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Federated Hermes Inc 10-Q Filings

FHI NYSE

Every 10-Q that Federated Hermes Inc (FHI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow FHI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FHI filings page.

Rhea-AI Summary

Federated Hermes, Inc. reported for the three months ended June 30, 2026 total revenue of $502,776 (dollars in thousands), up from $424,844 (dollars in thousands) a year earlier. Net income attributable to the company was $104,318 (dollars in thousands), or $1.38 per diluted share, compared with $91,000 (dollars in thousands), or $1.16. For the six-month period, revenue was $981,733 (dollars in thousands) and net income was $200,696 (dollars in thousands), with cash dividends per share of $0.72; the board later declared a further $0.38 dividend payable on August 14, 2026.

Total assets were $2,330,154 (dollars in thousands) at June 30, 2026, including cash and cash equivalents of $301,727 (dollars in thousands) and long-term debt of about $348.5 million. Operating activities provided $109,727 (dollars in thousands) of cash in the first half, while investing activities used $215,096 (dollars in thousands), largely reflecting the acquisition of an 80% interest in FCP Fund Manager, L.P. with total preliminary purchase price consideration of $272.8 (in millions). That transaction added $231.7 (in millions) of goodwill and $102.8 (in millions) of intangible assets and created redeemable noncontrolling interests of $68.2 (in millions). Federated Hermes ended June with $911.6 billion in assets under management, continued significant fee waivers of $220.3 (in millions) year-to-date, and repurchased about 2.3 million Class B shares for $124.9 million, while also disclosing ongoing legal and insurance matters that management does not currently expect to have a material adverse effect.

Rhea-AI Summary

Federated Hermes, Inc. reports Q1 2026 results and details major strategic moves. Revenue reached $478.957 million versus $423.540 million a year earlier, while net income attributable to the company was $96.378 million, or $1.27 per share.

Assets under management were $907.1 billion as of March 31, 2026. The company repurchased about 1.2 million Class B shares for $66.0 million and paid a quarterly dividend of $0.34 per share, with a $0.38 dividend declared for May 2026. Fee waivers totaled $110.1 million, mainly in money market funds.

Federated Hermes completed the acquisition of an 80% interest in real estate manager FCP for $216.0 million in cash plus Class B stock valued at $23.1 million, with up to $82.0 million of potential contingent payments. The firm also refinanced its $350 million revolving credit facility and highlights extensive ongoing U.S. regulatory developments.

Rhea-AI Summary

Federated Hermes, Inc. (FHI) reported higher Q3 results. Revenue rose to $469.4 million from $408.5 million, and net income increased to $104.1 million from $87.5 million. Earnings per share were $1.34, up from $1.06. For the nine months, revenue reached $1.318 billion and net income was $296.3 million.

The company completed a majority acquisition of U.K.-based Rivington Energy Management on April 7, 2025, paying £23.6 million ($30.0 million) for 60%, with contingent payments up to £10.7 million ($13.6 million). The preliminary purchase price allocation includes $44.1 million of goodwill and $5.0 million of intangible assets. Cash and cash equivalents were $506.3 million at September 30, 2025.

FHI repurchased approximately 4.6 million Class B shares for $184.7 million year-to-date, with about 6.1 million shares remaining under authorizations. The quarterly dividend was $0.34 per share. Money market offerings drove 52% of Q3 revenue, with the Government Obligations Fund and Prime Cash Obligations Fund contributing 17% and 11% of revenue, respectively. Long-term debt stood at $348.3 million at a 3.29% fixed rate, and the $350 million revolver had no borrowings.