Press release
July 31, 2026
Franklin Resources, Inc. Announces Third Quarter Results
Western Asset Investment Grade Income Fund Inc. (PAI)
Franklin Resources, Inc. (the “Company”) [NYSE: BEN] today announced net income 1 of $171.5 million or $0.31 per diluted share for the quarter ended June 30, 2026, as compared to $268.2 million or $0.49 per diluted share for the previous quarter, and $92.3 million or $0.15 per diluted share for the quarter ended June 30, 2025. Operating income was $215.8 million for the quarter ended June 30, 2026, as compared to $323.3 million for the previous quarter and $154.1 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 $386.3 million and adjusted diluted earnings per share 2 was $0.72 for the quarter ended June 30, 2026, as compared to $384.5 million and $0.71 for the previous quarter, and $263.4 million and $0.49 for the quarter ended June 30, 2025. Adjusted operating income 2 was $508.9 million for the quarter