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Federated Hermes FHI Operating Income

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Other financials

Income statement

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Revenue$479.0M+13.1%
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$4.72B+18.3%
Enterprise value$4.66B+14.2%
P/E11.9×+0.9×
P/S2.5×+0.2×

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:OperatingIncomeLoss.

The source filing: Federated Hermes’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 4:21 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001056288-26-000018
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Intangible Asset Related3,4223,196
Other3,531(14,638)
Total Operating Expenses352,626291,768
Operating Income126,331131,772
Nonoperating Income (Expenses)
Investment Income, net6,2406,513
Gain (Loss) on Securities, net413962
Debt Expense(3,185)(3,179)

Item 1. Financial Statements

FAQ

What is Federated Hermes's operating income?
Federated Hermes (FHI) reported operating income of $126.33M in Q1 2026.
How has Federated Hermes's operating income changed year-over-year?
Federated Hermes's operating income decreased by 4.1% year-over-year, from $131.77M to $126.33M.
What is the long-term trend for Federated Hermes's operating income?
Over 4 years (2021 to 2025), Federated Hermes's operating income has grown at a 8.8% compound annual growth rate (CAGR), from $366.27M to $513.88M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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