10-Q quarterly report · filed Jan 30, 2026

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

Short answer

Franklin Resources (BEN) filed its Q4 2025 10-Q quarterly report on Jan 30, 2026 for the quarter ended Dec 31, 2025. Quarterly revenue was $2.3B (up 3.4% year over year) with net income of $256M.

Q4 2025 key financials · XBRL

Revenue
$2.3B
+3.4% YoY
Net income
$256M
+56.2% YoY
Operating margin
12.1%
EPS (diluted)
$0.46
+58.6% YoY

Source: XBRL data from the Franklin Resources (BEN) Q4 2025 10-Q on SEC EDGAR. USD.

Franklin Resources Q4 2025 10-Q analysis

AI summary of MD&A and risk factor updates

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

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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