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Beneficient BENF Customer ExAlt Trusts — Total revenues

Other segment segments

Ben Liquidity
$8.2M-27.4%
Ben Custody
$2.94M-45.6%

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FMNBTrust — Revenue Not From Contract With Customer Excluding Interest Income
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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:Revenues.

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 customer exalt trusts — total revenues?
Beneficient (BENF) reported customer exalt trusts — total revenues of -$25.47M in Q4 2025.
How has Beneficient's customer exalt trusts — total revenues changed year-over-year?
Beneficient's customer exalt trusts — total revenues decreased by 690.0% year-over-year, from $4.32M to -$25.47M.
What is the long-term trend for Beneficient's customer exalt trusts — total revenues?
Over 2 years (2023 to 2025), Beneficient's customer exalt trusts — total revenues has grown at a -69.5% compound annual growth rate (CAGR), from -$89.04M to -$8.27M.
What does customer exalt trusts — total revenues mean?
The aggregate top-line revenue generated by the Customer ExAlt Trusts segment from all sources, including investment income and service fees. It serves as the primary measure of the segment's overall scale and market activity.