Cohen & Steers (CNS) Operating Expenses (2010 - 2026)
Cohen & Steers' (CNS) quarterly Operating Expenses came in at $100.0 million in Q2 2026, up 7.71% year-over-year from $92.8 million in Q2 2025, and up 4.65% quarter-over-quarter from $95.5 million in Q1 2026.
Analysis
Cohen & Steers (CNS) Operating Expenses (2010 - 2026) Analysis & Trends
Cohen & Steers has disclosed Operating Expenses across 17 years of filings, most recently posting $100.0 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 7.71% year-over-year to $100.0 million; the TTM figure through Jun 2026 stood at $563.2 million (up 8.41% YoY), while the FY2025 annual figure was $378.4 million, up 9.82% from the prior year.
- Operating Expenses came in at $100.0 million for Q2 2026 at Cohen & Steers, up from $95.5 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 $78.6 million in Q4 2022.
- Average Operating Expenses over 5 years is $121.9 million, with a median of $89.3 million recorded in 2025.
- The largest YoY upside for Operating Expenses was 194.6% in 2023 against a maximum downside of 21.33% in 2023.
- Over 5 years, Operating Expenses stood at $78.6 million in 2022, then surged by 210.37% to $243.8 million in 2023, then advanced by 4.21% to $254.1 million in 2024, then gained 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.98 Bn | 151.11 Bn | - | 4.62 Bn |
| 2 | Spdr Gold Trust | 143.46 Bn | -414.54 Bn | - | 149.76 Mn |
| 3 | Ishares Gold Trust | 30.01 Bn | -30.09 Bn | - | 43.37 Mn |
| 4 | World Gold Trust | 29.01 Bn | -74.06 Bn | - | 7.55 Mn |
| 5 | Principal Financial | 24.83 Bn | -28.13 Bn | 1.91 Bn | 3.41 Bn |
| 6 | iShares Silver Trust | 21.45 Bn | -6.76 Bn | - | 44.44 Mn |
| 7 | Franklin Resources | 17.39 Bn | 13.67 Bn | - | 2.14 Bn |
| 8 | Invesco | 14.41 Bn | 13.50 Bn | 1.79 Bn | 1.46 Bn |
| 9 | Affiliated Managers | 9.35 Bn | 8.94 Bn | - | 486.70 Mn |
| 10 | Cohen & Steers | 3.95 Bn | 3.90 Bn | - | 99.96 Mn |
Historic Data
Download Data
Historic 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 | 78.56 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 |