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FRANKLIN RESOURCES, INC. FY 2025 10-K, explained in plain English

BEN · 10-K for the period ending September 30, 2025, filed November 10, 2025 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$8.8B
Gross margin— not reported
Operating income$604.1M
Net income$524.9M
Diluted EPS$0.91
Cash & equivalents— not reported
Total assets$32.4B
Long-term debt$2.4B

Key takeaway

Franklin Resources reported $8.77 billion in revenue and net income of $524.9 million, with diluted EPS of $0.91 for fiscal 2025.

🔒 4 more takeaways in the full analysis

Beneath the surface

The $226.6 million intangible impairment charge materially depressed operating income and net income, masking underlying operating performance—without it, income would have been notably higher.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for BEN.

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