Cohen & Steers (CNS) Operating Expenses (2010 - 2026)
Cohen & Steers (CNS) reported Operating Expenses of $95.5 million for Q1 2026, up 7.0% on a YoY basis from $89.3 million in Q1 2025, and down 65.25% sequentially from $274.9 million in Q3 2025.
Cohen & Steers (CNS) Operating Expenses (2010 - 2026) Analysis & Trends
Cohen & Steers (CNS) has 17 years of Operating Expenses data on file, last reported at $95.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 7.0% year-over-year to $95.5 million; the trailing twelve-month figure through Mar 2026 stood at $463.2 million (up 8.56% YoY), and the FY2025 full-year result was $378.4 million, up 9.82% from the prior year.
- Operating Expenses fell to $95.5 million in Q1 2026, from $274.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $274.9 million in Q3 2025 to a low of $14.5 million in Q4 2022.
- A 5-year average of $118.9 million and a median of $87.9 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses sank 81.64% in 2022 and jumped 194.6% in 2023, its largest moves.
- Tracing CNS's Operating Expenses over 5 years: stood at $14.5 million in 2022, then surged by 1578.17% to $243.8 million in 2023, then gained by 4.21% to $254.1 million in 2024, then rose by 8.18% to $274.9 million in 2025, then plunged by 65.25% to $95.5 million in 2026.
- Business Quant data shows CNS's Operating Expenses at $95.5 million in Q1 2026, $274.9 million in Q3 2025, and $92.8 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | -14.14 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 3.88 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 2.26 Bn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 4.68 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 3.12 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 1.18 Bn |
| 10 | Cohen & Steers | 4.12 Bn | 4.12 Bn | - | 95.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 95.52 Mn |
| Sep 30, 2025 | 274.89 Mn |
| Jun 30, 2025 | 92.80 Mn |
| Mar 31, 2025 | 89.27 Mn |
| Sep 30, 2024 | 254.09 Mn |
| Jun 30, 2024 | 83.32 Mn |
| Mar 31, 2024 | 82.45 Mn |
| Sep 30, 2023 | 243.84 Mn |
| Jun 30, 2023 | 79.79 Mn |
| Mar 31, 2023 | 81.18 Mn |
| Dec 31, 2022 | 14.53 Mn |
| Sep 30, 2022 | 82.77 Mn |
| Jun 30, 2022 | 86.44 Mn |
| Mar 31, 2022 | 103.20 Mn |
| Dec 31, 2021 | 79.12 Mn |
| Sep 30, 2021 | 85.96 Mn |
| Jun 30, 2021 | 84.57 Mn |
| Mar 31, 2021 | 73.81 Mn |
| Dec 31, 2020 | 128.37 Mn |
| Sep 30, 2020 | 67.85 Mn |