Every material Form 8-K Franklin Resources has filed with the SEC since April 29, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Franklin Templeton announced preliminary fourth quarter and full-year results for the period ended September 30, 2026, reporting a quarterly net income of $380.1 million, or $0.72 per diluted share, alongside $20.8 billion in long-term net inflows. Total assets under management reached $1.795 trillion, reflecting an 8% increase year-over-year.
Preliminary fourth quarter net income was $380.1 million, or $0.72 per diluted share, compared to $117.6 million, or $0.21 per diluted share, in the prior-year period.
Long-term net inflows were $20.8 billion for the quarter ended September 30, 2026, and $84.1 billion for the full fiscal year.
Total assets under management were $1.795 trillion as of September 30, 2026.
The company repurchased 2.5 million shares of its common stock for $86.1 million during the fourth quarter.
Franklin Resources reported third-quarter results for the period ended June 30, 2026, with operating revenues up 3% from the prior quarter and 14% from a year earlier. Net income fell 36% from the prior quarter to $171.5 million, though it rose 86% from the year-earlier quarter. The company also said it will change its corporate name to Franklin Templeton, Inc. effective August 17, 2026, with the stock continuing to trade under BEN.
Operating revenues were $2,358.4 million, up 3% from $2,294.9 million in the prior quarter and up 14% from $2,064.0 million a year earlier.
Net income attributable to the company was $171.5 million, or $0.31 per diluted share, compared with $268.2 million, or $0.49 per share, in the prior quarter.
Adjusted operating income of $508.9 million excludes a $100.0 million charge related to significant regulatory settlements.
The corporate name changes to Franklin Templeton, Inc. effective August 17, 2026; the NYSE ticker remains BEN.
Franklin Resources entered into a Second Amended and Restated Credit Agreement with Bank of America as administrative agent, replacing its existing $1.5 billion revolving credit agreement. The new five-year facility extends maturity to July 30, 2031, and allows an optional increase of up to $500 million; $700 million was outstanding at closing. The filing describes this as a refinancing and extension of existing borrowing capacity rather than a new source of cash beyond the amounts already drawn.
New five-year revolving credit facility with $1.5 billion of commitments, maturing July 30, 2031, with an option to increase by up to $500 million
$700 million outstanding under the facility as of July 30, 2026, rolled over from the terminated Original Credit Agreement, which was scheduled to mature April 30, 2030
Covenant requires a consolidated net leverage ratio of no greater than 3.25 to 1.00, tested quarterly
Effective July 21, 2026, the Compensation Committee granted one-time special retention equity awards to CEO Jennifer M. Johnson, Co-Presidents Daniel Gamba, Terrence J. Murphy and Matthew Nicholls, and carry incentive allocations to CEO Jennifer M. Johnson and Executive Chairman Gregory E. Johnson. The filing says the awards are meant to retain the core leadership team and that the carry incentives have no realizable value at grant, paying out only if fund performance exceeds pre-specified hurdles.
Each equity award has a grant-date fair value of approximately $15 million, split 50% performance stock units (fiscal years 2027 to 2029, payout range 0% to 187.5%) and 50% restricted stock units vesting August 31, 2031.
Carry incentives to the CEO and Executive Chairman vest over five years, with one-third eligible in years three, four and five.
The filing states the awards are not part of regular annual compensation; full award terms will be filed with the Form 10-K for the fiscal year ending September 30, 2026.
Franklin Resources reported second-quarter results for the period ended March 31, 2026, with net income attributable to the company of $268.2 million, or $0.49 per diluted share, up from $151.4 million, or $0.26, a year earlier. Operating revenues were $2,294.9 million, down 1% from the prior quarter but up 9% from a year earlier, and the company reported $16.9 billion in long-term net inflows.
Net income attributable to Franklin Resources was $268.2 million, or $0.49 per diluted share, versus $255.5 million, or $0.46, in the prior quarter and $151.4 million, or $0.26, a year earlier.
Operating revenues were $2,294.9 million, down 1% from $2,327.1 million in the prior quarter and up 9% from $2,111.4 million a year earlier.
Adjusted diluted earnings per share, a non-GAAP measure, were $0.71, compared with $0.70 in the prior quarter and $0.47 a year earlier.
Ending assets under management were $1,682.1 billion at March 31, 2026, and the company repurchased 2.3 million shares for $57.1 million during the quarter.
At its February 3, 2026 annual meeting, Franklin Resources stockholders elected all 11 directors, ratified PricewaterhouseCoopers LLP as auditor for the fiscal year ending September 30, 2026, and approved amendments that add 5,000,000 shares to the 1998 Employee Stock Investment Plan and 25,000,000 shares to the 2002 Universal Stock Incentive Plan. The added share authority could increase the number of shares available for issuance, which may dilute existing holders.
Stockholders approved an additional 25,000,000 shares for the 2002 Universal Stock Incentive Plan, with 369,232,427 votes for and 55,107,898 against.
Stockholders approved an additional 5,000,000 shares for the 1998 Employee Stock Investment Plan, with 422,037,543 votes for and 2,307,785 against.
All 11 director nominees were elected; Geoffrey Y. Yang received the fewest votes for, at 404,085,486, against 20,299,241 against.
PricewaterhouseCoopers LLP was ratified with 450,634,460 votes for and 9,318,703 against.
Franklin Resources reported first-quarter fiscal 2026 results for the quarter ended December 31, 2025, with net income attributable to the company of $255.5 million, or $0.46 per diluted share, up from $163.6 million, or $0.29, a year earlier. Operating revenues were $2,327.1 million, up 3% from a year earlier but down 1% from the prior quarter, and long-term net inflows were $28.0 billion. The company's own adjusted diluted earnings per share were $0.70, compared with $0.59 a year earlier.
Net income attributable to Franklin Resources was $255.5 million, or $0.46 per diluted share, versus $163.6 million, or $0.29, a year earlier and $117.6 million, or $0.21, in the prior quarter.
Operating revenues were $2,327.1 million, up 3% year over year and down 1% from the prior quarter; operating income was $281.0 million.
Long-term net inflows were $28.0 billion, compared with net outflows of $11.9 billion in the prior quarter; ending AUM was $1,684.0 billion.
Adjusted diluted earnings per share, a non-GAAP measure, were $0.70, versus $0.67 in the prior quarter and $0.59 a year earlier.
Franklin Resources entered a joinder agreement on December 11, 2025 that raised the commitments under its senior unsecured revolving credit facility by $400 million to $1.5 billion. On December 17, 2025, its board also authorized up to 20.8 million additional shares for repurchase, bringing the total available to 40.0 million, and the company announced a quarterly dividend of $0.33 per share, a 3.1% increase.
Credit facility commitments rose by $400 million, from $1.1 billion to $1.5 billion, under an agreement with Bank of America, N.A. as administrative agent
Board authorized up to 20.8 million additional shares for repurchase; about 19.2 million shares remained available at November 30, 2025
Quarterly dividend of $0.33 per share, up 3.1%, payable January 9, 2026 to holders of record on December 30, 2025
Franklin Resources reported preliminary fourth-quarter results for the period ended September 30, 2025, with net income attributable to the company of $117.6 million, or $0.21 per diluted share, compared with a net loss of $84.7 million a year earlier. Operating revenues rose 6% year over year, while operating income fell from the prior quarter after a $202.2 million impairment of intangible assets, and the company reported $11.9 billion of long-term net outflows. For shareholders, the quarter shows a return to profit, while fiscal year adjusted diluted earnings per share declined to $2.22 from $2.39.
Q4 operating revenues were $2,343.7 million, up 6% from $2,211.2 million a year earlier and 14% from $2,064.0 million in the prior quarter.
Q4 net income attributable to Franklin Resources was $117.6 million, or $0.21 per diluted share, versus a net loss of $84.7 million, or $0.19 per share, in Q4 fiscal 2024.
Q4 operating income was $85.4 million, down 45% from $154.1 million in the prior quarter, after a $202.2 million impairment of intangible assets.
Q4 adjusted diluted earnings per share were $0.67, up from $0.49 in the prior quarter and $0.59 a year earlier; fiscal year adjusted net income was $1,195.8 million, down 6%.
Franklin Resources said Daniel Gamba will become Chief Commercial Officer effective October 15, 2025, overseeing global sales, marketing and product strategy, and that Terrence Murphy, Matthew Nicholls and Gamba will be named Co-Presidents on the same date. Adam Spector will resign as Executive Vice President and Head of Global Distribution, and CEO Jennifer M. Johnson will give up the title of President while remaining CEO. The filing lays out Gamba's pay package, including a $9.1 million restricted stock grant tied to forfeited deferred compensation.
Gamba's start date is October 15, 2025; he previously worked at Northern Trust and BlackRock
Gamba's fiscal 2026 pay includes a $700,000 base salary and a minimum annual bonus of $5.5 million
One-time awards include a $3.362 million bonus and a $9.1 million restricted stock grant tied to forfeited compensation
Spector's resignation is effective October 15, 2025; he will remain CEO of Fiduciary Trust International
Franklin Resources reported fiscal third-quarter results for the period ended June 30, 2025, furnished in an 8-K with a press release. GAAP net income attributable to the company fell 47% from a year earlier to $92.3 million, or $0.15 per diluted share, and operating revenues dropped 3% to $2,064.0 million. Shareholders are also weighing the $157.4 million spent on share repurchases and $9.3 billion in long-term net outflows.
Operating revenues were $2,064.0 million, down 3% from $2,122.9 million a year earlier and 2% from $2,111.4 million in the prior quarter.
Net income attributable to Franklin Resources was $92.3 million, or $0.15 per diluted share, versus $174.0 million, or $0.32, a year earlier.
Adjusted diluted EPS, a non-GAAP measure, was $0.49, compared with $0.60 a year earlier and $0.47 in the prior quarter.
Long-term net outflows were $9.3 billion; total AUM was $1,611.8 billion at June 30, 2025.
Franklin Resources reported fiscal second-quarter results for the period ended March 31, 2025, with net income attributable to the company of $151.4 million, or $0.26 per diluted share, up from $124.2 million a year earlier but down from $163.6 million in the prior quarter. Operating revenues were $2.11 billion, down 2% year over year and 6% from the prior quarter, while long-term net outflows of $26.2 billion, including $33.6 billion at Western Asset Management, reduced total assets under management to $1,540.6 billion.
Net income attributable to Franklin Resources was $151.4 million, or $0.26 per diluted share, versus $124.2 million, or $0.23, a year earlier and $163.6 million, or $0.29, in the prior quarter.
Operating revenues were $2,111.4 million, down 2% year over year and 6% from the prior quarter; operating income was $145.6 million, up 13% year over year.
Adjusted diluted earnings per share were $0.47, compared with $0.56 a year earlier and $0.59 in the prior quarter; the company cited a $41.4 million seed investment loss.
Long-term net outflows were $26.2 billion, and ending assets under management were $1,540.6 billion at March 31, 2025.
Franklin Resources reported net income attributable to the company of $163.6 million, or $0.29 per diluted share, for the quarter ended December 31, 2024. That was down 35% from a year earlier but improved from a net loss of $84.7 million in the prior quarter, while operating revenues rose 13% year over year. Long-term net outflows of $50.0 billion, including $67.9 billion at Western Asset Management, reduced total assets under management to $1,575.7 billion, and the company's revenue depends on those assets.
Net income attributable to Franklin Resources was $163.6 million, or $0.29 per diluted share, versus a net loss of $84.7 million in the prior quarter and $251.3 million a year earlier.
Operating revenues were $2,251.6 million, up 13% from $1,991.1 million a year earlier and up 2% from $2,211.2 million in the prior quarter.
Adjusted diluted earnings per share were $0.59, flat from the prior quarter and down 9% from $0.65 a year earlier. The company says these are non-GAAP measures.
Long-term net outflows were $50.0 billion, including $67.9 billion at Western Asset Management; total assets under management ended the quarter at $1,575.7 billion, down from $1,678.6 billion.
Franklin Resources reported preliminary fourth-quarter fiscal 2024 results, showing a net loss of $84.7 million, or $0.19 per diluted share, compared with net income of $295.5 million, or $0.58 per share, a year earlier. The loss reflects a $389.2 million impairment of an indefinite-lived intangible asset tied to certain mutual fund contracts managed by Western Asset Management, even as operating revenues rose 11% to $2.21 billion.
Q4 net loss of $84.7 million, or $0.19 per diluted share, versus net income of $295.5 million, or $0.58 per share, a year earlier
Impairment of $389.2 million on an intangible asset related to mutual fund contracts managed by Western Asset Management
Operating revenues of $2.21 billion, up 11% from the prior-year quarter
Adjusted diluted EPS of $0.59 for the quarter, versus $0.84 a year earlier (non-GAAP)
Franklin Resources reported third-quarter fiscal 2024 results for the quarter ended June 30, 2024. Operating revenues rose 8% year over year to $2,122.9 million, but net income attributable to the company fell 24% to $174.0 million, or $0.32 per diluted share, from $227.5 million, or $0.44, a year earlier. Adjusted diluted earnings per share were $0.60, compared with $0.63 a year earlier, and the filing gives no guidance.
Operating revenues were $2,122.9 million, up 8% from $1,969.0 million a year earlier but down 1% from $2,152.8 million in the prior quarter.
Net income attributable to Franklin Resources was $174.0 million, down 24% year over year and up 40% from $124.2 million in the prior quarter.
Adjusted diluted earnings per share were $0.60, versus $0.63 a year earlier and $0.56 in the prior quarter.
Ending assets under management were $1,646.6 billion at June 30, 2024, and the company repurchased 4.3 million shares for $101.5 million during the quarter.
Franklin Resources reported second-quarter results for the quarter ended March 31, 2024, with operating revenues of $2,152.8 million, up 12% from a year earlier. Net income attributable to the company fell to $124.2 million, or $0.23 per diluted share, from $194.2 million, or $0.38, a year earlier, and operating income fell 49% year over year. Shareholders see higher revenue alongside lower GAAP profit per share, while assets under management reached $1,644.7 billion, partly from the Putnam Investments acquisition.
Operating revenues were $2,152.8 million, up 12% from a year earlier and 8% from the prior quarter.
Net income attributable to Franklin Resources was $124.2 million, or $0.23 per diluted share, versus $194.2 million, or $0.38, a year earlier.
Adjusted diluted earnings per share, a non-GAAP measure, was $0.56, compared with $0.61 a year earlier and $0.65 in the prior quarter.
Total assets under management were $1,644.7 billion at March 31, 2024, up 13% in the quarter, including $148.3 billion from the Putnam acquisition, and long-term net inflows were $6.9 billion.
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