Cohen & Steers(US:CNS)2025-10-17 14:00Assets Under Management (AUM) - Ending AUM increased to $90.9 billion as of September 30, 2025, compared to $88.9 billion at the end of Q2 2025[2] - Average AUM for Q3 2025 was $89.7 billion, up from $87.2 billion in Q2 2025[2] - Market appreciation contributed $2.4 billion to AUM in Q3 2025, slightly higher than the $2.3 billion in Q2 2025[2] Net Flows - The company experienced net inflows of $233 million in Q3 2025, a turnaround from net outflows of $131 million in Q2 2025[2] - Open-end funds saw net inflows, while advisory and subadvisory segments experienced net outflows[2] Financial Performance (As Adjusted) - Net income reached $41.7 million in Q3 2025, an increase from $37.3 million in Q2 2025[2] - Diluted EPS rose to $0.81 in Q3 2025, compared to $0.73 in Q2 2025[2] - Operating margin improved to 36.1% in Q3 2025, up from 33.6% in Q2 2025[2] Revenue (As Adjusted) - Total revenue was $140.9 million in Q3 2025, compared to $135.3 million in Q2 2025[4] - Open-end fund fees generated $73.5 million in revenue in Q3 2025[8] - Institutional fees contributed $33.3 million to revenue in Q3 2025[8] Expenses (As Adjusted) - Total expenses amounted to $90.1 million in Q3 2025, compared to $89.9 million in Q2 2025[4] - Employee compensation and benefits accounted for $56.1 million of expenses in Q3 2025[11]