Korn Ferry Reports Stable Q3 Fiscal 2025 Earnings

Korn Ferry ( (KFY) ) has released its Q3 earnings. Here is a breakdown of the information Korn Ferry presented to its investors.

Korn Ferry is a global organizational consulting firm that specializes in helping companies design their organizational structures, hire the right talent, and develop workforce strategies to enhance performance. Operating primarily in the consulting sector, Korn Ferry is known for its comprehensive approach to aligning strategy and talent.

In its third quarter fiscal 2025 earnings report, Korn Ferry announced a fee revenue of $668.7 million, marking a stable performance compared to the previous year. The company also reported a diluted earnings per share of $1.10 and an adjusted diluted earnings per share of $1.19, reflecting its continued focus on operational efficiency and strategic growth.

Key financial metrics from the report include a net income of $58.4 million, with an adjusted EBITDA of $114.5 million, showing a notable increase in margin to 17.1%. The Recruitment Process Outsourcing (RPO) segment saw a 4% increase in fee revenue, driven by new client wins and increased demand from existing clients. Executive Search also experienced growth, with a 3% increase in fee revenue, attributed to a higher number of engagements billed.

The company’s strategic focus on cost management and consultant productivity has resulted in improved adjusted EBITDA margins across various segments, including Digital and Professional Search & Interim. Despite a slight decline in Consulting fee revenue, Korn Ferry’s diversified business model has helped maintain overall stability.

Looking ahead, Korn Ferry anticipates fee revenue for the fourth quarter of fiscal 2025 to be between $680 million and $700 million, with expectations for diluted earnings per share ranging from $1.20 to $1.28. The company remains optimistic about leveraging its diversified offerings to capitalize on opportunities in the evolving labor market landscape.