NYSE: FHI
FEDERATED HERMES, INC.CIK 0001056288 · Financials · SIC 6282 · Investment Advice
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Latest financial statements
From 10-Q filed Jul 31, 2026 (period ending Jun 30, 2026). SEC XBRL (companyfacts) — not generated by the model.
Consolidated Statements of Operations (Unaudited)
| Description | Q2 ended Jun 30, 2026 | Q1 ended Mar 31, 2026 |
|---|---|---|
| Revenue: | ||
| Total revenue / net sales | 502.8 | 479.0 |
| Operating expenses: | ||
| Total operating expenses | 369.9 | 352.6 |
| Operating income | 132.9 | 126.3 |
| Other income/(expense), net | 11.1 | 3.4 |
| Income before income taxes | 144.0 | 129.8 |
| Income tax expense/(benefit) | 37.2 | 33.8 |
| Net income | 104.3 | 96.4 |
| Basic earnings per share | 1.38 | 1.27 |
| Diluted earnings per share | 1.38 | 1.27 |
Consolidated Balance Sheets (Unaudited)
| Description | Jun 30, 2026 | Mar 31, 2026 |
|---|---|---|
| Current assets: | ||
| Cash and equivalents | 301.7 | 513.9 |
| Prepaid expenses and other current assets | 13.0 | 12.8 |
| Other current assets | 345.8 | 261.9 |
| Total current assets | 660.5 | 788.6 |
| Property, plant and equipment, net | 26.4 | 28.2 |
| Operating lease right-of-use assets, net | 90.5 | 89.3 |
| Identifiable intangible assets, net | 421.8 | 325.1 |
| Goodwill | 1,081 | 848.9 |
| Deferred income taxes and other assets | 49.9 | 63.7 |
| TOTAL ASSETS | 2,330 | 2,144 |
| Current liabilities: | ||
| Current portion of operating lease liabilities | 20.0 | 18.9 |
| Accrued liabilities | 22.3 | 18.8 |
| Other current liabilities | 212.5 | 203.0 |
| Total current liabilities | 254.8 | 240.7 |
| Long-term debt | 348.5 | 348.4 |
| Operating lease liabilities | 83.5 | 83.2 |
| Deferred income taxes and other liabilities | 182.7 | 184.3 |
| Other long-term liabilities | 63.9 | 24.3 |
| Total liabilities | 933.3 | 881.0 |
| Redeemable preferred stock | 144.2 | 58.5 |
| Shareholders' equity: | ||
| Capital in excess of stated value | 8.3 | |
| Accumulated other comprehensive income (loss) | (1.5) | (2.4) |
| Retained earnings (deficit) | 1,669 | 1,591 |
| Treasury stock | 973.8 | 929.5 |
| Total shareholders' equity | 1,253 | 1,204 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 2,330 | 2,144 |
Consolidated Statements of Cash Flows (Unaudited)
| Description | Six months ended Jun 30, 2026 | Q1 ended Mar 31, 2026 |
|---|---|---|
| Operating Activities: | ||
| Net cash from operating activities | 109.7 | 28.8 |
| Investing Activities: | ||
| Net cash from investing activities | (215.1) | 1.2 |
| Financing Activities: | ||
| Net cash from financing activities | (174.2) | (97.2) |
| Net increase/(decrease) in cash | (282.1) | (70.0) |
Amounts in millions USD; EPS as reported. Line labels are presentation-friendly mappings of filer XBRL tags — not a re-audit of the full statements. Use EDGAR for interactive notes and detail. Interactive statements & notes on EDGAR ↗