Federated Hermes (FHI) Operating Expenses (2009 - 2026)

Federated Hermes has disclosed Operating Expenses across 18 years of filings, most recently posting $352.6 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $352.6 million, up 20.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 6.57% YoY), and the FY2025 annual result was $1.3 billion, up 1.27% from the prior year.
• Operating Expenses came in at $352.6 million for Q1 2026 at Federated Hermes, up from $347.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $361.9 million in Q2 2024 to a low of $240.8 million in Q1 2022.
• The 5-year median for Operating Expenses is $301.2 million (2023), against an average of $308.3 million.
• Across the five-year window, Operating Expenses jumped 33.08% in 2022 and declined 14.95% in 2025, its largest moves.
• Federated Hermes' Operating Expenses stood at $310.2 million in 2022, then declined by 6.84% to $288.9 million in 2023, then advanced by 8.77% to $314.3 million in 2024, then gained by 10.5% to $347.3 million in 2025, then rose by 1.55% to $352.6 million in 2026.
• The last three Operating Expenses figures came in at $352.6 million (Q1 2026), $347.3 million (Q4 2025), and $340.0 million (Q3 2025), per Business Quant data.