Franklin Resources (BEN) Research & Development (2009 - 2026)

Franklin Resources' (BEN) quarterly Research & Development came in at $157.6 million in Q1 2026, down 0.69% year-on-year from $158.7 million in Q1 2025, and little changed quarter-over-quarter from $157.0 million in Q4 2025.

Franklin Resources (BEN) Research & Development (2009 - 2026) Analysis & Trends

Franklin Resources has disclosed Research & Development across 18 years of filings, most recently posting $157.6 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $157.6 million, down 0.69% year-over-year; the trailing twelve-month figure through Mar 2026 was $643.5 million (down 0.8% YoY), and the FY2025 annual result was $643.6 million, up 3.79% from the prior year.
  • Research & Development came in at $157.6 million for Q1 2026 at Franklin Resources, roughly flat from $157.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $177.4 million in Q3 2024 to a low of $121.4 million in Q4 2022.
  • The 5-year median for Research & Development is $155.1 million (2024), against an average of $144.7 million.
  • Across the five-year window, Research & Development surged 38.27% in 2024 and retreated 6.31% in 2025, its largest moves.
  • Franklin Resources' Research & Development stood at $121.4 million in 2022, then gained by 7.91% to $131.0 million in 2023, then grew by 19.08% to $156.0 million in 2024, then rose by 0.64% to $157.0 million in 2025, then increased by 0.38% to $157.6 million in 2026.
  • The last three Research & Development figures came in at $157.6 million (Q1 2026), $157.0 million (Q4 2025), and $166.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - -
2 Blackstone 96.85 Bn 95.80 Bn - -
3 Kkr 86.45 Bn 133.96 Bn - -
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -
5 State Street 46.95 Bn 21.27 Bn - 637.00 Mn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn -
7 Northern Trust 31.92 Bn 31.92 Bn - -
8 Raymond James Financial 30.62 Bn 19.37 Bn - 206.00 Mn
9 Ares Management 29.04 Bn 32.41 Bn - -
10 Franklin Resources 17.12 Bn 18.53 Bn 1.75 Bn 157.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 157.60 Mn
Dec 31, 2025 157.00 Mn
Sep 30, 2025 166.20 Mn
Jun 30, 2025 162.70 Mn
Mar 31, 2025 158.70 Mn
Dec 31, 2024 156.00 Mn
Sep 30, 2024 177.40 Mn
Jun 30, 2024 156.60 Mn
Mar 31, 2024 155.10 Mn
Dec 31, 2023 131.00 Mn
Sep 30, 2023 128.30 Mn
Jun 30, 2023 127.30 Mn
Mar 31, 2023 128.00 Mn
Dec 31, 2022 121.40 Mn
Sep 30, 2022 123.60 Mn
Jun 30, 2022 125.90 Mn
Mar 31, 2022 126.90 Mn
Dec 31, 2021 123.80 Mn
Sep 30, 2021 130.30 Mn
Jun 30, 2021 121.80 Mn