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Beneficient(BENF)Earnings, Financials & Key Ratios
BENF•NASDAQ
$3.70
57.4× P/E·Price updated Jun 27, 2026
SectorFinancial ServicesIndustryAsset ManagementSub-IndustryAsset management technology and data platforms
AboutBeneficient, a technology-enabled financial service company, provides liquidity solutions to participants in the alternative asset industry. It operates AltAccess platform, which provides liquidity, custody, and investment analytics solutions, including AltLiquidity, an online tool that helps to find liquidity solutions for its alternative assets on a cybersecure platform; AltQuote, a quote tool for alternative assets; AltAccess, a secure platform for end-to-end alternative asset transactions; AltCustody to digitize and track its alternative assets; AltData, an investment analytics for its alternative asset data in one place; and AltTrading, a trading solution. The company serves mid-to-high net worth individual investors, small-to-midsize institutional investors, family offices, and fund general partners. The company is based in Dallas, Texas.Show more
- EBITDA-$22M+99.1%
- Net Income$51M+102.4%
- EPS (Diluted)0.06+100.0%
- Gross Margin312.1%+88.2%
- EBITDA Margin283.07%-89.4%
- Operating Margin304.41%-88.6%
- Net Margin-643.95%-130.4%
- ROE89.34%+102.5%
BENF Price & Volume
Beneficient (BENF) stock price & volume — 10-year historical chart
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Persistent Earnings Volatility Masks Structural Solvency Risks
Investment Thesis • Updated 2026Q3
VerdictNegative
Growth:Mixed
Profitability:Negative
Financial Position:Vulnerable
Cash Flow:Burning
Primary Risk:Insolvency and liquidity risk
"Beneficient's financial profile remains characterized by extreme volatility, with revenue swings from negative $43.1 million in 2024Q4 to $18.7 million in 2026Q3, complicating the assessment of its core liquidity-provision model. The firm faces significant structural challenges, including a $2.1 billion retained earnings deficit and a consistent inability to generate positive free cash flow over the last ten quarters. Investors should remain cautious as the company's reliance on non-operating mark-to-market adjustments and thin liquidity buffers, such as the $7.9 million cash balance reported in 2026Q3, suggests a high-risk operational environment."
Verdict Logic
the company's fundamental instability is highlighted by a $2.1 billion accumulated deficit and a consistent failure to generate positive free cash flow across the last ten observed quarters.
BENF Growth Metrics
Beneficient (BENF) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-247.26%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-241.03%
Return on Capital
10 Years-177.55%
5 Years-283.68%
3 Years-466.68%
Last Year-13.06%
BENF Recent Earnings
Beneficient (BENF) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (50%)●Beat Revenue 0/12 qtrs (0%)
Q1 2026Latest
Feb 17, 2026Metric
Actual
Est
EPS
$0.06+93.5%
$0.92
Rev
$25M-309.2%
$12M
Q4 2025
Nov 14, 2025Metric
Actual
Est
EPS
$2.32-7.4%
$2.16
Rev
$3M-121.3%
$13M
Q4 2025
Sep 29, 2025Metric
Actual
Est
EPS
$13.08-280.2%
$3.44
Rev
$31M-282.1%
$17M
Q4 2025
Sep 24, 2025Metric
Actual
Est
EPS
$0.17+181.0%
$0.21
Rev
$198,000-98.8%
$17M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 17, 2026 | $0.06vs $0.92+93.5% | $25Mvs $12M-309.2% |
| Q4 2025 | Nov 14, 2025 | $2.32vs $2.16-7.4% | $3Mvs $13M-121.3% |
| Q4 2025 | Sep 29, 2025 | $13.08vs $3.44-280.2% | $31Mvs $17M-282.1% |
| Q4 2025 | Sep 24, 2025 | $0.17vs $0.21+181.0% | $198,000vs $17M-98.8% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Beneficient (BENF)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $3.70 | $1.96B | 57.36 | 91.97% | -643.95% | 89.34% | — | |
| $23.15 | $1.44B | 12.18 | 50.13% | 50.89% | 11.68% | — | |
| $4.70 | $190.82M | 3.85 | 36.55% | -19.55% | -3.39% | — | |
| $7.40 | $734.21M | 10.28 | 2.2% | 34.83% | 5.84% | — | |
| $15.16 | $603.7M | 3.18 | -20.47% | 173.56% | 34.04% | — | |
| $12.42 | $677.57M | 7.31 | 24.76% | 39.78% | 7.31% | — |
Compare BENF vs Peers
Beneficient (BENF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BENF SEC Filings & Documents
Beneficient (BENF) SEC filings — annual & quarterly reports (10-K, 10-Q)
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BENF Frequently Asked Questions
Beneficient (BENF) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Beneficient's revenue?
Beneficient (BENF) reported $-14.9M in revenue for fiscal year 2025.
How fast is Beneficient growing?
Beneficient (BENF) grew revenue by 92.0% over the past year. This is strong growth.
Is BENF profitable?
Beneficient (BENF) reported a net loss of $49.6M for fiscal year 2025.
Dividend & Returns
What is BENF's return on equity?
Beneficient (BENF) has a return on equity (ROE) of 89.3%. This is excellent, indicating efficient use of shareholder capital.
What is Beneficient's free cash flow?
Beneficient (BENF) had negative free cash flow of $43.6M in fiscal year 2025, likely due to heavy capital investments.