Beneficient (BENF)

NasdaqMarket Closed

Beneficient is a financial services holding company focused on liquidity and custody solutions for investors in alternative assets. The company operates through a technology-enabled model designed to help holders of private equity, venture capital, private credit, real estate and other illiquid fund interests access cash or related financing without waiting for the underlying funds to mature or distribute proceeds.

The company’s platform, AltAccess, is built to streamline a process that has traditionally been slow, bespoke and paper-heavy. Beneficient targets a segment of the market that is often underserved by large secondary buyers and institutional liquidity providers, including high-net-worth individuals, family offices, smaller institutions and fund general partners. Its offering combines proprietary technology with financing and trust structures intended to support customized transactions for alternative asset investors.

Beneficient reports its activities through three main segments. Ben Liquidity is centered on liquidity products for alternative asset holders. Ben Custody provides custody and related administrative services. Customer ExAlt Trusts refers to the trust structures used in connection with client transactions. Together, these businesses position Beneficient as a niche provider within the broader private markets ecosystem, where demand for liquidity has grown as more wealth and institutional capital has moved into non-public investments.

As a listed company, Beneficient gives public-market investors exposure to a specialized area of financial services tied to private asset ownership, secondary market activity and digital infrastructure for alternative investment transactions.

2.38USD
2.44 USD
−0.37(-13.50%)
After-hours

Last updated

Market Cap
$44,624,765
P/E
P/FCF
P/S
75.25
Enterprise Value
$138,866,765
Sector
Industry
Address
325 N. SAINT PAUL STREET, DALLAS, TX, 75201
Market Cap
$44,624,765
Enterprise Value
$138,866,765
P/E
P/B
-0.21
P/S
75.25
EV / EBITDA
6.45
EV / Sales
234.18
EPS
-4.91
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$38,813,000
ROE
33.25%
ROA
-29.81%
Debt / Equity
-0.45
Current Ratio
3.44
Quick Ratio
3.44
Cash
0.04
Avg Volume
$14,815
Fundamentals Snapshot Price
3.08

Income Statement

Line Item2026 Q42026 Q32026 Q22026 Q12025 Q4
Revenue39K188K178K188K189K
Cost of revenue00000
Gross profit39K188K178K188K189K
Operating income-12.82M-8.73M-10.03M-13.59M-12.08M
EBITDA53.33M-8.59M-9.88M-13.35M-66.61M
Net income-5.71M1.43M-3.54M-63.36M-759K
Income taxes171K43K-661K
Interest expense-4.68M-5.81M-4.9M-3.42M-3.06M
Other operating expenses5.97M1.95M2.44M2.49M3.98M
Total operating expenses12.86M8.92M10.2M13.78M12.27M
Basic EPS-3.721.19-2.96-57.52-14.33
Diluted EPS-3.720.04-2.96-57.5267.14

Balance Sheet

Line Item2026 Q42026 Q32026 Q22026 Q12025 Q4
Total assets238.77M337.86M316.23M334.51M354.88M
Total liabilities337.53M375.9M368.53M364.38M299.27M
Total equity-189.29M-128.57M-142.83M-120.4M-34.93M
Cash & equivalents2.54M7.87M4.9M7.61M1.35M
Current assets219.73M269.86M248.88M271.38M292.72M
Current liabilities63.79M241.8M234.35M228.88M100.35M
Accounts payable63.79M241.8M234.35M228.88M100.35M
Receivables00000
Goodwill9.91M9.91M9.91M9.91M9.91M
Long-term debt96.79M100.34M103.96M108.39M117.9M

Cash Flow

Line Item2026 Q42026 Q32026 Q22026 Q12025 Q4
Operating cash flow-3.98M-9.37M-14.53M-10.84M-8.45M
Investing cash flow1.96M16.42M16.37M26.46M10.72M
Financing cash flow-3.3M-4.09M-4.55M-9.35M-5.13M
Change in cash-5.32M2.97M-2.71M6.27M-2.86M
Net income-60.12M5.94M-17.91M-92.65M-44.63M
KindFilingDateLink
edgar index8-K — BeneficientView Filing
eight k text8-K — 8-KView Filing
edgar index424B3 — BeneficientView Filing
edgar indexS-8 — BeneficientView Filing
edgar indexEFFECT — BeneficientView Filing
edgar indexS-1 — BeneficientView Filing
edgar indexD — BeneficientView Filing
edgar index8-K — BeneficientView Filing
edgar indexDEFA14A — BeneficientView Filing
eight k text8-K — 8-KView Filing
edgar indexSCHEDULE 13D — BeneficientView Filing
edgar index5 — BeneficientView Filing
edgar index8-K — BeneficientView Filing
eight k text8-K — 8-KView Filing
edgar indexNT 10-K — BeneficientView Filing
edgar index10-K — BeneficientView Filing
ten k section10-K — businessView Filing
ten k section10-K — mdaView Filing
ten k section10-K — risk_factorsView Filing
edgar index8-K — BeneficientView Filing
eight k text8-K — 8-KView Filing
edgar index8-K/A — BeneficientView Filing
edgar index8-K — BeneficientView Filing
eight k text8-K — 8-KView Filing
edgar index3 — BeneficientView Filing
edgar indexSCHEDULE 13D/A — BeneficientView Filing
form 3Form 3 — Hicks Mack H.View Filing
form 3Form 3 — Hicks Holdings Operating LLCView Filing
form 3Form 3 — Hicks Mack H.View Filing
form 3Form 3 — Hicks Holdings Operating LLCView Filing
form 3Form 3 — Hicks Holdings Operating LLCView Filing
form 3Form 3 — Hicks Mack H.View Filing
edgar indexD — BeneficientView Filing
edgar index8-K — BeneficientView Filing
edgar indexDEFA14A — BeneficientView Filing
edgar index424B3 — BeneficientView Filing
eight k text8-K — 8-KView Filing
edgar index424B3 — BeneficientView Filing
edgar index8-K — BeneficientView Filing
eight k text8-K — 8-KView Filing
edgar indexDEF 14A — BeneficientView Filing
edgar index8-K — BeneficientView Filing
edgar index424B3 — BeneficientView Filing
eight k text8-K — 8-KView Filing
edgar index424B3 — BeneficientView Filing
edgar index8-K — BeneficientView Filing
edgar index10-Q — BeneficientView Filing
eight k text8-K — 8-KView Filing
edgar index8-K — BeneficientView Filing
edgar index424B3 — BeneficientView Filing
eight k text8-K — 8-KView Filing
edgar index8-K — BeneficientView Filing
edgar index424B3 — BeneficientView Filing
edgar indexD — BeneficientView Filing
edgar index424B3 — BeneficientView Filing
edgar index8-K — BeneficientView Filing
edgar index8-K — BeneficientView Filing
edgar index424B3 — BeneficientView Filing
edgar indexEFFECT — BeneficientView Filing
edgar indexUPLOAD — BeneficientView Filing
edgar indexCORRESP — BeneficientView Filing
edgar indexS-1 — BeneficientView Filing
edgar index8-K — BeneficientView Filing
edgar index8-K — BeneficientView Filing
edgar index8-K — BeneficientView Filing
edgar index4 — BeneficientView Filing
edgar index4 — BeneficientView Filing
edgar indexS-8 — BeneficientView Filing
form 4Form 4 — Schnitzer Bruce WilliamView Filing
form 4Form 4 — CANGANY PETER T JRView Filing
form 4Form 4 — CANGANY PETER T JRView Filing
form 4Form 4 — CANGANY PETER T JRView Filing
edgar index8-K — BeneficientView Filing
edgar indexSCHEDULE 13G/A — BeneficientView Filing
edgar index10-Q — BeneficientView Filing