Filing Flows › Franklin Templeton (BEN) › Q1 FY26
Franklin Templeton (BEN) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jan 30, 2026
Franklin Templeton (BEN) reported revenue of $2.3B for the first quarter fiscal 2026 (Q1 FY26), +3% from a year earlier and -0.7% from the quarter before. Operating margin was 12.1%, net earnings $256M (11.0% of revenue).
Franklin Templeton, Q1 FY26: revenue $2.3B (+3% year over year), operating margin 12.1%, net earnings $256M, operating cash flow −$255M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3B | -0.7% | +3% |
| Operating profit | $281M | +229% | +28% |
| Net earnings | $256M | +117% | +56% |
| Operating cash flow | −$255M | — | — |
What changed
Revenue was $2.3B in Q1 FY26, up 3% year over year and down 1% from the previous quarter. Investment management fees was the largest line at 79% of revenue. Investment management fees added $0.05B year over year (up 3%), 64% of the total change.
Operating profit was $0.28B, a 12.1% margin (up 2.3 points year over year). Of the extra revenue versus a year earlier, 82% reached operating profit, above the 10% margin then. Total costs grew 1% against revenue growth of 3%. Net earnings were $0.26B, up 56% year over year. The effective tax rate was 23.2%. Non-operating items added $0.17B, 38% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$0.26B. Non-cash charges added back $0.03B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items used $0.71B.
Questions
What was Franklin Templeton's revenue in the first quarter fiscal 2026?
Franklin Templeton (BEN) reported revenue of $2.3B for the first quarter fiscal 2026 (Q1 FY26), +3% from a year earlier and -0.7% from the quarter before.
Was Franklin Templeton profitable in the first quarter fiscal 2026?
Operating profit was $281M (12.1% of revenue) and net earnings $256M.
Source: Franklin Templeton 10-Q on SEC EDGAR.