Franklin Resources, Inc. earnings overview

BEN FY2026 Q2 · Calendar Q2 2026

Franklin Resources, Inc.

Franklin Resources delivered a strong Q2 FY2026, beating EPS estimates by 29% ($0.71 vs $0.55) and revenue estimates by 2.9% ($1.75B vs $1.70B), driven by $16.9B in net inflows — a 28% sequential increase. The firm continues to execute on three growth pillars: alternatives fundraising ($22.9B this quarter toward a $30B+ annual target), the Canvas tax-optimization platform ($22.9B AUM, ~72% CAGR), and active ETFs ($62B AUM, 45% of the ETF franchise). New initiatives including the 250 Digital acquisition and FranklinCrypto launch extend the firm's reach into digital assets, while the AI-driven Intelligence Hub scales across distribution and operations. Management maintained guidance and reaffirmed its multi-year margin expansion target of >30% by 2027. The stock's 7.3% abnormal move on 2.4x volume, with a further 7.5% subsequent drift, suggests the market viewed the print as a…