secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN RESOURCES INC (BEN)
CIK:        0000038777
Form:       8-K
Filed at:   2025-11-07T23:59:59+00:00
Accession:  0000038777-25-000234
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/38777/000003877725000234/0000038777-25-000234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/38777/000003877725000234/ben-20251107.htm
  HTML page:      https://secwatch.observer/filing/0000038777-25-000234

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer