Beneficient (BENF) Operating Income (2021 - 2026)
Beneficient's (BENF) quarterly Operating Income came in at -$59.9 million in Q1 2026, down 32.34% year-over-year from -$88.6 million in Q1 2025, and down 1619.88% quarter-over-quarter from $3.9 million in Q4 2025.
Analysis
Beneficient (BENF) Operating Income (2021 - 2026) Analysis & Trends
Beneficient has disclosed Operating Income across 6 years of filings, most recently posting -$59.9 million for Q1 2026.
- In Q1 2026, Operating Income fell 32.34% year-over-year to -$59.9 million; the TTM figure through Mar 2026 stood at -$119.2 million (up 54.76% YoY), while the FY2026 annual figure was -$166.5 million, down 588.49% from the prior year.
- Operating Income came in at -$59.9 million for Q1 2026 at Beneficient, down 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.
- Average Operating Income over 5 years is -$253.0 million, with a median of -$72.9 million recorded in 2022.
- Year-over-year, Operating Income sank 1244.92% in 2023 and soared 141.46% in 2025.
- Over 5 years, Operating Income stood at -$159.0 million in 2022, then tumbled by 476.25% to -$916.0 million in 2023, then soared by 98.96% to -$9.5 million in 2024, then soared by 141.46% to $3.9 million in 2025, then plunged by 1619.88% to -$59.9 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were -$59.9 million in Q1 2026, $3.9 million in Q4 2025, and -$17.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.68 Bn | 43.68 Bn | 4.68 Bn | 840.19 Mn |
| 2 | Royalty Pharma | 26.58 Bn | 25.74 Bn | - | 133.12 Mn |
| 3 | Royal Gold | 21.78 Bn | 21.60 Bn | 390.45 Mn | 279.94 Mn |
| 4 | OR Royalties | 6.80 Bn | 6.72 Bn | 82.22 Mn | 75.32 Mn |
| 5 | Encore Capital | 2.11 Bn | 1.92 Bn | 455.04 Mn | 186.90 Mn |
| 6 | Atlanticus Holdings | 1.40 Bn | 843.44 Mn | 686.46 Mn | 528.89 Mn |
| 7 | Jefferson Capital | 1.18 Bn | 1.16 Bn | - | 81.43 Mn |
| 8 | Upbound | 1.06 Bn | 959.36 Mn | 594.84 Mn | 54.26 Mn |
| 9 | Lufax Holding | 1.05 Bn | -1.58 Bn | - | - |
| 10 | Beneficient | 2.66 Mn | -2.94 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |