Franklin Resources, Inc. (BEN) Q2 2026 Earnings Call Transcript
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
Overview
The earnings call summary reveals mixed financial performance. While revenue and AUM have increased, net income and EPS have declined, and operating margin has decreased. The lack of strategic initiatives and operational updates, along with unclear management responses in the Q&A, suggests uncertainty. These factors balance each other out, resulting in a neutral sentiment.
Key Financial Performance
Revenue Franklin Resources reported revenue of $1.97 billion for the quarter ended March 31, 2026, which represents a 3% increase year-over-year. The increase was attributed to higher investment management fees driven by improved market conditions and net inflows.
Net Income Net income for the quarter was $450 million, reflecting a 5% decrease year-over-year. This decline was primarily due to higher operating expenses and increased compensation costs.
Assets Under Management (AUM) The company's AUM stood at $1.5 trillion as of March 31, 2026, up 2% from the same period last year. The growth was driven by market appreciation and positive net flows.
Operating Margin Operating margin for the quarter was 30%, down from 32% in the prior year. The decline was attributed to increased operating expenses.
Earnings Per Share (EPS) EPS for the quarter was $0.90, a 4% decrease year-over-year, primarily due to the decline in net income.
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Operating Highlights
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Risk or Challenges
Forward-looking statements: The company acknowledges that forward-looking statements involve numerous known and unknown risks, uncertainties, and other factors that could materially impact actual results.
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Guidance & Outlook
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Shareholder Return Plan
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Key Q&A
Q:Review of Unclear Management Responses
A:
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Earnings Word Cloud
The most frequently occurring keywords in this quarter's earning call
Alexander Blostein
Bedell Deutsche
Benjamin Budish
Blostein Goldman
Brian Bedell
Budish Barclays
CEO Director
COO Gamba
Co President
Cowen Research
Cyprys Morgan
Davitt Autonomous
Director Nicholls
Division Brennan
Division Brian
Division EDT
Division Fannon
Division Glenn
Division Katz
Division Kenneth
Division Patrick
EDT Welcome
Glenn Schorr
Johnson CEO
Kenneth Worthington
LP Cyprys
Nicholls Co
Officer Alexander
Patrick Davitt
Relations Johnson
Research Benjamin
Research Division
Research LP
Selene Head
host Head
BEN Transcript
Franklin Resources, Inc. (BEN) Q2 2026 Earnings Call Transcript
Unknown4-28
The earnings call summary reveals mixed financial performance. While revenue and AUM have increased, net income and EPS have declined, and operating margin has decreased. The lack of strategic initiatives and operational updates, along with unclear management responses in the Q&A, suggests uncertainty. These factors balance each other out, resulting in a neutral sentiment.
Franklin Resources, Inc. (BEN) Q1 2026 Earnings Call Transcript
Positive1-30
The earnings call reflects positive sentiment with strong equity flows, strategic M&A focus, and promising growth in alternative assets. The company’s emphasis on AI and blockchain for cost efficiency, alongside stable EFR and improving margins, indicates a solid financial strategy. Despite some lack of clarity in management responses, the optimistic guidance and strategic initiatives suggest a positive stock price movement over the next two weeks.
Franklin Resources, Inc. (BEN) Q4 2025 Earnings Call Transcript
Unknown11-7
The earnings call reflects a negative sentiment due to declining financial metrics such as operating income, margins, and EPS. Although there are optimistic elements like infrastructure investment and AI/tokenization efforts, the Q&A reveals unclear responses and challenges in fundraising. The company's expenses have increased, and while there is a cost-saving plan, it may not offset the negative financial performance. Overall, the negative aspects outweigh the positives, suggesting a likely stock price decline in the near term.
Franklin Resources, Inc. (BEN) Q3 2025 Earnings Call Transcript
Positive8-1
The earnings call summary indicates positive growth in various segments such as alternative asset fundraising, ETF platform net flows, and retail SMAs AUM. Despite flat adjusted operating income, the company shows resilience in integrating acquisitions and leveraging blockchain technology, which is positively viewed by analysts. The Q&A section reveals management's strategic focus on private markets and blockchain, although some uncertainty remains regarding the financial settlement with WAM. Overall, the company's strong market strategy, product development, and shareholder return plans contribute to a positive outlook for the stock price.
BEN Slides
BEN Report
Frequently Asked Questions
Where does this earnings call transcript come from?
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
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No material content is ever changed or summarized in the “Full Transcript” section. We only correct obvious spoken typos (e.g., “um”, “ah”, repeated 10 times”, or clear misspoken ticker symbols) and add speaker names/titles for readability. Every substantive sentence remains 100% as spoken.
Why do some answers appear as “Unclear” or “Inaudible”?
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Who creates the AI Summary and Key Q&A highlights shown above the transcript?
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
