$BEPC

Brookfield Renewable Corp

CIK:0001791863|SEC Filings
v3.25.4
CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues $ 3,728 $ 4,142 $ 3,967
Other income 194 429 584
Direct operating costs [1] (1,495) (1,767) (1,466)
Management service costs (110) (106) (88)
Interest expense (1,672) (1,667) (1,258)
Share of loss from equity-accounted investments (8) (24) (8)
Foreign exchange and financial instruments gain 91 238 159
Depreciation (1,240) (1,262) (1,342)
Other (183) (76) (61)
Remeasurement of interests held in BRHC by the partnership (813) 58 0
Remeasurement of BEPC exchangeable and class A.2 exchangeable shares (848) 61 0
Remeasurement of exchangeable and class B shares of BRHC 0 574 (106)
Income tax (expense) recovery      
Current (119) (100) (113)
Deferred 132 (67) 40
Total income tax recovery 13 (167) (73)
Net (loss) income (2,343) 433 308
Net (loss) income attributable to:      
The partnership (2,344) 236 (181)
Non-controlling interests      
Revenues 2,216 2,435 2,360
Other income 23 160 451
Direct operating costs (806) (1,052) (875)
Management service costs 0 0 0
Income tax (expense) recovery      
Current (93) (69) (87)
Participating non-controlling interests – in operating subsidiaries      
Income tax (expense) recovery      
Net (loss) income 1 193 481
Net (loss) income attributable to:      
Net income allocated to participating non-controlling interests – in a holding subsidiary held by the partnership   193 481
Participating non-controlling interests – in a holding subsidiary held by the partnership      
Income tax (expense) recovery      
Net (loss) income 0 4 8
Net (loss) income attributable to:      
Net income allocated to participating non-controlling interests – in a holding subsidiary held by the partnership $ 0 $ 4 $ 8
[1] Direct operating costs exclude depreciation expense disclosed below.