Beneficient income statement
In fiscal 2026, Beneficient reported revenue of −$39.1m, up 392.6% on the year before and net income of −$87.4m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2021Dec 2020 | 2022Dec 2021 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 140 | 55 | −105 | −99 | −8 | −39 | −14 |
| Operating income | −47 | −71 | −253 | −2,649 | −24 | −167 | −74 |
| Interest expense | 33 | 27 | 15 | 18 | — | — | — |
| Provision for credit losses | — | — | — | — | 1 | 1 | — |
| Income before tax | −47 | −105 | −253 | −2,657 | −1 | −165 | — |
| Income tax | 3 | 0 | −1 | 1 | 0 | 0 | 0 |
| Net income | −58 | −63 | −131 | −2,096 | 51 | −87 | −29 |
| Diluted EPS | −$1.27 | −$1.84 | −$1.94 | — | — | — | — |
| Diluted shares (average) | 46m | 52m | 67m | — | — | — | — |
| EBITDA | −46 | −69 | −250 | −2,645 | −22 | −166 | −74 |
| Quarter | 2025 Q2Sept 2024 | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9 | 4 | −31 | −13 | −3 | 19 | −42 | 12 |
| Operating income | −14 | −10 | −45 | −93 | −18 | 4 | −60 | −0 |
| Income before tax | 10 | −10 | −45 | −93 | −18 | 6 | −60 | — |
| Income tax | 0 | 1 | −1 | 0 | 0 | 0 | 0 | 0 |
| Net income | 13 | −9 | −1 | −65 | −4 | 20 | −39 | −7 |
| EBITDA | −13 | −9 | −45 | −92 | −18 | 4 | −60 | −0 |
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