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

Federated Hermes has reported Cost of Revenue for 9 years, with the latest figure at $121.8 million in Q2 2026.

• Cost of Revenue for Q2 2026 came in at $121.8 million, up 22.5% year-over-year; the trailing twelve-month figure through Jun 2026 was $483.4 million (up 23.19% YoY), and the FY2025 annual result was $434.4 million, up 13.62% from the prior year.
• Cost of Revenue retreated to $121.8 million in Q2 2026, from $125.7 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $125.7 million in Q1 2026 and troughed at $48.6 million in Q1 2022.
• A 5-year average of $97.2 million and a median of $95.4 million in 2024 frame the typical range for Cost of Revenue.
• The widest annual swing landed in 2022, when Cost of Revenue soared 136.53%; it then retreated 3.69% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $90.7 million in 2022, then increased by 0.25% to $90.9 million in 2023, then gained by 7.84% to $98.1 million in 2024, then climbed by 24.75% to $122.3 million in 2025, then declined by 0.47% to $121.8 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $121.8 million in Q2 2026, $125.7 million in Q1 2026, and $122.3 million in Q4 2025.