---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-25-000234"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2025-11-07T23:59:59+00:00"
generated_at: "2026-05-16T23:13:35.820471+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Franklin Q4 GAAP net income $117.6M ($0.21); adj EPS $0.67; AUM $1.66T; Western outflow $23.3B

## Summary
- GAAP net income Q4 $117.6M ($0.21 diluted) vs net loss $84.7M (-$0.19) YoY; fiscal year net income $524.9M ($0.91) vs $464.8M ($0.85).
- Adjusted net income Q4 $357.5M ($0.67 diluted) vs $315.2M ($0.59) YoY; FY adjusted net income $1,195.8M ($2.22) vs $1,276.7M ($2.39).
- Revenue Q4 $2.34B up 6% YoY; operating income $85.4M vs operating loss $150.7M YoY.
- AUM $1,661.2B; long-term net outflows $11.9B incl $23.3B Western; ex-Western net inflows $11.4B (8th consecutive quarter).
- Alternative AUM record $270B after Apera acquisition; cash & investments $6.7B; $930M returned to shareholders in FY.

## SEC filing metadata
- accession: 0000038777-25-000234
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2025-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/38777/000003877725000234/0000038777-25-000234-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877725000234/ben-20251107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-25-000234
- JSON: https://secwatch.observer/filing/0000038777-25-000234.json
- Plain text: https://secwatch.observer/filing/0000038777-25-000234.txt

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