Exceeding Revenue Expectations
Q2 2025 revenue reached approximately $317 million, marking a 14% increase compared to Q2 2024 and exceeded the high end of the revenue outlook.
Strong Performance Across All Solution Lines
All three reported solution lines saw growth and contributed to profit, reflecting the firm's capability to solve client problems in a complex environment.
Significant Growth in Executive Search
Executive Search revenue grew 13% to $238 million, with increases in confirmations and average revenue, and an adjusted EBITDA margin of 22.9%.
On-Demand Talent Success
Revenue increased 14% to $48 million, with adjusted EBITDA of $1 million compared to a loss of $1.6 million in the year ago period.
Heidrick Consulting Revenue Increase
Revenue increased 17% year-over-year to $31 million, driven by leadership assessment increases.
Positive Financial Position
Ended the second quarter with a strong cash position of $400 million, up $103 million from the previous year.