Operating

Amortization of deferred commissions

Franklin Resources Amortization of deferred commissions increased by 11.0% to $25.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 34.6%, from $18.80M to $25.30M. Over 4 years (FY 2021 to FY 2025), Amortization of deferred commissions shows relatively stable performance with a 0.5% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2014
Last reportedQ2 2026Apr 28, 2026

How to read this metric

An increase suggests high historical sales activity, while a decrease may indicate lower new business acquisition or a shift in distribution strategy.

Detailed definition

This reflects the systematic expensing of capitalized sales commissions paid to intermediaries for acquiring new assets...

Peer comparison

Specific to asset management firms; peers with similar distribution models will report comparable amortization schedules.

Metric ID: amortization_of_deferred_commissions

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$20.40M$19.40M$18.40M$16.60M$14.60M$15.20M$12.40M$12.60M$12.20M$12.80M$13.40M$14.90M$15.00M$18.70M$20.20M$18.80M$19.90M$20.90M$22.80M$25.30M
QoQ Change-4.9%-5.2%-9.8%-12.0%+4.1%-18.4%+1.6%-3.2%+4.9%+4.7%+11.2%+0.7%+24.7%+8.0%-6.9%+5.9%+5.0%+9.1%+11.0%
YoY Change-28.4%-21.6%-32.6%-24.1%-16.4%-15.8%+8.1%+18.3%+23.0%+46.1%+50.7%+26.2%+32.7%+11.8%+12.9%+34.6%
Range$12.20M$25.30M
CAGR+4.6%
Avg YoY Growth+7.8%
Median YoY Growth+12.3%
Current Streak4 quarters growth

Frequently Asked Questions

What is Franklin Resources's amortization of deferred commissions?
Franklin Resources (BEN) reported amortization of deferred commissions of $25.30M in Q1 2026.
How has Franklin Resources's amortization of deferred commissions changed year-over-year?
Franklin Resources's amortization of deferred commissions increased by 34.6% year-over-year, from $18.80M to $25.30M.
What is the long-term trend for Franklin Resources's amortization of deferred commissions?
Over 4 years (2021 to 2025), Franklin Resources's amortization of deferred commissions has grown at a 0.5% compound annual growth rate (CAGR), from $78.20M to $79.80M.
What does amortization of deferred commissions mean?
The non-cash expense of spreading out the cost of sales commissions over time.