Cohen & Steers Q2 revenue rises 1.2% to $136.1 million; diluted EPS falls to $0.72
Cohen & Steers reported results for the quarter ended June 30, 2025. Revenue rose 1.2% from the first quarter to $136.1 million and 11.8% from a year earlier, but operating income fell 4.1% sequentially to $43.3 million and diluted earnings per share fell 7.5% to $0.72, with operating margin down to 31.8% from 33.6%. Compared with the second quarter of 2024, diluted EPS rose 14.4% from $0.63. Assets under management ended the quarter at $88.9 billion, though the firm recorded net outflows of $131 million.
Key points
- Total revenue of $136.1 million, up 1.2% from $134.5 million in the first quarter of 2025 and up 11.8% from $121.7 million a year earlier
- Diluted EPS of $0.72 versus $0.77 in the first quarter; adjusted diluted EPS of $0.73 versus $0.75
- Operating margin of 31.8% versus 33.6% in the first quarter; adjusted operating margin of 33.6%
- Ending assets under management of $88.9 billion, up 1.5% from March 31, 2025, with net outflows of $131 million
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 17, 2025.
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