Asset management company Franklin Resources, Inc. (NYSE: BEN) on Friday announced financial results for the fourth quarter of fiscal 2025, reporting an increase in revenues.
- The company reported net income of $117.6 million or $0.21 per share for the September quarter, compared to a loss of $84.7 million or $0.19 per share last year
- On an adjusted basis, Q4 net income came in at $357.5 million or $0.67 per share, vs. $315.2 million of $0.59 per share in the year-ago quarter
- Operating revenues increased 6% year-over-year to $2.34 billion during the three months
- Q4 operating income was $85.4 million, compared to an operating loss of $150.7 million in the prior-year quarter
- Assets under management totaled 1.66 trillion at the end of September 2025, slightly lower than last year’s $1.68 trillion
- The Company repurchased 2.6 million shares of its common stock for a total cost of $67.1 million during the quarter
- On September 30, 2025, cash, cash equivalents, and investments were $5.5 billion; including the company’s direct investments in consolidated investment products, the number was $6.7 billion