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Federated Hermes FHI Total Operating Expenses

Total Operating Expenses at other companies

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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:OperatingExpenses.

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 total operating expenses?
Federated Hermes (FHI) reported total operating expenses of $352.63M in Q1 2026.
How has Federated Hermes's total operating expenses changed year-over-year?
Federated Hermes's total operating expenses increased by 20.9% year-over-year, from $291.77M to $352.63M.
What is the long-term trend for Federated Hermes's total operating expenses?
Over 4 years (2021 to 2025), Federated Hermes's total operating expenses has grown at a 8.3% compound annual growth rate (CAGR), from $934.18M to $1.29B.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.