Beneficient
For the period ended Jun 30, 2026. Filed Aug 14, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 14, 2026
BENF$0.70+3.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Income (Loss)
| Three Months Ended June 30, | ||
|---|---|---|
| (Dollars in thousands, except per share amounts) | 2026 | 2025 |
| Revenues | ||
| Investment income (loss), net | $15,875 | $(12,776) |
| Gain (loss) on financial instruments, net (related party of $(3,760) and $(1)) | (3,766) | (45) |
| Interest and dividend income | 10 | 10 |
| Trust services and administration revenues (related party of nil and $8) | 46 | 188 |
| Total revenues | 12,165 | (12,623) |
| Operating expenses | ||
| Employee compensation and benefits | 2,827 | 3,331 |
| Interest expense (related party of $2,708 and $3,317) | 4,570 | 3,415 |
| Professional services, net | 3,486 | 7,957 |
| Accrual of loss contingency related to arbitration award | — | 62,831 |
| Other expenses (related party of $714 and $628) | 1,659 | 2,491 |
| Total operating expenses | 12,542 | 80,025 |
| Net income (loss) | (377) | (92,648) |
| Plus: Net (income) loss attributable to noncontrolling interests - Customer ExAlt Trusts | (1,519) | 16,212 |
| Plus: Net loss attributable to noncontrolling interests - Ben | 21 | 15,984 |
| Less: Noncontrolling interest guaranteed payment | (4,908) | (4,624) |
| Net income (loss) attributable to Beneficient common shareholders | $(6,783) | $(65,076) |
| Other comprehensive income (loss): | ||
| Unrealized gain (loss) on investments in available-for-sale debt securities | 455 | — |
| Total comprehensive income (loss) | 78 | (92,648) |
| Less: Comprehensive gain (loss) attributable to noncontrolling interests | 6,861 | (27,572) |
| Total comprehensive income (loss) attributable to Beneficient | $(6,783) | $(65,076) |
| Net income (loss) per common share (1) | ||
| Class A - basic | $(0.47) | $(57.55) |
| Class B - basic | $(0.47) | $(57.55) |
| Net income (loss) per common share (1) | ||
| Class A - diluted | $(0.47) | $(57.55) |
| Class B - diluted | $(0.47) | $(57.55) |
(1) Periods presented have been adjusted to reflect the 1-for-8 reverse stock split on December 15, 2025. See Note 1 - Summary of Significant Accounting Policies - Reverse Stock Split, for additional information.
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