Franklin Resources (BEN) Operating Expenses (2009 - 2026)
Franklin Resources (BEN) posted quarterly Operating Expenses of $2.1 billion for Q2 2026, up 12.18% year-over-year from $1.9 billion in Q2 2025, and up 8.67% on a QoQ basis from $2.0 billion in Q1 2026.
Franklin Resources (BEN) Operating Expenses (2009 - 2026) Analysis & Trends
Franklin Resources has reported Operating Expenses for 18 years, with the latest figure at $2.1 billion in Q2 2026.
- Operating Expenses for Q2 2026 came in at $2.1 billion, up 12.18% year-over-year; the trailing twelve-month figure through Jun 2026 was $8.4 billion (up 1.79% YoY), and the FY2025 annual result was $8.2 billion, up 1.19% from the prior year.
- Operating Expenses improved to $2.1 billion in Q2 2026, from $2.0 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $2.4 billion in Q3 2024 and troughed at $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.
- The widest annual swing landed in 2024, when Operating Expenses jumped 43.34%; it then declined 4.39% in 2025.
- A 5-year view of Operating Expenses shows it stood at $1.8 billion in 2022, then gained by 0.65% to $1.8 billion in 2023, then rose by 13.9% to $2.0 billion in 2024, then gained by 0.66% to $2.0 billion in 2025, then increased by 4.72% to $2.1 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $2.1 billion in Q2 2026, $2.0 billion in Q1 2026, and $2.0 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 4.62 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 2.38 Bn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 5.41 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 1.64 Bn |
| 10 | Franklin Resources | 17.52 Bn | 13.81 Bn | - | 2.14 Bn |
Historic Data
Download 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 |