Franklin Resources (BEN) Q4 2025 10-Q Quarterly Report

Filed: Jan 30, 2026Period ending Dec 31, 2025
Financials
Investment AdviceSEC EDGAR

Franklin Resources (BEN) 10-Q quarterly report for Q4 2025, filed with SEC EDGAR on Jan 30, 2026 for the fiscal period ending Dec 31, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Franklin Resources Q4 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $2,327.1M, up 3% YoY from $2,251.6M; net income $255.5M vs $163.6M (+56%); operating margin 12.1% vs 9.7% YoY
  • Adjusted operating margin 25.0% vs 24.5% YoY; adjusted net income $378.4M vs $320.5M; adjusted diluted EPS $0.70 vs $0.59
  • Best segment: Equity AUM up 12% YoY to $697.2B; worst: Fixed Income AUM down 7% YoY to $437.7B
  • Operating cash flow negative $255.1M vs negative $145.2M prior year; cash & equivalents $2.64B, down from $3.05B; financing cash flow increased to $487.4M from $87.9M
  • Management acquired Apera for €65.2M; outlook cautious on macro and regulatory risks; focus on expense management, investments in personnel, tech; quarterly dividend $0.33 per share maintained

Risk Factors

  • Carried-forward risks include business, financial condition, operational impacts without material changes since last 10-K
  • Potential for unidentified or currently immaterial risks evolving to adversely affect operations or financial results
  • General disclaimer that disclosed risks may already be developing or materialized without specific updates
  • No new or updated regulatory, legal, operational, or financial risk factors disclosed this quarter

Franklin Resources Q4 2025 Quarterly Financials
XBRL

Revenue

$2.3B

+3.4% YoY

Net Income

$256M

+56.2% YoY

Operating Margin

12.1%

+235bp YoY

Net Margin

11.0%

+371bp YoY

ROE

2.1%

+79bp YoY

Total Assets

$32.5B

+0.5% YoY

EPS (Diluted)

$0.46

+58.6% YoY

Operating Cash Flow

-$255M

-75.7% YoY

Source: XBRL data from Franklin Resources Q4 2025 10-Q filing on SEC EDGAR. All figures in USD.

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