Federated Hermes FHI
NYSE FHI
$61.00 -0.18 (-0.29%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Federated Hermes' (FHI) quarterly Operating Expenses came in at $369.9 million in Q2 2026, up 20.19% year-over-year from $307.8 million in Q2 2025, and up 4.9% quarter-over-quarter from $352.6 million in Q1 2026.

Analysis

Federated Hermes (FHI) Operating Expenses (2009 - 2026) Analysis & Trends

Federated Hermes has disclosed Operating Expenses across 18 years of filings, most recently posting $369.9 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 20.19% year-over-year to $369.9 million; the TTM figure through Jun 2026 stood at $1.4 billion (up 16.46% YoY), while the FY2025 annual figure was $1.3 billion, up 1.27% from the prior year.
  • Operating Expenses came in at $369.9 million for Q2 2026 at Federated Hermes, up from $352.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $369.9 million in Q2 2026 to a low of $240.8 million in Q1 2022.
  • Average Operating Expenses over 5 years is $311.7 million, with a median of $304.5 million recorded in 2023.
  • Year-over-year, Operating Expenses surged 33.08% in 2022 and fell 14.95% in 2025.
  • Over 5 years, 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 advanced by 6.52% to $369.9 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $369.9 million in Q2 2026, $352.6 million in Q1 2026, and $347.3 million in Q4 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 Federated Hermes 4.39 Bn 3.97 Bn 381.01 Mn 369.90 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 369.90 Mn
Mar 31, 2026 352.63 Mn
Dec 31, 2025 347.26 Mn
Sep 30, 2025 339.99 Mn
Jun 30, 2025 307.76 Mn
Mar 31, 2025 291.77 Mn
Dec 31, 2024 314.26 Mn
Sep 30, 2024 296.71 Mn
Jun 30, 2024 361.87 Mn
Mar 31, 2024 297.79 Mn
Dec 31, 2023 288.93 Mn
Sep 30, 2023 301.23 Mn
Jun 30, 2023 334.84 Mn
Mar 31, 2023 297.02 Mn
Dec 31, 2022 310.15 Mn
Sep 30, 2022 284.36 Mn
Jun 30, 2022 273.69 Mn
Mar 31, 2022 240.82 Mn
Dec 31, 2021 233.06 Mn
Sep 30, 2021 228.19 Mn