Federated Hermes (FHI) Cost of Revenue (2018 - 2026)

Federated Hermes has disclosed Cost of Revenue across 9 years of filings, most recently posting $125.7 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $125.7 million, up 26.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $461.1 million (up 19.28% YoY), and the FY2025 annual result was $434.4 million, up 13.62% from the prior year.
• Cost of Revenue came in at $125.7 million for Q1 2026 at Federated Hermes, up from $122.3 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $125.7 million in Q1 2026 to a low of $48.6 million in Q1 2022.
• The 5-year median for Cost of Revenue is $94.9 million (2024), against an average of $95.8 million.
• Across the five-year window, Cost of Revenue soared 136.53% in 2022 and retreated 3.69% in 2024, its largest moves.
• Federated Hermes' Cost of Revenue stood at $90.7 million in 2022, then climbed by 0.25% to $90.9 million in 2023, then increased by 7.84% to $98.1 million in 2024, then gained by 24.75% to $122.3 million in 2025, then increased by 2.78% to $125.7 million in 2026.
• The last three Cost of Revenue figures came in at $125.7 million (Q1 2026), $122.3 million (Q4 2025), and $113.6 million (Q3 2025), per Business Quant data.