Franklin Templeton (BEN) Q1 FY2026 earnings: revenue $2.3 billion, up 3.4% on the year
Franklin Templeton Inc. (BEN) reported revenue of $2.3 billion for Q1 FY2026, the quarter ended 31 December 2025, up 3.4% on the same quarter a year earlier. Net income was $256 million, up 56.2% on the year, and diluted earnings per share $0.46. The figures are the company's own, from the 10-Q it filed with the SEC on 30 January 2026.
Revenue
$2.3 billion
+3.4% on the year · -0.7% on the quarter
Q2 FY2024Q1 FY2026
Operating margin
12.1%
9.7% a year earlier
Q2 FY2024Q1 FY2026
Net income
$256 million
+56.2% on the year · +117.3% on the quarter
Q2 FY2024Q1 FY2026
Diluted EPS
$0.46
+58.6% on the year · +119.0% on the quarter
Q2 FY2024Q1 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Net income rose to $255.5 million: Net income attributable to Franklin Resources was $255.5 million, or $0.46 per diluted share, against $117.6 million or $0.21 in the previous quarter. Operating income was $281.0 million, against $85.4 million.
Long-term net inflows reached $28.0 billion: Long-term net inflows were $28.0 billion, against net outflows of $11.9 billion in the prior quarter. Long-term inflows were $118.6 billion and long-term outflows were $90.6 billion.
AUM rose $22.8 billion in quarter: Total AUM was $1,684.0 billion at December 31, 2025. Western had $6.6 billion of long-term net outflows within the quarter, and the Apera acquisition added $6.1 billion.
$ million except per share. Read moreFourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q1 FY2026
Q4 FY2025
Q1 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
-255
-20.7
-145
Capital expenditure
n/a
31.2
71.8
Free cash flow
n/a
-51.9
-217
Free cash flow margin
n/a
-2.2%
-9.6%
Cash from investing
-317
-441
-656
Cash from financing
487
88.5
87.9
+450.7%
+454.5%
Depreciation and amortisation
28.8
31.1
30.2
-7.4%
-4.6%
Share-based compensation
75.6
44.8
73.2
+68.8%
+3.3%
Buybacks
41.9
67.1
5.8
-37.6%
+622.4%
Dividends paid
170
171
166
-0.5%
+2.4%
Dividend per share
$0.33
n/a
$0.32
+3.1%
Diluted shares, weighted
518m
517m
518m
+0.2%
+0.0%
Shares outstanding at period end
520m
521m
524m
-0.2%
-0.8%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q1 FY2026
Q4 FY2025
Q1 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
12,135
12,078
12,462
+0.5%
-2.6%
Non-controlling interest
966
929
772
+3.9%
+25.1%
Redeemable equity
1,292
1,182
2,106
+9.3%
-38.7%
Debt
2,357
2,362
2,776
-0.2%
-15.1%
Other liabilities
15,799
15,818
14,274
-0.1%
+10.7%
Total liabilities and equity
32,549
32,368
32,390
+0.6%
+0.5%
Fixed assets
930
949
978
-2.0%
-4.9%
Goodwill
6,291
6,206
6,194
+1.4%
+1.6%
Intangible assets
4,155
4,166
4,677
-0.3%
-11.2%
Cash and equivalents
3,485
3,574
3,645
-2.5%
-4.4%
Other assets
17,688
17,473
16,896
+1.2%
+4.7%
Total assets
32,549
32,368
32,390
+0.6%
+0.5%
Questions
What was Franklin Templeton's revenue in Q1 FY2026?
Franklin Templeton (BEN) reported revenue of $2.3 billion for Q1 FY2026, the quarter ended 31 December 2025, up 3.4% on the same quarter a year earlier.
How much did Franklin Templeton earn in Q1 FY2026?
Net income for Q1 FY2026 was $256 million, up 56.2% on the year, and diluted earnings per share $0.46.
When did Franklin Templeton report Q1 FY2026 results?
Franklin Templeton filed its 10-Q for the quarter ended 31 December 2025 with the SEC on 30 January 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 31 December 2025, filed 30 January 2026: the filing.