Franklin Resources, Inc. Announces First Quarter Results

Franklin Resources, Inc. (the “Company”) [NYSE: BEN] today announced net income 1 of $255.5 million or $0.46 per diluted share for the quarter ended December 31, 2025, as compared to $117.6 million or $0.21 per diluted share for the previous quarter, and $163.6 million or $0.29 per diluted share for the quarter ended December 31, 2024. Operating income was $281.0 million for the quarter ended December 31, 2025, as compared to $85.4 million for the previous quarter and $219.0 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles. Adjusted net income 2 was $378.4 million and adjusted diluted earnings per share 2 was $0.70 for the quarter ended December 31, 2025, as compared to $357.5 million and $0.67 for the previous quarter, and $320.5 million and $0.59 for the quarter ended December 31, 2024. Adjusted operating income 2 was $437.3