Beneficient (BENF) EBITDA (2021 - 2025)

Beneficient's (BENF) quarterly EBITDA came in at $19.9 million in Q4 2025, up 327.34% year-on-year from $4.7 million in Q4 2024, and up 662.99% quarter-over-quarter from -$3.5 million in Q3 2025.

Beneficient (BENF) EBITDA (2021 - 2025) Analysis & Trends

Beneficient has disclosed EBITDA across 5 years of filings, most recently posting $19.9 million for Q4 2025.

  • EBITDA for Q4 2025 came in at $19.9 million, up 327.34% year-over-year; the trailing twelve-month figure through Dec 2025 was -$49.6 million (down 381.04% YoY), and the FY2025 annual result was $50.9 million, up 102.43% from the prior year.
  • EBITDA came in at $19.9 million for Q4 2025 at Beneficient, up from -$3.5 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $47.6 million in Q2 2024 to a low of -$1.1 billion in Q2 2023.
  • The 5-year median for EBITDA is -$7.8 million (2021), against an average of -$154.0 million.
  • Across the five-year window, EBITDA sank 7103.41% in 2023 and soared 327.34% in 2025, its largest moves.
  • Beneficient's EBITDA stood at -$6.8 million in 2021, then increased by 24.04% to -$5.2 million in 2022, then slumped by 10402.03% to -$542.1 million in 2023, then jumped by 98.38% to -$8.8 million in 2024, then surged by 327.34% to $19.9 million in 2025.
  • The last three EBITDA figures came in at $19.9 million (Q4 2025), -$3.5 million (Q3 2025), and -$65.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 BlackRock 160.20 Bn 150.57 Bn - 2.81 Bn
2 Blackstone 96.40 Bn 95.35 Bn - 1.59 Bn
3 Kkr 85.87 Bn 133.39 Bn - 1.99 Bn
4 Apollo Global Management 79.90 Bn 98.63 Bn 5.04 Bn 79.00 Mn
5 State Street 46.62 Bn 20.95 Bn - 2.79 Bn
6 Ameriprise Financial 42.78 Bn 42.65 Bn 4.57 Bn 901.00 Mn
7 Northern Trust 32.35 Bn 32.35 Bn - 2.28 Bn
8 Ares Management 30.25 Bn 33.62 Bn - 363.68 Mn
9 Raymond James Financial 30.24 Bn 18.99 Bn - 524.00 Mn
10 Beneficient 83.98 Mn 110.42 Mn - 19.91 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 19.91 Mn
Sep 30, 2025 -3.54 Mn
Jun 30, 2025 -65.08 Mn
Mar 31, 2025 -943,000.00
Dec 31, 2024 -8.76 Mn
Sep 30, 2024 12.94 Mn
Jun 30, 2024 47.65 Mn
Mar 31, 2024 -62.15 Mn
Dec 31, 2023 -542.12 Mn
Sep 30, 2023 -371.84 Mn
Jun 30, 2023 -1.12 Bn
Sep 30, 2022 -5.16 Mn
Jun 30, 2022 -53.97 Mn
Mar 31, 2021 -6.80 Mn