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Federated Hermes FHI Other Service Fees, net — Total Revenue

Other product segments

Investment Advisory
$252.4M+13.0%
Administrative Service Fees, net—Affiliates
$110.29M+9.1%

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Other financials

Income statement

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Revenue$479.0M+13.1%
Operating income$126.3M-4.1%
Net income$96.4M-4.7%
EPS (diluted)$1.27+1.6%

Balance sheet

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Cash & equivalents$513.9M+32.6%
Total debt$450.5M-1.9%
Total equity$1.2B+11.9%
Total assets$2.1B+7.1%

Cash flow

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Operating cash flow$28.8M+102%
CapEx$4.8M+398%
Free cash flow$24.0M+80.1%

Valuation

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Market cap$4.48B+30.1%
Enterprise value$4.42B+25.5%
P/E11.3×-0.5×
P/S2.4×+0.3×

Profitability

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Operating margin27.4%+3.6pp
Net margin21.5%+3.7pp
FCF margin16.4%-4.2pp

Returns & leverage

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Return on equity35%+8.5pp
Debt / equity0.4×-0.1×
Current ratio3.3×+0.2×

Where this comes from

Reported directly by Federated Hermes in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Federated Hermes’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Federated Hermes's other service fees, net — total revenue?
Federated Hermes (FHI) reported other service fees, net — total revenue of $44.79M in Q1 2026.
How has Federated Hermes's other service fees, net — total revenue changed year-over-year?
Federated Hermes's other service fees, net — total revenue increased by 45.1% year-over-year, from $30.87M to $44.79M.
What is the long-term trend for Federated Hermes's other service fees, net — total revenue?
Over 4 years (2021 to 2025), Federated Hermes's other service fees, net — total revenue has grown at a 24.8% compound annual growth rate (CAGR), from $61.33M to $148.65M.
What does other service fees, net — total revenue mean?
This metric represents the total revenue generated from ancillary services provided to clients that fall outside of core asset management and investment advisory fee structures. These fees typically include administrative, distribution, or specialized support services provided to investment funds and institutional accounts. Tracking this revenue stream helps investors assess the company's ability to monetize non-core service offerings and diversify income beyond traditional management fees.