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Franklin Resources BEN Impairment Charges
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Where this comes from
Reported directly by Franklin Resources in its filing.
Tagged under the XBRL concept us-gaap:ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill.
The source filing: Franklin Resources’s 10-Q, filed April 28, 2026.
- Filed
- Apr 28, 2026, 8:36 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000038777-26-000101
| (in millions, except per share data) | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 | Six Months Ended March 31, 2026 | Six Months Ended March 31, 2025 |
|---|---|---|---|---|
| Information systems and technology | 157.6 | 158.7 | 314.6 | 314.7 |
| Occupancy | 67.1 | 69.3 | 133.9 | 144.4 |
| Amortization of intangible assets | 50.6 | 112.5 | 105.7 | 225.1 |
| Impairment of intangible assets | — | 24.4 | — | 24.4 |
| General, administrative and other | 187.6 | 182.8 | 383.2 | 368.0 |
| Total operating expenses | 1,971.6 | 1,965.8 | 4,017.7 | 3,998.4 |
| Operating Income | 323.3 | 145.6 | 604.3 | 364.6 |
| Other Income (Expenses) |
Item 1. Financial Statements.
FAQ
- What is Franklin Resources's impairment charges?
- Franklin Resources (BEN) reported impairment charges of $0 in Q1 2026.
- How has Franklin Resources's impairment charges changed year-over-year?
- Franklin Resources's impairment charges decreased by 100.0% year-over-year, from $24.4M to $0.
- What does impairment charges mean?
- Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.
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