Company: CNS
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001284812-25-000156
Chunk: 8

Company: COHEN & STEERS, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 1
Chunk 8
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 to Cohen & Steers, Inc.507,687 511,711 Nonredeemable noncontrolling interests11,955 9,732 Total stockholders’ equity519,642 521,443 Total liabilities, redeemable noncontrolling interests and stockholders’ equity$834,865 $812,366 

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(1)    Amounts in parentheses represent the aggregate balances at March 31, 2025 and December 31, 2024 attributable to variable interest entities (VIEs) consolidated by 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 March 31, 20252024Revenue:Investment advisory and administration fees$126,771 $115,345 Distribution and service fees7,184 6,817 Other512 548 Total revenue134,467 122,710 Expenses:Employee compensation and benefits54,554 52,003 Distribution and service fees15,189 13,395 General and administrative17,169 14,793 Depreciation and amortization2,357 2,254 Total expenses89,269 82,445 Operating income45,198 40,265 Non-operating income (loss):Interest and dividend income5,371 3,919 Gain (loss) from investments—net3,553 984 Foreign currency gain (loss)—net(1,172)134 Total non-operating income (loss)7,752 5,037 Income before provision for income taxes52,950 45,302 Provision for income taxes9,661 10,888 Net income43,289 34,414 Net (income) loss attributable to noncontrolling interests(3,511)(410)Net income attributable to common stockholders$39,778 $34,004 Earnings per share attributable to common stockholders:Basic$0.78 $0.69 Diluted$0.77 $0.68 Weighted average shares outstanding:Basic51,058 49,569 Diluted51,418 49,835 

See notes to condensed consolidated financial statements

2

COHEN & STEERS, INC. AND