Franklin Templeton reports strong Q4 and FY 2026 results

Item 2.02 Results of Operations and Financial Condition.

On November 6, 2026, Franklin Templeton, Inc. (the "Company") issued a press release announcing the preliminary financial results for the Company's fourth fiscal quarter and fiscal year ended September 30, 2026.^{1 1}A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.¹

Item 7.01 Regulation FD Disclosure.

The Company also posted a fourth quarter and fiscal year earnings commentary on its internet website, available via investors.franklintempleton.com.¹

The contents of the Company's website referenced herein and in the exhibit are not incorporated into this Current Report on Form 8-K.

The information in these Items 2.02 and 7.01, including the exhibits hereto, (x) shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section and (y) shall not be incorporated by reference into any filing of the Company with the Securities and Exchange Commission, whether made before or after the date hereof, regardless of any general incorporation language in such filings² (unless the Company specifically states that the information or exhibits in this particular report with respect to Item 2.02 or Item 7.01, as the case may be, are incorporated by reference).

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

The exhibits listed on the Exhibit Index are incorporated herein by reference.

Exhibit Index

Exhibit No. Description

99.1 Press Release dated November 6 , 2026 issued by Franklin T empleton , Inc. Announces Preliminar y Fourth Quarter a nd Fiscal Year Results

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FRANKLIN TEMPLETON, INC.

Date: November 6, 2026 /s/ Matthew Nicholls

Matthew Nicholls

Co-President, Chief Financial Officer and Chief Operating Officer (Principal Financial Officer)

Date: November 6, 2026 /s/ Lindsey H. Oshita

Lindsey H. Oshita

Chief Accounting Officer (Principal Accounting Officer)

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Contact: Franklin Templeton, Inc.

investors.franklintempleton.com

FOR IMMEDIATE RELEASE

Franklin Templeton, Inc. Announces Preliminary Fourth Quarter and Fiscal Year Results

San Mateo, CA, November 6, 2026 – Franklin Templeton, Inc. (the "Company") [NYSE: BEN] today announced preliminary net income 1 of $380.1 million or $0.72 per diluted share for the quarter ended September 30, 2026, as compared to net income of $171.5 million or $0.31 per diluted share for the previous quarter, and $117.6 million or $0.21 per diluted share for the quarter ended September 30, 2025³. Preliminary net income 1 for the fiscal year ended September 30, 2026 was $1,075.3 million or $1.97 per diluted share⁴, as compared to $524.9 million or $0.91 per diluted share for the prior fiscal year. Preliminary operating income was $355.8 million for the quarter ended September 30, 2026, as compared to operating income of $215.8 million for the previous quarter and $85.4 million for the prior year.

As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles. Preliminary adjusted net income 2 was $493.4 million and preliminary adjusted diluted earnings per share 2 was $0.94 for the quarter ended September 30, 2026⁵, as compared to $386.3 million and $0.72 for the previous quarter, and $357.5 million and $0.67 for the quarter ended September 30, 2025. Preliminary adjusted net income 2 was $1,642.6 million and preliminary adjusted diluted earnings per share 2 was $3.07 for the fiscal year ended September 30, 2026⁶, as compared to $1,195.8 million and $2.22 for the prior fiscal year. Preliminary adjusted operating income 2 was $598.6 million for the quarter ended September 30, 2026, as compared to $508.9 million for the previous quarter and $472.4 million for the prior year⁷.

"Franklin Templeton delivered strong fourth quarter and fiscal year 2026 results, reflecting the momentum across our business and continued execution of our strategy," said Jenny Johnson, Chief Executive Officer of Franklin Templeton, Inc. "We generated $20.8 billion in long-term net inflows during the fourth quarter, bringing full-year long-term net inflows to $84.1 billion, with positive net flows in every quarter this fiscal year across all regions and in both retail and institutional channels. Equity, multi-asset and alternatives each generated net inflows and reached record assets under management, demonstrating the breadth of our investment capabilities and global distribution platform. AUM increased 8% year-over-year to $1.8 trillion, and our institutional pipeline of won-but-unfunded mandates remained strong at $22.0 billion.

"Throughout the fiscal year, we made significant progress in scaling our key growth areas, achieving record AUM across alternatives, ETFs, retail SMAs, Canvas® and our international business. Alternative AUM reached $304.6 billion, with $48.7 billion in fundraising, including $43.2 billion in private markets for the fiscal year. We also saw strong growth across our investment vehicles, with ETF AUM increasing 73% to $84.6 billion, retail SMA AUM growing 19% to $196.3 billion and Canvas AUM doubling to $32.6 billion. International AUM reached approximately $525 billion, with $29.0 billion in long-term net inflows, reflecting the strength of our global distribution platform. This broad-based momentum demonstrates our ability to bring the full breadth of our investment capabilities to clients globally and highlights the progress we are making against our five-year strategic plan.

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"We remain disciplined in managing expenses while continuing to invest in the future, including strategic acquisitions to enhance our capabilities and increasing our adjusted operating margin ahead of plan. Our balance sheet continues to provide financial flexibility with $7.4 billion 4 in cash and investments, after returning $1.2 billion to shareholders through dividends and share repurchases.

"As we enter fiscal year 2027, we see significant opportunities as our industry evolves, including growing demand for private markets, customized solutions and innovative investment vehicles. Our broad investment expertise across public and private markets, along with our global reach, positions us well to deliver integrated solutions and serve as a trusted strategic partner to our clients. We remain focused on putting our clients first, delivering strong investment outcomes and creating long-term value for clients, shareholders and employees. I want to thank our employees around the world for their dedication and contributions to another successful year."

Quarter Ended % Change Quarter Ended % Change Fiscal Year Ended September 30, % Change

30-Sep-26 30-Jun-26 Qtr. vs. Qtr. 30-Sep-25 Year vs. Year 2026 2025

Financial Results (in millions, except per s