Beneficient (BENF) Operating Income (2021 - 2026)

Beneficient (BENF) reported Operating Income of -$59.9 million for Q1 2026, down 32.34% on a YoY basis from -$88.6 million in Q1 2025, and down 1619.88% sequentially from $3.9 million in Q4 2025.

Beneficient (BENF) Operating Income (2021 - 2026) Analysis & Trends

Beneficient (BENF) has 6 years of Operating Income data on file, last reported at -$59.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 32.34% year-over-year to -$59.9 million; the trailing twelve-month figure through Mar 2026 stood at -$119.2 million (up 54.76% YoY), and the FY2026 full-year result was -$166.5 million, down 588.49% from the prior year.
  • Operating Income eased to -$59.9 million in Q1 2026, from $3.9 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $3.9 million in Q4 2025 to a low of -$1.2 billion in Q2 2023.
  • A 5-year average of -$253.0 million and a median of -$72.9 million in 2022 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income plunged 1244.92% in 2023 and surged 141.46% in 2025, its largest moves.
  • Tracing BENF's Operating Income over 5 years: stood at -$159.0 million in 2022, then slumped by 476.25% to -$916.0 million in 2023, then surged by 98.96% to -$9.5 million in 2024, then surged by 141.46% to $3.9 million in 2025, then tumbled by 1619.88% to -$59.9 million in 2026.
  • Business Quant data shows BENF's Operating Income at -$59.9 million in Q1 2026, $3.9 million in Q4 2025, and -$17.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn 32.70 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 2.81 Bn
3 Blackstone 97.77 Bn 96.72 Bn - -
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 54.00 Mn
5 State Street 51.30 Bn 51.30 Bn - -
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 901.00 Mn
7 Northern Trust 32.93 Bn 32.93 Bn - -
8 Raymond James Financial 32.59 Bn 17.67 Bn - -
9 Price T Rowe 24.70 Bn 21.13 Bn - 680.50 Mn
10 Beneficient 11.56 Mn 99.59 Mn - -59.94 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -59.94 Mn
Dec 31, 2025 3.94 Mn
Sep 30, 2025 -17.86 Mn
Mar 31, 2025 -45.30 Mn
Dec 31, 2024 -9.51 Mn
Sep 30, 2024 -13.72 Mn
Mar 31, 2024 -194.86 Mn
Dec 31, 2023 -915.95 Mn
Sep 30, 2023 -381.76 Mn
Jun 30, 2023 -1.16 Bn
Sep 30, 2022 -158.95 Mn
Jun 30, 2022 -85.95 Mn
Mar 31, 2021 -23.24 Mn