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Beneficient BENF Net gains (losses) on investments

Net gains (losses) on investments at other companies

Hamilton Lane logo
Hamilton LaneHLNE
$413K-95.3%
CTB
Community Trust BancorpCTBI
-$488K-202%
UMB Financial logo
UMB FinancialUMBF
$3.05M+164%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$0
LCNB logo
LCNBLCNB
-$22K-257%
Provident Financial Services logo
Provident Financial ServicesPFS
$0-100%

Segments

By segment

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Ben Custody$0
Ben Liquidity$0

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:GainLossOnInvestments.

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 net gains (losses) on investments?
Beneficient (BENF) reported net gains (losses) on investments of $43.85M in Q4 2025.
How has Beneficient's net gains (losses) on investments changed year-over-year?
Beneficient's net gains (losses) on investments increased by 8483.4% year-over-year, from -$523K to $43.85M.
What is the long-term trend for Beneficient's net gains (losses) on investments?
Over 2 years (2023 to 2025), Beneficient's net gains (losses) on investments has grown at a -80.0% compound annual growth rate (CAGR), from -$56.1M to -$2.24M.
What does net gains (losses) on investments mean?
Realized and unrealized gains/losses on investments removed from operating cash flow since they're investing-related.