Federated Hermes (FHI) Research & Development (2009 - 2026)
Federated Hermes recorded quarterly Research & Development of $26.5 million in Q1 2026, up 465.81% quarter-over-quarter from $4.7 million in Q4 2025, and up 9.23% year-over-year from $24.2 million in Q1 2025.
Federated Hermes' Research & Development history runs 18 years deep, the most recent figure standing at $26.5 million for Q1 2026.
- In Q1 2026, Research & Development rose 9.23% year-over-year to $26.5 million; the TTM figure through Mar 2026 stood at $59.3 million (up 3939.77% YoY), while the FY2025 annual figure was $17.0 million, up 10.47% from the prior year.
- Research & Development came in at $26.5 million for Q1 2026 at Federated Hermes, up from $4.7 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $69.2 million in Q4 2022 to a low of -$53.3 million in Q4 2024.
- A 5-year average of $16.1 million and a median of $20.9 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 6485.81% in 2022 and plunged 354.36% in 2024, its largest moves.
- Federated Hermes' Research & Development stood at $69.2 million in 2022, then tumbled by 69.75% to $20.9 million in 2023, then slumped by 354.36% to -$53.3 million in 2024, then surged by 108.78% to $4.7 million in 2025, then soared by 465.81% to $26.5 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $26.5 million, $4.7 million, and $4.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | - |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 637.00 Mn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | - |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Federated Hermes | 4.09 Bn | 3.63 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 | 23.48 Mn |
| Mar 31, 2025 | 24.23 Mn |
| Dec 31, 2024 | -53.27 Mn |
| Sep 30, 2024 | 23.66 Mn |
| Jun 30, 2024 | 3.85 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 | 69.24 Mn |
| Sep 30, 2022 | 3.42 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 |
| Jun 30, 2021 | 18.95 Mn |
| Mar 31, 2021 | 296,000.00 |
| Dec 31, 2020 | -41.61 Mn |
| Sep 30, 2020 | 16.19 Mn |
| Jun 30, 2020 | 325,000.00 |
| Mar 31, 2020 | 14.90 Mn |
| Dec 31, 2019 | 4.18 Mn |
| Sep 30, 2019 | 4.16 Mn |
| Jun 30, 2019 | 4.46 Mn |
| Mar 31, 2019 | 12.79 Mn |
| Dec 31, 2018 | 4.63 Mn |
| Sep 30, 2018 | 12.21 Mn |
| Jun 30, 2018 | 3.52 Mn |
| Mar 31, 2018 | 8.43 Mn |
| Dec 31, 2017 | 3.50 Mn |
| Sep 30, 2017 | 7.99 Mn |
| Jun 30, 2017 | 8.04 Mn |
| Mar 31, 2017 | 8.23 Mn |
| Dec 31, 2016 | -10.17 Mn |
| Sep 30, 2016 | 7.76 Mn |
| Jun 30, 2016 | 3.66 Mn |
| Mar 31, 2016 | 7.87 Mn |
| Dec 31, 2015 | 7.10 Mn |
| Sep 30, 2015 | 6.68 Mn |
| Jun 30, 2015 | 6.98 Mn |
| Mar 31, 2015 | 6.87 Mn |
| Dec 31, 2014 | 16.37 Mn |
| Sep 30, 2014 | 6.39 Mn |
| Jun 30, 2014 | 6.23 Mn |
| Mar 31, 2014 | 2.86 Mn |
| Dec 31, 2013 | 16.24 Mn |
| Sep 30, 2013 | 3.34 Mn |
| Jun 30, 2013 | 6.09 Mn |
| Mar 31, 2013 | 6.62 Mn |
| Dec 31, 2012 | 3.84 Mn |
| Sep 30, 2012 | 2.91 Mn |
| Jun 30, 2012 | 6.77 Mn |
| Mar 31, 2012 | 2.75 Mn |
| Dec 31, 2011 | 5.84 Mn |
| Sep 30, 2011 | 5.83 Mn |
| Jun 30, 2011 | 3.25 Mn |
| Mar 31, 2011 | 5.58 Mn |
| Dec 31, 2010 | 5.83 Mn |
| Sep 30, 2010 | 2.69 Mn |
| Jun 30, 2010 | 2.88 Mn |
| Mar 31, 2010 | 5.76 Mn |
| Dec 31, 2009 | 5.60 Mn |
| Sep 30, 2009 | 2.32 Mn |
| Jun 30, 2009 | 5.85 Mn |