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

Federated Hermes' Operating Expenses history runs 18 years deep, the most recent figure standing at $352.6 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 20.86% year-over-year to $352.6 million; the TTM figure through Mar 2026 stood at $1.3 billion (up 6.57% YoY), while the FY2025 annual figure 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.
• A 5-year average of $308.3 million and a median of $301.2 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses surged 33.08% in 2022 and fell 14.95% in 2025, its largest moves.
• Federated Hermes' Operating Expenses stood at $310.2 million in 2022, then fell by 6.84% to $288.9 million in 2023, then climbed by 8.77% to $314.3 million in 2024, then advanced by 10.5% to $347.3 million in 2025, then gained by 1.55% to $352.6 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $352.6 million, $347.3 million, and $340.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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