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
DateValue
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