Franklin Resources, Inc. announced net income of $171.5 million, or $0.31 per diluted share, for the quarter ended June 30, 2026, compared to $268.2 million, or $0.49 per diluted share, in the previous quarter and $92.3 million, or $0.15 per diluted share, a year earlier. Adjusted net income was $386.3 million, or $0.72 per diluted share, versus $384.5 million, or $0.71, in the prior quarter and $263.4 million, or $0.49, in the same period last year. The company reported long-term net inflows of $18.4 billion, bringing fiscal year-to-date long-term net inflows to $63.3 billion, and assets under management reached a record $1.8 trillion. The company also announced it will change its corporate name to Franklin Templeton, Inc., effective August 17, 2026, with no impact on its stock ticker BEN or capital structure.
Franklin Resources IncAdjusted net income beat expectations and record AUM with strong inflows.