Federated Hermes Q2 revenue +18.3% to $502.8M, net income +14.6% to $104.3M; FCP acquisition closes

Filed July 31, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 1, 2025 · ~1 min read

Key Changes

• high

  Revenue rose 18.3% to $502.8M.

  MD&A: Revenue verify on EDGAR →
• high

  Net income increased 14.6% to $104.3M, with diluted EPS up 19.0% to $1.38, aided by share repurchases.

  MD&A: Net income verify on EDGAR →
• high

  Completed 80% acquisition of FCP, a real estate investment manager, for $216.0M cash and $23.1M stock, adding $911.6B in managed assets.

  Notes: FCP acquisition verify on EDGAR →