BENF · Beneficient · Financials
Substantial doubt about the company's ability to continue as a going concern.
“All of these conditions raise substantial doubt about the Company's ability to continue as a going concern within one year after the date of issuance.”View the 10-Q filed Aug 14, 2026
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|---|
| -$14.34M | -$39.13M | -$7.94M | -$98.7M | -$104.9M | |
| $40K | $40K | $44K | — | — | |
| — | — | — | — | $185K | |
| $629K | $746K | $1.7M | $3.78M | $3.61M | |
| $59.9M | $127.39M | $16.24M | $2.55B | $148.27M | |
| -$74.24M | -$166.51M | -$24.19M | -$2.65B | -$253.17M | |
| -$73.61M | -$165.77M | -$22.49M | -$2.64B | -$249.57M | |
| $19.96M | $18.8M | $14.91M | $17.56M | $15.47M | |
| — | — | $44K | $457K | $412K | |
| — | — | -$96.3M | — | — | |
| $6.05M | $9.77M | -$2.24M | -$104.52M | -$51.42M | |
| — | -$164.52M | -$723K | -$2.66B | -$253.17M | |
| $214K | $214K | $80K | $788K | -$1.07M | |
| -$29.13M | -$87.43M | $51.16M | -$2.1B | -$130.98M | |
| -$62.53M | -$96.22M | -$69.79M | -$579.33M | -$136.94M | |
| $45.92M | -$18.29M | $51.16M | -$2.1B | -$130.98M | |
| -$29.13M | -$87.43M | $51.16M | -$2.1B | -$130.98M | |
| USD/shares | — | — | — | — | -$1,241.60 |
| USD/shares | — | — | — | — | -$1,241.60 |
| shares | — | — | — | — | 105.45K |
| shares | — | — | — | — | 105.45K |
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 27 similar-size Asset Management companies (of 111 listed).
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Ben Liquidity | $33,421,000 | $42,583,000 | $46,947,000 | $50,819,000 | $56,439,000 | $51,819,000 |
| Ben Custody | $12,743,000 | $21,574,000 | $24,534,000 | $29,042,000 | $20,288,000 | $19,409,000 |
| Customer Ex Alt Trusts | -$49,174,000 | -$8,274,000 | -$97,568,000 | -$89,041,000 | $52,156,000 | $118,601,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Ben Custody | $7,954,000 | $13,288,000 | -$588,811,000 | $24,046,000 | $16,193,000 | $15,922,000 |
| Ben Liquidity | -$55,699,000 | -$12,802,000 | -$1,810,964,000 | -$46,512,000 | $21,191,000 | $25,238,000 |
| Corporate And Other | -$93,128,000 | $10,243,000 | — | — | — | — |
| Customer Ex Alt Trusts | -$214,506,000 | -$168,427,000 | -$248,065,000 | -$248,038,000 | -$46,350,000 | $37,784,000 |
Operating Margin by Segment (%)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Ben Liquidity | -166.7% | -30.1% | -3857.5% | -91.5% | 37.5% | 48.7% |
| Ben Custody | 62.4% | 61.6% | -2400% | 82.8% | 79.8% | 82% |
| Customer Ex Alt Trusts | — | — | — | — | -88.9% | 31.9% |