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Equity
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Equity Equity
In October 2023, the Federated Hermes, Inc. board of directors (Board) authorized a share repurchase program with no stated expiration date that authorized the repurchase of up to 5.0 million shares of Class B common stock. This program was fulfilled in March 2025. In October 2024, the board of directors authorized an additional share repurchase program with no stated expiration date that authorizes the repurchase of up to 5.0 million shares of Class B common stock. In July 2025, the board of directors authorized an additional share repurchase program with no stated expiration date that authorizes the repurchase of up to 5.0 million shares of Class B common stock. No other program existed as of September 30, 2025. The programs authorize executive management to determine the timing and the amount of shares for each purchase. The repurchased stock is to be held in treasury for employee share-based compensation plans, potential acquisitions and other corporate activities, unless the Board subsequently determines to retire the repurchased stock and restore the shares to authorized but unissued status (rather than holding the shares in treasury). During the nine months ended September 30, 2025, Federated Hermes repurchased approximately 4.6 million shares of its Class B common stock for $184.7 million, nearly all of which were repurchased in the open market. At September 30, 2025, approximately 6.1 million shares remain available to be repurchased under these share repurchase programs.
The following table presents the activity for the Class B common stock and Treasury stock for the three and nine months ended September 30, 2025 and 2024. Class A shares have been excluded as there was no activity during these same periods.
 Three Months EndedNine Months Ended
September 30,September 30,
2025202420252024
Class B Shares
Beginning Balance77,558,675 82,600,376 81,759,679 84,840,989 
Stock Award Activity 0 22,500 403,720 423,207 
Purchase of Treasury Stock(20,808)(818,164)(4,625,532)(3,459,484)
Ending Balance77,537,867 81,804,712 77,537,867 81,804,712 
Treasury Shares
Beginning Balance21,946,781 16,905,080 17,745,777 14,664,467 
Stock Award Activity 0 (22,500)(403,720)(423,207)
Purchase of Treasury Stock20,808 818,164 4,625,532 3,459,484 
Ending Balance21,967,589 17,700,744 21,967,589 17,700,744 
Redeemable Noncontrolling Interests in Subsidiaries
The following table presents the changes in Redeemable Noncontrolling Interests in Subsidiaries:
(in thousands)Consolidated Investment CompaniesOther EntitiesTotal
Balance at December 31, 2024$45,085 $10,429 $55,514 
Net Income (Loss)2,690 52 2,742 
Other Comprehensive Income (Loss), net of tax903 163 1,066 
Subscriptions—Redeemable Noncontrolling Interest Holders16,107 128 16,235 
Distributions to Noncontrolling Interests in Subsidiaries(7,023)(1,344)(8,367)
Balance at March 31, 2025$57,762 $9,428 $67,190 
Net Income (Loss)6,785 (1,094)5,691 
Other Comprehensive Income (Loss), net of tax1,854 236 2,090 
Subscriptions—Redeemable Noncontrolling Interest Holders73,940 265 74,205 
Distributions to Noncontrolling Interests in Subsidiaries(12,629)(907)(13,536)
Business Acquisition0 27,353 27,353 
Balance at June 30, 2025$127,712 $35,281 $162,993 
Net Income (Loss)2,409 (440)1,969 
Other Comprehensive Income (Loss), net of tax(76)(614)(690)
Subscriptions—Redeemable Noncontrolling Interest Holders67,650 10 67,660 
Consolidation/(Deconsolidation)(157,007)0 (157,007)
Distributions to Noncontrolling Interests in Subsidiaries(10,929)(481)(11,410)
Balance at September 30, 2025$29,759 $33,756 $63,515 
(in thousands)Consolidated Investment CompaniesOther EntitiesTotal
Balance at December 31, 2023$14,341 $11,504 $25,845 
Net Income (Loss)(72)49 (23)
Other Comprehensive Income (Loss), net of tax0 (106)(106)
Subscriptions—Redeemable Noncontrolling Interest Holders2,480 244 2,724 
Consolidation/(Deconsolidation)48,100 0 48,100 
Distributions to Noncontrolling Interests in Subsidiaries(2,853)(557)(3,410)
Balance at March 31, 2024$61,996 $11,134 $73,130 
Net Income (Loss)(1,658)(144)(1,802)
Other Comprehensive Income (Loss), net of tax0 13 13 
Subscriptions—Redeemable Noncontrolling Interest Holders16,315 (12)16,303 
Consolidation/(Deconsolidation)(52,723)0 (52,723)
Distributions to Noncontrolling Interests in Subsidiaries(2,933)(1,497)(4,430)
Balance at June 30, 2024$20,997 $9,494 $30,491 
Net Income (Loss)2,303 500 2,803 
Other Comprehensive Income (Loss), net of tax0 554 554 
Subscriptions—Redeemable Noncontrolling Interest Holders13,361 142 13,503 
Consolidation/(Deconsolidation)16,624 0 16,624 
Distributions to Noncontrolling Interests in Subsidiaries(10,395)(172)(10,567)
Balance at September 30, 2024 $42,890 $10,518 $53,408