Companies /Industrials

Korn Ferry

NYSE: KFY Staffing & Employment Services
$73.96
▼ $1.90 (−2.50%) today
Markets open · 3:03pm ET

Q1 2027 Earnings

Reported Sep 9, 2026, 6:50am ET · SEC source
$1.43
Beat +5.02%
EPS · est. $1.36 Adjusted

Includes $7.6 million ($0.15 per diluted share pre-tax) in integration/acquisition costs related to the AMS acquisition, with a tax benefit of $1.9 million ($0.04 per diluted share)

$764.6M
Beat +3.65%
Revenue · est. $737.7M
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−6%−4%−2%0Sep 8Sep 16report 6:50am ETearnings−1.6%−5.6%
−6%−4%−2%0Sep 8Sep 16earnings−1.6%−5.6%
KFY −5.6%S&P 500 −1.6%
−6%−4%−2%0Sep 8Sep 16report 6:50am ETearnings−1.9%−5.6%
−6%−4%−2%0Sep 8Sep 16earnings−1.9%−5.6%
KFY −5.6%NASDAQ −1.9%
−1.11%
Day of report
−3.69%
Next session
−4.56%
One week

Did KFY Beat Earnings? Q1 2027 Results

Korn Ferry delivered a clean beat across both top and bottom lines in its fiscal first quarter of 2027, extending its run of consensus EPS beats to five consecutive quarters as the talent consulting firm demonstrated that its growth momentum is holding firm. Adjusted diluted EPS of $1.43 cleared the $1.36 consensus estimate by 5.02%, while revenue of $764.62 million topped expectations by 3.65% and grew 6.9% year over year, powered by double-digit gains in Search and Workforce Solutions, up 10.4% and 11.1%, respectively. The Americas segment was the standout contributor, with fee revenue rising 9.4% to $442.13 million and Adjusted EBITDA margin expanding 140 basis points to 26.3%. Adding further strategic weight to the quarter, Korn Ferry completed its acquisition of AMS from OMERS Private Equity, combining two prominent brands to form a global leader in talent consulting. Looking ahead, the company guided Q2 fee revenue of $860 million to $878 million and adjusted diluted EPS of $1.30 to $1.40, reflecting two months of AMS contribution alongside incremental amortization and interest costs from the deal.

Key Takeaways
  • Double-digit fee revenue growth in Search (10.4%) and Workforce Solutions (11.1%)
  • Americas region led growth with 9.4% fee revenue increase driven by 14% growth in both Search and Workforce Solutions
  • Estimated remaining fees under existing contracts up 14% year-over-year to $1.9 billion
  • New business awards of $832.3 million, up 12% year-over-year
  • Fee revenue grew in all regions year-over-year

“I am very pleased with our quarterly performance. This marks our sixth consecutive quarter of top-line growth, demonstrating the momentum and durability of our business, as well as the sustaining value we are creating for our clients.”

Korn Ferry CEO, on the earnings call

Forward Guidance & Outlook

For Q2 FY27 (including two months of AMS contribution), Korn Ferry expects fee revenue of $860 million to $878 million, adjusted EBITDA margin of 16.8% to 17.2%, and adjusted diluted EPS of $1.30 to $1.40. The Q2 outlook incorporates the net after-tax impact of two months of incremental intangible asset amortization, incremental net interest expense, and incremental shares issued in connection with the AMS acquisition. Guidance assumes no further changes in worldwide geopolitical conditions, economic conditions, financial markets, and foreign exchange rates.

KFY YoY Financials

Q1 2027 vs Q1 2026 · SEC filings Q1 2026 Q1 2027
$0$300.0M$600.0M$715.5M$764.6MRevenue$83.4M$93.4MOperating Income$66.6M$69.0MNet Income
$0$300.0M$600.0MRevenueOperating IncomeNet Income

KFY Revenue by Segment

Search$307.9M+10.4%
Talent & Organizational Solutions$259.2M+0.0%
Workforce Solutions$189.4M+11.1%
Consulting
Executive Search - North America
Professional Search & Interim
Recruitment Process Outsourcing (RPO)
Digital

KFY Revenue by Geography

Americas$442.1M+9.4%
EMEA$227.7M+4.0%
Asia Pacific$86.7M+1.4%

Figures from SEC filings and company reports. Not investment advice.