Wealth Solutions reported revenue of $11.8 billion, down 17.4% from the year before. It had net income of $779.4 million (down 35.8%), a net profit margin of 6.6%. Diluted earnings per share came to $0.55. Over five years revenue grew at an average rate of 87.3% a year.
See the BNT stock overview for the latest quote and news, or the BNT chart for price history and technical indicators.
BNT income statement FAQ
What is Brookfield Wealth Solutions's annual revenue?
Brookfield Wealth Solutions reported total revenue of $11.8 billion for fiscal year 2025, which ended on December 31, 2025. That was down 17.4% from $14.3 billion the previous year.
Is Brookfield Wealth Solutions profitable?
Yes. Brookfield Wealth Solutions reported net income of $779.4 million in fiscal 2025, a net profit margin of 6.6%; its operating margin was 8.3%.
What is Brookfield Wealth Solutions's gross margin?
Brookfield Wealth Solutions's gross margin was 61.4% in fiscal 2025: for every $100 of revenue, Brookfield Wealth Solutions kept $61 after the direct cost of its products and services.
How fast is Brookfield Wealth Solutions growing?
Revenue grew 87.3% a year on average over the last five fiscal years, from $514.0 million to $11.8 billion.
What are Brookfield Wealth Solutions's earnings per share?
Brookfield Wealth Solutions earned $0.55 per diluted share in fiscal 2025, compared with $1.46 a year earlier.
When will Brookfield Wealth Solutions report its next earnings?
Brookfield Wealth Solutions is expected to report results for the quarter ending September 30, 2026 on November 12, 2026 before the market opens.
When does Brookfield Wealth Solutions's fiscal year end?
Brookfield Wealth Solutions's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.