Franklin Resources (BEN) Operating Expenses (2009 - 2026)
Franklin Resources recorded quarterly Operating Expenses of $2.0 billion in Q1 2026, down 3.64% quarter-over-quarter from $2.0 billion in Q4 2025, and little changed year-over-year from $2.0 billion in Q1 2025.
Franklin Resources' Operating Expenses history runs 18 years deep, the most recent figure standing at $2.0 billion for Q1 2026.
- In Q1 2026, Operating Expenses changed 0.3% year-over-year to $2.0 billion; the TTM figure through Mar 2026 stood at $8.2 billion (down 0.91% YoY), while the FY2025 annual figure was $8.2 billion, up 1.19% from the prior year.
- Operating Expenses came in at $2.0 billion for Q1 2026 at Franklin Resources, down 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 surged 43.34% in 2024 and fell 4.39% in 2025, its largest moves.
- Franklin Resources' Operating Expenses stood at $1.8 billion in 2022, then rose by 0.65% to $1.8 billion in 2023, then increased by 13.9% to $2.0 billion in 2024, then rose by 0.66% to $2.0 billion in 2025, then slipped by 3.64% to $2.0 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.0 billion, $2.0 billion, and $2.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 3.88 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 2.26 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 3.87 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 733.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 4.68 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 2.81 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 3.67 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 1.51 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 1.17 Bn |
| 10 | Franklin Resources | 16.04 Bn | 17.45 Bn | 1.75 Bn | 1.97 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 1.62 Bn |
| Dec 31, 2020 | 1.59 Bn |
| Sep 30, 2020 | 1.60 Bn |
| Jun 30, 2020 | 928.60 Mn |
| Mar 31, 2020 | 971.30 Mn |
| Dec 31, 2019 | 1.02 Bn |
| Sep 30, 2019 | 1.05 Bn |
| Jun 30, 2019 | 1.10 Bn |
| Mar 31, 2019 | 1.05 Bn |
| Dec 31, 2018 | 1.00 Bn |
| Sep 30, 2018 | 1.02 Bn |
| Jun 30, 2018 | 1.06 Bn |
| Mar 31, 2018 | 1.06 Bn |
| Dec 31, 2017 | 1.03 Bn |
| Sep 30, 2017 | 1.06 Bn |
| Jun 30, 2017 | 1.05 Bn |
| Mar 31, 2017 | 1.05 Bn |
| Dec 31, 2016 | 973.90 Mn |
| Sep 30, 2016 | 1.03 Bn |
| Jun 30, 2016 | 1.04 Bn |
| Mar 31, 2016 | 1.08 Bn |
| Dec 31, 2015 | 1.10 Bn |
| Sep 30, 2015 | 1.16 Bn |
| Jun 30, 2015 | 1.23 Bn |
| Mar 31, 2015 | 1.25 Bn |
| Dec 31, 2014 | 1.28 Bn |
| Sep 30, 2014 | 1.32 Bn |
| Jun 30, 2014 | 1.34 Bn |
| Mar 31, 2014 | 1.31 Bn |
| Dec 31, 2013 | 1.30 Bn |
| Sep 30, 2013 | 1.25 Bn |
| Jun 30, 2013 | 1.31 Bn |
| Mar 31, 2013 | 1.28 Bn |
| Dec 31, 2012 | 1.22 Bn |
| Sep 30, 2012 | 1.19 Bn |
| Jun 30, 2012 | 1.14 Bn |
| Mar 31, 2012 | 1.18 Bn |
| Dec 31, 2011 | 1.07 Bn |
| Sep 30, 2011 | 1.15 Bn |
| Jun 30, 2011 | 1.17 Bn |
| Mar 31, 2011 | 1.12 Bn |
| Dec 31, 2010 | 1.04 Bn |
| Sep 30, 2010 | 1.02 Bn |
| Jun 30, 2010 | 1.01 Bn |
| Mar 31, 2010 | 951.98 Mn |
| Dec 31, 2009 | 910.43 Mn |
| Sep 30, 2009 | 854.21 Mn |
| Jun 30, 2009 | 747.37 Mn |
| Mar 31, 2009 | 688.95 Mn |