Franklin Resources, Inc. [NYSE: BEN] shares increased in price Tuesday, on second-quarter numbers. The company today announced net income of $268.2 million or $0.49 per diluted share for the quarter ended March 31, 2026, as compared to $255.5 million or $0.46 per diluted share for the previous quarter, and $151.4 million or $0.26 per diluted share for the quarter ended March 31, 2025.
Operating income was $323.3 million for the quarter ended March 31, 2026, as compared to $281.0 million for the previous quarter and $145.6 million for the prior year.
As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles.
Adjusted net income was $384.5 million and adjusted diluted earnings per share was $0.71 for the quarter ended March 31, 2026, as compared to $378.4 million and $0.70 for the previous quarter, and $254.4 million and $0.47 for the quarter ended March 31, 2025. Adjusted operating income2 was $474.6 million for the quarter ended March 31, 2026, as compared to $437.3 million for the previous quarter and $377.2 million for the prior year.
“Franklin Templeton delivered another strong quarter, with $17 billion in long-term net inflows across public and private markets, reflecting the strength of our diversified global platform,” said Jenny Johnson, CEO of Franklin Resources, Inc.
BEN shares grabbed a dollar, or 3.6%, to $28.57.
