Quarterly ResultApr 28, 2026, 08:37 AM
BEN Q2 Net Income $268.2M, EPS $0.49; Long-term Inflows $16.9B
AI Summary
Franklin Resources, Inc. reported strong second fiscal quarter results for March 31, 2026, with GAAP net income increasing 77% year-over-year to $268.2 million and diluted EPS rising 88% to $0.49. The company achieved $16.9 billion in long-term net inflows, including $14.3 billion in alternative fundraising, reflecting strength across its diversified global platform. Adjusted net income grew 51% year-over-year to $384.5 million, with adjusted diluted EPS at $0.71.
Key Highlights
- BEN Q2 GAAP net income rose 77% YoY to $268.2 million.
- Diluted EPS increased 88% YoY to $0.49.
- Operating income surged 122% YoY to $323.3 million.
- Adjusted net income grew 51% YoY to $384.5 million, with adjusted diluted EPS of $0.71.
- Achieved $16.9 billion in long-term net inflows for the quarter.
- Fundraised $14.3 billion in alternatives, including $13.2 billion in private market assets.
- Total AUM was $1,682.1 billion at quarter-end, up 9% YoY.
- Repurchased 2.3 million shares for $57.1 million.