Segment and Geographic Information (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Revenue from U.S. and Non-U.S. Operations

Federated Hermes’ revenue from U.S. and non-U.S. operations were as follows for each period presented:


(in thousands)	March 31, 2025		March 31, 2024
Domestic	365,802		335,428
Foreign1	57,738		60,943
Total Revenue	$	423,540	$	396,371

1 This represents revenue earned by non-U.S. domiciled subsidiaries, primarily in the U.K.

Schedule of Right-of-Use Assets, Net and Property and Equipment, Net by Geographic Area

Federated Hermes’ Right-of-Use Assets, net and Property and Equipment, net for U.S. and non-U.S. operations were as follows for each period presented:


(in thousands)	March 31, 2025		December 31, 2024
U.S.	$	99,127	$	105,110
Non-U.S.1	24,725		25,165
Total Right-of-Use Assets, net and Property and Equipment, net1	$	123,852	$	130,275

1 This represents net assets of non-U.S. domiciled subsidiaries, primarily in the U.K.