Brookfield Renewable Corporation
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|---|
| Total Revenue | 938.0M | 931.0M | 952.0M | 907.0M | 987.0M | 1.0B | -- |
| Operating Revenue | 938.0M | 931.0M | 952.0M | 907.0M | 987.0M | 1.0B | -- |
| Cost Of Revenue | 404.0M | 370.0M | 353.0M | 368.0M | 457.0M | 407.0M | -- |
| Gross Profit | 534.0M | 561.0M | 599.0M | 539.0M | 530.0M | 634.0M | -- |
| Depreciation And Amortization In Income Statement | 301.0M | 313.0M | 319.0M | 307.0M | 292.0M | 313.0M | -- |
| Other Operating Expenses | 35.0M | 26.0M | 26.0M | 23.0M | 35.0M | 28.0M | -- |
| Operating Expense | 336.0M | 339.0M | 345.0M | 330.0M | 327.0M | 341.0M | -- |
| Operating Income | 198.0M | 222.0M | 254.0M | 209.0M | 203.0M | 293.0M | -- |
| EBIT | -240.0M | 164.0M | -1.0B | 415.0M | 1.7B | -309.0M | -- |
| Interest Expense | 436.0M | 398.0M | 425.0M | 413.0M | 635.0M | 328.0M | -- |
| Interest Expense Non Operating | 436.0M | 398.0M | 425.0M | 413.0M | 635.0M | 328.0M | -- |
| Net Interest Income | -299.0M | -398.0M | -425.0M | -413.0M | -534.0M | -328.0M | -- |
| Other Income Expense | -575.0M | -58.0M | -1.3B | 206.0M | 1.4B | -602.0M | -- |
| Other Non Operating Income Expenses | -711.0M | -48.0M | -1.3B | 229.0M | 899.0M | -614.0M | -- |
| Gain On Sale Of Security | 143.0M | -5.0M | -26.0M | -21.0M | 160.0M | 12.0M | -- |
| Earnings From Equity Interest | -2.0M | -5.0M | 1.0M | -2.0M | -2.0M | 0.00 | -- |
| Pretax Income | -676.0M | -234.0M | -1.4B | 2.0M | 1.0B | -637.0M | -- |
| Tax Provision | -10.0M | -9.0M | -1.0M | 7.0M | 101.0M | 27.0M | -- |
| Tax Effect Of Unusual Items | 2.0M | -190,000 | -26,000 | -4.4M | 46.3M | 2.5M | -- |
| Net Income From Continuing And Discontinued Operation | -706.0M | -233.0M | -1.4B | 5.0M | 761.0M | -674.0M | -- |
| Net Income From Continuing Operation Net Minority Interest | -706.0M | -233.0M | -1.4B | 5.0M | 761.0M | -674.0M | -- |
| Net Income Including Noncontrolling Interests | -666.0M | -225.0M | -1.4B | -5.0M | 945.0M | -664.0M | -- |
| Minority Interests | -40.0M | -8.0M | 37.0M | 10.0M | -184.0M | -10.0M | -- |
| Net Income Common Stockholders | -706.0M | -233.0M | -1.4B | 5.0M | 761.0M | -674.0M | -- |
| Net Income | -706.0M | -233.0M | -1.4B | 5.0M | 761.0M | -674.0M | -- |
| EBITDA | 61.0M | 477.0M | -704.0M | 722.0M | 2.0B | 4.0M | -- |
| Normalized EBITDA | -77.0M | 482.0M | -678.0M | 743.0M | 1.5B | -8.0M | -- |
| Reconciled Depreciation | 301.0M | 313.0M | 319.0M | 307.0M | 292.0M | 313.0M | -- |
| Basic EPS | -3.93 | -- | -7.85 | 0.03 | 4.24 | -3.75 | -- |
| Diluted EPS | -3.93 | -- | -7.85 | 0.03 | 4.24 | -3.75 | -- |
| Basic Average Shares | 179.6M | -- | 179.6M | 179.6M | 179.6M | 179.6M | -- |
| Diluted Average Shares | 179.6M | -- | 179.6M | 179.6M | 179.6M | 179.6M | -- |
| Total Unusual Items | 138.0M | -5.0M | -26.0M | -21.0M | 480.0M | 12.0M | -- |
| Total Unusual Items Excluding Goodwill | 138.0M | -5.0M | -26.0M | -21.0M | 480.0M | 12.0M | -- |
| Tax Rate For Calcs | 0.01 | 0.04 | 0.00 | 0.21 | 0.10 | 0.21 | -- |
| Normalized Income | -842.0M | -228.2M | -1.4B | 21.6M | 327.3M | -683.5M | -- |
| Depreciation Amortization Depletion Income Statement | 301.0M | 313.0M | 319.0M | 307.0M | 292.0M | 313.0M | -- |
| Depreciation Income Statement | 301.0M | 313.0M | 319.0M | 307.0M | 292.0M | 313.0M | -- |
| Diluted NI Availto Com Stockholders | -706.0M | -233.0M | -1.4B | 5.0M | 761.0M | -674.0M | -- |
| Net Income Continuous Operations | -666.0M | -225.0M | -1.4B | -5.0M | 945.0M | -664.0M | -- |
| Net Non Operating Interest Income Expense | -299.0M | -398.0M | -425.0M | -413.0M | -534.0M | -328.0M | -- |
| Reconciled Cost Of Revenue | 404.0M | 370.0M | 353.0M | 368.0M | 457.0M | 407.0M | -- |
| Total Expenses | 740.0M | 709.0M | 698.0M | 698.0M | 784.0M | 748.0M | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 637.0M | 522.0M | 523.0M | 376.0M | 392.0M | 330.0M | -- |
| Cash Cash Equivalents And Short Term Investments | 637.0M | 522.0M | 523.0M | 483.0M | 392.0M | 495.0M | -- |
| Cash Equivalents | 261.0M | 199.0M | 198.0M | 50.0M | 107.0M | 48.0M | -- |
| Cash Financial | 376.0M | 323.0M | 325.0M | 326.0M | 285.0M | 282.0M | -- |
| Other Short Term Investments | -- | -- | -- | 107.0M | -- | 165.0M | -- |
| Accounts Receivable | 532.0M | 518.0M | 525.0M | 479.0M | 462.0M | 517.0M | -- |
| Receivables | 2.3B | 3.5B | 2.7B | 1.8B | 2.0B | 2.0B | -- |
| Inventory | 32.0M | 51.0M | 49.0M | 38.0M | 35.0M | 30.0M | -- |
| Prepaid Assets | 60.0M | 88.0M | 93.0M | 25.0M | 88.0M | -- | -- |
| Other Current Assets | 56.0M | 53.0M | 53.0M | 59.0M | 50.0M | 70.0M | -- |
| Current Assets | 3.9B | 5.9B | 3.7B | 2.8B | 3.1B | 4.4B | -- |
| Gross PPE | 56.3B | 38.9B | 40.1B | 39.7B | 55.5B | 36.7B | -- |
| Accumulated Depreciation | -16.6B | -- | -- | -- | -16.8B | -- | -- |
| Net PPE | 39.7B | 38.9B | 40.1B | 39.7B | 38.7B | 36.7B | -- |
| Goodwill | 809.0M | 783.0M | 755.0M | 727.0M | 692.0M | 734.0M | -- |
| Goodwill And Other Intangible Assets | 809.0M | 783.0M | 755.0M | 727.0M | 692.0M | 734.0M | -- |
| Other Intangible Assets | -- | -- | -- | -- | 5.0M | -- | -- |
| Investments And Advances | 1.0B | 966.0M | 816.0M | 1.5B | 753.0M | 759.0M | -- |
| Long Term Equity Investment | 1.0B | 966.0M | 816.0M | 774.0M | 753.0M | 631.0M | -- |
| Other Non Current Assets | 108.0M | 177.0M | 160.0M | 153.0M | 69.0M | 142.0M | -- |
| Total Non Current Assets | 42.3B | 41.4B | 42.3B | 42.2B | 41.0B | 38.4B | -- |
| Total Assets | 46.3B | 47.3B | 46.0B | 45.0B | 44.1B | 42.9B | -- |
| Current Debt | 2.8B | 1.9B | 1.6B | 1.3B | 1.3B | 1.2B | -- |
| Current Debt And Capital Lease Obligation | 2.8B | 1.9B | 1.6B | 1.4B | 1.3B | 1.2B | -- |
| Accounts Payable | 338.0M | 359.0M | 134.0M | 137.0M | 172.0M | 215.0M | -- |
| Payables | 1.5B | 1.9B | 1.7B | 749.0M | 783.0M | 787.0M | -- |
| Payables And Accrued Expenses | 1.8B | 2.2B | 2.0B | 1.1B | 1.1B | 1.1B | -- |
| Current Accrued Expenses | 301.0M | 265.0M | 340.0M | 360.0M | 307.0M | 330.0M | -- |
| Other Current Liabilities | 10.9B | 11.0B | 10.1B | 8.8B | 8.8B | 6.4B | -- |
| Current Liabilities | 15.5B | 15.1B | 13.7B | 11.2B | 11.3B | 8.7B | -- |
| Long Term Debt | 12.5B | 12.8B | 12.8B | 12.8B | 12.5B | 12.6B | -- |
| Long Term Debt And Capital Lease Obligation | 12.8B | 12.8B | 12.8B | 12.8B | 12.8B | 12.6B | -- |
| Long Term Capital Lease Obligation | 271.0M | -- | -- | -- | 293.0M | -- | -- |
| Other Non Current Liabilities | 120.0M | 432.0M | 469.0M | 840.0M | 77.0M | 811.0M | -- |
| Total Non Current Liabilities Net Minority Interest | 21.6B | 21.7B | 21.6B | 21.3B | 20.8B | 20.0B | -- |
| Total Liabilities Net Minority Interest | 37.0B | 36.8B | 35.3B | 32.5B | 32.0B | 28.7B | -- |
| Common Stock Equity | -406.0M | -212.0M | 116.0M | 1.4B | 1.3B | 4.9B | -- |
| Stockholders Equity | -406.0M | -212.0M | 116.0M | 1.4B | 1.3B | 4.9B | -- |
| Total Equity Gross Minority Interest | 9.2B | 10.5B | 10.8B | 12.4B | 12.1B | 14.2B | -- |
| Minority Interest | 9.6B | 10.7B | 10.6B | 11.0B | 10.8B | 9.3B | -- |
| Total Capitalization | 12.1B | 12.6B | 12.9B | 14.2B | 13.8B | 17.5B | -- |
| Net Tangible Assets | -1.2B | -995.0M | -639.0M | 709.0M | 649.0M | 4.1B | -- |
| Tangible Book Value | -1.2B | -995.0M | -639.0M | 709.0M | 649.0M | 4.1B | -- |
| Working Capital | -11.5B | -9.2B | -10.0B | -8.4B | -8.1B | -4.2B | -- |
| Invested Capital | 14.9B | 14.5B | 14.5B | 15.5B | 15.1B | 18.6B | -- |
| Total Debt | 15.6B | 14.7B | 14.4B | 14.1B | 14.1B | 13.8B | -- |
| Net Debt | 14.6B | 14.2B | 13.8B | 13.7B | 13.4B | 13.4B | -- |
| Share Issued | 179.6M | 179.6M | 179.6M | 179.6M | 179.6M | 179.6M | -- |
| Ordinary Shares Number | 179.6M | 179.6M | 179.6M | 179.6M | 179.6M | 179.6M | -- |
| Assets Held For Sale Current | 466.0M | 1.4B | 14.0M | 13.0M | 12.0M | 1.4B | -- |
| Capital Lease Obligations | 300.0M | 22.0M | 27.0M | 27.0M | 318.0M | 25.0M | -- |
| Construction In Progress | 1.9B | 1.5B | 1.5B | 1.5B | 1.4B | 1.3B | -- |
| Current Capital Lease Obligation | 29.0M | 22.0M | 27.0M | 27.0M | 25.0M | 25.0M | -- |
| Current Provisions | 7.0M | 6.0M | 7.0M | 7.0M | 13.0M | 15.0M | -- |
| Derivative Product Liabilities | 474.0M | 579.0M | 471.0M | -- | 408.0M | -- | -- |
| Dividends Payable | 17.0M | 17.0M | 17.0M | 17.0M | 17.0M | 16.0M | -- |
| Duefrom Related Parties Current | 1.6B | 2.9B | 2.1B | 1.2B | 1.4B | 1.3B | -- |
| Duefrom Related Parties Non Current | -- | -- | -- | -- | 9.0M | -- | -- |
| Dueto Related Parties Current | 1.0B | 1.5B | 1.4B | 521.0M | 544.0M | 514.0M | -- |
| Dueto Related Parties Non Current | 485.0M | 541.0M | 548.0M | 535.0M | 541.0M | 672.0M | -- |
| Employee Benefits | 52.0M | -- | -- | -- | 46.0M | -- | -- |
| Financial Assets | 435.0M | 401.0M | 419.0M | -- | 684.0M | -- | -- |
| Hedging Assets Current | 157.0M | 82.0M | 92.0M | -- | 102.0M | -- | 132.0M |
| Income Tax Payable | 23.0M | 12.0M | 11.0M | 23.0M | 9.0M | 8.0M | -- |
| Interest Payable | 113.0M | 131.0M | 107.0M | 118.0M | 89.0M | 126.0M | -- |
| Investmentin Financial Assets | -- | -- | -- | 714.0M | -- | 128.0M | 244.0M |
| Long Term Provisions | 349.0M | 346.0M | 441.0M | 441.0M | 416.0M | 470.0M | -- |
| Non Current Accounts Receivable | 80.0M | -- | -- | -- | 65.0M | -- | -- |
| Non Current Deferred Assets | 179.0M | 145.0M | 87.0M | 62.0M | 56.0M | 116.0M | -- |
| Non Current Deferred Liabilities | 7.3B | 7.0B | 6.8B | 6.7B | 6.5B | 5.4B | -- |
| Non Current Deferred Taxes Assets | 179.0M | 145.0M | 87.0M | 62.0M | 56.0M | 116.0M | -- |
| Non Current Deferred Taxes Liabilities | 7.3B | 7.0B | 6.8B | 6.7B | 6.5B | 5.4B | -- |
| Other Current Borrowings | 2.8B | 1.9B | 1.6B | 1.3B | 1.3B | 1.2B | -- |
| Other Equity Interest | -406.0M | -212.0M | 116.0M | 1.4B | 1.3B | 4.9B | -- |
| Other Payable | 69.0M | 59.0M | 57.0M | 51.0M | 41.0M | 34.0M | -- |
| Other Properties | 126.0M | 152.0M | 174.0M | 183.0M | 284.0M | 66.0M | -- |
| Other Receivables | 94.0M | 67.0M | 65.0M | 82.0M | 65.0M | 118.0M | -- |
| Restricted Cash | 216.0M | 163.0M | 193.0M | 391.0M | 467.0M | 486.0M | -- |
| Taxes Receivable | 68.0M | 65.0M | 41.0M | 36.0M | 37.0M | 20.0M | -- |
| Total Tax Payable | 23.0M | 12.0M | 11.0M | 23.0M | 9.0M | 8.0M | -- |
| Tradeand Other Payables Non Current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -6.0M | 259.0M | 139.0M | 110.0M | -156.0M | 308.0M | -- |
| Cash Flow From Continuing Operating Activities | -6.0M | 259.0M | 139.0M | 110.0M | -156.0M | 308.0M | -- |
| Depreciation And Amortization | 301.0M | 313.0M | 319.0M | 307.0M | 292.0M | 313.0M | -- |
| Depreciation Amortization Depletion | 301.0M | 313.0M | 319.0M | 307.0M | 292.0M | 313.0M | -- |
| Deferred Tax | -74.0M | -16.0M | -13.0M | -29.0M | 64.0M | -7.0M | -- |
| Deferred Income Tax | -74.0M | -16.0M | -13.0M | -29.0M | 64.0M | -7.0M | -- |
| Change In Working Capital | -105.0M | 60.0M | -9.0M | 5.0M | -79.0M | 36.0M | -- |
| Change In Other Working Capital | -100.0M | 60.0M | -9.0M | 5.0M | 41.0M | 36.0M | -- |
| Other Non Cash Items | 640.0M | 120.0M | 1.3B | -172.0M | -1.3B | 665.0M | -- |
| Capital Expenditure | -348.0M | -240.0M | -302.0M | -248.0M | -311.0M | -162.0M | -- |
| Purchase Of PPE | -348.0M | -240.0M | -302.0M | -248.0M | -311.0M | -162.0M | -- |
| Net PPE Purchase And Sale | -348.0M | -240.0M | -302.0M | -248.0M | -311.0M | -162.0M | -- |
| Purchase Of Business | -29.0M | -83.0M | -21.0M | -20.0M | -110.0M | 0.00 | -- |
| Sale Of Business | -- | -- | -- | -- | -- | 86.0M | 191.0M |
| Sale Of Investment | 0.00 | 0.00 | 314.0M | -- | 0.00 | 86.0M | 86.0M |
| Net Investment Purchase And Sale | 0.00 | 0.00 | 314.0M | -- | -575.0M | 86.0M | 86.0M |
| Investing Cash Flow | 56.0M | -344.0M | -36.0M | -252.0M | -125.0M | -118.0M | -- |
| Cash Flow From Continuing Investing Activities | 56.0M | -344.0M | -36.0M | -252.0M | -125.0M | -118.0M | -- |
| Issuance Of Debt | 2.0B | 1.0B | 756.0M | 804.0M | 1.5B | 938.0M | -- |
| Repayment Of Debt | -722.0M | -959.0M | -683.0M | -652.0M | -1.1B | -1.1B | -- |
| Net Issuance Payments Of Debt | 1.3B | 79.0M | 73.0M | 152.0M | 397.0M | -160.0M | -- |
| Issuance Of Capital Stock | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Net Common Stock Issuance | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 62.0M | 109.0M | -179.0M | 104.0M | 303.0M | -166.0M | -- |
| Cash Flow From Continuing Financing Activities | 62.0M | 109.0M | -179.0M | 104.0M | 303.0M | -166.0M | -- |
| Effect Of Exchange Rate Changes | -6.0M | 4.0M | 19.0M | 27.0M | -46.0M | 8.0M | -- |
| Changes In Cash | 112.0M | 24.0M | -76.0M | -38.0M | 22.0M | 24.0M | -- |
| Beginning Cash Position | 559.0M | 556.0M | 614.0M | 624.0M | 619.0M | 614.0M | -- |
| End Cash Position | 682.0M | 559.0M | 556.0M | 614.0M | 624.0M | 619.0M | -- |
| Free Cash Flow | -354.0M | 19.0M | -163.0M | -138.0M | -467.0M | 146.0M | -- |
| Income Tax Paid Supplemental Data | 51.0M | 22.0M | 28.0M | 15.0M | 27.0M | 19.0M | -- |
| Interest Paid Supplemental Data | 444.0M | 355.0M | 487.0M | 244.0M | 652.0M | 319.0M | -- |
| Cash Dividends Paid | 0.00 | 0.00 | -5.0M | -- | -- | -- | 0.00 |
| Common Stock Issuance | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Depreciation | 301.0M | 313.0M | 319.0M | 307.0M | 292.0M | 313.0M | -- |
| Dividend Received Cfo | 4.0M | 2.0M | 1.0M | -- | 63.0M | 4.0M | 7.0M |
| Earnings Losses From Equity Investments | 2.0M | 5.0M | -1.0M | 2.0M | 2.0M | 0.00 | -- |
| Gain Loss On Investment Securities | -- | -- | -- | 2.0M | -- | -- | -- |
| Long Term Debt Issuance | 2.0B | 1.0B | 756.0M | 804.0M | 1.5B | 938.0M | -- |
| Long Term Debt Payments | -722.0M | -959.0M | -683.0M | -652.0M | -1.1B | -1.1B | -- |
| Net Business Purchase And Sale | -29.0M | -83.0M | -21.0M | -20.0M | -110.0M | 0.00 | -- |
| Net Foreign Currency Exchange Gain Loss | -- | -- | -- | 2.0M | -- | -39.0M | -38.0M |
| Net Income From Continuing Operations | -666.0M | -225.0M | -1.4B | -5.0M | 945.0M | -664.0M | -- |
| Net Long Term Debt Issuance | 1.3B | 79.0M | 73.0M | 152.0M | 397.0M | -160.0M | -- |
| Net Other Financing Charges | -1.3B | 30.0M | -247.0M | -48.0M | -94.0M | -6.0M | -- |
| Net Other Investing Changes | 433.0M | -21.0M | -27.0M | 16.0M | 871.0M | -42.0M | -- |
| Operating Gains Losses | 2.0M | 5.0M | -1.0M | 4.0M | 2.0M | -39.0M | -- |
| Other Cash Adjustment Outside Changein Cash | 17.0M | -25.0M | -1.0M | 1.0M | 29.0M | -27.0M | -- |
| Unrealized Gain Loss On Investment Securities | -108.0M | 0.00 | 7.0M | 2.0M | -160.0M | -39.0M | -- |