“`html
Beneficient (BENF) Reports Earnings Results
On October 20, 2025, Beneficient reported a net loss of $7.19 per Class A diluted share for F1Q26 (June), down from a net income of $12.11 per share in F1Q25. The decline is attributed to a $62.8 million arbitration loss charge and a decrease in GAAP revenues to ($12.6) million from $10.0 million year-over-year. The company also revised its F2026 adjusted EPS estimates from ($0.44) to ($1.61) and anticipates a loss of $0.50 for F2027.
Beneficient’s operating expenses surged to $80.0 million in F1Q26 compared to a negative $34.3 million in the previous year, largely due to the arbitration loss charge. The fair value of Customer ExAlt Trust investments dropped to $264 million as of June 30, 2025, from $291 million in March 2025. As of June 30, 2025, the company reported $7.6 million in cash and cash equivalents against $108.4 million in total debt.
“`
