v3.26.3
Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Assets:    
Cash and cash equivalents $ 66,122 $ 145,452
Investments ($192,136 and $116,303) [1] 621,015 436,485
Accounts Receivable, before Allowance for Credit Loss 89,175 79,775
Receivable from Broker-Dealer and Clearing Organization ($0 and $90) [1] 1,758 1,865
Property and equipment—net 59,078 65,068
Operating lease right-of-use assets—net 93,166 97,342
Goodwill and intangible assets—net 19,683 20,040
Other assets ($455 and $199) [1] 29,822 30,667
Total assets 979,819 876,694
Liabilities:    
Accrued compensation and benefits 70,060 80,614
Distribution and service fees payable 8,210 8,623
Operating Lease, Liability 132,461 138,326
Income tax payable 2,218 1,650
Due to brokers ($562 and $318) [1] 4,177 319
Other liabilities and accrued expenses ($587 and $673) [1] 13,964 13,314
Total liabilities 231,090 242,846
Commitments and contingencies
Temporary Equity, Including Noncontrolling Interest 67,493 22,805
Stockholders’ equity:    
Common stock, $0.01 par value; 500,000,000 shares authorized; 58,224,453 shares issued and 51,004,418 shares outstanding at September 30, 2025 and 57,492,567 shares issued and 50,574,641 shares outstanding at December 31, 2024 590 583
Additional paid-in capital 1,029,445 992,948
Accumulated deficit (78,300) (105,806)
Accumulated other comprehensive loss (5,403) (4,657)
Treasury stock, at cost, 7,220,035 and 6,917,926 shares at September 30, 2025 and December 31, 2024, respectively (338,654) (321,115)
Total stockholders’ equity attributable to Cohen & Steers, Inc. 607,678 561,953
Equity, Attributable to Noncontrolling Interest 73,558 49,090
Total stockholders' equity 681,236 611,043
Total liabilities, redeemable noncontrolling interests and stockholders’ equity $ 979,819 $ 876,694
[1] Amounts in parentheses represent balances attributable to certain consolidated investment vehicles that are considered variable interest entities (VIEs) at September 30, 2026 and December 31, 2025. The assets may only be used to settle obligations of each VIE and the liabilities are the sole obligation of each VIE, for which creditors do not have recourse to the general credit of the Company.