TLDR
- Franklin Templeton stock jumps 3.45% to $33.32 following strong annual earnings.
- Annual net income more than doubles to $1.08 billion as operating profit surges.
- Assets under management hit a record $1.8 trillion, rising 8% year over year.
- Long-term net inflows reach $84.1 billion, reversing the prior year’s outflows.
- ETF assets surge 73% to $84.6 billion as alternatives and global funds expand.
Franklin Templeton (BEN) shares surged 3.45% to $33.32, gaining $1.11 as strong annual earnings supported bullish momentum. The stock recovered from intraday lows near $31.80 and approached resistance around $33.50 during the session. Meanwhile, the asset manager reported annual net income of $1.08 billion and record assets under management near $1.8 trillion.
Franklin Templeton Annual Net Income Doubles as Quarterly Earnings Jump
Franklin Templeton reported preliminary fiscal 2026 net income of $1.075 billion, more than doubling the previous year’s $524.9 million. Annual diluted earnings per share increased to $1.97 from $0.91, reflecting stronger profitability across its operations. Additionally, annual operating revenue climbed 7% to $9.42 billion, while operating income increased 95% to $1.18 billion.
The company generated fourth-quarter net income of $380.1 million, compared with $117.6 million during the corresponding period last year. Quarterly diluted earnings per share rose to $0.72 from $0.21, representing a 243% annual increase. Furthermore, operating income reached $355.8 million, compared with $85.4 million a year earlier, reflecting substantial earnings growth.
Franklin Templeton also reported adjusted quarterly net income of $493.4 million, up 38% from the previous year. Adjusted earnings per share reached $0.94, while adjusted operating income increased 27% to $598.6 million. Meanwhile, the adjusted operating margin improved to 31.8%, compared with 26% during the corresponding quarter last year.
Franklin Templeton Assets Reach Record $1.8 Trillion Amid Strong Fund Inflows
Franklin Templeton ended September 2026 with $1.795 trillion in assets under management, representing 8% annual growth. The company recorded $84.1 billion in long-term net inflows throughout fiscal 2026, reversing the previous year’s outflows. Furthermore, fourth-quarter long-term inflows reached $20.8 billion, supported by demand across retail and institutional investment channels.
Alternative assets reached $304.6 billion, while the company’s exchange-traded fund assets increased 73% to $84.6 billion. Retail separately managed account assets grew 19% to $196.3 billion, while Canvas assets doubled to $32.6 billion. Additionally, international assets approached $525 billion, supported by $29 billion in annual long-term net inflows across overseas markets.
Franklin Templeton maintained $7.4 billion in cash and investments, including direct holdings in consolidated investment products, at September’s end. The company returned $1.2 billion to shareholders through dividends and share repurchases during fiscal 2026. Moreover, management identified private markets and customized investment solutions as strategic growth priorities entering fiscal 2027.
