Filing Flows › Franklin Templeton (BEN) › Q2 FY26
Franklin Templeton (BEN) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Apr 28, 2026
Franklin Templeton (BEN) reported revenue of $2.3B for the second quarter fiscal 2026 (Q2 FY26), +9% from a year earlier and -1% from the quarter before. Operating margin was 14.1%, net earnings $268M (11.7% of revenue).
Franklin Templeton, Q2 FY26: revenue $2.3B (+9% year over year), operating margin 14.1%, net earnings $268M, operating cash flow −$27.6M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3B | -1% | +9% |
| Operating profit | $323M | +15% | +122% |
| Net earnings | $268M | +5% | +77% |
| Operating cash flow | −$27.6M | — | — |
What changed
Revenue was $2.3B in Q2 FY26, up 9% 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 $0.15B year over year (up 9%), 79% of the total change. Other declined 9%.
Operating profit was $0.32B, a 14.1% margin (up 7.2 points year over year). Of the extra revenue versus Q2 FY25, 97% reached operating profit, above the 7% margin then. Total costs grew 0% against revenue growth of 9%. Net earnings were $0.27B, up 77% year over year. The effective tax rate was 22.2%. Non-operating items added $0.12B, 27% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$0.03B. Non-cash charges added back $0.03B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items used $0.46B.
Questions
What was Franklin Templeton's revenue in the second quarter fiscal 2026?
Franklin Templeton (BEN) reported revenue of $2.3B for the second quarter fiscal 2026 (Q2 FY26), +9% from a year earlier and -1% from the quarter before.
Was Franklin Templeton profitable in the second quarter fiscal 2026?
Operating profit was $323M (14.1% of revenue) and net earnings $268M.
Source: Franklin Templeton 10-Q on SEC EDGAR.