North America was Cohen & Steers’s largest region in fiscal 2025, bringing in $484.24M of $556.12M (87%).
| Geography | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | $496.37M | $423.13M | $449.41M | $484.24M | |||||||||||
| United States | — | — | — | — | |||||||||||
| Japan | $36.06M | $31.87M | $31.70M | $31.07M | |||||||||||
| Europe, Middle East & Africa | $21.44M | $21.42M | $20.74M | $23.44M | |||||||||||
| Europe | — | — | — | — | |||||||||||
| Other | — | — | — | — | |||||||||||
| Asia Pacific, Excluding Japan | $13.04M | $13.22M | $15.57M | $17.37M | |||||||||||
| Asia, Excluding Japan | — | — | — | — | |||||||||||
| Total | $566.91M | $489.64M | $517.42M | $556.12M |
Cohen & Steers brought in $556.12M from its four regions in fiscal 2025, the year ended December 31, 2025. That was up 7.5% from $517.42M in fiscal 2024. North America was the largest at $484.24M (87.1%), ahead of Japan at $31.07M (5.6%) and Europe, Middle East & Africa at $23.44M (4.2%). The remaining region, Asia Pacific, Excluding Japan, brought in $17.37M.
Compared with fiscal 2024, Europe, Middle East & Africa grew fastest, up 13.0% to $23.44M, while Japan fell the most, down 2.0% to $31.07M. From fiscal 2022 to 2025, combined revenue from these regions fell from $566.91M to $556.12M, a compound annual decline of 0.6%. North America's share held steady at about 87.1%.
Investment Advisory & Administration Fees was Cohen & Steers’s largest product and service line in fiscal 2025, bringing in $524.83M of $556.12M (94%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Investment Advisory & Administration Fees | $529.31M | $459.41M | $487.06M | $524.83M | ||||||
| Open-End Funds | — | — | — | — | ||||||
| Institutional Accounts | — | — | — | — | ||||||
| Closed-End Funds | — | — | — | — | ||||||
| Distribution & Service Fees | $35.09M | $28.20M | $28.14M | $29.34M | ||||||
| Other (2) | — | — | — | — | ||||||
| Portfolio Consulting & Other | — | — | — | — | ||||||
| Other | $2.50M | $2.03M | $2.22M | $1.94M | ||||||
| Total | $566.91M | $489.64M | $517.42M | $556.12M |
Cohen & Steers brought in $556.12M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 7.5% from $517.42M in fiscal 2024. Investment Advisory & Administration Fees was the largest at $524.83M (94.4%), ahead of Distribution & Service Fees at $29.34M (5.3%) and Other at $1.94M (0.3%).
Compared with fiscal 2024, Investment Advisory & Administration Fees grew 7.8% to $524.83M and Distribution & Service Fees grew 4.2% to $29.34M. From fiscal 2022 to 2025, combined revenue from these lines fell from $566.91M to $556.12M, a compound annual decline of 0.6%. Investment Advisory & Administration Fees' share of the total rose from 93.4% to 94.4%.
Cohen & Steers (CNS) reports its revenue by geography and by product and service. In fiscal 2025, North America was its largest region, bringing in $484.24M (87.1% of the total), followed by Japan at $31.07M (5.6%).
North America was Cohen & Steers' largest region in fiscal 2025, bringing in $484.24M, or 87.1% of the $556.12M total across its four regions.
Investment Advisory & Administration Fees was Cohen & Steers' largest product and service line in fiscal 2025, bringing in $524.83M, or 94.4% of the $556.12M total across its three product and service lines.
Among Cohen & Steers' regions that make up at least 2% of revenue, Europe, Middle East & Africa grew fastest in fiscal 2025, up 13.0% from $20.74M to $23.44M.
Every figure comes from Cohen & Steers' annual financial filings, as reported. Each line keeps the name Cohen & Steers gives it, and years follow its fiscal calendar.
Cohen & Steers' revenue by geography goes back to fiscal 2010, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.