Company: CNS
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001284812-25-000255
Chunk: 9

Company: COHEN & STEERS, INC.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 9
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 & Steers, Inc.528,501 511,711 Nonredeemable noncontrolling interests12,570 9,732 Total stockholders’ equity541,071 521,443 Total liabilities, redeemable noncontrolling interests and stockholders’ equity$751,023 $812,366 

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(1)    Amounts in parentheses represent the aggregate balances at June 30, 2025 and December 31, 2024 attributable to variable interest entities (VIEs) consolidated by the Company. The assets may only be used to settle obligations of each VIE and the liabilities are the sole obligation of each VIE, for which creditors do not have recourse to the general credit of the Company.

See notes to condensed consolidated financial statements

1

COHEN & STEERS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

(in thousands, except per share data)

 Three Months Ended June 30,Six Months Ended June 30, 2025202420252024Revenue:Investment advisory and administration fees$128,545 $114,577 $255,316 $229,922 Distribution and service fees7,166 6,631 14,350 13,448 Other415 513 927 1,061 Total revenue136,126 121,721 270,593 244,431 Expenses:Employee compensation and benefits56,640 53,097 111,194 105,100 Distribution and service fees15,706 13,270 30,895 26,665 General and administrative18,078 14,684 35,247 29,477 Depreciation and amortization2,375 2,268 4,732 4,522 Total expenses92,799 83,319 182,068 165,764 Operating income43,327 38,402 88,525 78,667 Non-operating income (loss):Interest and dividend income6,315 5,057 11,686 8,976 Gain (loss) from investments—net6,715 (2,018)10,268 (1,034)Foreign currency gain (loss)—net(2,523)(483)(3,695)(349)Total non-operating income (loss)10,507 2,556