FEDERATED HERMES, INC.FHIEarnings & Financial Report
Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957, the company manages $902.6 billion of customer assets, as of December 2025. The company offers investments spanning equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies, including mutual funds, exchange-traded funds (ETFs), separate accounts, closed-end funds and collective investment funds. Clie...
Revenue
$402.6M
Gross Profit
N/A
Operating Profit
$40.7M
Net Profit
$21.0M
Gross Margin
N/A
Operating Margin
10.1%
Net Margin
5.2%
YoY Growth
-7.1%
EPS
$0.20
FEDERATED HERMES, INC. Q2 FY2024 Financial Summary
FEDERATED HERMES, INC. reported revenue of $402.6M (down 7.1% YoY) for Q2 FY2024, with a net profit of $21.0M (down 70.9% YoY) (5.2% margin).
Key Financial Metrics
| Total Revenue | $402.6M |
|---|---|
| Net Profit | $21.0M |
| Gross Margin | N/A |
| Operating Margin | 10.1% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
FEDERATED HERMES, INC. Q2 FY2024 revenue of $402.6M breaks down across 4 segments, led by Investment Advisory Management And Administrative Service at $270.6M (67.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Investment Advisory Management And Administrative Service | $270.6M | 67.2% |
| Administrative Service | $95.3M | 23.7% |
| Distribution Service | $30.1M | 7.5% |
| Other | $6.6M | 1.6% |
FEDERATED HERMES, INC. Revenue by Segment — Quarterly Trend
FEDERATED HERMES, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Investment Advisory Management And Administrative Service and Administrative Service) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Investment Advisory Management And Administrative Service | — | $314.0M | $310.4M | $287.4M |
| Administrative Service | — | — | $107.2M | $101.7M |
| Distribution Service | — | $43.7M | $39.2M | $28.3M |
| Other | $49.3M | $61.2M | $12.6M | $7.4M |
FEDERATED HERMES, INC. Annual Revenue by Year
FEDERATED HERMES, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.8B |
| 2024 | $1.6B |
| 2023 | $1.6B |
| 2022 | $1.4B |
FEDERATED HERMES, INC. Quarterly Revenue & Net Profit History
FEDERATED HERMES, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $479.0M | -0.8% | $96.4M | 20.1% |
| Q4 FY2025 | $482.8M | +13.7% | $107.0M | 22.2% |
| Q3 FY2025 | $469.4M | +14.9% | $104.1M | 22.2% |
| Q2 FY2025 | $424.8M | +5.5% | $91.0M | 21.4% |
| Q1 FY2025 | $423.5M | +6.9% | $101.1M | 23.9% |
| Q4 FY2024 | $424.7M | +8.5% | $84.7M | 19.9% |
| Q3 FY2024 | $408.5M | +1.4% | $87.5M | 21.4% |
| Q2 FY2024 | $402.6M | -7.1% | $21.0M | 5.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $402.6M | $408.5M | $424.7M | $423.5M | $424.8M | $469.4M | $482.8M | $479.0M |
| YoY Growth | -7.1% | 1.4% | 8.5% | 6.9% | 5.5% | 14.9% | 13.7% | -0.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.91B | $2.04B | $2.08B | $2.00B | $2.15B | $2.18B | $2.23B | $2.14B |
| Liabilities | $864.0M | $900.6M | $934.0M | $858.7M | $874.5M | $931.5M | $965.9M | $-98.69B |
| Equity | $1.02B | $1.08B | $1.10B | $1.08B | $1.11B | $1.19B | $1.20B | $100.83B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $88.7M | $117.1M | $346.6M | $14.3M | $18.8M | $103.1M | $297.3M |