Federated Hermes (FHI) Research & Development (2009 - 2026)
Federated Hermes' (FHI) quarterly Research & Development came in at $26.0 million in Q2 2026, up 10.51% year-over-year from $23.5 million in Q2 2025, and down 1.94% quarter-over-quarter from $26.5 million in Q1 2026.
Analysis
Federated Hermes (FHI) Research & Development (2009 - 2026) Analysis & Trends
Federated Hermes has disclosed Research & Development across 18 years of filings, most recently posting $26.0 million for Q2 2026.
- In Q2 2026, Research & Development rose 10.51% year-over-year to $26.0 million; the TTM figure through Jun 2026 stood at $103.2 million (up 8.35% YoY), while the FY2025 annual figure was $98.4 million, up 6.41% from the prior year.
- Research & Development came in at $26.0 million for Q2 2026 at Federated Hermes, down from $26.5 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $26.5 million in Q1 2026 to a low of $18.4 million in Q2 2022.
- Average Research & Development over 5 years is $22.5 million, with a median of $22.6 million recorded in 2023.
- Year-over-year, Research & Development fell 2.68% in 2022 and climbed 19.67% in 2023.
- Over 5 years, Research & Development stood at $20.5 million in 2022, then gained by 1.92% to $20.9 million in 2023, then advanced by 13.84% to $23.8 million in 2024, then rose by 3.67% to $24.7 million in 2025, then advanced 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.98 Bn | 151.11 Bn | - | - |
| 2 | Spdr Gold Trust | 143.46 Bn | -414.54 Bn | - | - |
| 3 | Ishares Gold Trust | 30.01 Bn | -30.09 Bn | - | - |
| 4 | World Gold Trust | 29.01 Bn | -74.06 Bn | - | - |
| 5 | Principal Financial | 24.83 Bn | -28.13 Bn | 1.91 Bn | - |
| 6 | iShares Silver Trust | 21.45 Bn | -6.76 Bn | - | - |
| 7 | Franklin Resources | 17.39 Bn | 13.67 Bn | - | 555.40 Mn |
| 8 | Invesco | 14.41 Bn | 13.50 Bn | 1.79 Bn | - |
| 9 | Affiliated Managers | 9.35 Bn | 8.94 Bn | - | - |
| 10 | Federated Hermes | 4.39 Bn | 3.97 Bn | 381.01 Mn | 25.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.95 Mn |
| Mar 31, 2026 | 26.46 Mn |
| Dec 31, 2025 | 24.72 Mn |
| Sep 30, 2025 | 26.02 Mn |
| Jun 30, 2025 | 23.48 Mn |
| Mar 31, 2025 | 24.23 Mn |
| Dec 31, 2024 | 23.84 Mn |
| Sep 30, 2024 | 23.66 Mn |
| Jun 30, 2024 | 23.19 Mn |
| Mar 31, 2024 | 21.82 Mn |
| Dec 31, 2023 | 20.94 Mn |
| Sep 30, 2023 | 21.21 Mn |
| Jun 30, 2023 | 22.07 Mn |
| Mar 31, 2023 | 19.97 Mn |
| Dec 31, 2022 | 20.55 Mn |
| Sep 30, 2022 | 19.29 Mn |
| Jun 30, 2022 | 18.45 Mn |
| Mar 31, 2022 | 19.49 Mn |
| Dec 31, 2021 | 19.34 Mn |
| Sep 30, 2021 | 18.54 Mn |