COHEN & STEERS, INC.
For the period ended Mar 31, 2025. Filed May 2, 2025.
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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.
Mar 31, 2025 · Filed May 2, 2025
CNS$73.67-1.9%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations (Unaudited)
(in thousands, except per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenue: | ||
| Investment advisory and administration fees | $126,771 | $115,345 |
| Distribution and service fees | 7,184 | 6,817 |
| Other | 512 | 548 |
| Total revenue | 134,467 | 122,710 |
| Expenses: | ||
| Employee compensation and benefits | 54,554 | 52,003 |
| Distribution and service fees | 15,189 | 13,395 |
| General and administrative | 17,169 | 14,793 |
| Depreciation and amortization | 2,357 | 2,254 |
| Total expenses | 89,269 | 82,445 |
| Operating income | 45,198 | 40,265 |
| Non-operating income (loss): | ||
| Interest and dividend income | 5,371 | 3,919 |
| Gain (loss) from investments—net | 3,553 | 984 |
| Foreign currency gain (loss)—net | (1,172) | 134 |
| Total non-operating income (loss) | 7,752 | 5,037 |
| Income before provision for income taxes | 52,950 | 45,302 |
| Provision for income taxes | 9,661 | 10,888 |
| Net income | 43,289 | 34,414 |
| Net (income) loss attributable to noncontrolling interests | (3,511) | (410) |
| Net income attributable to common stockholders | $39,778 | $34,004 |
| Earnings per share attributable to common stockholders: | ||
| Basic | $0.78 | $0.69 |
| Diluted | $0.77 | $0.68 |
| Weighted average shares outstanding: | ||
| Basic | 51,058 | 49,569 |
| Diluted | 51,418 | 49,835 |
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