# Federated Hermes, Inc.: overview

FHI · NYSE · CIK 1056288 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/fhi.md) · [Financials](/companies/fhi/financials.md) · [Filings](/companies/fhi/filings.md) · [Insiders](/companies/fhi/insiders.md)

Latest reported revenue: [$502.8m](/filings/0001056288-26-000026.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 31, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001056288-26-000026).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [408](/filings/0001056288-25-000030.md) | [425 d](/filings/0001056288-26-000007.md) | [424](/filings/0001056288-26-000018.md) | [425](/filings/0001056288-26-000026.md) | [469](/filings/0001056288-25-000030.md) | [483 d](/filings/0001056288-26-000007.md) | [479](/filings/0001056288-26-000018.md) | [503](/filings/0001056288-26-000026.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [27.4%](/filings/0001056288-25-000030.md) | [26.0% d](/filings/0001056288-26-000007.md) | [31.1%](/filings/0001056288-26-000018.md) | [27.6%](/filings/0001056288-26-000026.md) | [27.6%](/filings/0001056288-25-000030.md) | [28.1% d](/filings/0001056288-26-000007.md) | [26.4%](/filings/0001056288-26-000018.md) | [26.4%](/filings/0001056288-26-000026.md) |
| Net margin | % | [21.4%](/filings/0001056288-25-000030.md) | [19.9% d](/filings/0001056288-26-000007.md) | [23.9%](/filings/0001056288-26-000018.md) | [21.4%](/filings/0001056288-26-000026.md) | [22.2%](/filings/0001056288-25-000030.md) | [22.2% d](/filings/0001056288-26-000007.md) | [20.1%](/filings/0001056288-26-000018.md) | [20.7%](/filings/0001056288-26-000026.md) |
| Diluted EPS | $ per share | [1.06](/filings/0001056288-25-000030.md) | not reported | [1.25](/filings/0001056288-26-000018.md) | [1.16](/filings/0001056288-26-000026.md) | [1.34](/filings/0001056288-25-000030.md) | not reported | [1.27](/filings/0001056288-26-000018.md) | [1.38](/filings/0001056288-26-000026.md) |
| Free cash flow | $m | [114 d](/filings/0001056288-25-000030.md) | [126 d](/filings/0001056288-26-000007.md) | [13.3](/filings/0001056288-26-000018.md) | [18.0 d](/filings/0001056288-26-000026.md) | [102 d](/filings/0001056288-25-000030.md) | [161 d](/filings/0001056288-26-000007.md) | [24.0](/filings/0001056288-26-000018.md) | [79.7 d](/filings/0001056288-26-000026.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,300](/filings/0001056288-24-000006.md) | [1,446](/filings/0001056288-25-000004.md) | [1,610](/filings/0001056288-26-000007.md) | [1,632](/filings/0001056288-26-000007.md) | [1,801](/filings/0001056288-26-000007.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [28.2%](/filings/0001056288-24-000006.md) | [23.3%](/filings/0001056288-25-000004.md) | [24.1%](/filings/0001056288-26-000007.md) | [22.1%](/filings/0001056288-26-000007.md) | [28.5%](/filings/0001056288-26-000007.md) |
| Net margin | % | [20.8%](/filings/0001056288-24-000006.md) | [16.6%](/filings/0001056288-25-000004.md) | [18.6%](/filings/0001056288-26-000007.md) | [16.4%](/filings/0001056288-26-000007.md) | [22.4%](/filings/0001056288-26-000007.md) |
| Diluted EPS | $ per share | [2.75](/filings/0001056288-24-000006.md) | [2.65](/filings/0001056288-25-000004.md) | [3.40](/filings/0001056288-26-000007.md) | [3.23](/filings/0001056288-26-000007.md) | [5.13](/filings/0001056288-26-000007.md) |
| Free cash flow | $m | [160](/filings/0001056288-24-000006.md) | [320](/filings/0001056288-25-000004.md) | [304](/filings/0001056288-26-000007.md) | [343](/filings/0001056288-26-000007.md) | [295](/filings/0001056288-26-000007.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/fhi/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $333.7m | 6,043,914 |  | Added +119,758 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $257.5m | 4,663,900 |  | Added +78,435 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $242.8m | 4,397,255 |  | Reduced −206,710 |
| [Schneider Downs Wealth Management Advisors, LP](/funds/1665359.md) | 2026-06-30 | $196.1m | 3,551,578 |  | Added +823,700 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $176.4m | 3,194,537 |  | Reduced −35,904 |
| [FULLER & THALER ASSET MANAGEMENT, INC.](/funds/1082327.md) | 2026-06-30 | $147.4m | 2,670,077 |  | Added +22,351 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $146.2m | 2,646,942 |  | Added +142,809 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $139.3m | 2,523,070 |  | Added +299,115 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $135.9m | 2,460,945 |  | Reduced −122,502 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $125.1m | 2,265,174 |  | Added +16,974 |

## Recent filings

[All 1,849 filings](/companies/fhi/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-30 | 16:16 ET | [10-Q](/filings/0001056288-26-000030.md) | Quarterly report, period 2026-09-30 | 0001056288-26-000030 |
| 2026-10-29 | 16:36 ET | [8-K](/filings/0001056288-26-000028.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001056288-26-000028 |
| 2026-07-31 | 16:23 ET | [10-Q](/filings/0001056288-26-000026.md) | Quarterly report, period 2026-06-30 | 0001056288-26-000026 |
| 2026-07-30 | 17:03 ET | [8-K](/filings/0001056288-26-000024.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001056288-26-000024 |
| 2026-05-01 | 16:21 ET | [10-Q](/filings/0001056288-26-000018.md) | Quarterly report, period 2026-03-31 | 0001056288-26-000018 |
| 2026-04-30 | 17:17 ET | [8-K](/filings/0001056288-26-000016.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001056288-26-000016 |
| 2026-04-09 | 16:29 ET | [8-K](/filings/0001056288-26-000011.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001056288-26-000011 |
| 2026-02-27 | 16:19 ET | [10-K](/filings/0001056288-26-000007.md) | Annual report, period 2025-12-31 | 0001056288-26-000007 |
| 2026-01-30 | 16:26 ET | [8-K](/filings/0001056288-26-000005.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001056288-26-000005 |
| 2026-01-29 | 17:10 ET | [8-K](/filings/0001056288-26-000003.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001056288-26-000003 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001056288-26-000007.md), filed Feb 27, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, locked when the 8-K was accepted. It is scored when the 10-Q or 10-K is ingested. [See the target](/leagues/2026q3/targets/533b4ad2-28f0-4f63-8121-5b427de0c1af)

## About the filer

- CIK: 1056288
- Tickers: FHI
- Exchange: NYSE
- SIC code: 6282 Investment Advice
- State of incorporation: PA
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 16:24 ET. No prices; not investment advice.