Filing Flows › Franklin Templeton (BEN) › Q4 FY25
Franklin Templeton (BEN) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Nov 10, 2025
Franklin Templeton (BEN) reported revenue of $2.3B for the fourth quarter fiscal 2025 (Q4 FY25), +6% from a year earlier and +14% from the quarter before. Operating margin was 3.6%, net earnings $118M (5.0% of revenue).
Franklin Templeton, Q4 FY25: revenue $2.3B (+6% year over year), operating margin 3.6%, net earnings $118M, operating cash flow −$20.7M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3B | +14% | +6% |
| Operating profit | $85.4M | -45% | — |
| Net earnings | $118M | +27% | — |
| Operating cash flow | −$20.7M | -102% | — |
What changed
Revenue was $2.3B in Q4 FY25, up 6% year over year and up 14% from the previous quarter. Investment management fees was the largest line at 80% of revenue.
Operating profit was $0.09B, a 3.6% margin (up 10.5 points year over year). Total costs fell 4% while revenue rose 6%. The fastest-growing cost line was General & admin (+14%). Net earnings were $0.12B. The effective tax rate was 25.9%. Non-operating items added $0.17B, 66% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$0.02B. Non-cash charges added back $0.03B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.29B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.05B.
Questions
What was Franklin Templeton's revenue in the fourth quarter fiscal 2025?
Franklin Templeton (BEN) reported revenue of $2.3B for the fourth quarter fiscal 2025 (Q4 FY25), +6% from a year earlier and +14% from the quarter before.
Was Franklin Templeton profitable in the fourth quarter fiscal 2025?
Operating profit was $85.4M (3.6% of revenue) and net earnings $118M.
Source: Franklin Templeton 10-K on SEC EDGAR.