Franklin Resources Q2 net income rises 22% YoY to $151.4 million; revenue falls 2%
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.
Key points
- 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.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 02, 2025.
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