Federated Hermes annual operating expenses
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2025
Federated Hermes Operating Expenses Growth & History (FHI)
Federated Hermes's operating expenses was $1.29B for fiscal 2025.
View full Federated Hermes company overviewFederated Hermes annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.29B | $16.2M | +1.27% |
| 2024 | 2024-12-31 | $1.27B | $48.6M | +3.98% |
| 2023 | 2023-12-31 | $1.22B | $113.0M | +10.19% |
| 2022 | 2022-12-31 | $1.11B | $174.8M | +18.72% |
| 2021 | 2021-12-31 | $934.2M | −$95.9M | −9.31% |
| 2020 | 2020-12-31 | $1.03B | $51.1M | +5.22% |
| 2019 | 2019-12-31 | $979.0M | $173.6M | +21.55% |
| 2018 | 2018-12-31 | $805.4M | $44.0M | +5.78% |
| 2017 | 2017-12-31 | $761.4M | −$46.3M | −5.73% |
| 2016 | 2016-12-31 | $807.7M | $160.5M | +24.80% |
| 2015 | 2015-12-31 | $647.2M | $25.9M | +4.16% |
| 2014 | 2014-12-31 | $621.3M | −$5.3M | −0.85% |
| 2013 | 2013-12-31 | $626.6M | −$6.5M | −1.03% |
| 2012 | 2012-12-31 | $633.1M | −$4.5M | −0.71% |
| 2011 | 2011-12-31 | $637.7M | −$4.5M | −0.70% |
| 2010 | 2010-12-31 | $642.2M | −$204.6M | −24.16% |
| 2009 | 2009-12-31 | $846.7M | −$15.8M | −1.83% |
| 2008 | 2008-12-31 | $862.5M | — | — |
Federated Hermes quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $369.9M | $62.1M | +20.19% |
| Q1 2026 | 2026-03-31 | $352.6M | $60.9M | +20.86% |
| Q4 2025 | 2025-12-31 | $347.3M | $33.0M | +10.50% |
| Q3 2025 | 2025-09-30 | $340.0M | $43.3M | +14.59% |
| Q2 2025 | 2025-06-30 | $307.8M | −$54.1M | −14.95% |
| Q1 2025 | 2025-03-31 | $291.8M | −$6.0M | −2.02% |
| Q4 2024 | 2024-12-31 | $314.3M | $25.3M | +8.77% |
| Q3 2024 | 2024-09-30 | $296.7M | −$4.5M | −1.50% |
| Q2 2024 | 2024-06-30 | $361.9M | $27.0M | +8.07% |
| Q1 2024 | 2024-03-31 | $297.8M | $767,000 | +0.26% |
| Q4 2023 | 2023-12-31 | $288.9M | −$21.2M | −6.84% |
| Q3 2023 | 2023-09-30 | $301.2M | $16.9M | +5.93% |
| Q2 2023 | 2023-06-30 | $334.8M | $61.2M | +22.34% |
| Q1 2023 | 2023-03-31 | $297.0M | $56.2M | +23.34% |
| Q4 2022 | 2022-12-31 | $310.1M | $77.1M | +33.08% |
| Q3 2022 | 2022-09-30 | $284.4M | $56.2M | +24.62% |
| Q2 2022 | 2022-06-30 | $273.7M | $44.5M | +19.39% |
| Q1 2022 | 2022-03-31 | $240.8M | −$2.9M | −1.18% |
| Q4 2021 | 2021-12-31 | $233.1M | −$16.1M | −6.45% |
| Q3 2021 | 2021-09-30 | $228.2M | −$22.9M | −9.12% |
| Q2 2021 | 2021-06-30 | $229.2M | −$34.2M | −12.99% |
| Q1 2021 | 2021-03-31 | $243.7M | −$22.7M | −8.54% |
| Q4 2020 | 2020-12-31 | $249.1M | −$6.1M | −2.39% |
| Q3 2020 | 2020-09-30 | $251.1M | $41,000 | +0.02% |
| Q2 2020 | 2020-06-30 | $263.5M | $26.9M | +11.38% |
| Q1 2020 | 2020-03-31 | $266.4M | $30.3M | +12.82% |
| Q4 2019 | 2019-12-31 | $255.2M | $36.0M | +16.41% |
| Q3 2019 | 2019-09-30 | $251.0M | $24.3M | +10.72% |
| Q2 2019 | 2019-06-30 | $236.5M | $61.3M | +34.98% |
| Q1 2019 | 2019-03-31 | $236.2M | $52.0M | +28.22% |
| Q4 2018 | 2018-12-31 | $219.3M | $31.8M | +16.95% |
| Q3 2018 | 2018-09-30 | $226.7M | $37.1M | +19.56% |
| Q2 2018 | 2018-06-30 | $175.2M | −$13.3M | −7.08% |
| Q1 2018 | 2018-03-31 | $184.2M | −$11.5M | −5.90% |
| Q4 2017 | 2017-12-31 | $187.5M | −$17.6M | −8.58% |
| Q3 2017 | 2017-09-30 | $189.6M | −$16.4M | −7.94% |
| Q2 2017 | 2017-06-30 | $188.6M | −$10.5M | −5.27% |
| Q1 2017 | 2017-03-31 | $195.7M | −$1.8M | −0.92% |
| Q4 2016 | 2016-12-31 | $205.1M | $38.3M | +22.98% |
| Q3 2016 | 2016-09-30 | $206.0M | $45.9M | +28.68% |
| Q2 2016 | 2016-06-30 | $199.1M | $40.2M | +25.32% |
| Q1 2016 | 2016-03-31 | $197.6M | $36.1M | +22.34% |
| Q4 2015 | 2015-12-31 | $166.8M | $10.5M | +6.74% |
| Q3 2015 | 2015-09-30 | $160.1M | $4.0M | +2.56% |
| Q2 2015 | 2015-06-30 | $158.8M | $4.7M | +3.06% |
| Q1 2015 | 2015-03-31 | $161.5M | $6.6M | +4.28% |
| Q4 2014 | 2014-12-31 | $156.2M | $1.3M | +0.81% |
| Q3 2014 | 2014-09-30 | $156.1M | $2.0M | +1.28% |
| Q2 2014 | 2014-06-30 | $154.1M | −$3.6M | −2.31% |
| Q1 2014 | 2014-03-31 | $154.9M | −$4.9M | −3.08% |
| Q4 2013 | 2013-12-31 | $155.0M | −$6.7M | −4.13% |
| Q3 2013 | 2013-09-30 | $154.1M | $5.7M | +3.82% |
| Q2 2013 | 2013-06-30 | $157.8M | −$5.3M | −3.27% |
| Q1 2013 | 2013-03-31 | $159.8M | −$161,000 | −0.10% |
| Q4 2012 | 2012-12-31 | $161.6M | $7.1M | +4.59% |
| Q3 2012 | 2012-09-30 | $148.4M | $1.4M | +0.95% |
| Q2 2012 | 2012-06-30 | $163.1M | $9.4M | +6.13% |
| Q1 2012 | 2012-03-31 | $159.9M | −$22.4M | −12.31% |
| Q4 2011 | 2011-12-31 | $154.5M | −$11.7M | −7.06% |
| Q3 2011 | 2011-09-30 | $147.0M | −$20.0M | −12.00% |
| Q2 2011 | 2011-06-30 | $153.7M | $6.1M | +4.11% |
| Q1 2011 | 2011-03-31 | $182.4M | $21.2M | +13.17% |
| Q4 2010 | 2010-12-31 | $166.3M | — | — |
| Q3 2010 | 2010-09-30 | $167.1M | −$31.8M | −15.98% |
| Q2 2010 | 2010-06-30 | $147.6M | −$71.2M | −32.54% |
| Q1 2010 | 2010-03-31 | $161.2M | — | — |
| Q3 2009 | 2009-09-30 | $198.9M | — | — |
| Q2 2009 | 2009-06-30 | $218.8M | — | — |
Federated Hermes operating expenses trends
Over the last five fiscal years, Federated Hermes's operating expenses increased from $1.03B to $1.29B, a change of $256.7M. The latest reported quarter, Q2 2026, shows $369.9M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Federated Hermes source filings ↗