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

Federated Hermes (FHI) has 9 years of Cost of Revenue data on file, last reported at $125.7 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 26.91% year-over-year to $125.7 million; the trailing twelve-month figure through Mar 2026 stood at $461.1 million (up 19.28% YoY), and the FY2025 full-year result was $434.4 million, up 13.62% from the prior year.
• Cost of Revenue advanced to $125.7 million in Q1 2026, 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.
• A 5-year average of $95.8 million and a median of $94.9 million in 2024 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue soared 136.53% in 2022 and retreated 3.69% in 2024, its largest moves.
• Tracing FHI's Cost of Revenue over 5 years: stood at $90.7 million in 2022, then advanced by 0.25% to $90.9 million in 2023, then grew by 7.84% to $98.1 million in 2024, then rose by 24.75% to $122.3 million in 2025, then grew by 2.78% to $125.7 million in 2026.
• Business Quant data shows FHI's Cost of Revenue at $125.7 million in Q1 2026, $122.3 million in Q4 2025, and $113.6 million in Q3 2025.