Federated Hermes, Inc. (FHI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0 | 353.6M | 324.88M | 279.97M | 280.27M | 287.52M | 272.43M | 271.83M | 259.82M | 263.99M | 263.53M | 273.35M | 245.31M | 249.91M | 254.47M | 237.92M | 190.8M | 197.54M | 194.59M | 178.27M |
| Gross Margin % | - | 72.59% | 69.21% | 65.9% | 66.17% | 67.7% | 66.7% | 67.52% | 65.55% | 67.43% | 65.45% | 63.1% | 64.19% | 66.84% | 66.77% | 65% | 58.75% | 61.41% | 59.58% | 57.31% |
| Gross Profit Growth % | -100% | 22.98% | 19.25% | 2.99% | 7.87% | 8.91% | 3.38% | -0.55% | 5.92% | 5.64% | 3.56% | 14.89% | 28.57% | 26.51% | 30.77% | 33.46% | -3.42% | -12.45% | -18.33% | -24.82% |
| Operating Expenses | 352.63M | 216.71M | 195.43M | 162.89M | 148.5M | 177.09M | 160.69M | 231.12M | 161.24M | 161.42M | 162.11M | 174.96M | 160.15M | 186.16M | 157.69M | 145.6M | 106.85M | 108.95M | 96.19M | 96.46M |
| OpEx % of Revenue | 73.62% | 44.49% | 41.63% | 38.34% | 35.06% | 41.7% | 39.34% | 57.41% | 40.68% | 41.23% | 40.26% | 40.38% | 41.9% | 49.79% | 41.37% | 39.78% | 32.9% | 33.87% | 29.45% | 31.01% |
| Selling, General & Admin | 135.72M | 140.16M | 175.22M | 157.56M | 156.39M | 160.33M | 154.63M | 152.93M | 149.34M | 148.36M | 143.1M | 154.77M | 149.97M | 145.24M | 141.65M | 131.91M | 95.58M | 98.72M | 88.66M | 88.79M |
| SG&A % of Revenue | 28.34% | 28.78% | 37.33% | 37.09% | 36.92% | 37.75% | 37.86% | 37.99% | 37.68% | 37.9% | 35.54% | 35.73% | 39.24% | 38.84% | 37.16% | 36.04% | 29.43% | 30.69% | 27.15% | 28.55% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 126.33M | 136.89M | 129.45M | 117.08M | 131.77M | 110.43M | 111.74M | 40.72M | 98.58M | 102.57M | 101.42M | 98.39M | 85.17M | 63.75M | 96.78M | 92.32M | 83.95M | 88.58M | 98.4M | 81.81M |
| Operating Margin % | 26.38% | 28.1% | 27.58% | 27.56% | 31.11% | 26% | 27.36% | 10.11% | 24.87% | 26.2% | 25.19% | 22.71% | 22.28% | 17.05% | 25.39% | 25.22% | 25.85% | 27.54% | 30.13% | 26.3% |
| Operating Income Growth % | -4.13% | 23.96% | 15.85% | 187.56% | 33.67% | 7.66% | 10.17% | -58.62% | 15.75% | 60.9% | 4.8% | 6.58% | 1.45% | -28.03% | -1.65% | 12.85% | -13.88% | -22.82% | -13.21% | -15.88% |
| EBITDA | 126.33M | 142.46M | 135.09M | 122.72M | 137.19M | 115.98M | 117.46M | 46.25M | 104.21M | 108.59M | 107.52M | 105.09M | 93.19M | 70.64M | 103.55M | 99.28M | 91.41M | 95.95M | 106.04M | 89.33M |
| EBITDA Margin % | 26.38% | 29.25% | 28.78% | 28.89% | 32.39% | 27.31% | 28.76% | 11.49% | 26.29% | 27.74% | 26.7% | 24.26% | 24.38% | 18.89% | 27.17% | 27.12% | 28.15% | 29.83% | 32.47% | 28.72% |
| EBITDA Growth % | -7.91% | 22.83% | 15.01% | 165.34% | 31.65% | 6.81% | 9.24% | -55.99% | 11.82% | 53.73% | 3.83% | 5.85% | 1.94% | -26.38% | -2.35% | 11.13% | -12.9% | -21.35% | -12.88% | -14.46% |
| D&A (Non-Cash Add-back) | 0 | 5.57M | 5.63M | 5.64M | 5.42M | 5.56M | 5.71M | 5.53M | 5.63M | 6.02M | 6.09M | 6.7M | 8.02M | 6.89M | 6.77M | 6.96M | 7.46M | 7.37M | 7.64M | 7.53M |
| EBIT | 0 | 143.53M | 143.51M | 134M | 132.73M | 115.52M | 125.77M | 45.81M | 107.17M | 120.45M | 104.14M | 103.66M | 95.6M | 44.25M | 92.52M | 73M | 87.28M | 88.58M | 98.4M | 81.81M |
| Net Interest Income | 0 | 3.37M | -3.18M | -3.17M | -3.18M | -3.19M | -3.17M | -3.16M | -3.15M | -3.14M | -3.13M | -3.12M | -3.13M | 503K | -3.3M | -3.35M | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 6.57M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.7M | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 3.2M | 3.18M | 3.17M | 3.18M | 3.19M | 3.17M | 3.16M | 3.15M | 3.14M | 3.13M | 3.12M | 3.13M | 3.2M | 3.3M | 3.35M | 0 | 0 | 0 | 0 |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 129.77M | 140.33M | 140.33M | 130.83M | 136.04M | 112.33M | 122.6M | 42.66M | 104.02M | 117.31M | 101M | 100.55M | 92.47M | 75.15M | 89.21M | 69.65M | 72.21M | 91.63M | 96.65M | 88.67M |
| Pretax Margin % | 27.09% | 28.81% | 29.89% | 30.79% | 32.12% | 26.45% | 30.02% | 10.6% | 26.24% | 29.96% | 25.08% | 23.21% | 24.2% | 20.1% | 23.41% | 19.03% | 22.23% | 28.49% | 29.59% | 28.51% |
| Income Tax | 33.82M | 32.9M | 34.23M | 34.13M | 32.16M | 28.48M | 32.26M | 23.43M | 29.01M | 31.26M | 26.74M | 27.54M | 21.01M | 13.52M | 21.6M | 18.89M | 17.61M | 20.63M | 23.16M | 35.19M |
| Effective Tax Rate % | 26.06% | 23.44% | 24.39% | 26.09% | 23.64% | 25.35% | 26.31% | 54.93% | 27.89% | 26.65% | 26.47% | 27.39% | 22.72% | 17.99% | 24.21% | 27.12% | 24.39% | 22.51% | 23.97% | 39.69% |
| Net Income | 95.95M | 107.83M | 104.13M | 91M | 101.13M | 84.72M | 87.54M | 21.03M | 75.03M | 82.18M | 75.03M | 72.17M | 69.6M | 56.5M | 69.48M | 57.66M | 55.86M | 68.56M | 71.36M | 55.88M |
| Net Margin % | 20.03% | 22.14% | 22.18% | 21.42% | 23.88% | 19.95% | 21.43% | 5.22% | 18.93% | 20.99% | 18.63% | 16.66% | 18.21% | 15.11% | 18.23% | 15.75% | 17.2% | 21.32% | 21.85% | 17.97% |
| Net Income Growth % | -5.13% | 27.28% | 18.95% | 332.78% | 34.79% | 3.09% | 16.68% | -70.87% | 7.8% | 45.46% | 7.98% | 25.18% | 24.59% | -17.6% | -2.64% | 3.17% | -25% | -27.96% | -16.85% | -31.17% |
| Net Income (Continuing) | 95.95M | 107.43M | 106.09M | 96.69M | 103.88M | 83.85M | 90.34M | 19.23M | 75.01M | 86.06M | 74.27M | 73M | 71.47M | 61.63M | 67.61M | 50.76M | 54.6M | 71M | 73.49M | 53.48M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 58.52M | 66.53M | 63.52M | 162.99M | 67.19M | 55.51M | 53.41M | 30.49M | 73.13M | 25.84M | 70.63M | 58.01M | 39.51M | 61.82M | 54.59M | 54.73M | 48.57M | 63.2M | 55.47M | 251.47M |
| EPS (Diluted) | 1.27 | 1.45 | 1.34 | 1.16 | 1.25 | 1.04 | 1.06 | 0.20 | 0.89 | 0.96 | 0.86 | 0.81 | 0.78 | 0.63 | 0.78 | 0.64 | 0.61 | 0.71 | 0.73 | 0.56 |
| EPS Growth % | 1.6% | 39.42% | 26.42% | 480% | 40.45% | 8.33% | 23.26% | -75.31% | 14.1% | 52.38% | 10.26% | 26.56% | 27.87% | -11.27% | 6.85% | 14.29% | -18.67% | -23.66% | -14.12% | -30% |
| EPS (Basic) | 1.27 | 1.45 | 1.34 | 1.16 | 1.25 | 1.04 | 1.06 | 0.20 | 0.89 | 0.96 | 0.86 | 0.81 | 0.78 | 0.63 | 0.78 | 0.64 | 0.61 | 0.71 | 0.73 | 0.57 |
| Diluted Shares Outstanding | 72.65M | 73.8M | 75.54M | 76.3M | 77.54M | 78.3M | 78.71M | 80.03M | 80.71M | 81.97M | 83.71M | 84.94M | 84.88M | 84.74M | 84.34M | 85.56M | 88.05M | 91.92M | 93.32M | 93.96M |
| Basic Shares Outstanding | 72.65M | 73.8M | 75.54M | 76.3M | 77.54M | 78.3M | 78.69M | 80.03M | 80.71M | 81.96M | 83.71M | 84.93M | 84.88M | 84.73M | 84.34M | 85.56M | 88.05M | 91.92M | 93.32M | 93.96M |
| Dividend Payout Ratio | - | 24.44% | 25.32% | 29.5% | 25.02% | 29.77% | 29.21% | 524.47% | 31.63% | 29.36% | 32.93% | 34.79% | 34.7% | 42.68% | 34.75% | 42.85% | 44.67% | 38.06% | 36.9% | 47.51% |