FEDERATED HERMES, INC.

For the period ended Jun 30, 2026. Filed Jul 31, 2026.

About this filing

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 Jul 31, 2026

FHI$65.53+0.9%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

Consolidated Statements of Income
(dollars in thousands, except per share data)
(unaudited)
Three Months Ended · Six Months Ended
	June 30,		June 30,
	2026	2025	2026	2025
Revenue
Investment Advisory Fees, net—Affiliates	$267,936	$225,347	$520,340	$448,720
Investment Advisory Fees, net—Other	69,785	62,088	136,789	126,175
Administrative Service Fees, net—Affiliates	110,117	101,657	220,402	202,766
Other Service Fees, net—Affiliates	46,201	30,442	90,989	61,309
Other Service Fees, net—Other	8,737	5,310	13,213	9,414
Total Revenue	502,776	424,844	981,733	848,384
Operating Expenses
Compensation and Related	161,528	144,872	315,647	288,143
Distribution	121,766	99,399	247,510	198,484
Systems and Communications	25,950	23,481	52,413	47,707
Professional Service Fees	25,610	18,628	46,946	37,176
Office and Occupancy	9,836	9,910	19,898	19,862
Advertising and Promotional	7,329	6,146	11,427	10,722
Travel and Related	4,558	4,117	8,408	7,670
Intangible Asset Related	6,384	3,503	9,805	6,699
Other	6,934	(2,296)	10,467	(16,935)
Total Operating Expenses	369,895	307,760	722,521	599,528
Operating Income	132,881	117,084	259,212	248,856
Nonoperating Income (Expenses)
Investment Income, net	3,725	5,734	9,965	12,247
Gain (Loss) on Securities, net	10,605	11,213	11,019	12,175
Debt Expense	(3,159)	(3,170)	(6,344)	(6,349)
Other, net	(22)	(35)	(53)	(62)
Total Nonoperating Income (Expenses), net	11,149	13,742	14,587	18,011
Income Before Income Taxes	144,030	130,826	273,799	266,867
Income Tax Provision	37,216	34,135	71,039	66,300
Net Income Including the Noncontrolling Interests in Subsidiaries	106,814	96,691	202,760	200,567
Less: Net Income (Loss) Attributable to the Noncontrolling Interests in Subsidiaries	2,496	5,691	2,064	8,433
Net Income	$104,318	$91,000	$200,696	$192,134
Amounts Attributable to Federated Hermes, Inc.
Earnings Per Common Share—Basic and Diluted	$1.38	$1.16	$2.65	$2.40
Cash Dividends Per Share	$0.38	$0.34	$0.72	$0.65

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.