Franklin Resources FY26 Q3 net income drops 36% to $171.5 million quarter over quarter; revenue rises 3% to $2.36 billion quarter over quarter - BEN News | Rallies
Franklin Resources FY26 Q3 net income drops 36% to $171.5 million quarter over quarter; revenue rises 3% to $2.36 billion quarter over quarter B BEN • 2026-07-31 Quarterly results
Franklin Resources posted GAAP net income of USD 171.5 million, down 36% from the prior quarter; diluted EPS fell 37% to USD 0.31.
GAAP operating income slid 33% from the prior quarter to USD 215.8 million, even as operating revenues rose 3% to USD 2.36 billion.
Non-GAAP adjusted net income was USD 386.3 million, essentially flat sequentially; adjusted diluted EPS edged up 1% to USD 0.72.
Corporate name change
Corporate name will change to Franklin Templeton, Inc. effective Aug. 17, 2026; ticker remains BEN.
Assets under management and flows
Assets under management climbed 7% from the prior quarter to a record USD 1.79 trillion; long-term net flows increased to USD 18.4 billion.
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2026-07-31