COHEN & STEERS, INC.
For the period ended Sep 30, 2026. Filed Oct 30, 2026.
View on SEC.govAbout 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.
Sep 30, 2026 · Filed Oct 30, 2026
Contents
Condensed Consolidated Statements of Financial Condition (Unaudited)
(in thousands, except share data)
| September 30,2026 | December 31,2025 | |
|---|---|---|
| Assets: | ||
| Cash and cash equivalents | $66,122 | $145,452 |
| Investments ($192,136 and $116,303) (1) | 621,015 | 436,485 |
| Accounts receivable | 89,175 | 79,775 |
| Due from brokers ($— and $90) (1) | 1,758 | 1,865 |
| Property and equipment—net | 59,078 | 65,068 |
| Operating lease right-of-use assets—net | 93,166 | 97,342 |
| Goodwill and intangible assets—net | 19,683 | 20,040 |
| Other assets ($1,390 and $986) (1) | 29,822 | 30,667 |
| Total assets | $979,819 | $876,694 |
| Liabilities: | ||
| Accrued compensation and benefits | $70,060 | $80,614 |
| Distribution and service fees payable | 8,210 | 8,623 |
| Operating lease liabilities | 132,461 | 138,326 |
| Income tax payable | 2,218 | 1,650 |
| Due to brokers ($562 and $318) (1) | 4,177 | 319 |
| Other liabilities and accrued expenses ($587 and $673) (1) | 13,964 | 13,314 |
| Total liabilities | 231,090 | 242,846 |
| Commitments and contingencies (See Note 11) | ||
| Redeemable noncontrolling interests | 67,493 | 22,805 |
| Stockholders’ equity: | ||
| Common stock, $0.01 par value; 500,000,000 shares authorized; 58,941,808 shares issued and 51,429,466 shares outstanding at September 30, 2026 and 58,275,965 shares issued and 51,032,114 shares outstanding at December 31, 2025 | 590 | 583 |
| Additional paid-in capital | 1,029,445 | 992,948 |
| Accumulated deficit | (78,300) | (105,806) |
| Accumulated other comprehensive loss | (5,403) | (4,657) |
| Treasury stock, at cost, 7,512,342 and 7,243,851 shares at September 30, 2026 and December 31, 2025, respectively | (338,654) | (321,115) |
| Total stockholders’ equity attributable to Cohen & Steers, Inc. | 607,678 | 561,953 |
| Nonredeemable noncontrolling interests | 73,558 | 49,090 |
| Total stockholders’ equity | 681,236 | 611,043 |
| Total liabilities, redeemable noncontrolling interests and stockholders’ equity | $979,819 | $876,694 |
(1)Amounts in parentheses represent balances attributable to certain consolidated investment vehicles that are considered variable interest entities (VIEs) at September 30, 2026 and December 31, 2025. The assets may only be used to settle obligations of each VIE and the liabilities are the sole obligation of each VIE, for which creditors do not have recourse to the general credit of the Company.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.