Filing Flows › Franklin Templeton (BEN) › Q2 FY25
Franklin Templeton (BEN) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 2, 2025
Franklin Templeton (BEN) reported revenue of $2.1B for the second quarter fiscal 2025 (Q2 FY25), -2% from a year earlier and -6% from the quarter before. Operating margin was 6.9%, net earnings $151M (7.2% of revenue).
Franklin Templeton, Q2 FY25: revenue $2.1B (-2% year over year), operating margin 6.9%, net earnings $151M, operating cash flow −$50.1M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | -6% | -2% |
| Operating profit | $146M | -34% | +13% |
| Net earnings | $151M | -7% | +22% |
| Operating cash flow | −$50.1M | — | — |
What changed
Revenue was $2.1B in Q2 FY25, down 2% year over year and down 6% from the previous quarter. Investment management fees was the largest line at 79% of revenue. Investment management fees lost $0.04B year over year (down 2%), 97% of the total change.
Operating profit was $0.15B, a 6.9% margin (up 0.9 points year over year). Total costs fell 3% while revenue fell 2%. Net earnings were $0.15B, up 22% year over year ($0.01B including minority interests, which bore $0.14B of losses). The effective tax rate was 72.8%.
Operating cash flow was −$0.05B. Non-cash charges added back $0.03B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items used $0.14B. Capital expenditures of $0.04B exceeded it, leaving free cash flow of −$0.09B.
Questions
What was Franklin Templeton's revenue in the second quarter fiscal 2025?
Franklin Templeton (BEN) reported revenue of $2.1B for the second quarter fiscal 2025 (Q2 FY25), -2% from a year earlier and -6% from the quarter before.
Was Franklin Templeton profitable in the second quarter fiscal 2025?
Operating profit was $146M (6.9% of revenue) and net earnings $151M.
Source: Franklin Templeton 10-Q on SEC EDGAR.