Cohen & Steers (CNS) Operating Expenses (2010 - 2026)
Cohen & Steers (CNS) posted quarterly Operating Expenses of $100.0 million for Q2 2026, up 7.71% year-over-year from $92.8 million in Q2 2025, and up 4.65% on a QoQ basis from $95.5 million in Q1 2026.
Cohen & Steers (CNS) Operating Expenses (2010 - 2026) Analysis & Trends
Cohen & Steers has reported Operating Expenses for 17 years, with the latest figure at $100.0 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $100.0 million, up 7.71% year-over-year; the trailing twelve-month figure through Jun 2026 was $470.4 million (up 7.84% YoY), and the FY2025 annual result was $378.4 million, up 9.82% from the prior year.
- Operating Expenses rose to $100.0 million in Q2 2026, from $95.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $274.9 million in Q3 2025 and troughed at $14.5 million in Q4 2022.
- A 5-year average of $117.6 million and a median of $89.3 million in 2025 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2022, when Operating Expenses tumbled 81.64%; it then jumped 194.6% in 2023.
- A 5-year view of Operating Expenses shows it stood at $14.5 million in 2022, then surged by 1578.17% to $243.8 million in 2023, then grew by 4.21% to $254.1 million in 2024, then climbed by 8.18% to $274.9 million in 2025, then slumped by 63.64% to $100.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $100.0 million in Q2 2026, $95.5 million in Q1 2026, and $274.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 4.62 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 2.38 Bn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 5.41 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 1.64 Bn |
| 10 | Cohen & Steers | 4.16 Bn | 4.10 Bn | - | 99.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 99.96 Mn |
| 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 |