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Beneficient

BENF Clue Score34
United States Fiscal year ends March CIK 0001775734
$1.05 -1.87% Close, 9 Oct 2026
Price $1.05 −12.50% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 7 Jun 2023. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2020Revenue140.3Operating income−47.4Net income−58.0EPS, diluted−1.27Fiscal year 2021Revenue55.3 −60.6%Operating income−71.1Net income−63.0EPS, diluted−1.84Fiscal year 2023Revenue−104.9 −289.7%Operating income−253.2Net income−131.0EPS, diluted−1.94Fiscal year 2024Revenue−98.7Operating income−2,648.5Net income−2,095.6Fiscal year 2025Revenue−7.9Operating income−24.2Net income51.2Fiscal year 2026Revenue−39.1Operating income−166.5Net income−87.4 −270.9%
FY2020FY2021FY2023FY2024FY2025FY2026
Revenue 140.3 55.3 −104.9 −98.7 −7.9 −39.1
Growth −60.6% −289.7%
Operating income −47.4 −71.1 −253.2 −2,648.5 −24.2 −166.5
Net income −58.0 −63.0 −131.0 −2,095.6 51.2 −87.4
Growth −270.9%
EPS, diluted −1.27 −1.84 −1.94 n/a n/a n/a
Growth

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2020Operating margin−33.8%Net margin−41.4%Free cash flow margin−40.8%Fiscal year 2021Operating margin−128.6%Net margin−113.9%Free cash flow margin−110.7%Fiscal year 2023Operating margin241.3%Net margin124.9%Free cash flow margin92.7%Fiscal year 2024Operating margin2,683.5%Net margin2,123.3%Free cash flow margin60.8%Fiscal year 2025Operating margin304.5%Net margin−644.1%Free cash flow margin488.5%Fiscal year 2026Operating margin425.6%Net margin223.5%Free cash flow margin99.2%
FY2020FY2021FY2023FY2024FY2025FY2026
Operating margin −33.8% −128.6% 241.3% 2,683.5% 304.5% 425.6%
Net margin −41.4% −113.9% 124.9% 2,123.3% −644.1% 223.5%
Free cash flow margin −40.8% −110.7% 92.7% 60.8% 488.5% 99.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2020Operating cash flow−54.0Capital expenditure−3.2Free cash flow−57.2Fiscal year 2021Operating cash flow−57.0Capital expenditure−4.2Free cash flow−61.2Fiscal year 2023Operating cash flow−95.1Capital expenditure−2.1Free cash flow−97.2Fiscal year 2024Operating cash flow−58.2Capital expenditure−1.8Free cash flow−60.0Fiscal year 2025Operating cash flow−37.7Capital expenditure−1.1Free cash flow−38.8Fiscal year 2026Operating cash flow−38.7Capital expenditure−0.1Free cash flow−38.8
FY2020FY2021FY2023FY2024FY2025FY2026
Operating cash flow −54.0 −57.0 −95.1 −58.2 −37.7 −38.7
Capital expenditure −3.2 −4.2 −2.1 −1.8 −1.1 −0.1
Free cash flow −57.2 −61.2 −97.2 −60.0 −38.8 −38.8
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2020Cash17.9Shareholders’ equity986.3Fiscal year 2021Cash20.3Shareholders’ equity1,093.0Fiscal year 2023Cash8.7Shareholders’ equity1,728.4Fiscal year 2024Cash7.9Shareholders’ equity−192.1Fiscal year 2025Cash1.3Shareholders’ equity−34.9Fiscal year 2026Cash2.5Shareholders’ equity−189.3
FY2020FY2021FY2023FY2024FY2025FY2026
Cash 17.9 20.3 8.7 7.9 1.3 2.5
Shareholders’ equity 986.3 1,093.0 1,728.4 −192.1 −34.9 −189.3

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2023 31 Mar 2023 FY2024 31 Mar 2024 FY2025 31 Mar 2025 FY2026 31 Mar 2026
Margins
−33.8% −128.6% 241.3% 2,683.5% 304.5% 425.6%
−33.8% −190.1% 241.3% 2,692.5% 9.1% 420.5%
−41.4% −113.9% 124.9% 2,123.3% −644.1% 223.5%
−40.8% −110.7% 92.7% 60.8% 488.5% 99.2%
Spending
2.3% 7.6% −2.0% −1.8% −13.8% −0.2%
Returns
−5.9% −5.8% −7.6% n/a n/a n/a
n/a n/a −4.5% −568.7% 14.4% −36.6%
Balance and payout
n/a n/a 8.0% 84.0% 84.3% 141.4%