Franklin Resources (BEN) Research & Development (2009 - 2026)
Franklin Resources (BEN) reported Research & Development of $544.0 million for Q1 2026, up 242.79% on a YoY basis from $158.7 million in Q1 2025, and up 0.57% sequentially from $540.9 million in Q4 2025.
Franklin Resources (BEN) Research & Development (2009 - 2026) Analysis & Trends
Franklin Resources (BEN) has 18 years of Research & Development data on file, last reported at $544.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 242.79% year-over-year to $544.0 million; the trailing twelve-month figure through Mar 2026 stood at $718.1 million (up 1344.87% YoY), and the FY2025 full-year result was $643.6 million, up 3.79% from the prior year.
- Research & Development improved to $544.0 million in Q1 2026, from $540.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $544.0 million in Q1 2026 to a low of -$932.6 million in Q3 2022.
- A 5-year average of $75.0 million and a median of $158.7 million in 2025 frame the typical range for Research & Development.
- Peak annual rise in Research & Development reached 310.55% in 2022, while the deepest fall reached 153.29% in 2022.
- Tracing BEN's Research & Development over 5 years: stood at $388.6 million in 2022, then climbed by 3.14% to $400.8 million in 2023, then slumped by 61.08% to $156.0 million in 2024, then soared by 246.73% to $540.9 million in 2025, then grew by 0.57% to $544.0 million in 2026.
- Business Quant data shows BEN's Research & Development at $544.0 million in Q1 2026, $540.9 million in Q4 2025, and -$847.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | - |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 637.00 Mn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | - |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 75.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Franklin Resources | 16.77 Bn | 17.07 Bn | - | 544.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 544.00 Mn |
| Dec 31, 2025 | 540.90 Mn |
| Sep 30, 2025 | -847.50 Mn |
| Jun 30, 2025 | 480.70 Mn |
| Mar 31, 2025 | 158.70 Mn |
| Dec 31, 2024 | 156.00 Mn |
| Sep 30, 2024 | -746.10 Mn |
| Jun 30, 2024 | 481.10 Mn |
| Mar 31, 2024 | 484.30 Mn |
| Dec 31, 2023 | 400.80 Mn |
| Sep 30, 2023 | -697.00 Mn |
| Jun 30, 2023 | 127.30 Mn |
| Mar 31, 2023 | 128.00 Mn |
| Dec 31, 2022 | 388.60 Mn |
| Sep 30, 2022 | -932.60 Mn |
| Jun 30, 2022 | 125.90 Mn |
| Mar 31, 2022 | 482.40 Mn |
| Dec 31, 2021 | 510.10 Mn |
| Sep 30, 2021 | 1.75 Bn |
| Jun 30, 2021 | 531.00 Mn |