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Side-by-side financial comparison of FEDERATED HERMES, INC. (FHI) and Revolve Group, Inc. (RVLV). Click either name above to swap in a different company.

FEDERATED HERMES, INC. is the larger business by last-quarter revenue ($479.0M vs $324.4M, roughly 1.5× Revolve Group, Inc.). FEDERATED HERMES, INC. runs the higher net margin — 20.1% vs 5.7%, a 14.4% gap on every dollar of revenue. On growth, Revolve Group, Inc. posted the faster year-over-year revenue change (10.4% vs -0.8%). Over the past eight quarters, Revolve Group, Inc.'s revenue compounded faster (9.5% CAGR vs 9.1%).

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...

Revolve Theatre Company is a Henley-on-Thames based theatre company specialising in political and Shakespearean plays. The company is owned by Oliver Dench, Joe Morris and Tom Smith.

FHI vs RVLV — Head-to-Head

Bigger by revenue
FHI
FHI
1.5× larger
FHI
$479.0M
$324.4M
RVLV
Growing faster (revenue YoY)
RVLV
RVLV
+11.2% gap
RVLV
10.4%
-0.8%
FHI
Higher net margin
FHI
FHI
14.4% more per $
FHI
20.1%
5.7%
RVLV
Faster 2-yr revenue CAGR
RVLV
RVLV
Annualised
RVLV
9.5%
9.1%
FHI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FHI
FHI
RVLV
RVLV
Revenue
$479.0M
$324.4M
Net Profit
$96.4M
$18.6M
Gross Margin
53.3%
Operating Margin
26.4%
6.3%
Net Margin
20.1%
5.7%
Revenue YoY
-0.8%
10.4%
Net Profit YoY
50.4%
EPS (diluted)
$0.27

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FHI
FHI
RVLV
RVLV
Q1 26
$479.0M
Q4 25
$482.8M
$324.4M
Q3 25
$469.4M
$295.6M
Q2 25
$424.8M
$309.0M
Q1 25
$423.5M
$296.7M
Q4 24
$424.7M
$293.7M
Q3 24
$408.5M
$283.1M
Q2 24
$402.6M
$282.5M
Net Profit
FHI
FHI
RVLV
RVLV
Q1 26
$96.4M
Q4 25
$107.0M
$18.6M
Q3 25
$104.1M
$21.2M
Q2 25
$91.0M
$10.2M
Q1 25
$101.1M
$11.8M
Q4 24
$84.7M
$12.3M
Q3 24
$87.5M
$11.0M
Q2 24
$21.0M
$15.4M
Gross Margin
FHI
FHI
RVLV
RVLV
Q1 26
Q4 25
53.3%
Q3 25
54.6%
Q2 25
54.1%
Q1 25
52.0%
Q4 24
52.5%
Q3 24
51.2%
Q2 24
54.0%
Operating Margin
FHI
FHI
RVLV
RVLV
Q1 26
26.4%
Q4 25
28.1%
6.3%
Q3 25
27.6%
7.1%
Q2 25
27.6%
5.8%
Q1 25
31.1%
5.0%
Q4 24
26.0%
3.9%
Q3 24
27.4%
5.0%
Q2 24
10.1%
5.8%
Net Margin
FHI
FHI
RVLV
RVLV
Q1 26
20.1%
Q4 25
22.2%
5.7%
Q3 25
22.2%
7.2%
Q2 25
21.4%
3.3%
Q1 25
23.9%
4.0%
Q4 24
19.9%
4.2%
Q3 24
21.4%
3.9%
Q2 24
5.2%
5.4%
EPS (diluted)
FHI
FHI
RVLV
RVLV
Q1 26
Q4 25
$1.38
$0.27
Q3 25
$1.34
$0.29
Q2 25
$1.16
$0.14
Q1 25
$1.25
$0.16
Q4 24
$1.08
$0.18
Q3 24
$1.06
$0.15
Q2 24
$0.20
$0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FHI
FHI
RVLV
RVLV
Cash + ST InvestmentsLiquidity on hand
$292.3M
Total DebtLower is stronger
$348.4M
Stockholders' EquityBook value
$100.8B
$512.5M
Total Assets
$2.1B
$765.0M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FHI
FHI
RVLV
RVLV
Q1 26
Q4 25
$582.5M
$292.3M
Q3 25
$506.3M
$315.4M
Q2 25
$371.0M
$310.7M
Q1 25
$387.6M
$300.8M
Q4 24
$504.4M
$256.6M
Q3 24
$375.0M
$252.8M
Q2 24
$307.4M
$244.7M
Total Debt
FHI
FHI
RVLV
RVLV
Q1 26
$348.4M
Q4 25
$348.4M
Q3 25
$348.3M
Q2 25
$348.2M
Q1 25
$348.2M
Q4 24
$348.1M
Q3 24
$348.0M
Q2 24
$348.0M
Stockholders' Equity
FHI
FHI
RVLV
RVLV
Q1 26
$100.8B
Q4 25
$1.2B
$512.5M
Q3 25
$1.2B
$490.2M
Q2 25
$1.1B
$468.6M
Q1 25
$1.1B
$453.4M
Q4 24
$1.1B
$437.8M
Q3 24
$1.1B
$420.8M
Q2 24
$1.0B
$405.8M
Total Assets
FHI
FHI
RVLV
RVLV
Q1 26
$2.1B
Q4 25
$2.2B
$765.0M
Q3 25
$2.2B
$751.3M
Q2 25
$2.2B
$722.9M
Q1 25
$2.0B
$713.9M
Q4 24
$2.1B
$665.5M
Q3 24
$2.0B
$670.9M
Q2 24
$1.9B
$657.8M
Debt / Equity
FHI
FHI
RVLV
RVLV
Q1 26
0.00×
Q4 25
0.29×
Q3 25
0.29×
Q2 25
0.31×
Q1 25
0.32×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FHI
FHI
RVLV
RVLV
Operating Cash FlowLast quarter
$-10.2M
Free Cash FlowOCF − Capex
$-13.3M
FCF MarginFCF / Revenue
-4.1%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
-0.55×
TTM Free Cash FlowTrailing 4 quarters
$48.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FHI
FHI
RVLV
RVLV
Q1 26
Q4 25
$297.3M
$-10.2M
Q3 25
$103.1M
$11.8M
Q2 25
$18.8M
$12.6M
Q1 25
$14.3M
$45.1M
Q4 24
$346.6M
$3.9M
Q3 24
$117.1M
$9.1M
Q2 24
$88.7M
$-24.7M
Free Cash Flow
FHI
FHI
RVLV
RVLV
Q1 26
Q4 25
$294.6M
$-13.3M
Q3 25
$101.6M
$7.5M
Q2 25
$18.0M
$10.4M
Q1 25
$13.3M
$43.4M
Q4 24
$342.5M
$2.1M
Q3 24
$114.1M
$8.0M
Q2 24
$82.7M
$-25.7M
FCF Margin
FHI
FHI
RVLV
RVLV
Q1 26
Q4 25
61.0%
-4.1%
Q3 25
21.6%
2.5%
Q2 25
4.2%
3.4%
Q1 25
3.1%
14.6%
Q4 24
80.7%
0.7%
Q3 24
27.9%
2.8%
Q2 24
20.5%
-9.1%
Capex Intensity
FHI
FHI
RVLV
RVLV
Q1 26
Q4 25
0.6%
1.0%
Q3 25
0.3%
1.5%
Q2 25
0.2%
0.7%
Q1 25
0.2%
0.6%
Q4 24
0.9%
0.6%
Q3 24
0.7%
0.4%
Q2 24
1.5%
0.4%
Cash Conversion
FHI
FHI
RVLV
RVLV
Q1 26
Q4 25
2.78×
-0.55×
Q3 25
0.99×
0.56×
Q2 25
0.21×
1.24×
Q1 25
0.14×
3.82×
Q4 24
4.09×
0.32×
Q3 24
1.34×
0.83×
Q2 24
4.22×
-1.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FHI
FHI

Investment advisory fees, net$319.4M67%
Administrative service fees, net-affiliates$110.3M23%
Other$49.3M10%

RVLV
RVLV

Fashion Apparel$155.1M48%
Dresses$76.4M24%
Handbags Shoes And Accessories$67.6M21%
Beauty$20.3M6%
Manufactured Product Other$5.0M2%
Breakage On Store Credit And Gift Cards$900.0K0%

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