Beneficient (NASDAQ:BENF) shares surged 93.46% to $7.39 in after-hours trading on Tuesday after the Dallas-based alternative asset liquidity platform reported fiscal third-quarter 2026 results for the period ended Dec. 31, 2025.

GAAP Operating Income Swings Positive as Key Metrics Improve

The company reported generally accepted accounting principles revenues of $18.67 million, up from a negative $2.76 million in the prior quarter. GAAP operating income increased to $3.94 million, compared with an operating loss of $17.86 million in the previous quarter.

Beneficient also stated that net income attributable to common shareholders totaled $19.9 million.

Basic Class A earnings per share were $1.19, while diluted Class A earnings per share came in at $0.04, compared with ...