Record Revenue Growth
Second quarter revenue reached approximately $317 million, marking a 14% increase compared to Q2 2024.
Strong Performance Across Service Lines
All three reported solution lines saw growth, with Executive Search revenue growing 13%, On-Demand Talent revenue increasing 14%, and Heidrick Consulting revenue rising 17% year-over-year.
Improved Profitability
Adjusted EBITDA improved by $5 million to $34 million, with an adjusted EBITDA margin expansion of 40 basis points to 10.7%.
Strong Cash Position
The company ended the second quarter with a strong cash position of $400 million, up $103 million from the previous year.
Positive Executive Search Productivity
Consultant productivity in Executive Search annualized at $2.3 million, up from $2 million in the previous year.