Franklin Resources (BEN) Operating Expenses (2009 - 2026)

Franklin Resources (BEN) reported Operating Expenses of $2.0 billion for Q1 2026, little changed on a YoY basis from $2.0 billion in Q1 2025, and down 3.64% sequentially from $2.0 billion in Q4 2025.

Franklin Resources (BEN) Operating Expenses (2009 - 2026) Analysis & Trends

Franklin Resources (BEN) has 18 years of Operating Expenses data on file, last reported at $2.0 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses changed 0.3% year-over-year to $2.0 billion; the trailing twelve-month figure through Mar 2026 stood at $8.2 billion (down 0.91% YoY), and the FY2025 full-year result was $8.2 billion, up 1.19% from the prior year.
  • Operating Expenses declined to $2.0 billion in Q1 2026, from $2.0 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $2.4 billion in Q3 2024 to a low of $1.6 billion in Q3 2022.
  • A 5-year average of $1.9 billion and a median of $1.9 billion in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 43.34% in 2024 and declined 4.39% in 2025, its largest moves.
  • Tracing BEN's Operating Expenses over 5 years: stood at $1.8 billion in 2022, then grew by 0.65% to $1.8 billion in 2023, then climbed by 13.9% to $2.0 billion in 2024, then grew by 0.66% to $2.0 billion in 2025, then retreated by 3.64% to $2.0 billion in 2026.
  • Business Quant data shows BEN's Operating Expenses at $2.0 billion in Q1 2026, $2.0 billion in Q4 2025, and $2.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -14.14 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 3.88 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 2.26 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 4.68 Bn
5 State Street 51.30 Bn 51.30 Bn - 2.81 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 1.51 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 3.12 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 1.18 Bn
10 Franklin Resources 16.77 Bn 17.07 Bn - 1.97 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.97 Bn
Dec 31, 2025 2.05 Bn
Sep 30, 2025 2.26 Bn
Jun 30, 2025 1.91 Bn
Mar 31, 2025 1.97 Bn
Dec 31, 2024 2.03 Bn
Sep 30, 2024 2.36 Bn
Jun 30, 2024 1.90 Bn
Mar 31, 2024 2.02 Bn
Dec 31, 2023 1.78 Bn
Sep 30, 2023 1.65 Bn
Jun 30, 2023 1.65 Bn
Mar 31, 2023 1.67 Bn
Dec 31, 2022 1.77 Bn
Sep 30, 2022 1.59 Bn
Jun 30, 2022 1.63 Bn
Mar 31, 2022 1.62 Bn
Dec 31, 2021 1.67 Bn
Sep 30, 2021 1.65 Bn
Jun 30, 2021 1.69 Bn