Company-wide Revenue Growth
Q1 2026 revenues of $983.3M, up $85.1M or 9.5% YoY (ex-FX increase of $60.8M or 6.8%). Company grew close to double-digit revenue this quarter and maintained full-year 2026 guidance of $3.94B–$4.10B.
Strong Corporate Finance Performance
Corporate Finance revenues $409.5M, up 19.2% YoY (ex-FX +16.7%). Segment operating income rose to $85.2M from $41.0M; adjusted segment EBITDA $88.7M or 21.6% of segment revenues vs $55.9M (16.3%) prior year. Key drivers: turnaround & restructuring +19%, transactions +18%, transformation +20%; million-plus engagements nearly doubled YoY.
Record Strategic Communications Quarter
Strategic Communications record revenues $103.0M, up 18.4% YoY (ex-FX +14.5%). Segment operating income $20.8M vs $8.7M prior year. Adjusted segment EBITDA $21.9M or 21.3% of segment revenues vs $12.9M (14.8%) prior year, reflecting strong event-driven higher-margin work (crisis, cyber, transactions, activism).
Technology Segment Growth and Strength in AI/Privacy
Technology revenues $102.3M, up 5.3% YoY (ex-FX +2.8%) with higher demand for litigation, information governance, privacy and security services. Segment adjusted EBITDA $11.8M (11.6% of revenues), sequential revenues +3.3%, and the business positioned to support AI-related client needs.
Improved Operating Cash Use and Active Buybacks
Net cash used in operating activities improved to $310M from $455.2M a year earlier. Repurchased 787,098 shares for $126.8M at an average price of $161.11; approximately $354.9M remaining under the repurchase program.
Per-Share Metrics and Share Count Reduction
Weighted average shares outstanding decreased 14.6% to 30.3M (from 35.5M), supporting EPS of $1.90 vs $1.74 prior year despite lower net income; continued focus on shareholder returns via buybacks.
Talent Investment and Global Capability Expansion
Continued senior hiring: 85 senior hires in 2025 and 29 SMD/affiliate hires YTD in 2026 (Australia, Middle East, and key adjacencies). Company emphasized expanded global capabilities (e.g., cyber, transactions, restructuring) and plans to increase junior hiring in H2 2026.