Beneficient (BENF) Operating Income (2021 - 2025)
Beneficient recorded quarterly Operating Income of $3.9 million in Q4 2025, up 122.08% quarter-over-quarter from -$17.9 million in Q3 2025, and up 141.46% year-over-year from $1.6 million in Q4 2024.
Beneficient's Operating Income history runs 5 years deep, the most recent figure standing at $3.9 million for Q4 2025.
- In Q4 2025, Operating Income rose 141.46% year-over-year to $3.9 million; the TTM figure through Dec 2025 stood at -$68.7 million (up 93.94% YoY), while the FY2025 annual figure was -$24.2 million, up 99.09% from the prior year.
- Operating Income came in at $3.9 million for Q4 2025 at Beneficient, up from -$17.9 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 -$242.8 million and a median of -$59.1 million in 2022 frame the typical range for Operating Income.
- Across the five-year window, Operating Income sank 1244.92% in 2023 and soared 141.46% in 2025, its largest moves.
- Beneficient's Operating Income stood at -$23.2 million in 2021, then slumped by 214.15% to -$73.0 million in 2022, then plunged by 1154.73% to -$916.0 million in 2023, then jumped by 98.96% to -$9.5 million in 2024, then jumped by 141.46% to $3.9 million in 2025.
- According to Business Quant data, Operating Income over the past three periods registered $3.9 million, -$17.9 million, and -$45.3 million for Q4 2025, Q3 2025, and Q1 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 2.81 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 1.99 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 79.00 Mn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 901.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Beneficient | 92.13 Mn | 118.57 Mn | - | 3.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -73.00 Mn |
| Jun 30, 2022 | -85.95 Mn |
| Mar 31, 2021 | -23.24 Mn |