---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-25-000016"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2025-01-31T23:59:59+00:00"
generated_at: "2026-05-27T05:00:10.540645+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources Q1 net income $163.6M ($0.29 EPS), down 35% YoY; AUM $1.58T, long-term outflows $50B

## Summary
- Net income $163.6M ($0.29 diluted EPS) vs $251.3M ($0.50) YoY; adjusted EPS $0.59 vs $0.65 YoY.
- Operating revenues $2.25B, up 13% YoY; operating income $219M, up 6% YoY.
- AUM $1.58T, down 6% QoQ; long-term net outflows $50B, driven by $67.9B outflows at Western Asset Management.
- Excluding Western, long-term net inflows $18B; equity, multi-asset, alternatives combined positive $17B.
- Dividend increased to $0.32/share from $0.31; shares repurchased $5.8M.

## SEC filing metadata
- accession: 0000038777-25-000016
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2025-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38777/000003877725000016/0000038777-25-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877725000016/ben-20250131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-25-000016
- JSON: https://secwatch.observer/filing/0000038777-25-000016.json
- Plain text: https://secwatch.observer/filing/0000038777-25-000016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.