Federated Hermes (FHI) Research & Development (2009 - 2026)
Federated Hermes (FHI) posted quarterly Research & Development of $26.0 million for Q2 2026, up 10.51% year-over-year from $23.5 million in Q2 2025, and down 1.94% on a QoQ basis from $26.5 million in Q1 2026.
Federated Hermes (FHI) Research & Development (2009 - 2026) Analysis & Trends
Federated Hermes has reported Research & Development for 18 years, with the latest figure at $26.0 million in Q2 2026.
- Research & Development for Q2 2026 came in at $26.0 million, up 10.51% year-over-year; the trailing twelve-month figure through Jun 2026 was $103.2 million (up 8.35% YoY), and the FY2025 annual result was $98.4 million, up 6.41% from the prior year.
- Research & Development retreated to $26.0 million in Q2 2026, from $26.5 million in the prior quarter.
- Over five years, Research & Development peaked at $26.5 million in Q1 2026 and troughed at $18.4 million in Q2 2022.
- A 5-year average of $22.5 million and a median of $22.6 million in 2023 frame the typical range for Research & Development.
- The widest annual swing landed in 2022, when Research & Development declined 2.68%; it then advanced 19.67% in 2023.
- A 5-year view of Research & Development shows it stood at $20.5 million in 2022, then climbed by 1.92% to $20.9 million in 2023, then grew by 13.84% to $23.8 million in 2024, then advanced by 3.67% to $24.7 million in 2025, then grew by 4.98% to $26.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $26.0 million in Q2 2026, $26.5 million in Q1 2026, and $24.7 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | - |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | - |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | - |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | - |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 589.00 Mn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | - |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 203.00 Mn |
| 10 | Federated Hermes | 4.57 Bn | 4.15 Bn | 381.01 Mn | 25.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.95 Mn |
| Mar 31, 2026 | 26.46 Mn |
| Dec 31, 2025 | 4.68 Mn |
| Sep 30, 2025 | 4.67 Mn |
| Jun 30, 2025 | 4.12 Mn |
| Mar 31, 2025 | 3.55 Mn |
| Dec 31, 2024 | 4.06 Mn |
| Sep 30, 2024 | 23.66 Mn |
| Jun 30, 2024 | 3.85 Mn |
| Mar 31, 2024 | 21.82 Mn |
| Dec 31, 2023 | 73.10 Mn |
| Sep 30, 2023 | 21.21 Mn |
| Jun 30, 2023 | 22.07 Mn |
| Mar 31, 2023 | 19.97 Mn |
| Dec 31, 2022 | 3.91 Mn |
| Sep 30, 2022 | 19.29 Mn |
| Jun 30, 2022 | 18.45 Mn |
| Mar 31, 2022 | 1.80 Mn |
| Dec 31, 2021 | -50.75 Mn |
| Sep 30, 2021 | 18.54 Mn |