BEP Q4 2025 Earnings Report — Brookfield Renewable Partners L.P. Revenue & Financial Results | Market Cap Arena

Brookfield Renewable Partners L.P.BEP

Q4 2025 Earnings

Reported February 27, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2025	Q3 2025	Q4 2024	QoQ Change	YoY Change
Revenue	$1.6B	—	—	—	—
Op. Income	$49M	—	—	—	—
Gross Margin	7.1%	—	—	—	—
Net Margin	26.6%	—	—	—	—
EPS (Diluted)	$1.45	—	—	—	—
Free Cash Flow	-$1.5B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.6B
Cost of Revenue	$1.5B
GROSS PROFIT	$111M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$62M
Other Expenses	$0
Operating Expenses	$62M
Cost & Expenses	$1.5B
OPERATING INCOME	$49M
Interest Income	$0
Interest Expense	$648M
Other Income/Expenses	$371M
INCOME BEFORE TAX	$419M
Income Tax Expense	-$269M
Net Income from Continuing Ops	$688M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$416M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$416M
D&A	$632M
EBIT	$1.1B
EBITDA	$1.7B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.6B
Cost of Revenue	$1.5B
GROSS PROFIT	$111M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$62M
Other Expenses	$0
Operating Expenses	$62M
Cost & Expenses	$1.5B
OPERATING INCOME	$49M
Interest Income	$0
Interest Expense	$648M
Other Income/Expenses	$371M
INCOME BEFORE TAX	$419M
Income Tax Expense	-$269M
Net Income from Continuing Ops	$688M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$416M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$416M
D&A	$632M
EBIT	$1.1B
EBITDA	$1.7B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$416M
Depreciation & Amortization	$632M
Stock-Based Compensation	$0
Deferred Income Tax	-$74M
Other Non-Cash Items	-$398M
Change in Working Capital	-$231M
OPERATING CASH FLOW	$345M
Capital Expenditure	-$1.8B
Acquisitions (Net)	-$665M
Purchases of Investments	$0
Sales/Maturities of Investments	$2.4B
Other Investing Activities	-$3.0B
NET CASH FROM INVESTING	-$3.1B
Net Debt Issuance	$3.8B
Common Stock Repurchased	$0
Common Dividends Paid	-$294M
Other Financing Activities	-$471M
NET CASH FROM FINANCING	$3.0B
FREE CASH FLOW	-$1.5B
Net Change in Cash	$229.4K

Balance Sheet

Item	Amount
Cash & Equivalents	$2.3B
Short-Term Investments	$356M
Net Receivables	$2.8B
Inventory	$177M
Other Current Assets	$6.6B
TOTAL CURRENT ASSETS	$12.3B
PP&E (Net)	$70.3B
Goodwill	$6.0B
Intangible Assets	$0
Long-Term Investments	$9.3B
Tax Assets	$492M
Other Non-Current Assets	$89M
TOTAL NON-CURRENT ASSETS	$86.2B
TOTAL ASSETS	$98.5B
Account Payables	$957M
Short-Term Debt	$7.6B
Deferred Revenue	$63M
Other Current Liabilities	$12.9B
TOTAL CURRENT LIABILITIES	$21.7B
Long-Term Debt	$27.3B
Deferred Revenue NC	$678M
Deferred Tax Liabilities	$9.4B
Other Non-Current Liabilities	$3.8B
TOTAL NON-CURRENT LIABILITIES	$42.0B
TOTAL LIABILITIES	$63.6B
Common Stock	-$3.3B
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$7.2B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.6B
Minority Interest	$30.3B
TOTAL EQUITY	$34.9B
TOTAL LIABILITIES & EQUITY	$98.5B
Total Debt	$35.7B
Net Debt	$33.4B