How Brookfield Asset Management makes money

Period

FY2025

How does Brookfield Asset Management make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Brookfield Asset Management Inc · FY2025 · year ended 2025-12-31

Revenue$4.8BGross profit$4.8B · 100%Cost of revenue$0 · 0%Operating income$4.8B · 99%Operating expenses$56M · 1%SG&A$56M · 1%Pre-tax income$2.9B · 61%Other expense$1.8B · 38%Net income$2.4B · 50%Income tax$527M · 11%Management Service$3.4B · 70%Incentive Distributions$560M · 12%Incentive Fees$560M · 12%Other revenue$313M · 6%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.