Brookfield Asset Management (BAM) Operating Expenses (2023 - 2026)
Brookfield Asset Management (BAM) recorded Operating Expenses of $659 million in Q2 2026, up 18.3% from $557 million a year earlier but down 10.1% from the prior quarter.
Brookfield Asset Management (BAM) Operating Expenses (2023 - 2026) Analysis & Trends
On a TTM basis, Brookfield Asset Management's Operating Expenses came in at $2.38 billion as of Jun 30, 2026, up 21.4% year-over-year; for FY2025, it came in at $2.04 billion, up 21.7% from FY2024.
- Annual Operating Expenses has a three-year compound annual growth rate of 274.2% (FY2022 to FY2025).
- Across earlier years, Operating Expenses came in at $1.68 billion in FY2024 (+8.7%), $1.55 billion in FY2023 and $39 million in FY2022.
- Quarterly Operating Expenses has ranged from $52 million in Q2 2023 to $733 million in Q1 2026 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for six consecutive quarters, with growth averaging 27.2% over the last six quarters.
- Per Business Quant, the preceding three quarters came in at $733 million (Q1 2026), $490 million (Q4 2025) and $495 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 4.62 Bn |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | 149.76 Mn |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | 2.38 Bn |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | 5.41 Bn |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | 14.94 Bn |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | 659.00 Mn |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | 8.74 Bn |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | 133.83 Mn |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | 7.80 Mn |
| 10 | Ameriprise Financial | 43.92 Bn | 5.34 Bn | 4.72 Bn | 3.50 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 659.00 Mn |
| Mar 31, 2026 | 733.00 Mn |
| Dec 31, 2025 | 490.00 Mn |
| Sep 30, 2025 | 495.00 Mn |
| Jun 30, 2025 | 557.00 Mn |
| Mar 31, 2025 | 502.00 Mn |
| Dec 31, 2024 | 423.00 Mn |
| Sep 30, 2024 | 476.00 Mn |
| Jun 30, 2024 | 333.00 Mn |
| Mar 31, 2024 | 448.00 Mn |
| Jun 30, 2023 | 52.00 Mn |
Brookfield Asset Management Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=BAM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "BAM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=BAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();