---
title: "BENEFICIENT C/WTS 07/06/2028 (TO PUR COM) | 8-K: FY2026 Q2 Revenue: USD -2.763 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/265991871.md"
datetime: "2025-11-14T22:20:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265991871.md)
  - [en](https://longbridge.com/en/news/265991871.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265991871.md)
generator: "portal-rs"
---

# BENEFICIENT C/WTS 07/06/2028 (TO PUR COM) | 8-K: FY2026 Q2 Revenue: USD -2.763 M

Revenue: As of FY2026 Q2, the actual value is USD -2.763 M.

EPS: As of FY2026 Q2, the actual value is USD -0.37.

EBIT: As of FY2026 Q2, the actual value is USD -12.98 M.

### Segment Revenue

-   **Ben Liquidity**: $8.5 million for the fiscal second quarter, a decrease of 3.8% from the quarter ended June 30, 2025.
-   **Ben Custody**: $3.1 million for the fiscal second quarter, compared to $4.2 million for the quarter ended June 30, 2025.

### Operational Metrics

-   **Operating Expenses**: $15.1 million in the second quarter of fiscal 2026, compared to $22.3 million in the second quarter of fiscal 2025.
-   **Operating Loss**: - $0.8 million for Ben Liquidity in the fiscal second quarter, an improvement from an operating loss of - $6.0 million for the quarter ended June 30, 2025.
-   **Operating Income**: $2.3 million for Ben Custody in the fiscal second quarter, down from $3.1 million for the quarter ended June 30, 2025.
-   **Net Income (Loss)**: - $3.6 million for the fiscal second quarter, compared to $12.9 million for the quarter ended June 30, 2025.

### Cash Flow

-   **Cash and Cash Equivalents**: $4.9 million as of September 30, 2025.
-   **Total Debt**: $104.0 million as of September 30, 2025.
-   **Distributions Received**: $7.8 million from alternative assets and other securities held in custody for the six months ended September 30, 2025.
-   **Proceeds from Disposition**: $37.2 million from the disposition of certain investments in alternative assets for the six months ended September 30, 2025.

### Unique Metrics

-   **Investments at Fair Value**: $244.0 million as of September 30, 2025, decreased from $291.4 million at the end of the prior fiscal year.
-   **NAV of Alternative Assets in Custody**: $271.4 million as of September 30, 2025, compared to $338.2 million as of March 31, 2025.

### Outlook / Guidance

-   Beneficient has regained compliance with Nasdaq’s periodic reporting requirement and market value of listed securities requirement, signaling renewed stability and a positive path forward.
-   The company is committed to long-term shareholder value, demonstrated by the conversion of BCH Preferred Series A-1 into Class A common stock by the interim CEO and Board Chairman.

### Related Stocks

- [BENFW.US](https://longbridge.com/en/quote/BENFW.US.md)

## Related News & Research

- [Nvidia Reportedly Just Landed $35 Billion In Chip Orders From Chinese Companies. Here's Why That Could Be Great News for the Stock](https://longbridge.com/en/news/302459774.md)
- [BREAKINGVIEWS-Netflix morphs into same couch potato it smashed](https://longbridge.com/en/news/302451031.md)
- ["Run for the Hills," Warns Investor About SpaceX Stock Before Earnings](https://longbridge.com/en/news/302454405.md)
- [Micron Stock Moves Higher: What's Going On?](https://longbridge.com/en/news/302449704.md)
- [Morgan Stanley's Mike Wilson Says Market Correction Nearly Over, Sees S&P 500 Hitting 8,500](https://longbridge.com/en/news/302450465.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**