Filing Flows › Franklin Templeton (BEN) › Q3 FY25
Franklin Templeton (BEN) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 1, 2025
Franklin Templeton (BEN) reported revenue of $2.1B for the third quarter fiscal 2025 (Q3 FY25), -3% from a year earlier and -2% from the quarter before. Operating margin was 7.5%, net earnings $92.3M (4.5% of revenue).
Franklin Templeton, Q3 FY25: revenue $2.1B (-3% year over year), operating margin 7.5%, net earnings $92.3M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | -2% | -3% |
| Operating profit | $154M | +6% | -31% |
| Net earnings | $92.3M | -39% | -47% |
| Operating cash flow | $1.3B | — | +143% |
| Free cash flow | $1.3B | — | +163% |
What changed
Revenue was $2.1B in Q3 FY25, down 3% year over year and down 2% from the previous quarter. Investment management fees was the largest line at 79% of revenue. Investment management fees lost $0.05B year over year (down 3%), 83% of the total change.
Operating profit was $0.15B, a 7.5% margin (down 3.0 points year over year). Total costs grew 0% against a revenue fall of 3%. Net earnings were $0.09B, down 47% year over year. The effective tax rate was 33.9%.
Operating cash flow was $1.3B (up 143% year over year), 1099% of net income including minority interests. Non-cash charges added back $0.03B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items added $1.1B. Capital expenditures of $0.01B left free cash flow of $1.3B.
Questions
What was Franklin Templeton's revenue in the third quarter fiscal 2025?
Franklin Templeton (BEN) reported revenue of $2.1B for the third quarter fiscal 2025 (Q3 FY25), -3% from a year earlier and -2% from the quarter before.
Was Franklin Templeton profitable in the third quarter fiscal 2025?
Operating profit was $154M (7.5% of revenue) and net earnings $92.3M.
Source: Franklin Templeton 10-Q on SEC EDGAR.