Cohen & Steers reported higher second-quarter 2026 adjusted earnings and assets under management, driven by improving demand for real estate, infrastructure, preferred securities and broader real assets strategies. Adjusted earnings per share rose to $0.85 from $0.79 in the prior quarter and $0.73 a year earlier, while net income increased 8% sequentially and 18% year-over-year to $44 million. Assets under management climbed about 8% to more than $100 billion, supported by $1.3 billion of net inflows, which Chief Executive Officer Joseph Harvey said was the highest level in four and a half years. Revenue grew 5% from the prior quarter to $152 million, and the adjusted operating margin improved to 36.3% as expense growth lagged revenue gains. The firm ended the quarter with $219 million of cash and U.S. Treasuries and about $136 million of liquid seed investments, providing what Chief Financial Officer Amit Muni called substantial financial flexibility.
Cohen & Steers IncHigher Q2 earnings, revenue, and AUM with net inflows, improved margins, and strong cash position.
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