v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and Cash Equivalents $ 301,727 $ 582,542
Prepaid Expenses 42,978 36,832
Other Current Assets 13,015 12,885
Total Current Assets 660,505 863,792
Long-Term Assets    
Goodwill 1,081,061 852,102
Intangible Assets, net of accumulated amortization of $103,643 and $95,365, respectively 421,814 331,510
Property and Equipment, net of accumulated depreciation of $89,199 and $86,955, respectively 26,405 24,838
Right-of-Use Assets, net 90,517 95,793
Other Long-Term Assets 49,852 61,302
Total Long-Term Assets 1,669,649 1,365,545
Total Assets 2,330,154 2,229,337
Current Liabilities    
Accounts Payable and Accrued Expenses 104,443 99,046
Accrued Compensation and Benefits 108,066 176,329
Lease Liabilities 19,961 20,147
Other Current Liabilities 22,330 18,619
Total Current Liabilities 254,800 314,141
Long-Term Liabilities    
Long-Term Debt 348,499 348,369
Long-Term Deferred Tax Liability, net 182,661 183,542
Long-Term Lease Liabilities 83,482 88,491
Other Long-Term Liabilities 63,858 31,317
Total Long-Term Liabilities 678,500 651,719
Total Liabilities 933,300 965,860
Commitments and Contingencies (Note (17))
TEMPORARY EQUITY    
Redeemable Noncontrolling Interests in Subsidiaries 144,164 66,529
Federated Hermes, Inc. Shareholders’ Equity    
Additional Paid-In Capital from Treasury Stock Transactions 8,262 0
Retained Earnings 1,668,693 1,531,076
Treasury Stock, at Cost, 24,596,462 and 23,118,490 Shares Class B Common Stock, respectively (973,836) (873,214)
Accumulated Other Comprehensive Income (Loss), net of tax (1,521) 6,484
Total Permanent Equity 1,252,690 1,196,948
Total Liabilities, Temporary Equity and Permanent Equity 2,330,154 2,229,337
Investments—Consolidated Investment Companies    
Current Assets    
Investments 118,883 85,501
Affiliates    
Current Assets    
Investments 60,100 56,254
Receivables 51,013 42,225
Receivables, net of reserve of $21 and $21, respectively    
Current Assets    
Receivables 72,789 47,553
Class A    
Federated Hermes, Inc. Shareholders’ Equity    
Common Stock 189 189
Class B    
Federated Hermes, Inc. Shareholders’ Equity    
Common Stock $ 550,903 $ 532,413