Korn Ferry ( (KFY) ) has released its Q1 earnings. Here is a breakdown of the information Korn Ferry presented to its investors.
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Korn Ferry is a global consulting firm specializing in talent management and organizational strategy, known for its comprehensive approach to solving business challenges across various industries. In its latest earnings report, Korn Ferry announced a 5% year-over-year increase in fee revenue for the first quarter of fiscal 2026, totaling $708.6 million. The company also reported a net income of $66.6 million, reflecting a 6% increase from the previous year.
Key financial highlights from the report include an adjusted EBITDA of $120.4 million, marking an 8% increase year-over-year, and a 17% adjusted EBITDA margin. The Professional Search & Interim and Executive Search solutions led the revenue growth, with increases of 10% and 8% respectively. Additionally, Korn Ferry repurchased 145,770 shares of stock for $9.9 million during the quarter.
The company’s strategic focus on diversification and adapting to demographic shifts has been highlighted as a significant driver of its performance. The Executive Search segment saw notable growth in regions such as EMEA and Asia Pacific, while the Professional Search & Interim segment benefited from the acquisition of Trilogy International.
Looking ahead, Korn Ferry expects its second quarter fiscal 2026 fee revenue to be between $690 million and $710 million, with diluted earnings per share projected to range from $1.10 to $1.16. The company remains optimistic about its growth prospects, driven by its strategic initiatives and market opportunities.