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Beneficient BENF Ben Markets — Loss on impairment of goodwill

Other segment segments

Ben Custody
$0
Ben Insurance
$0
Ben Liquidity
$0

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Other financials

Income statement

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Revenue$18.7M+322%
Operating income$3.9M+141%
Net income$19.9M+331%
EPS (diluted)-$0.49+26.5%

Balance sheet

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Cash & equivalents$7.9M+87.3%
Total debt$100.3M-16.6%
Total equity-$128.6M-1,002%
Total assets$337.9M-15.5%

Cash flow

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Operating cash flow-$9.4M+6.3%
CapEx$96.0K-85.5%
Free cash flow-$9.4M+6.7%

Valuation

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Market cap$52.86M+2,018%
Enterprise value$145.33M+40.6%

Profitability

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Operating margin548.5%-323pp
Net margin517.9%-235pp
FCF margin156.8%-40.4pp

Returns & leverage

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Return on equity-1,647.1%-2,080pp
Debt / equity8.4×-23.8×

Where this comes from

Reported directly by Beneficient in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Beneficient’s 10-Q, filed February 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Beneficient's ben markets — loss on impairment of goodwill?
Beneficient (BENF) reported ben markets — loss on impairment of goodwill of $0 in Q4 2025.
What does ben markets — loss on impairment of goodwill mean?
This metric measures the non-cash charge recognized when the carrying amount of goodwill within the Ben Markets segment exceeds its implied fair value. A significant impairment charge indicates that the expected future economic benefits of previous acquisitions have declined, signaling potential challenges in the segment's market position or profitability. Investors use this to evaluate the accuracy of past valuation assumptions and the current health of the segment's business model.