Federated Hermes (FHI) Research & Development (2009 - 2026)
Federated Hermes (FHI) reported Research & Development of $26.5 million for Q1 2026, up 644.81% on a YoY basis from $3.6 million in Q1 2025, and up 465.81% sequentially from $4.7 million in Q4 2025.
Federated Hermes (FHI) Research & Development (2009 - 2026) Analysis & Trends
Federated Hermes (FHI) has 18 years of Research & Development data on file, last reported at $26.5 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 644.81% year-over-year to $26.5 million; the trailing twelve-month figure through Mar 2026 stood at $39.9 million (up 13.69% YoY), and the FY2025 full-year result was $17.0 million, up 10.47% from the prior year.
- Research & Development rose to $26.5 million in Q1 2026, from $4.7 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $73.1 million in Q4 2023 to a low of $1.8 million in Q1 2022.
- A 5-year average of $16.3 million and a median of $18.4 million in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 1954.12% in 2022 and tumbled 94.45% in 2024, its largest moves.
- Tracing FHI's Research & Development over 5 years: stood at $3.9 million in 2022, then jumped by 1768.18% to $73.1 million in 2023, then plunged by 94.45% to $4.1 million in 2024, then advanced by 15.25% to $4.7 million in 2025, then jumped by 465.81% to $26.5 million in 2026.
- Business Quant data shows FHI's Research & Development at $26.5 million in Q1 2026, $4.7 million in Q4 2025, and $4.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | - |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 637.00 Mn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | - |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 75.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Federated Hermes | 4.16 Bn | 3.70 Bn | 353.21 Mn | 26.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 898,000.00 |