Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Current Assets
Cash and Cash Equivalents	$ 370,987	$ 504,441
Prepaid Expenses	34,821	29,294
Other Current Assets	15,927	4,796
Total Current Assets	760,682	781,352
Long-Term Assets
Goodwill	864,764	804,818
Intangible Assets, net of accumulated amortization of $89,849 and $75,787, respectively	342,275	327,881
Property and Equipment, net of accumulated depreciation of $123,951 and $118,103, respectively	23,424	25,565
Right-of-Use Assets, net	101,303	104,710
Other Long-Term Assets	59,137	40,358
Total Long-Term Assets	1,390,903	1,303,332
Total Assets	2,151,585	2,084,684
Current Liabilities
Accounts Payable and Accrued Expenses	88,261	100,012
Accrued Compensation and Benefits	101,955	157,068
Lease Liabilities	17,595	16,695
Other Current Liabilities	17,918	15,418
Total Current Liabilities	225,729	289,193
Long-Term Liabilities
Long-Term Debt	348,237	348,106
Long-Term Deferred Tax Liability, net	172,395	170,957
Long-Term Lease Liabilities	94,669	97,166
Other Long-Term Liabilities	33,457	28,542
Total Long-Term Liabilities	648,758	644,771
Total Liabilities	874,487	933,964
Commitments and Contingencies (Note (18))
TEMPORARY EQUITY
Redeemable Noncontrolling Interests in Subsidiaries	162,993	55,514
Federated Hermes, Inc. Shareholders’ Equity
Additional Paid-In Capital from Treasury Stock Transactions	6	0
Retained Earnings	1,384,017	1,256,603
Treasury Stock, at Cost, 21,946,781 and 17,745,777 Shares Class B Common Stock, respectively	(806,602)	(632,838)
Accumulated Other Comprehensive Income (Loss), net of tax	15,666	(32,083)
Total Permanent Equity	1,114,105	1,095,206
Total Liabilities, Temporary Equity and Permanent Equity	2,151,585	2,084,684
Investments—Consolidated Investment Companies
Current Assets
Investments	179,578	82,441
Affiliates
Current Assets
Investments	56,914	54,160
Receivables	38,476	36,317
Receivables, net of reserve of $21 and $21, respectively
Current Assets
Receivables	63,979	69,903
Class A
Federated Hermes, Inc. Shareholders’ Equity
Common Stock	189	189
Class B
Federated Hermes, Inc. Shareholders’ Equity
Common Stock	$ 520,829	$ 503,335