Brookfield Wealth Solutions Ltd.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | -- | 14.3B | 7.0B | 4.4B | 1.0B |
| Operating Revenue | -- | 14.3B | 7.0B | 4.4B | 1.0B |
| Selling General And Administration | -- | -- | -- | 333.0M | 31.0M |
| General And Administrative Expense | -- | -- | -- | 333.0M | 31.0M |
| Depreciation And Amortization In Income Statement | -- | -- | -- | 13.0M | 0.00 |
| Other Operating Expenses | -- | 1.4B | 777.0M | 411.0M | 35.0M |
| EBIT | -- | 1.6B | 1.1B | 636.0M | -112.0M |
| Interest Expense | -- | 362.0M | 249.0M | 104.0M | 1.0M |
| Interest Expense Non Operating | -- | 362.0M | 249.0M | 104.0M | 1.0M |
| Interest Income | -- | -- | -- | 715.0M | 69.0M |
| Net Interest Income | -- | -362.0M | -249.0M | -104.0M | -1.0M |
| Other Income Expense | -- | 781.0M | 413.0M | 224.0M | -- |
| Pretax Income | -- | 1.2B | 814.0M | 532.0M | -113.0M |
| Tax Provision | -- | -34.0M | 17.0M | 31.0M | -1.0M |
| Tax Effect Of Unusual Items | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -- | 1.2B | 796.0M | 499.0M | -112.0M |
| Net Income From Continuing Operation Net Minority Interest | -- | 1.2B | 796.0M | 499.0M | -112.0M |
| Net Income Including Noncontrolling Interests | -- | 1.2B | 797.0M | 501.0M | -112.0M |
| Minority Interests | -- | -33.0M | -1.0M | -2.0M | 0.00 |
| Net Income Common Stockholders | -- | 1.1B | 675.0M | 425.0M | -98.0M |
| Net Income | -- | 1.2B | 796.0M | 499.0M | -112.0M |
| Reconciled Depreciation | -- | 206.0M | 50.0M | 13.0M | 0.00 |
| Basic EPS | 3.03 | 5.97 | 6.12 | 12.19 | -- |
| Diluted EPS | 3.03 | 5.97 | 6.12 | 12.19 | -- |
| Basic Average Shares | 247.9M | 201.1M | 130.1M | 40.9M | -- |
| Diluted Average Shares | 247.9M | 201.1M | 130.1M | 40.9M | -- |
| Tax Rate For Calcs | -- | 0.15 | 0.02 | 0.06 | 0.01 |
| Normalized Income | -- | 1.2B | 796.0M | 499.0M | -112.0M |
| Depreciation Income Statement | -- | -- | -- | 13.0M | -- |
| Diluted NI Availto Com Stockholders | -- | 1.1B | 675.0M | 425.0M | -98.0M |
| Loss Adjustment Expense | -- | 8.3B | 3.8B | 2.7B | 1.1B |
| Net Income Continuous Operations | -- | 1.2B | 797.0M | 501.0M | -112.0M |
| Net Non Operating Interest Income Expense | -- | -362.0M | -249.0M | -104.0M | -1.0M |
| Net Policyholder Benefits And Claims | -- | 8.3B | 3.8B | 2.7B | 1.1B |
| Other Gand A | -- | -- | -- | 143.0M | 21.0M |
| Otherunder Preferred Stock Dividend | -- | 14.0M | 5.0M | 6.0M | -14.0M |
| Policyholder Benefits Ceded | -- | 3.3B | 840.0M | 384.0M | -4.0M |
| Policyholder Benefits Gross | -- | 11.6B | 4.6B | 3.1B | 1.1B |
| Preferred Stock Dividends | -- | 105.0M | 116.0M | 68.0M | -- |
| Rent Expense Supplemental | -- | -- | -- | 24.0M | 0.00 |
| Salaries And Wages | -- | -- | -- | 190.0M | 10.0M |
| Total Expenses | -- | 13.1B | 6.1B | 3.8B | 1.1B |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | -- | 12.2B | 4.3B | 2.1B | 393.0M |
| Cash Cash Equivalents And Short Term Investments | -- | 29.0B | 26.2B | 5.0B | 393.0M |
| Other Short Term Investments | -- | 16.8B | 21.9B | 2.9B | -- |
| Accounts Receivable | -- | 1.2B | 1.1B | 483.0M | 0.00 |
| Receivables | -- | 1.2B | 1.1B | 483.0M | 10.0M |
| Prepaid Assets | -- | -- | -- | 201.0M | 0.00 |
| Net PPE | -- | 272.0M | 294.0M | 194.0M | 2.0M |
| Goodwill | -- | 783.0M | 121.0M | 121.0M | 0.00 |
| Goodwill And Other Intangible Assets | -- | 2.5B | 356.0M | 173.0M | 3.0M |
| Other Intangible Assets | -- | 1.7B | 235.0M | 52.0M | 3.0M |
| Investments And Advances | -- | 62.1B | 25.6B | 20.0B | 4.5B |
| Long Term Equity Investment | -- | -- | -- | 1.7B | 344.0M |
| Total Assets | -- | 140.0B | 61.6B | 43.5B | 11.5B |
| Current Debt | -- | 1.0B | 1.3B | 1.8B | -- |
| Current Debt And Capital Lease Obligation | -- | 1.0B | 1.3B | 1.8B | -- |
| Accounts Payable | -- | -- | -- | 151.0M | 132.0M |
| Payables | -- | 684.0M | 564.0M | 241.0M | 599.0M |
| Payables And Accrued Expenses | -- | 684.0M | 564.0M | 241.0M | 599.0M |
| Current Accrued Expenses | -- | -- | -- | 185.0M | 0.00 |
| Current Deferred Revenue | -- | -- | -- | 78.0M | 82.0M |
| Long Term Debt | -- | 3.5B | 2.5B | 2.0B | 693.0M |
| Long Term Debt And Capital Lease Obligation | -- | 3.5B | 2.5B | 2.0B | 693.0M |
| Total Liabilities Net Minority Interest | -- | 126.9B | 52.8B | 39.2B | 10.1B |
| Common Stock | -- | 10.0B | 5.2B | 1.9B | 1.4B |
| Capital Stock | -- | 10.0B | 7.9B | 4.5B | 1.4B |
| Retained Earnings | -- | 2.1B | 945.0M | 310.0M | -- |
| Gains Losses Not Affecting Retained Earnings | -- | 204.0M | -120.0M | -523.0M | -- |
| Other Equity Adjustments | -- | 204.0M | -120.0M | -523.0M | -- |
| Common Stock Equity | -- | 12.2B | 6.0B | 1.7B | 1.4B |
| Stockholders Equity | -- | 12.2B | 8.7B | 4.3B | 1.4B |
| Total Equity Gross Minority Interest | -- | 13.1B | 8.8B | 4.3B | 1.4B |
| Minority Interest | -- | 850.0M | 146.0M | 8.0M | 0.00 |
| Total Capitalization | -- | 15.8B | 11.2B | 6.2B | 2.1B |
| Net Tangible Assets | -- | 9.8B | 8.3B | 4.1B | 1.4B |
| Tangible Book Value | -- | 9.8B | 5.7B | 1.5B | 1.4B |
| Invested Capital | -- | 16.8B | 9.8B | 5.5B | 2.1B |
| Total Debt | -- | 4.5B | 3.7B | 3.8B | 693.0M |
| Net Debt | -- | -- | -- | 1.7B | 300.0M |
| Share Issued | -- | 201.1M | 130.1M | 40.9M | 23.5M |
| Ordinary Shares Number | -- | 201.1M | 130.1M | 40.9M | 23.5M |
| Current Deferred Liabilities | -- | -- | -- | 78.0M | 82.0M |
| Derivative Product Liabilities | -- | -- | -- | 38.0M | 1.0M |
| Employee Benefits | -- | -- | -- | 67.0M | 0.00 |
| Investments In Other Ventures Under Equity Method | -- | -- | -- | 1.7B | 344.0M |
| Loans Receivable | -- | 5.2B | 1.2B | 1.1B | 756.0M |
| Non Current Pension And Other Postretirement Benefit Plans | -- | -- | -- | 67.0M | 0.00 |
| Other Current Borrowings | -- | 1.0B | 1.3B | 1.8B | -- |
| Other Payable | -- | -- | -- | -- | 7.0M |
| Other Receivables | -- | -- | -- | -- | 12.0M |
| Preferred Securities Outside Stock Equity | -- | -- | -- | 2.5B | 0.00 |
| Preferred Stock | -- | 0.00 | 2.7B | 2.6B | -- |
| Preferred Stock Equity | -- | -- | 2.7B | 2.6B | -- |
| Taxes Receivable | -- | -- | -- | 34.0M | 0.00 |
| Treasury Shares Number | -- | 2.0M | -- | -- | -- |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | -- | 4.6B | 1.5B | 644.0M | 1.7B |
| Cash Flow From Continuing Operating Activities | -- | 4.6B | 1.5B | 644.0M | 1.7B |
| Depreciation And Amortization | -- | 206.0M | 50.0M | 13.0M | 0.00 |
| Deferred Tax | -- | -150.0M | 12.0M | 22.0M | -25.0M |
| Deferred Income Tax | -- | -150.0M | 12.0M | 22.0M | -25.0M |
| Change In Working Capital | -- | 3.3B | 1.6B | 496.0M | 1.9B |
| Changes In Account Receivables | -- | 1.2B | 186.0M | 50.0M | 22.0M |
| Change In Receivables | -- | 1.2B | 186.0M | 50.0M | 22.0M |
| Change In Payables And Accrued Expense | -- | -- | -- | -- | 75.0M |
| Change In Payable | -- | -- | -- | -- | 75.0M |
| Change In Other Working Capital | -- | 45.0M | -492.0M | 124.0M | 185.0M |
| Change In Other Current Liabilities | -- | -20.0M | -100.0M | -25.0M | 1.7B |
| Other Non Cash Items | -- | -1.0B | -579.0M | -380.0M | -222.0M |
| Capital Expenditure | -- | -40.0M | -135.0M | -24.0M | -1.0M |
| Net PPE Purchase And Sale | -- | -- | -- | 5.0M | 0.00 |
| Purchase Of Business | -- | 0.00 | -346.0M | -4.3B | 0.00 |
| Sale Of Business | -- | 10.8B | 72.0M | 0.00 | 0.00 |
| Purchase Of Investment | -- | -35.4B | -24.5B | -19.4B | -5.4B |
| Sale Of Investment | -- | 30.6B | 24.0B | 20.8B | 2.1B |
| Net Investment Purchase And Sale | -- | -4.7B | -413.0M | 1.4B | -3.3B |
| Investing Cash Flow | -- | 1.4B | -1.8B | -4.9B | -4.0B |
| Cash Flow From Continuing Investing Activities | -- | 1.4B | -1.8B | -4.9B | -4.0B |
| Issuance Of Debt | -- | 6.8B | 2.9B | 5.5B | 1.8B |
| Repayment Of Debt | -- | -6.9B | -3.0B | -3.0B | -582.0M |
| Net Issuance Payments Of Debt | -- | -131.0M | -170.0M | 2.5B | 1.2B |
| Issuance Of Capital Stock | -- | 4.0M | 0.00 | 3.0B | 1.4B |
| Repurchase Of Capital Stock | -- | -14.0M | -5.0M | -6.0M | -8.0M |
| Net Common Stock Issuance | -- | -10.0M | -5.0M | 444.0M | 1.4B |
| Common Stock Payments | -- | -14.0M | -5.0M | -6.0M | -8.0M |
| Financing Cash Flow | -- | 1.9B | 2.5B | 6.0B | 2.6B |
| Cash Flow From Continuing Financing Activities | -- | 1.9B | 2.5B | 6.0B | 2.6B |
| Effect Of Exchange Rate Changes | -- | 11.0M | 0.00 | -8.0M | 1.0M |
| Changes In Cash | -- | 7.9B | 2.2B | 1.8B | 357.0M |
| Beginning Cash Position | -- | 4.3B | 2.1B | 393.0M | 35.0M |
| End Cash Position | -- | 12.2B | 4.3B | 2.1B | 393.0M |
| Free Cash Flow | -- | 4.5B | 1.4B | 620.0M | 1.7B |
| Income Tax Paid Supplemental Data | -- | -- | 68.0M | 52.0M | 0.00 |
| Interest Paid Supplemental Data | -- | 318.0M | 123.0M | 85.0M | 8.0M |
| Amortization Of Securities | -- | -692.0M | -705.0M | -293.0M | 0.00 |
| Change In Account Payable | -- | -- | -- | -- | 75.0M |
| Change In Prepaid Assets | -- | -- | -- | -960.0M | -4.7B |
| Common Stock Issuance | -- | 4.0M | 0.00 | 450.0M | 1.4B |
| Depreciation | -- | -- | -- | 13.0M | -- |
| Dividend Paid Cfo | -- | -- | -- | -514.0M | -53.0M |
| Dividends Received Cfi | -- | -- | -- | 233.0M | 2.0M |
| Earnings Losses From Equity Investments | -- | -- | -- | -222.0M | -8.0M |
| Gain Loss On Investment Securities | -- | -572.0M | -513.0M | 153.0M | 28.0M |
| Interest Paid Cfo | -- | -- | -- | -- | -51.0M |
| Interest Received Cfi | -- | -- | -- | 514.0M | 51.0M |
| Interest Received Cfo | -- | -- | -- | -- | -51.0M |
| Long Term Debt Issuance | -- | 6.8B | 2.9B | 5.5B | 1.8B |
| Long Term Debt Payments | -- | -6.9B | -3.0B | -3.0B | -582.0M |
| Net Business Purchase And Sale | -- | 10.8B | -274.0M | -4.3B | 0.00 |
| Net Foreign Currency Exchange Gain Loss | -- | -- | -- | -8.0M | 0.00 |
| Net Income From Continuing Operations | -- | 1.2B | 797.0M | 501.0M | -112.0M |
| Net Intangibles Purchase And Sale | -- | -6.0M | -44.0M | -19.0M | -1.0M |
| Net Investment Properties Purchase And Sale | -- | -2.0B | -1.3B | 5.0M | 0.00 |
| Net Long Term Debt Issuance | -- | -131.0M | -170.0M | 2.5B | 1.2B |
| Net Other Financing Charges | -- | 2.1B | 2.6B | 496.0M | -8.0M |
| Net Other Investing Changes | -- | -300.0M | 67.0M | 25.0M | -- |
| Net Preferred Stock Issuance | -- | 0.00 | 0.00 | 2.5B | 0.00 |
| Operating Gains Losses | -- | -572.0M | -513.0M | 153.0M | 28.0M |
| Preferred Stock Issuance | -- | 0.00 | 0.00 | 2.5B | 0.00 |
| Purchase Of Intangibles | -- | -40.0M | -135.0M | -24.0M | -1.0M |
| Purchase Of Investment Properties | -- | -2.4B | -1.4B | -16.0M | 0.00 |
| Sale Of Intangibles | -- | 34.0M | 91.0M | 5.0M | 0.00 |
| Sale Of Investment Properties | -- | 336.0M | 102.0M | 21.0M | 0.00 |
| Sale Of PPE | -- | -- | -- | 5.0M | 0.00 |
| Taxes Refund Paid | -- | -- | -- | -52.0M | 0.00 |
| Unrealized Gain Loss On Investment Securities | -- | -- | -- | 452.0M | 33.0M |