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BENFBeneficient
$3.66$109800
Overview & Verdict
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BENF logoBeneficient(BENF)Earnings, Financials & Key Ratios

BENF•NASDAQ•Banking & Credit
$3.66
Price updated Jul 7, 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
  • Net Interest Income$0+100.0%
  • Total Revenue-$39M-392.4%
  • Net Income-$87M-270.9%
  • Net Interest Margin0%+100.0%
  • Efficiency Ratio-325.59%-59.3%
  • ROA-29.45%-308.2%
  • Equity / Assets-79.27%-606.0%
  • Book Value per Share-6309.53-6001577.5%

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:Vulnerable
Cash Flow:Burning
Primary Risk:Insolvency and liquidity risk

Key Thesis Takeaways

  • 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-270.88%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-3599.51%

Return on Capital

10 Years-164.06%
5 Years-294.58%
3 Years-480.25%
Last Year-56.1%

BENF Recent Earnings

Beneficient (BENF) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 4/12 qtrs (57%)●Beat Revenue 0/12 qtrs (0%)
Q3 2026Latest
Jun 29, 2026
Metric
Actual
Est
EPS
$0.30+68.9%
$0.96
Rev
$8M-169.8%
$11M
Q1 2026
Feb 17, 2026
Metric
Actual
Est
EPS
$0.06+93.5%
$0.92
Rev
$25M-309.2%
$12M
Q4 2025
Nov 14, 2025
Metric
Actual
Est
EPS
$2.32-7.4%
$2.16
Rev
$3M-121.3%
$13M
Q4 2025
Sep 29, 2025
Metric
Actual
Est
EPS
$13.08-280.2%
$3.44
Rev
$31M-282.1%
$17M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026LatestJun 29, 2026
$0.30vs $0.96+68.9%
$8Mvs $11M-169.8%
Q1 2026Feb 17, 2026
$0.06vs $0.92+93.5%
$25Mvs $12M-309.2%
Q4 2025Nov 14, 2025
$2.32vs $2.16-7.4%
$3Mvs $13M-121.3%
Q4 2025Sep 29, 2025
$13.08vs $3.44-280.2%
$31Mvs $17M-282.1%
Based on last 12 quarters of dataView full earnings history →

Latest BENF News

Recent stock market news and headlines for Beneficient (BENF)

Globe News Wire·Jun 29, 2026
Beneficient Releases Letter to Shareholders Updating Progress on Significant Corporate Issues

DALLAS, June 29, 2026 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (Ben or the Company), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets, has issued a letter to shareholders from Chief Executive Officer James Silk about progress the Company has made in managing and settling significant issues as it reports its fiscal year 2026 earnings results in a separate press release.

GlobeNewsWire·Jun 29, 2026
Beneficient Releases Letter to Shareholders Updating Progress on Significant Corporate Issues

DALLAS, June 29, 2026 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (Ben or the Company), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets, has issued a letter to shareholders from Chief Executive Officer James Silk about progress the Company has made in managing and settling significant issues as it reports its fiscal year 2026 earnings results in a separate press release. Dear Beneficient Shareholders, It has been three very eventful years since Beneficient went public on Nasdaq.

GlobeNewsWire·Jun 29, 2026
Beneficient Reports Fourth Quarter & Fiscal Year Ended March 31, 2026 Results

Transformative Fiscal 2026 Focused on Addressing Legacy Issues While Strengthening Foundation of the Company Beneficient Clears Litigation Hurdles as it Positions to Capitalize on New Opportunities for Growth DALLAS, June 29, 2026 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets, today reported its financial results for the fiscal 2026 fourth quarter and fiscal year, which ended March 31, 2026. Highlights of the year include: Resolved GWG Holdings, Inc. litigation and regained Nasdaq compliance Generated over $50 million in gross proceeds from asset sales Fully paid off HH-BDH Credit Agreement principal balance (excluding $1.1 million for deferred interest and fees) Executed over $23 million in new fiduciary financings, including those closed subsequent to year end Established initial collateral management services relationship Commenting on the fiscal 2026 results, Chief Executive Officer James Silk said: “Fiscal 2026 was a year of significant progress for Beneficient.

Globe News Wire·Jun 29, 2026
Beneficient Reports Fourth Quarter & Fiscal Year Ended March 31, 2026 Results

Transformative Fiscal 2026 Focused on Addressing Legacy Issues While Strengthening Foundation of the Company Beneficient Clears Litigation Hurdles as it Positions to Capitalize on New Opportunities for Growth DALLAS, June 29, 2026 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) ("Ben" or the "Company"), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets, today reported its financial results for the fiscal 2026 fourth quarter and fiscal year, which ended March 31, 2026.

GlobeNewsWire·Jun 25, 2026
Beneficient Announces First Collateral Management Services Engagement

Beneficient announced that it has entered into its first engagement to provide collateral management services for a third party Texas state-chartered bank.

Peers Comparison

Key metrics vs top competitors for Beneficient (BENF)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BENF logoBENFBeneficientCurrent
$3.66$109.8K-0.26-392.45%223.45%——
CSWC logoCSWCCapital Southwest Corporation
$23.51$1.46B12.3750.13%50.89%11.68%—
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.75$192.85M3.8936.55%-19.55%-3.39%—
PFLT logoPFLTPennantPark Floating Rate Capital Ltd.
$7.19$713.38M9.992.2%34.83%5.84%—
GAIN logoGAINGladstone Investment Corporation
$15.64$622.82M3.28-20.47%173.56%34.04%—
SLRC logoSLRCSLR Investment Corp.
$12.60$687.39M7.4124.76%39.78%7.31%—

Compare BENF vs Peers

Beneficient (BENF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CSWC

Most directly comparable listed peer for BENF.

Scale Benchmark

vs BX

Larger-name benchmark to compare BENF against a more recognizable public peer.

Peer Set

Compare Top 5

vs CSWC, TPVG, PFLT, GAIN

BENF SEC Filings & Documents

Beneficient (BENF) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jun 29, 2026·SEC

Material company update

Jun 25, 2026·SEC

Material company update

Apr 10, 2026·SEC

10-K Annual Reports

2
FY 2026

Jun 30, 2026·SEC

FY 2025

Sep 29, 2025·SEC

10-Q Quarterly Reports

4
FY 2026

Feb 17, 2026·SEC

FY 2025

Nov 14, 2025·SEC

FY 2025

Oct 20, 2025·SEC

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BENF Frequently Asked Questions

Beneficient (BENF) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Beneficient growing?

Beneficient (BENF) saw revenue decline by 392.4% over the past year.

Is BENF profitable?

Beneficient (BENF) reported a net loss of $87.4M for fiscal year 2026.

What if you invested $1,000 in BENF back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →