Inferra AI / Company / CNS

Cohen & Steers, Inc.

CNS · Financials

Last earnings Oct 15, 2026

Key results

Operating marginquarter

28.0%

Operating margin of 28.0% 36.4% as adjusted Ending AUM of $90.5 billion average AUM of $90.8 billion Net inflows of $1.2 billion

SEC original ↗Cohen & Steers, Inc. — Earnings release (8-K exhibit)EX-99Jan 22, 2026

EPSquarter

$2.97

Diluted EPS of $2.97 $3.09 as adjusted

SEC original ↗Cohen & Steers, Inc. — Earnings release (8-K exhibit)EX-99Jan 22, 2026

Operating margin of 32.0% 35.2% as adjusted Average AUM of $88.6 billion Net inflows of $1.5 billion

SEC original ↗Cohen & Steers, Inc. — Earnings release (8-K exhibit)EX-99Jan 22, 2026

Operating Margin Operating margin was 28.0% for the fourth quarter of 2025, compared with 34.5% for the third quarter of 2025, primarily due to expenses associated with the UTF rights offering of $10.8 million.

SEC original ↗Cohen & Steers, Inc. — Earnings release (8-K exhibit)EX-99Jan 22, 2026

GAAP $ 40,310 $ 48,901 $ 49,337 $ 177,736 $ 172,877 Fund related amounts (1) 1,315 184 280 2,058 1,551 Accelerated vesting of restricted stock units (77) 1,142 91 3,269 7,134 Lease transition and other costs - 280 Park Avenue (2) 807 Fund launch and rights offering costs 10,814 650 11,464 Other non-recurring expenses (3) 616 1,196 Operating income, as adjusted $ 52,362 $ 50,877 $ 49,708 $ 195,143 $ 183,565 Operating margin, U.

SEC original ↗Cohen & Steers, Inc. — Earnings release (8-K exhibit)EX-99Jan 22, 2026

GAAP 28.0 % 34.5 % 35.3 % 32.0 % 33.4 % Operating margin, as adjusted 36.4 % 36.1 % 35.5 % 35.2 % 35.4 % __________________________ (1) Represents the impact of consolidated funds and expenses incurred on behalf of certain company-sponsored funds.

SEC original ↗Cohen & Steers, Inc. — Earnings release (8-K exhibit)EX-99Jan 22, 2026

Operating incomequarter

$40,310 thousand

Operating income 40,310 48,901 49,337 (17.6 %) (18.3 %

SEC original ↗Cohen & Steers, Inc. — Earnings release (8-K exhibit)EX-99Jan 22, 2026

Net incomequarter

$34,879 thousand

Net income attributable to common stockholders $ 34,879 $ 41,711 $ 45,822 (16.4 %) (23.9 %

SEC original ↗Cohen & Steers, Inc. — Earnings release (8-K exhibit)EX-99Jan 22, 2026

AI analysis

Q3 2025 · reported Jan 22, 2026

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

EPS · Q3 2025
$2.97
EX-99 · Jan 22, 2026
Net income · Q3 2025
$34,879 thousand
EX-99 · Jan 22, 2026
Operating income · Q3 2025
$40,310 thousand
EX-99 · Jan 22, 2026
Operating margin · Q3 2025
28.0%
EX-99 · Jan 22, 2026

Headline figures

MetricQ3 2025Prior qtrYear ago
Operating margin28.0%——
EPS$2.97——
Operating income$40,310 thousand——
Net income$34,879 thousand——

EX-99 · Jan 22, 2026

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Operating margin28.0%

Capital allocation

Supplemental disclosures of non-cash investing and financing activities: In connection with its stock incentive plan, the Company issued dividend equivalents in the form of restricted stock units, net of forfeitures, in the amount of $ 1.9 million and $ 1.4 million for the six months ended June 30, 2026 and 2025, respectively.

Treasury securities and investment-grade corporate debt securities.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

GAAP to as adjusted results

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Supplemental disclosures of non-cash investing and financing activities: In connection with its stock incentive plan, the Company issued dividend equivalents in the form of restricted stock units, net of forfeitures, in the amount of $ 1.9 million and $ 1.4 million for the six months ended June 30, 2026 and 2025, respectively.

SEC original ↗Cohen & Steers, Inc. — 10-Q Quarterly report10-QJul 31, 2026

Treasury securities and investment-grade corporate debt securities.

SEC original ↗Cohen & Steers, Inc. — 10-Q Quarterly report10-QJul 31, 2026

(the Amended Credit Agreement) providing for a $ 100.0 million senior unsecured revolving credit facility maturing on August 15, 2029.

SEC original ↗Cohen & Steers, Inc. — 10-Q Quarterly report10-QJul 31, 2026

Borrowings under the Amended Credit Agreement bear interest at a variable annual rate equal to, at the Company s option, either, (i) in respect of Term Secured Overnight Financing Rate (SOFR) Loans, a rate equal to Term SOFR in effect for such period plus an applicable rate as determined according to a performance pricing grid and, (ii) in respect of Base Rate Loans, a rate equal to a Base Rate plus an applicable rate as determined according to a performance pricing grid.

SEC original ↗Cohen & Steers, Inc. — 10-Q Quarterly report10-QJul 31, 2026

The Company is also required to pay a commitment fee based on the actual daily unused amount of the credit facility payable quarterly.

SEC original ↗Cohen & Steers, Inc. — 10-Q Quarterly report10-QJul 31, 2026

Borrowings under the Amended Credit Agreement may be used for working capital and other general corporate purposes.

SEC original ↗Cohen & Steers, Inc. — 10-Q Quarterly report10-QJul 31, 2026

Strategy & priorities

real estate, $89 million into real assets multi-strategy (included in Other ) and $59 million into global listed infrastructure, partially offset by net outflows of $358 million from preferred securities Market depreciation of $568 million from U.

SEC original ↗Cohen & Steers, Inc. — Earnings release (8-K exhibit)EX-99Jan 22, 2026

real estate, partially offset by net outflows of $134 million from real assets multi-strategy (included in Other ) and Market depreciation of $147 million from U.

SEC original ↗Cohen & Steers, Inc. — Earnings release (8-K exhibit)EX-99Jan 22, 2026

Outperformance is determined by comparing the annualized investment performance of each investment strategy to the performance of specified reference benchmarks.

SEC original ↗Cohen & Steers, Inc. — Earnings release (8-K exhibit)EX-99Jan 22, 2026

The investment performance calculation of each investment strategy is based on all active accounts and investment models pursuing similar investment objectives.

SEC original ↗Cohen & Steers, Inc. — Earnings release (8-K exhibit)EX-99Jan 22, 2026

About Cohen Steers Cohen Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions.

SEC original ↗Cohen & Steers, Inc. — Earnings release (8-K exhibit)EX-99Jan 22, 2026

Risks & headwinds

Such forward-looking statements are subject to various risks and uncertainties.

SEC original ↗Cohen & Steers, Inc. — Earnings release (8-K exhibit)EX-99Jan 22, 2026

Legal Proceedings 35 Item 1A.

SEC original ↗Cohen & Steers, Inc. — 10-Q Quarterly report10-QJul 31, 2026

Macroeconomic Environment Global economic conditions remained volatile through the second quarter of 2026, with many of the uncertainties that characterized the first quarter continuing to influence markets.

SEC original ↗Cohen & Steers, Inc. — 10-Q Quarterly report10-QJul 31, 2026

Central banks continued to balance gradual progress on core inflation against signs of moderating employment growth and energy prices, and policy uncertainty remained a driver of market dynamics even as corporate fundamentals were generally upbeat.

SEC original ↗Cohen & Steers, Inc. — 10-Q Quarterly report10-QJul 31, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Documents

Filings

40 documents

Earnings releases

11 documents

Presentations

0 documents

No presentations for Cohen & Steers, Inc. are held in this edition of the library.

Transcripts

0 documents

No transcripts for Cohen & Steers, Inc. are held in this edition of the library.

Mentioned by

9 companies

Other tracked companies whose held documents mention Cohen & Steers, Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.