Federated Hermes, Inc. (FHI) — Financial statements
Income statement, balance sheet, and cash flow for Federated Hermes, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,811↑11.0% | 1,632↑1.4% | 1,610↑11.3% | 1,446↑11.2% | 1,300 | |
| Cost of Revenue | 479↓11.4% | 540↓4.1% | 563↑9.9% | 513↓3.7% | 532 | |
| Gross Profit | 1,332↑22.0% | 1,092↑4.3% | 1,046↑12.1% | 933↑21.5% | 768 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 501↑137.4% | 211↑6.1% | 199↑11.1% | 179↓3.7% | 186 | |
| Selling & Marketing Expenses | 23↓94.3% | 406↑3.1% | 394↑17.5% | 335↑83.8% | 182 | |
| SG&A Expenses | 524↓15.2% | 617↑4.1% | 593↑15.3% | 514↑39.7% | 368 | |
| Other Expenses | 274↑142.2% | 113↑72.0% | 66↓19.9% | 82↑144.4% | 34 | |
| Operating Expenses | 797↑9.2% | 730↑10.9% | 659↑10.5% | 596↑48.5% | 402 | |
| Total Costs & Expenses | 1,276↑0.4% | 1,271↑4.0% | 1,222↑10.2% | 1,109↑18.7% | 934 | |
| Operating Results | ||||||
| Operating Income | 535↑48.0% | 361↓6.7% | 388↑15.1% | 337↓8.0% | 366 | |
| Depreciation & Amortization | 22↓0.8% | 22↓16.5% | 27↓4.3% | 28↓6.4% | 30 | |
| EBITDA | 583↑39.8% | 417↓2.5% | 428↑7.9% | 396↑0.0% | 396 | |
| EBIT | 560↑42.1% | 394↓1.6% | 401↑8.8% | 368↑0.6% | 366 | |
| Interest & Other Income | ||||||
| Net Interest Income | 13↓51.8% | 26↑308.2% | -13↓496.1% | -2↓251.5% | 1 | |
| Interest Income | 25↓3.0% | 26 | 0.00↓100.0% | 9↑183.0% | 3 | |
| Interest Expense | 13 | 0.00↓100.0% | 13↑13.1% | 11↑520.3% | 2 | |
| Non-Operating Income | -25↑23.0% | -33↓148.9% | -13↑58.2% | -32 | 0.00 | |
| Other Income / Expenses | 13↓37.8% | 20↓15.3% | 24↑177.8% | -31↓405.2% | 10 | |
| Income Before Tax | 548↑43.5% | 382↓7.2% | 411↑34.3% | 306↓18.6% | 376 | |
| Income Tax Expense | 133↑17.9% | 113↑6.2% | 107↑48.7% | 72↓31.1% | 104 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 414↑54.3% | 268↓11.9% | 305↑29.9% | 235↓13.9% | 272 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 403↑50.3% | 268↓10.3% | 299↑24.8% | 239↓11.4% | 270 | |
| Bottom-Line Net Income | 403↑57.1% | 257↓9.9% | 285↑25.2% | 228↓11.7% | 258 | |
| EPS (Basic) | 5.37↑66.3% | 3.23↓5.0% | 3.40↑28.3% | 2.65↓4.3% | 2.77 | |
| EPS (Diluted) | 5.13↑58.8% | 3.23↓5.0% | 3.40↑28.3% | 2.65↓3.6% | 2.75 | |
| Weighted Average Shares | 75↓5.4% | 79↓5.3% | 84↓2.2% | 86↓8.4% | 94 | |
| Weighted Average Diluted Shares | 75↓5.4% | 79↓5.3% | 84↓2.2% | 86↓8.4% | 94 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.