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Federated Hermes FHI Communications And Information Technology

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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:CommunicationsAndInformationTechnology.

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 communications and information technology?
Federated Hermes (FHI) reported communications and information technology of $26.46M in Q1 2026.
How has Federated Hermes's communications and information technology changed year-over-year?
Federated Hermes's communications and information technology increased by 9.2% year-over-year, from $24.23M to $26.46M.
What is the long-term trend for Federated Hermes's communications and information technology?
Over 4 years (2021 to 2025), Federated Hermes's communications and information technology has grown at a 6.9% compound annual growth rate (CAGR), from $75.43M to $98.45M.
What does communications and information technology mean?
This metric represents the total costs associated with maintaining the firm's information technology infrastructure, data systems, and communication networks. It reflects the operational investment required to support digital asset management platforms and secure client data connectivity. Monitoring this expense helps assess the firm's commitment to technological efficiency and cybersecurity infrastructure.