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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and Cash Equivalents $ 506,279 $ 504,441
Prepaid Expenses 41,035 29,294
Other Current Assets 11,490 4,796
Total Current Assets 802,336 781,352
Long-Term Assets    
Goodwill 860,950 804,818
Intangible Assets, net of accumulated amortization of $91,653 and $75,787, respectively 335,042 327,881
Property and Equipment, net of accumulated depreciation of $101,676 and $118,103, respectively 27,441 25,565
Right-of-Use Assets, net 101,598 104,710
Other Long-Term Assets 54,903 40,358
Total Long-Term Assets 1,379,934 1,303,332
Total Assets 2,182,270 2,084,684
Current Liabilities    
Accounts Payable and Accrued Expenses 91,415 100,012
Accrued Compensation and Benefits 136,334 157,068
Lease Liabilities 18,157 16,695
Other Current Liabilities 10,494 15,418
Total Current Liabilities 256,400 289,193
Long-Term Liabilities    
Long-Term Debt 348,303 348,106
Long-Term Deferred Tax Liability, net 192,671 170,957
Long-Term Lease Liabilities 94,392 97,166
Other Long-Term Liabilities 39,703 28,542
Total Long-Term Liabilities 675,069 644,771
Total Liabilities 931,469 933,964
Commitments and Contingencies (Note (18))
TEMPORARY EQUITY    
Redeemable Noncontrolling Interests in Subsidiaries 63,515 55,514
Federated Hermes, Inc. Shareholders’ Equity    
Additional Paid-In Capital from Treasury Stock Transactions 6 0
Retained Earnings 1,461,790 1,256,603
Treasury Stock, at Cost, 21,967,589 and 17,745,777 Shares Class B Common Stock, respectively (806,597) (632,838)
Accumulated Other Comprehensive Income (Loss), net of tax 5,413 (32,083)
Total Permanent Equity 1,187,286 1,095,206
Total Liabilities, Temporary Equity and Permanent Equity 2,182,270 2,084,684
Investments—Consolidated Investment Companies    
Current Assets    
Investments 72,252 82,441
Affiliates    
Current Assets    
Investments 68,860 54,160
Receivables 42,445 36,317
Receivables, net of reserve of $21 and $21, respectively    
Current Assets    
Receivables 59,975 69,903
Class A    
Federated Hermes, Inc. Shareholders’ Equity    
Common Stock 189 189
Class B    
Federated Hermes, Inc. Shareholders’ Equity    
Common Stock $ 526,485 $ 503,335