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Franklin Resources10-Q: Goodwill impairment

Recognized $33M impairment charge on acquired assets due to underperformance.

What happened

The company recorded a $33.0 million impairment charge on indefinite-lived assets from acquired management contracts. This write-down was triggered by decreased Assets Under Management (AUM) in related products, indicating underperformance of a prior acquisition and potentially prompting a review of asset valuation and M&A integration processes.

Source

SEC EDGARJul 31, 2026

Quarterly report (Form 10-Q)

Franklin Resources 10-Q

Filing excerpt

We performed a quantitative impairment test for certain indefinite-lived assets related to acquired management contracts due to decreased AUM in related products and recognized impairments totaling $33.0 million during the quarter ended June 30, 2026.

sec.gov/Archives/edgar/data/38777/000003877726000217/ben-20260630.htmRead the full source

Other signals in this filing (7)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Goodwill impairment

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
06/30
Filed
Jul 31, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$33M (Impairment charge on indefinite-lived assets)

Details

CIK
38777
Accession number
0000038777-26-000217
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Strategic review underway
Signal category
Financial

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Aug 4, 2026
signal_type
sec-10q
signal_subtype
goodwillImpairment

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/49b2941d-9848-48c0-8877-bd8621505d60 returns this record as JSON. POST /v1/companies/enrich returns every signal for franklinresources.com.

{
  "signal_id": "49b2941d-9848-48c0-8877-bd8621505d60",
  "signal_type": "sec-10q",
  "signal_subtype": "goodwillImpairment",
  "detected_at": "2026-08-04T07:07:32.105+00:00",
  "company": {
    "name": "Franklin Resources",
    "domain": "franklinresources.com"
  },
  "data": {
    "detail": "The company recorded a $33.0 million impairment charge on indefinite-lived assets from acquired management contracts. This write-down was triggered by decreased Assets Under Management (AUM) in related products, indicating underperformance of a prior acquisition and potentially prompting a review of asset valuation and M&A integration processes.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "Impairment charge on indefinite-lived assets",
      "dollar_millions": 33
    },
    "summary": "Recognized $33M impairment charge on acquired assets due to underperformance.",
    "excerpts": "We performed a quantitative impairment test for certain indefinite-lived assets related to acquired management contracts due to decreased AUM in related products and recognized impairments totaling $33.0 million during the quarter ended June 30, 2026.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/38777/000003877726000217/ben-20260630.htm",
    "filing_date": "2026-07-31",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "06/30",
    "sales_relevance": "Strategic review underway",
    "signal_category": "financial"
  }
}

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