Franklin Resources income statement
In fiscal 2025, Franklin Resources reported revenue of $8.77bn, up 3.5% on the year before, operating income of $604m (a 6.9% margin) and net income of $525m, or $0.91 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Sept 2009 | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,194 | 5,853 | 7,140 | 7,101 | 7,985 | 8,491 | 7,949 | 6,618 | 6,392 | 6,319 | 5,775 | 5,567 | 8,426 | 8,275 | 7,849 | 8,478 | 8,771 | 9,324 |
| Selling and marketing | 1,553 | 2,283 | 2,713 | 2,740 | 3,042 | 3,088 | 2,762 | 2,210 | 2,131 | 2,040 | 1,820 | 1,703 | 2,106 | 1,846 | 1,613 | 1,863 | 2,011 | 2,160 |
| General and administrative | 206 | 235 | 232 | 278 | 312 | 360 | 349 | 340 | 322 | 372 | 391 | 450 | 537 | 565 | 565 | 703 | 775 | 919 |
| Operating income | 1,203 | 1,959 | 2,660 | 2,515 | 2,921 | 3,221 | 3,028 | 2,366 | 2,264 | 2,028 | 1,467 | 1,049 | 1,875 | 1,774 | 1,102 | 408 | 604 | 906 |
| Interest expense | 4 | 17 | 37 | 37 | 47 | 47 | 40 | 50 | 52 | 46 | 22 | 33 | 85 | 98 | 124 | 97 | 95 | 89 |
| Provision for credit losses | 6 | 3 | 4 | 5 | −0 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | 1,289 | 2,070 | 2,624 | 2,678 | 3,027 | 3,410 | 3,028 | 2,500 | 2,549 | 2,215 | 1,648 | 1,018 | 2,444 | 1,729 | 1,338 | 823 | 787 | 1,523 |
| Income tax | 384 | 618 | 803 | 763 | 856 | 998 | 924 | 742 | 759 | 1,473 | 442 | 231 | 350 | 396 | 312 | 215 | 238 | 386 |
| Net income | 897 | 1,446 | 1,924 | 1,931 | 2,150 | 2,384 | 2,035 | 1,727 | 1,697 | 764 | 1,196 | 799 | 1,831 | 1,292 | 883 | 465 | 525 | 813 |
| Diluted EPS | $1.28 | $2.11 | $2.87 | $2.98 | $3.37 | $3.79 | $3.29 | $2.94 | $3.01 | $1.39 | $2.35 | $1.59 | $3.57 | $2.53 | $1.72 | $0.85 | $0.91 | $1.57 |
| Diluted shares (average) | 694m | 682m | 666m | 643m | 634m | 625m | 615m | 584m | 559m | 538m | 504m | 492m | 491m | 489m | 491m | 510m | 517m | 517m |
| EBITDA | 1,264 | 2,026 | 2,731 | 2,583 | 2,998 | 3,304 | 3,109 | 2,447 | 2,346 | 2,103 | 1,546 | 1,123 | 1,954 | 1,870 | 1,207 | 524 | 729 | 1,027 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,211 | 2,252 | 2,111 | 2,064 | 2,344 | 2,327 | 2,295 | 2,358 |
| Selling and marketing | 497 | 512 | 498 | 481 | 520 | 541 | 544 | 555 |
| General and administrative | 196 | 185 | 183 | 184 | 223 | 196 | 188 | 313 |
| Operating income | −151 | 219 | 146 | 154 | 85 | 281 | 323 | 216 |
| Interest expense | 25 | 23 | 21 | 26 | 25 | 20 | 20 | 24 |
| Income before tax | −46 | 313 | 43 | 177 | 254 | 452 | 446 | 371 |
| Income tax | 10 | 81 | 31 | 60 | 66 | 105 | 99 | 116 |
| Net income | −85 | 164 | 151 | 92 | 118 | 256 | 268 | 172 |
| Diluted EPS | −$0.18 | $0.29 | $0.26 | $0.15 | $0.21 | $0.46 | $0.49 | $0.31 |
| EBITDA | −121 | 249 | 176 | 188 | 117 | 310 | 353 | 248 |
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