BBU Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	30,103	40,620	55,068	57,385	46,587	37,635
Revenue Growth (YoY)	-41.85%	-26.24%	-4.04%	23.18%	23.79%	-12.54%
Cost of Revenue	23,944	34,883	50,021	53,110	43,151	34,630
Gross Profit	6,159	5,737	5,047	4,275	3,436	3,005
Selling, General & Admin	1,225	1,267	1,538	1,360	1,012	968
Other Operating Expenses	1,005	981	831	-9	440	263
Total Operating Expenses	2,230	2,248	2,369	1,351	1,452	1,231
Operating Income	3,929	3,489	2,678	2,924	1,984	1,774
Interest Income	51	90	132	165	13	57
Interest Expense	-3,101	-3,104	-3,596	-2,538	-1,468	-1,482
Other Non-Operating Income (Expense)	775	1,265	4,864	686	1,857	163
Total Non-Operating Income (Expense)	-2,275	-1,749	1,400	-1,687	402	-1,262
Pretax Income	1,654	1,740	4,078	1,237	2,386	512
Provision for Income Taxes	101	301	55	319	-165	-154
Net Income	-6	-37	482	36	258	-91
Minority Interest in Earnings	972	880	3,212	177	1,895	671
Net Income Attributable to Preferred Dividends	52	52	83	27	-	-
Net Income to Common	-6	-37	482	36	258	-91
Net Income Growth	-	-	1238.89%	-86.05%	-	-
Shares Outstanding (Basic)	159	131	193	147	177	225
Shares Outstanding (Diluted)	159	131	193	147	177	225
Shares Change (YoY)	7.12%	-31.88%	31.46%	-17.26%	-21.13%	6.95%
EPS (Basic)	-0.13	-0.50	6.49	0.48	3.28	-1.13
EPS (Diluted)	-0.13	-0.50	6.49	0.48	3.28	-1.13
EPS Growth	-	-	1252.08%	-85.37%	-	-
Free Cash Flow	1,924	761	-158	-737	243	2,800
Free Cash Flow Growth	152.83%	-	-	-	-91.32%	192.28%
Free Cash Flow Per Share	12.11	5.79	-0.82	-5.02	1.37	12.46
Dividends Per Share	0.250	0.250	0.250	0.250	0.250	0.250
Gross Margin	20.46%	14.12%	9.17%	7.45%	7.38%	7.98%
Operating Margin	13.05%	8.59%	4.86%	5.10%	4.26%	4.71%
Profit Margin	5.16%	3.54%	7.31%	1.60%	5.48%	1.77%
FCF Margin	6.39%	1.87%	-0.29%	-1.28%	0.52%	7.44%
EBITDA	7,013	6,693	6,270	6,147	4,267	3,939
EBITDA Margin	23.30%	16.48%	11.39%	10.71%	9.16%	10.47%
EBIT	3,929	3,489	2,678	2,924	1,984	1,774
EBIT Margin	13.05%	8.59%	4.86%	5.10%	4.26%	4.71%
Effective Tax Rate	6.11%	17.30%	1.35%	25.79%	-6.92%	-30.08%

Updated Jan 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q