v3.26.1
Revenue from Contracts with Customers (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents Federated Hermes’ revenue disaggregated by asset class:
Three Months EndedSix Months Ended
June 30,June 30,
(in thousands)2026202520262025
Money market$252,636 $226,000 $509,820 $449,346 
Equity152,989 118,999 296,632 236,902 
Fixed-income49,035 48,286 97,721 97,720 
Other48,116 31,559 77,560 64,416 
Total Revenue$502,776 $424,844 $981,733 $848,384 
The following table presents Federated Hermes’ revenue disaggregated by performance obligation:
Three Months EndedSix Months Ended
June 30,June 30,
(in thousands)2026202520262025
Investment Advisory$337,721 $287,435 $657,129 $574,895 
Administrative Services110,117 101,657 220,402 202,766 
Distribution39,013 28,322 81,785 57,087 
Other15,925 7,430 22,417 13,636 
Total Revenue$502,776 $424,844 $981,733 $848,384 
The following table presents Federated Hermes’ revenue disaggregated by offering type:
Three Months EndedSix Months Ended
June 30,June 30,
(in thousands)2026202520262025
Federated Hermes Funds$424,253 $357,446 $831,731 $712,795 
Separate Accounts69,786 62,088 136,789 126,175 
Other8,737 5,310 13,213 9,414 
Total Revenue$502,776 $424,844 $981,733 $848,384 
Future Fixed Revenue from Stewardship, Real Estate Development Performance Obligations and Renewable Energy Project Development Obligations Based on existing contracts and the applicable foreign exchange rates as of June 30, 2026, Federated Hermes may recognize future fixed revenue from these services as presented in the following table:
(in thousands)
Remainder of 2026$6,576 
20273,947 
20281,024 
2029 and Thereafter859 
Total Remaining Unsatisfied Performance Obligations$12,406