Beneficient (BENF) Free Cash Flow (2021 - 2025)
Beneficient's (BENF) quarterly Free Cash Flow came in at -$9.4 million in Q4 2025, up 6.65% year-on-year from -$8.8 million in Q4 2024, and up 35.48% quarter-over-quarter from -$14.5 million in Q3 2025.
Beneficient (BENF) Free Cash Flow (2021 - 2025) Analysis & Trends
Beneficient has disclosed Free Cash Flow across 5 years of filings, most recently posting -$9.4 million for Q4 2025.
- Free Cash Flow for Q4 2025 came in at -$9.4 million, up 6.65% year-over-year; the trailing twelve-month figure through Dec 2025 was -$43.4 million (down 10.42% YoY), and the FY2025 annual result was -$38.8 million, up 35.3% from the prior year.
- Free Cash Flow came in at -$9.4 million for Q4 2025 at Beneficient, up from -$14.5 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of -$8.6 million in Q1 2025 to a low of -$61.2 million in Q3 2022.
- The 5-year median for Free Cash Flow is -$12.6 million (2023), against an average of -$17.9 million.
- Across the five-year window, Free Cash Flow surged 77.33% in 2023 and slumped 63.59% in 2025, its largest moves.
- Beneficient's Free Cash Flow stood at -$18.4 million in 2021, then sank by 232.0% to -$61.2 million in 2022, then soared by 63.1% to -$22.6 million in 2023, then jumped by 55.55% to -$10.0 million in 2024, then climbed by 6.65% to -$9.4 million in 2025.
- The last three Free Cash Flow figures came in at -$9.4 million (Q4 2025), -$14.5 million (Q3 2025), and -$10.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | -1.09 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 957.64 Mn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 1.72 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 1.62 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | -12.41 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 430.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | -329.40 Mn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 1.05 Bn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 390.87 Mn |
| 10 | Beneficient | 84.72 Mn | 111.16 Mn | - | -9.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -9.37 Mn |
| Dec 31, 2025 | -9.37 Mn |
| Sep 30, 2025 | -14.53 Mn |
| Sep 30, 2025 | -14.53 Mn |
| Jun 30, 2025 | -10.93 Mn |
| Jun 30, 2025 | -10.93 Mn |
| Mar 31, 2025 | -8.57 Mn |
| Mar 31, 2025 | -8.57 Mn |
| Dec 31, 2024 | -10.04 Mn |
| Dec 31, 2024 | -10.04 Mn |
| Sep 30, 2024 | -8.88 Mn |
| Sep 30, 2024 | -8.88 Mn |
| Jun 30, 2024 | -11.31 Mn |
| Jun 30, 2024 | -11.31 Mn |
| Mar 31, 2024 | -9.08 Mn |
| Mar 31, 2024 | -9.08 Mn |
| Dec 31, 2023 | -22.59 Mn |
| Dec 31, 2023 | -22.59 Mn |
| Sep 30, 2023 | -13.88 Mn |
| Sep 30, 2023 | -13.88 Mn |