BEN

EX-99.1

4 exhibit991q3fy26.htm

EX-99.1

Document

EXHIBIT 99.1

Contact:Franklin Resources, Inc.

Investor Relations: Selene Oh (650) 312-4091, selene.oh@franklintempleton.com

Media Relations: Jeaneen Terrio (212) 632-4005, jeaneen.terrio@franklintempleton.com

investors.franklinresources.com

FOR IMMEDIATE RELEASE

Franklin Resources, Inc. Announces Third Quarter Results

San Mateo, CA, July 31, 2026 – Franklin Resources, Inc. (the “Company”) [NYSE: BEN] today announced net income1 of $171.5 million or $0.31 per diluted share for the quarter ended June 30, 2026, as compared to $268.2 million or $0.49 per diluted share for the previous quarter, and $92.3 million or $0.15 per diluted share for the quarter ended June 30, 2025. Operating income was $215.8 million for the quarter ended June 30, 2026, as compared to $323.3 million for the previous quarter and $154.1 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 income2 was $386.3 million and adjusted diluted earnings per share2 was $0.72 for the quarter ended June 30, 2026, as compared to $384.5 million and $0.71 for the previous quarter, and $263.4 million and $0.49 for the quarter ended June 30, 2025. Adjusted operating income2 was $508.9 million for the quarter ended June 30, 2026, as compared to $474.6 million for the previous quarter and $377.8 million for the prior year.

“Our third quarter results reflect the successful execution of our strategy and the strength of Franklin Templeton's diversified global platform," said Jenny Johnson, Chief Executive Officer of Franklin Resources, Inc. "We delivered $18.4 billion in long-term net inflows across public and private assets, bringing fiscal year-to-date long-term net inflows to $63.3 billion. During the quarter, we generated positive net flows across every asset class and geography, demonstrating the breadth of our investment capabilities and the strength of our global distribution platform. Assets under management grew to a record $1.8 trillion. These results reinforce that our strategy is driving broad-based growth across the business.

"Our momentum continues to build across asset classes, investment vehicles and geographies. Alternative AUM reached a record $294.2 billion as we fundraised $11.8 billion, including $10.3 billion in private market strategies, across secondary private equity, alternative credit, real estate and venture capital. Fiscal year-to-date private markets fundraising reached $33.0 billion, exceeding our fiscal year target with one quarter still to go. Demand also remained strong across ETFs, retail SMAs and Canvas, our custom portfolio solutions platform, while our institutional won-but-unfunded pipeline grew to a record $28.6 billion. International markets reached a record approximately $525 billion in AUM.

"This activity reflects a broader shift in client demand. Investors are increasingly seeking partners that can deliver integrated solutions across public and private assets. We remain focused on executing our strategy by investing in new capabilities, deepening client relationships and expanding our platform, while maintaining a disciplined approach to capital allocation. This quarter, we returned $521.5 million to shareholders, including $348.1 million in share repurchases. Our balance sheet provides the financial flexibility to invest in future growth, pursue strategic opportunities and continue returning capital to shareholders. We believe this positions Franklin Templeton to deliver sustainable organic growth and create long-term value for our clients, shareholders and employees."

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Quarter Ended% ChangeQuarter Ended% Change

30-Jun-2631-Mar-26Qtr. vs. Qtr.30-Jun-25Year vs. Year

Financial Results

(in millions, except per share data)

Operating revenues$2,358.4 $2,294.9 3%$2,064.0 14%

Operating income 215.8 323.3 (33%)154.1 40%

Operating margin9.2%14.1%7.5%

Net income1 $171.5 $268.2 (36%)$92.3 86%

Diluted earnings per share 0.31 0.49 (37%)0.15 107%

As adjusted (non-GAAP):2

Adjusted operating income$508.9 $474.6 7%$377.8 35%

Adjusted operating margin28.0%27.1%23.7%

Adjusted net income$386.3 $384.5 0%$263.4 47%

Adjusted diluted earnings per share0.72 0.71 1%0.49 47%

Assets Under Management

(in billions)

Ending$1,791.6 $1,682.1 7%$1,611.8 11%

Average3 1,750.0 1,701.6 3%1,565.2 12%

Long-term net flows18.4 16.9 (9.3)

Total AUM was $1,791.6 billion at June 30, 2026, up $109.5 billion during the quarter due to the positive impact of $98.0 billion of net market change, distributions, and other and $18.4 billion of long-term net inflows, inclusive of $1.1 billion of long-term net outflows at Western, partially offset by $7.0 billion of cash management net outflows. Long-term net inflows for the quarter include $4.1 billion of long-term reinvested distributions.

Cash and cash equivalents and inv

EX-99.1

2 exhibit991q2fy26.htm

EX-99.1

Document

EXHIBIT 99.1

Contact:Franklin Resources, Inc.

Investor Relations: Selene Oh (650) 312-4091, selene.oh@franklintempleton.com

Media Relations: Jeaneen Terrio (212) 632-4005, jeaneen.terrio@franklintempleton.com

investors.franklinresources.com

FOR IMMEDIATE RELEASE

Franklin Resources, Inc. Announces Second Quarter Results

San Mateo, CA, April 28, 2026 – Franklin Resources, Inc. (the “Company”) [NYSE: BEN] today announced net income1 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 income2 was $384.5 million and adjusted diluted earnings per share2 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. “We saw improved gross sales across all asset classes, and importantly, positive long-term net flows in every region, demonstrating the impact of our local client engagement and global reputation.

“In the second quarter, long-term inflows were $118 billion and, excluding reinvested distributions, increased 28% from prior quarter. We fundraised $14.3 billion in alternatives, including $13.2 billion in private market assets, which was diversified across alternative credit, secondary private equity, real estate and venture strategies. Fiscal year-to-date fundraising in private markets reached $22.7 billion. Strong momentum continued in public markets, highlighted by $9.5 billion in multi-asset net inflows, our 19th consecutive quarter of positive flows in that asset class.

“Our platform continues to scale across key growth areas. ETFs and Canvas reached record AUM, generating $4.5 billion and $5.3 billion in net inflows, respectively, with Canvas increasing 27% quarter over quarter. Investment performance remains competitive, supporting both client retention and organic growth, while we continue to manage expenses with discipline and invest in areas of opportunity.

“This quarter underscores the power of our multi-year strategy in action. While markets remain uncertain, our strategy is clear and we’re pleased to be ahead of plan. We are focused on delivering strong investment outcomes, deepening client relationships and continuing to evolve our capabilities to drive sustainable, long-term growth for our clients and shareholders.”

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Quarter Ended% ChangeQuarter Ended% Change

31-Mar-2631-Dec-25Qtr. vs. Qtr.31-Mar-25Year vs. Year

Financial Results

(in millions, except per share data)

Operating revenues$2,294.9 $2,327.1 (1%)$2,111.4 9%

Operating income 323.3 281.0 15%145.6 122%

Operating margin14.1%12.1%6.9%

Net income1 $268.2 $255.5 5%$151.4 77%

Diluted earnings per share 0.49 0.46 7%0.26 88%

As adjusted (non-GAAP):2

Adjusted operating income$474.6 $437.3 9%$377.2 26%

Adjusted operating margin27.1%25.0%23.4%

Adjusted net income$384.5 $378.4 2%$254.4 51%

Adjusted diluted earnings per share0.71 0.70 1%0.47 51%

Assets Under Management

(in billions)

Ending$1,682.1 $1,684.0 0%$1,540.6 9%

Average3 1,701.6 1,676.1 2%1,570.5 8%

Long-term net flows16.9 28.0 (26.2)

Total AUM was $1,682.1 billion at March 31, 2026, down $1.9 billion during the quarter due to the negative impact of $30.2 billion of net market change, distributions, and other, partially offset by $16.9 billion of long-term net inflows, inclusive of $4.1 billion of long-term net outflows at Western, and $11.4 billion of cash management net inflows. Long-term net inflows for the quarter include $3.2 billion of long-term reinvested distributions.

Cash and cash equivalents and investments were $5.1 billion and, including the Company’s direct investments in consolidated investment products (“CIPs”), were $6.2 billion4 at March 31, 2026. Total stockholders’ equity was $13.1 billion and the Company had 519.6 million shares of common stock outstanding at March 31, 2026. The Company repurchased 2.3 million shares of its common stock for a total cost of $57.1 million during the quarter ended March 31, 2026.

ben-202601300000038777false00000387772026-01-302026-01-30

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 30, 2026

FRANKLIN RESOURCES, INC.

(Exact name of registrant as specified in its charter)

Delaware001-0931813-2670991 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)

One Franklin Parkway, San Mateo, CA 94403 (Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (650) 312-2000

Not Applicable (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.10 per shareBENNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 2.02 Results of Operations and Financial Condition.

On January 30, 2026, Franklin Resources, Inc. (the “Company”) issued a press release announcing the financial results for the Company’s first fiscal quarter ended December 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 7.01 Regulation FD Disclosure.

The Company also posted a first quarter earnings commentary on its internet website, available via investors.franklinresources.com.

The contents of the Company’s website referenced herein and in the exhibit are not incorporated into this Current Report on Form 8-K. The information in these Items 2.02 and 7.01, including the exhibits hereto, (x) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section and (y) shall not be incorporated by reference into any filing of the Company with the Securities and Exchange Commission, whether made before or after the date hereof, regardless of any general incorporation language in such filings (unless the Company specifically states that the information or exhibits in this particular report with respect to Item 2.02 or Item 7.01, as the case may be, are incorporated by reference).

Item 9.01 Financial Statements and Exhibits.

(d)    Exhibits.

The exhibits listed on the Exhibit Index are incorporated herein by reference.

Exhibit Index

Exhibit No.Description 99.1 Press Release dated January 30, 2026 issued by Franklin Resources, Inc. Announces First Quarter Results

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FRANKLIN RESOURCES, INC.

Date:January 30, 2026/s/ Matthew Nicholls Matthew Nicholls Co-President, Chief Financial Officer and Chief Operating Officer (Principal Financial Officer)

Date:January 30, 2026/s/ Lindsey H. Oshita

Lindsey H. Oshita

Chief Accounting Officer (Principal Accounting Officer)

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