Franklin Templeton (BEN) Operating Expenses (2009 - 2026)
Franklin Templeton (BEN) recorded Operating Expenses of $2.14 billion in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 12.2% from $1.91 billion a year earlier and up 8.7% from the prior quarter.
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Analysis
Franklin Templeton (BEN) Operating Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Franklin Templeton's Operating Expenses came in at $8.42 billion as of Jun 30, 2026, up 1.8% year-over-year; for FY2025 (ended Sep 30, 2025), it was $8.17 billion, up 1.2% from FY2024.
- Annual Operating Expenses has increased for three straight fiscal years, with a five-year compound annual growth rate of 12.6% (FY2020 to FY2025).
- Across earlier fiscal years, Operating Expenses came in at $8.07 billion in FY2024 (+19.6%), $6.75 billion in FY2023 (+3.8%), $6.5 billion in FY2022 (-0.7%) and $6.55 billion in FY2021 (+45.0%).
- Quarterly Operating Expenses has ranged from $1.59 billion in fiscal Q4 2022 to $2.36 billion in fiscal Q4 2024 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for three consecutive quarters, with growth averaging 8.0% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 43.3% in fiscal Q4 2024, against a decline of 4.4% in fiscal Q4 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $1.97 billion (Q2 2026), $2.05 billion (Q1 2026) and $2.26 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.13 Bn | 110.49 Bn | - | 4.62 Bn |
| 2 | Spdr Gold Trust | 133.82 Bn | -424.18 Bn | - | 149.76 Mn |
| 3 | Blackstone | 84.08 Bn | 79.01 Bn | - | 2.38 Bn |
| 4 | Brookfield | 82.97 Bn | -82.41 Bn | 4.47 Bn | 14.94 Bn |
| 5 | Kkr | 81.05 Bn | 47.53 Bn | - | 5.41 Bn |
| 6 | Brookfield Asset Management | 71.64 Bn | 67.88 Bn | - | 659.00 Mn |
| 7 | Apollo Global Management | 65.67 Bn | 3.35 Bn | 10.56 Bn | 8.74 Bn |
| 8 | Wheaton Precious Metals | 61.89 Bn | 57.32 Bn | 687.86 Mn | 133.83 Mn |
| 9 | Franco Nevada | 46.13 Bn | 43.49 Bn | 451.00 Mn | 7.80 Mn |
| 10 | Franklin Templeton | 16.66 Bn | 7.14 Bn | - | 2.14 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.14 Bn |
| 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 |
API Access
Franklin Templeton Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=BEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "BEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=BEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();