{"id":960348,"date":"2026-05-08T06:48:20","date_gmt":"2026-05-08T10:48:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brookfield-business-corporation-reports-strong-first-quarter-2026-results\/"},"modified":"2026-05-08T06:48:20","modified_gmt":"2026-05-08T10:48:20","slug":"brookfield-business-corporation-reports-strong-first-quarter-2026-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brookfield-business-corporation-reports-strong-first-quarter-2026-results\/","title":{"rendered":"Brookfield Business Corporation Reports Strong First Quarter 2026 Results"},"content":{"rendered":"
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BROOKFIELD, NEWS, May 08, 2026 (GLOBE NEWSWIRE) — Brookfield Business Corporation (NYSE, TSX: BBUC) announced today financial results for the quarter ended March\u00a031, 2026.<\/p>\n

“Three things defined our quarter,” said Anuj Ranjan, CEO of Brookfield Business Corporation. “Clarios received $1 billion of cash tax credits, with similar amounts expected annually through the end of the decade. We sold a 27% interest in La Trobe, generating a 3x multiple of our original investment only four years after acquiring it. We also committed $500 million with our partners alongside OpenAI in The OpenAI Deployment Company, a new platform built to deploy enterprise AI inside real operating businesses.”<\/p>\n

He added, “We run a simple business: we buy, build, and operate essential industrial and services companies with a goal of compounding capital in them at excellent returns. Our business and investment approach is built for this environment, and demand for essential services and industrial businesses has rarely been stronger. We expect our strong start to continue throughout 2026, positioning us well to keep compounding capital for our shareholders.”<\/p>\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\n Three Months Ended<\/strong>
\n
\n March 31,<\/strong>\n <\/td>\n<\/tr>\n
\n US$ millions (except per share amounts), unaudited<\/em>\n <\/td>\n\u00a0<\/td>\n\n 2026<\/strong>\n <\/td>\n\u00a0<\/td>\n2025<\/td>\n<\/tr>\n
Net income attributable to Shareholders1<\/sup><\/td>\n\n $<\/strong>\n <\/td>\n\n 40<\/strong>\n <\/td>\n$<\/td>\n80<\/td>\n<\/tr>\n
Net income per Class A Share2<\/sup><\/td>\n\n
\n $<\/em>
\n <\/strong>\n <\/td>\n		\n
\n 0.19<\/em>
\n <\/strong>\n <\/td>\n		\n $<\/em>\n <\/td>\n\n 0.38<\/em>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA3<\/sup><\/td>\n\n $<\/strong>\n <\/td>\n\n 582<\/strong>\n <\/td>\n$<\/td>\n591<\/td>\n<\/tr>\n<\/table>\n

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Brookfield Business Corporation reported Net income attributable to Shareholders for the three months ended March\u00a031, 2026 of $40 million ($0.19 per Class A Share), compared to $80 million ($0.38 per Class A Share) in the prior period.<\/p>\n

\n Operating Results<\/strong>\n <\/p>\n

Our business performed well during the quarter. Adjusted EBITDA was $582 million, compared to $591\u00a0million in the prior period, which included $72 million of tax credits and $51\u00a0million of contribution from disposed operations. Excluding the impact of acquisitions, dispositions, and tax credits, Adjusted EBITDA was $488 million, an approximate 5% increase over the prior year.<\/p>\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\n Three Months Ended<\/strong>
\n
\n March 31,<\/strong>\n <\/td>\n<\/tr>\n
\n US$ millions, unaudited<\/em>\n <\/td>\n\u00a0<\/td>\n\n 2026<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\n<\/tr>\n
Industrials<\/td>\n\n $<\/strong>\n <\/td>\n\n 320<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n304<\/td>\n\u00a0<\/td>\n<\/tr>\n
Business Services<\/td>\n\u00a0<\/td>\n\n 208<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n213<\/td>\n\u00a0<\/td>\n<\/tr>\n
Infrastructure Services<\/td>\n\u00a0<\/td>\n\n 90<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n104<\/td>\n\u00a0<\/td>\n<\/tr>\n
Corporate<\/td>\n\u00a0<\/td>\n\n (36<\/strong>\n <\/td>\n\n )<\/strong>\n <\/td>\n\u00a0<\/td>\n(30<\/td>\n)<\/td>\n<\/tr>\n
\n Adjusted EBITDA<\/strong>\n <\/td>\n\n $<\/strong>\n <\/td>\n\n 582<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n591<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

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Our Industrials segment generated $320 million of Adjusted EBITDA, an increase of 7% over the prior year excluding the impact of recent acquisitions, dispositions, and tax credits. Results benefited from strong performance at our advanced energy storage operation and at our engineered components manufacturer which delivered more than 10% same-store growth in Adjusted EBITDA over the prior year driven by commercial actions and cost initiatives.<\/p>\n

Business Services segment Adjusted EBITDA was $208 million, an increase of 7% compared to the prior year excluding the impact of recent acquisitions and dispositions. Performance included solid results and realized investment gains at our residential mortgage insurer which continues to perform well despite an overall weaker Canadian housing market.<\/p>\n

Our Infrastructure Services segment Adjusted EBITDA was $90 million. Prior year included contribution from our offshore oil services\u2019 shuttle tanker operation which was sold in January 2025. Results were supported by our lottery services operation driven by the ramp-up of recently secured contracts and stable performance at our modular building leasing services operation which benefited from increased sales of value-added products and services during the quarter.<\/p>\n

Adjusted EFO4<\/sup> included the benefit of lower current taxes at our advanced energy storage operation. Prior year Adjusted EFO included a $114 million net gain from the disposition of the shuttle tanker operation at our offshore oil services operation and the impact of withholding taxes on a distribution received from our advanced energy storage operation.<\/p>\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\n Three Months Ended<\/strong>
\n
\n March 31,<\/strong>\n <\/td>\n<\/tr>\n
\n US$ millions, unaudited<\/em>\n <\/td>\n\u00a0<\/td>\n\n 2026<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Adjusted EFO<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Industrials<\/td>\n\n $<\/strong>\n <\/td>\n\n 206<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n130<\/td>\n\u00a0<\/td>\n<\/tr>\n
Business Services<\/td>\n\u00a0<\/td>\n\n 125<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n117<\/td>\n\u00a0<\/td>\n<\/tr>\n
Infrastructure Services<\/td>\n\u00a0<\/td>\n\n 22<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n166<\/td>\n\u00a0<\/td>\n<\/tr>\n
Corporate<\/td>\n\u00a0<\/td>\n\n (74<\/strong>\n <\/td>\n\n )<\/strong>\n <\/td>\n\u00a0<\/td>\n(68<\/td>\n)<\/td>\n<\/tr>\n<\/table>\n

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Growth and Value Creation <\/strong>\n <\/p>\n

We are executing on our strategy to buy, build, and operate essential industrial and services businesses with the goal of compounding large scale capital over the long-term. Opportunistically, we monetize to realize value. We made excellent progress on all fronts during the quarter.<\/p>\n