Growth Metrics

Beneficient (BENFW) Income from Non-Controlling Interests (2021 - 2025)

Beneficient recorded quarterly Income from Non-Controlling Interests of -$18.7 million in Q4 2025, up 1.23% quarter-over-quarter from -$19.0 million in Q3 2025, and down 208.39% year-over-year from $17.3 million in Q4 2024.

Beneficient's Income from Non-Controlling Interests history runs 5 years deep, the most recent figure standing at -$18.7 million for Q4 2025.

  • In Q4 2025, Income from Non-Controlling Interests fell 208.39% year-over-year to -$18.7 million; the TTM figure through Dec 2025 stood at -$118.3 million (up 23.68% YoY), while the FY2025 annual figure was -$69.8 million, up 87.95% from the prior year.
  • Income from Non-Controlling Interests came in at -$18.7 million for Q4 2025 at Beneficient, up from -$19.0 million in the prior quarter.
  • In the past five years, Income from Non-Controlling Interests ranged from a high of -$6.1 million in Q4 2024 to a low of -$386.9 million in Q4 2023.
  • A 5-year average of -$60.1 million and a median of -$25.6 million in 2025 frame the typical range for Income from Non-Controlling Interests.
  • Across the five-year window, Income from Non-Controlling Interests soared 98.43% in 2024 and slumped 317.43% in 2025, its largest moves.
  • Beneficient's Income from Non-Controlling Interests stood at -$12.8 million in 2021, then tumbled by 466.17% to -$72.7 million in 2022, then sank by 432.59% to -$386.9 million in 2023, then jumped by 98.43% to -$6.1 million in 2024, then plunged by 208.39% to -$18.7 million in 2025.
  • According to Business Quant data, Income from Non-Controlling Interests over the past three periods registered -$18.7 million, -$19.0 million, and -$32.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inc. Minority (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 108.00 Mn
2 Blackstone 92.68 Bn 91.63 Bn - 117.37 Mn
3 Kkr 84.94 Bn 132.45 Bn - -126.74 Mn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 69.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 495.00 Mn
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn -
8 Northern Trust 31.21 Bn 31.21 Bn - -
9 Ares Management 28.85 Bn 32.22 Bn - -1.11 Mn
10 Beneficient - - - -18.74 Mn

Historic Data

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DateValue
Dec 31, 2025 -18.74 Mn
Sep 30, 2025 -18.97 Mn
Jun 30, 2025 -32.20 Mn
Mar 31, 2025 -48.41 Mn
Dec 31, 2024 -6.08 Mn
Sep 30, 2024 -7.59 Mn
Jun 30, 2024 -7.71 Mn
Mar 31, 2024 -133.65 Mn
Dec 31, 2023 -386.94 Mn
Sep 30, 2023 -14.20 Mn
Jun 30, 2023 -44.55 Mn
Sep 30, 2022 -72.65 Mn
Jun 30, 2022 -36.25 Mn
Mar 31, 2021 -12.83 Mn