Federated Hermes Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,801	1,632	1,610	1,446	1,300
Revenue Growth (YoY)	10.33%	1.40%	11.33%	11.18%	-10.21%
Cost of Revenue	577.69	540.49	563.39	512.71	532.49
Gross Profit	1,223	1,092	1,046	933.1	767.96
Selling, General & Admin	693.35	632.63	608.39	526.83	368.15
Other Operating Expenses	15.75	33.68	53.65	37.95	33.53
Operating Expenses	709.1	666.31	662.04	564.79	401.68
Operating Income	513.88	425.3	384.15	368.32	366.27
Interest Expense	-12.73	-12.67	-12.52	-11.07	-1.79
Interest & Investment Income	46.41	26.07	22.56	8.97	3.17
Currency Exchange Gain (Loss)	-	2.5	3.4	-	-
Other Non Operating Income (Expenses)	-0.04	0.14	0.56	0.22	-0.9
EBT Excluding Unusual Items	547.53	441.34	398.15	366.44	366.76
Gain (Loss) on Sale of Investments	-	6.6	13.18	-28.7	9.53
Asset Writedown	-	-66.33	-	-31.52	-
Pretax Income	547.53	381.61	411.33	306.22	376.29
Income Tax Expense	133.43	113.18	106.55	71.66	103.98
Earnings From Continuing Operations	414.1	268.43	304.78	234.56	272.31
Minority Interest in Earnings	-10.8	-0.12	-5.8	4.93	-2.02
Net Income	403.3	268.31	298.98	239.5	270.29
Preferred Dividends & Other Adjustments	18.1	11.61	13.98	11.83	10.86
Net Income to Common	385.2	256.71	285	227.67	259.44
Net Income Growth	50.31%	-10.26%	24.84%	-11.39%	-17.18%
Shares Outstanding (Basic)	75	79	84	86	94
Shares Outstanding (Diluted)	75	79	84	86	94
Shares Change (YoY)	-5.45%	-5.29%	-2.22%	-8.54%	-2.83%
EPS (Basic)	5.13	3.23	3.40	2.65	2.77
EPS (Diluted)	5.13	3.23	3.40	2.65	2.75
EPS Growth	58.79%	-4.96%	28.25%	-3.63%	-14.79%
Free Cash Flow	-	342.53	303.92	319.58	154.64
Free Cash Flow Per Share	-	4.31	3.62	3.73	1.65
Dividend Per Share	1.330	1.210	1.110	1.080	1.080
Dividend Growth	9.92%	9.01%	2.78%	-	-
Gross Margin	67.92%	66.88%	65.00%	64.54%	59.05%
Operating Margin	28.54%	26.06%	23.87%	25.47%	28.17%
Profit Margin	21.39%	15.73%	17.71%	15.75%	19.95%
Free Cash Flow Margin	-	20.99%	18.88%	22.10%	11.89%
EBITDA	536.13	447.73	410.98	396.4	396.28
EBITDA Margin	29.77%	27.43%	25.53%	27.42%	30.47%
D&A For EBITDA	22.25	22.43	26.84	28.09	30.01
EBIT	513.88	425.3	384.15	368.32	366.27
EBIT Margin	28.54%	26.06%	23.87%	25.47%	28.17%
Effective Tax Rate	24.37%	29.66%	25.90%	23.40%	27.63%
Revenue as Reported	1,801	1,632	1,610	1,446	1,300
Advertising Expenses	22.99	24.09	22.99	20.93	21.6

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q