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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue        
Total Revenue $ 469,446 $ 408,456 $ 1,317,830 $ 1,207,410
Operating Expenses        
Compensation and Related 144,563 136,027 432,705 403,321
Distribution 113,569 95,859 312,052 284,257
Systems and Communications 26,023 23,656 73,730 68,672
Professional Service Fees 20,239 19,849 57,415 58,046
Office and Occupancy 10,129 9,884 29,991 29,617
Advertising and Promotional 5,264 5,378 15,985 16,306
Travel and Related 4,665 4,221 12,335 11,341
Intangible Asset Related 3,556 3,504 10,255 76,131
Other 11,986 (1,664) (4,946) 8,679
Total Operating Expenses 339,994 296,714 939,522 956,370
Operating Income 129,452 111,742 378,308 251,040
Nonoperating Income (Expenses)        
Investment Income, net 6,473 6,080 18,720 18,804
Gain (Loss) on Securities, net 7,632 7,935 19,807 8,826
Debt Expense (3,182) (3,170) (9,531) (9,478)
Other, net (48) 16 (110) 85
Total Nonoperating Income (Expenses), net 10,875 10,861 28,886 18,237
Income Before Income Taxes 140,327 122,603 407,194 269,277
Income Tax Provision 34,232 32,262 100,532 84,701
Net Income Including the Noncontrolling Interests in Subsidiaries 106,095 90,341 306,662 184,576
Less: Net Income (Loss) Attributable to the Noncontrolling Interests in Subsidiaries 1,969 2,803 10,402 978
Net Income $ 104,126 $ 87,538 $ 296,260 $ 183,598
Amounts Attributable to Federated Hermes, Inc.        
Earnings Per Common Share—Basic (usd per share) $ 1.34 $ 1.06 $ 3.75 $ 2.20
Earnings Per Common Share—Diluted (usd per share) 1.34 1.06 3.75 2.20
Cash Dividends Per Share (usd per share) $ 0.34 $ 0.31 $ 0.99 $ 1.90
Investment Advisory Fees, net | Affiliates        
Revenue        
Total Revenue $ 244,712 $ 215,752 $ 693,432 $ 629,654
Investment Advisory Fees, net | Other        
Revenue        
Total Revenue 65,654 58,869 191,829 179,883
Administrative Service Fees, net—Affiliates | Affiliates        
Revenue        
Total Revenue 107,234 97,687 310,000 287,819
Other Service Fees, net | Affiliates        
Revenue        
Total Revenue 41,332 31,356 102,641 96,910
Other Service Fees, net | Other        
Revenue        
Total Revenue $ 10,514 $ 4,792 $ 19,928 $ 13,144