Franklin Resources (BEN) reports results: Franklin Templeton, Inc. Announces Preliminary Fourth Quarter and Fiscal Year Results

Franklin Resources (BEN) reported preliminary fourth-quarter net income of $380.1 million, or $0.72 per diluted share, up from $171.5 million, or $0.31 per share, in the prior quarter and $117.6 million, or $0.21 per share, a year earlier, with adjusted diluted EPS of $0.94. Full-year net income reached $1,075.3 million, or $1.97 per share, versus $524.9 million, or $0.91 per share, in fiscal 2025, while adjusted net income totaled $1,642.6 million, or $3.07 per share. CEO Jenny Johnson cited $20.8 billion in fourth-quarter long-term net inflows and $84.1 billion for the full year, with positive flows in every quarter across all regions and retail and institutional channels. Assets under management rose 8% year-over-year to $1.8 trillion, with equity, multi-asset and alternatives strategies each posting inflows and record AUM. The results signal improving organic growth and profitability for the asset manager; investors will watch whether the inflow momentum and institutional pipeline of won-but-unfunded mandates convert into sustained fee revenue.